Reply
Established Contributor
CreditCrusader
Posts: 799
Registered: ‎09-27-2011
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....


swpopham wrote:

I'm sorry but you sound like a school girl hiding from the "bully". I called chase today and talked to them about our ink bold and what you dont understand or know is that chase reviews business accounts weekly. If you call the number on the back of your ink card and ask for an internal limit increase they will ask you about your business and make a decision on the spot. Ours went from 5k to 15k on the 3rd month 25k at the 5th and I called today its like 5.5 months and he said he will up our internal limit to 49k because at 50k it requires full business docs and a physically signed PG. They are great to deal with and have let us run all over our internal limit. 1 million times better then AMEX... So I say don't be scared and call chase!! Dont worry about amex, chase will take that market from them if it goes the same for a few years.


Wow...that was unnecessarily rude and harsh. You could have made your point without this, you know :smileyhappy:

I'm Spartacus!

hr>Starting Score: EQ 546, EX 547, TU 580
Current Scores (lender): EQ 725 , EX FICO 720, TU 737 FICO scores>
Goal Score: 750
Take the FICO Fitness Challenge
Contributor
mmmmmm
Posts: 156
Registered: ‎06-01-2012
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....

To the OP, why are you so afraid of a FR (not to sound rude)?

 

The only reason to be worried is if you lied on your app or your actual income is much less than your stated income.  If everything matches, you have nothing to worry about other than using a small bit of your time.  If you never contact them, you will probably never have the hard limit removed.

Valued Contributor
rootpooty
Posts: 1,772
Registered: ‎10-28-2011
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....


CreditCrusader wrote:

swpopham wrote:

I'm sorry but you sound like a school girl hiding from the "bully". I called chase today and talked to them about our ink bold and what you dont understand or know is that chase reviews business accounts weekly. If you call the number on the back of your ink card and ask for an internal limit increase they will ask you about your business and make a decision on the spot. Ours went from 5k to 15k on the 3rd month 25k at the 5th and I called today its like 5.5 months and he said he will up our internal limit to 49k because at 50k it requires full business docs and a physically signed PG. They are great to deal with and have let us run all over our internal limit. 1 million times better then AMEX... So I say don't be scared and call chase!! Dont worry about amex, chase will take that market from them if it goes the same for a few years.


Wow...that was unnecessarily rude and harsh. You could have made your point without this, you know :smileyhappy:


well someone had to say it. all the time a forum member will post comlaining about amex with an fr or hard limit and as soon as its suggested calling them its always im too scared to. seriously though if you want something to be changed you would have to call them. simply doing nothing about it changes nothing and your current account situations will remain in effect.  OP unless you fibbed on your app you have nothing to worry about

NFCU plat 5k | NAVCHECK 5k | NFCU cashrewards 15k | BOFA 123 6k |
Chase Freedom 1.5k | Amazon 3K | Walmart 3K | Buckle 300 | AMEX BCE 2.5K | CHASE CSP 12K | CITI sears 6k | Kay 2k

On the prowl for Chase Sapphire Preferred! APPROVED 12K!
scores 7/14 647 622 630 (85%util)
scores 8/14 767 760 758 Boom! finally in the 700 club
Established Contributor
espnjunkie
Posts: 727
Registered: ‎12-14-2011
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....

Amex has every right to ask you to prove how your spending has increased so dramatically, especially if the income listed doesn't support charging 9,000.00 in one month. If you spend around 1-2 thousand per month normally and spend 5,000.00 this month it's no big deal, but when your spending jumps 10X normal it raises red flags. If you want them to remove the hard cap you will have to call and prove where you got the money.

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~Unknown
Merrill+ Visa Signature ($25,000.00), Amex BCP ($29,700.00), Amex Green (NPSL), Capital One Quicksilver World Mastercard ($10,000.00), US Bank Business
TU-778 (04/28/2014))
EX (Plus) - 777 (10/21/2013)
EQ - 735 (April 2013)
Established Contributor
CreditCrusader
Posts: 799
Registered: ‎09-27-2011
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....


rootpooty wrote:

CreditCrusader wrote:

swpopham wrote:

I'm sorry but you sound like a school girl hiding from the "bully". I called chase today and talked to them about our ink bold and what you dont understand or know is that chase reviews business accounts weekly. If you call the number on the back of your ink card and ask for an internal limit increase they will ask you about your business and make a decision on the spot. Ours went from 5k to 15k on the 3rd month 25k at the 5th and I called today its like 5.5 months and he said he will up our internal limit to 49k because at 50k it requires full business docs and a physically signed PG. They are great to deal with and have let us run all over our internal limit. 1 million times better then AMEX... So I say don't be scared and call chase!! Dont worry about amex, chase will take that market from them if it goes the same for a few years.


Wow...that was unnecessarily rude and harsh. You could have made your point without this, you know :smileyhappy:


well someone had to say it. all the time a forum member will post comlaining about amex with an fr or hard limit and as soon as its suggested calling them its always im too scared to. seriously though if you want something to be changed you would have to call them. simply doing nothing about it changes nothing and your current account situations will remain in effect.  OP unless you fibbed on your app you have nothing to worry about


I agree with the sentiments (i.e. If you didn't lie or fudge numbers on the app, you have nothing to worry about), just not the tone. We can make points here without calling posters "school girls".

I'm Spartacus!

hr>Starting Score: EQ 546, EX 547, TU 580
Current Scores (lender): EQ 725 , EX FICO 720, TU 737 FICO scores>
Goal Score: 750
Take the FICO Fitness Challenge
Valued Contributor
CreditScholar
Posts: 2,300
Registered: ‎01-22-2012
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....


CreditCrusader wrote:

rootpooty wrote:

CreditCrusader wrote:

swpopham wrote:

I'm sorry but you sound like a school girl hiding from the "bully". I called chase today and talked to them about our ink bold and what you dont understand or know is that chase reviews business accounts weekly. If you call the number on the back of your ink card and ask for an internal limit increase they will ask you about your business and make a decision on the spot. Ours went from 5k to 15k on the 3rd month 25k at the 5th and I called today its like 5.5 months and he said he will up our internal limit to 49k because at 50k it requires full business docs and a physically signed PG. They are great to deal with and have let us run all over our internal limit. 1 million times better then AMEX... So I say don't be scared and call chase!! Dont worry about amex, chase will take that market from them if it goes the same for a few years.


Wow...that was unnecessarily rude and harsh. You could have made your point without this, you know :smileyhappy:


well someone had to say it. all the time a forum member will post comlaining about amex with an fr or hard limit and as soon as its suggested calling them its always im too scared to. seriously though if you want something to be changed you would have to call them. simply doing nothing about it changes nothing and your current account situations will remain in effect.  OP unless you fibbed on your app you have nothing to worry about


I agree with the sentiments (i.e. If you didn't lie or fudge numbers on the app, you have nothing to worry about), just not the tone. We can make points here without calling posters "school girls".


Sometimes you have to be cruel to be kind.

FICOs: EX: 826, EQ: 817, TU: 810
Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL
Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank American Airlines Executive World Elite MasterCard - $22,500 CL
J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Moderator Emeritus
MarineVietVet
Posts: 14,502
Registered: ‎07-14-2009
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....

Frequent Contributor
youngman1234
Posts: 456
Registered: ‎02-27-2012
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....

I think the last few users that posted missed a few details....

First off not afraid at all to show my income. In fact I stated far less than I really make...

To the user that stated I should have my company give me a business cc, I own my own business...

Third, I don't want to call in cus the last time I applied I got a letter stating I was denied because amex's interal scoring system feels my account as highly risky... And it hasn't been that long since my FR...I rather just wait and let it happen on it's own.. I'm working on getting CLI on my other cards...
New Contributor
Reelax
Posts: 90
Registered: ‎06-26-2012
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....


CreditScholar wrote:

CreditCrusader wrote:

rootpooty wrote:

CreditCrusader wrote:

swpopham wrote:

I'm sorry but you sound like a school girl hiding from the "bully". I called chase today and talked to them about our ink bold and what you dont understand or know is that chase reviews business accounts weekly. If you call the number on the back of your ink card and ask for an internal limit increase they will ask you about your business and make a decision on the spot. Ours went from 5k to 15k on the 3rd month 25k at the 5th and I called today its like 5.5 months and he said he will up our internal limit to 49k because at 50k it requires full business docs and a physically signed PG. They are great to deal with and have let us run all over our internal limit. 1 million times better then AMEX... So I say don't be scared and call chase!! Dont worry about amex, chase will take that market from them if it goes the same for a few years.


Wow...that was unnecessarily rude and harsh. You could have made your point without this, you know :smileyhappy:


well someone had to say it. all the time a forum member will post comlaining about amex with an fr or hard limit and as soon as its suggested calling them its always im too scared to. seriously though if you want something to be changed you would have to call them. simply doing nothing about it changes nothing and your current account situations will remain in effect.  OP unless you fibbed on your app you have nothing to worry about


I agree with the sentiments (i.e. If you didn't lie or fudge numbers on the app, you have nothing to worry about), just not the tone. We can make points here without calling posters "school girls".


Sometimes you have to be cruel to be kind.


I would be scared to call if I fibbed on my app.
Amex Blue 22.7k // Chase Freedom 24.2k // Chase Sapphire preferred 10.7k // Amex Starwood preferred Guest 5k // BofA Cash Rewards Visa 5k // BofA Cash Rewards MC 5k // Discover More 4.2k // Dell Financial Services 7k
Exp 787 // Equifax 784 // Transunion 780
Established Contributor
swpopham
Posts: 554
Registered: ‎06-02-2012
0

Re: WHEN DOES AMEX HARD LIMIT GO AWAY.....

In this case the OP knows I was joking with him, guess I could have used a better anology. But really OP call chase INK its the same people regardless of wether its the bold or ink cash, I wash I had the revolver but its all good, They are super nice and on the business card all you have to do is talk to them like normal people and whom ever is on the phone will tell you... im going to leave you where your at... Ill up you to XYX right now, or work with me a little bit and ill bump you to XYZ then if you need more call me back.. They are great and will always have our business account so as long as they keep us.

 

Peace!

"As long as the music is playing, you've got to get up and dance," he said. "We're still dancing."---Prince CEO Citi Bank

"Money isn't the most important thing in life, but it's reasonably close to oxygen on the "gotta have it" scale". ~Zig Ziglar

myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.

>> About myFICO
FICO Score - The Score that matters
Click to Verify - This site chose VeriSign SSL for secure e-commerce and confidential communications.
Fair Isaac Corporation is a BBB Accredited Financial Service in San Rafael, CA
FOLLOW US Social Media Facebook Twitter Pinterest Google+
}