Should I ask for the 61 Amex CLI??

newdaddy113 · ‎02-10-2014

Hello All,

My amex 61 day increase is coming up next month. My Initial line given to me was 18400. When I was approved for this Limit I was immediatedly FR'ed by amex and told to bring tax documentation. After the FR My account was reinstated and the limit stayed the same at 18400. My question is should I still go for the 61 day CLI increase of just be satisfied with the limit I was given? Is i go for the increase how much should I request for? My profile is in my Sig below. Thanks

Amex Green Card (NPSL) 03/13 - BOA ($7200) 03/13 - WELLS FARGO ($500) 03/13 - DISCOVER IT ($5800) 12/13 Amex delta gold ($18,400) 1/1/14. Amex Gold Business Card (NPSL) 1/2/14. Chase Freedom($7900) 1/9/14 NavyFederal ($25000) 1/16/14 Best Buy ($1000) 8/4/14 Barclays Arrival Plus($12500) 1/29/16 Chase CSP($20000) 1/29/16 Penfed Platinum Rewards ($16000) 1/29/16 NavyFed goRewards ($5000) 1/29/16.
Credit Score EX- 760 EQ- 735 TU- 763 Oldest account 3.2yrs aaoa 2.2 yrs.

efranklin23 · ‎02-10-2014

@newdaddy113 wrote:
Hello All,
My amex 61 day increase is coming up next month. My Initial line given to me was 18400. When I was approved for this Limit I was immediatedly FR'ed by amex and told to bring tax documentation. After the FR My account was reinstated and the limit stayed the same at 18400. My question is should I still go for the 61 day CLI increase of just be satisfied with the limit I was given? Is i go for the increase how much should I request for? My profile is in my Sig below. Thanks

I say go for it. Even if you're declined, you'll have another 90 days to apply for it again.

AMEX BCE (30K), DISCOVER IT (29.5K), NFCU CASH REWARDS (25K), BOA TRAVEL REWARDS (15K), USAA VISA (13K), CHASE SAPPHIRE RESERVE (13K), COMMENCE MASTERCARD (7.5K), CHASE FREEDOM (7K), CHASE FREEDOM (7K), TFCU CC (2.5K), TARGET REDCARD (900)

Marcos8 · ‎02-10-2014

I say go for it. You passed the first FR so theres no reason to think that you won't again. Has income and everything stayed the same in the last 60 days? Did you file taxes for 2013 yet?

clocktick · ‎02-10-2014

Go for it if you want! Don't be surprised if they FR you again. If you are satisfied with the amount you have (only you can know that) then stay where you are.

11/30/08 TU 648 EX 672 EQ 656 SEPT 2014 TU 787 EX 789 EQ ???
Amex BCP $24.1K/Clear $8.5- Sallie Mae $27.5 -Cap One QS $7.5 - Chase Freedom $7.5/United $5k/CSP $20k/Ink- Citi DP $9.5/Dividend $13k/HHHx2 $15k/16.4/Reserve $4.5k Best Buy $1940 HD $1701- Discover IT $15k - Elan $8k GEMB Lowes $20k - Macy's $2k - Kohl's $800

Starting Score: 648
Current Score: 736
Goal Score: 765

Take the FICO Fitness Challenge

Creditaddict · ‎02-10-2014

GO FOR IT! why not, it's instant and system done and will counter!

newdaddy113 · ‎02-10-2014

how much should I request if the intiial starting limits was 18400?

Amex Green Card (NPSL) 03/13 - BOA ($7200) 03/13 - WELLS FARGO ($500) 03/13 - DISCOVER IT ($5800) 12/13 Amex delta gold ($18,400) 1/1/14. Amex Gold Business Card (NPSL) 1/2/14. Chase Freedom($7900) 1/9/14 NavyFederal ($25000) 1/16/14 Best Buy ($1000) 8/4/14 Barclays Arrival Plus($12500) 1/29/16 Chase CSP($20000) 1/29/16 Penfed Platinum Rewards ($16000) 1/29/16 NavyFed goRewards ($5000) 1/29/16.
Credit Score EX- 760 EQ- 735 TU- 763 Oldest account 3.2yrs aaoa 2.2 yrs.

newUser0 · ‎02-10-2014

It depends on what your income supports and your risk score with Amex.

Recently, There was a post where a someone with 99K income got over 200K.

You might ask something like 25K-35K Range.

Creditaddict · ‎02-10-2014

It's Anex... Ask for 3x current and system will instantly counter!

newdaddy113 · ‎02-10-2014

55200 WAT!!!! That is Risky

Amex Green Card (NPSL) 03/13 - BOA ($7200) 03/13 - WELLS FARGO ($500) 03/13 - DISCOVER IT ($5800) 12/13 Amex delta gold ($18,400) 1/1/14. Amex Gold Business Card (NPSL) 1/2/14. Chase Freedom($7900) 1/9/14 NavyFederal ($25000) 1/16/14 Best Buy ($1000) 8/4/14 Barclays Arrival Plus($12500) 1/29/16 Chase CSP($20000) 1/29/16 Penfed Platinum Rewards ($16000) 1/29/16 NavyFed goRewards ($5000) 1/29/16.
Credit Score EX- 760 EQ- 735 TU- 763 Oldest account 3.2yrs aaoa 2.2 yrs.

Creditaddict · ‎02-10-2014

@newdaddy113 wrote:
55200 WAT!!!! That is Risky

Fine, Make it an Even $50k and we will call it a compromise