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What's the 61 day 3x CLI?

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Aspireto850
Established Contributor

What's the 61 day 3x CLI?

Hi everyone,

 

Ive seen a lot of reference to a 61 day CLI request frthe existing cards. Exactly what does this mean?

 

Thanks









Message 1 of 14
13 REPLIES 13
Revelate
Moderator Emeritus

Re: What's the 61 day 3x CLI?


@Aspireto850 wrote:

Hi everyone,

 

Ive seen a lot of reference to a 61 day CLI request frthe existing cards. Exactly what does this mean?

 

Thanks


Traditionally this is in reference to Amex's Credit Line Increase (CLI) policies on their revolving tradelines, namely their credit cards and not their charge cards.

 

Specifically, on the 61st day after you have activated your Amex credit card, you may request a CLI for 3x your current tradeline.  For example if you have a 1K BCP (one of their revolvers) you could request a 3K credit line and perhaps have that approved, or if you were at 5K, you could request a credit line of 15K.

 

It's not guarunteed, but historically Amex has been amenable to this if your income, credit history, and expenditures are acceptable by whatever internal metrics they use, and it's viewed as a way to break out of small limits and into the Signature VISA / World Elite MC strata and higher without resorting to secured card tricks.

 




        
Message 2 of 14
youngandcreditwrthy
Senior Contributor

Re: What's the 61 day 3x CLI?

+1 .... wishin' and a hopin' and a prayin'.... Lol that I get my 3xcli to $10,500 from $3,500 per yesterday's approval! Woooo!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 3 of 14
CruzImperial
Established Contributor

Re: What's the 61 day 3x CLI?

It's going to be 61 days tomorrow for me. So nervous x)
Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Message 4 of 14
Anonymous
Not applicable

Re: What's the 61 day 3x CLI?

is it exactly 61 days, or after 61 days?

Message 5 of 14
SpiceIslander
Frequent Contributor

Re: What's the 61 day 3x CLI?


@Anonymous wrote:

is it exactly 61 days, or after 61 days?


At LEAST 61 days!

Meg.

FICO: 4/2016 - TU 841 | EQ 840 | EX 837

FNBO 23,600 | Amex SPG 13,900 | Amex BCP 13,400 | Barclays/Sallie Mae13,000 | Discover IT 12,500 | Lowes 10,000 | PLOC 9,300 | NASA FCU 8,700 | Citi Simplicity 6,200 | BOA Platinum+ 6,000 | Achieva CU 5,500 | Chase CSP 5,000 | Sam's Club 3,000 | Sears 900
Message 6 of 14
youngandcreditwrthy
Senior Contributor

Re: What's the 61 day 3x CLI?

Does Amex ever do auto clis?
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Mypoints.com Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 7 of 14
espnjunkie
Established Contributor

Re: What's the 61 day 3x CLI?

After your pay your second statement you can request a maximum increase of 3 X your starting credit limit. I went from 4,000.00 to 12,000.00 in two months. Didn't think it would happen, but was instantly approved. Now I will wait until March and shoot for 25,000.00 haha. I kinda doubt they will give me that, but I doubted they would give me a 12,000.00 line before so...

 

Most people outside of the myfico community have no idea about the 3X CLI

“The real measure of your wealth is how much you’d be worth if you lost all your money.” ~Unknown
Citi Prestige World Elite Mastercard ($35,000.00), Merrill+ Visa Signature ($25,000.00), Amex BCP ($29,700.00), Amex Green (NPSL), Capital One Quicksilver World Mastercard ($10,000.00), Chase Ink Business Bold (NPSL)
TU-778 (12/03/2014))
EX (Plus) - 777 (10/21/2013)
EQ - 735 (April 2013)
Message 8 of 14
codimom
Frequent Contributor

Re: What's the 61 day 3x CLI?

IMO, wait until after you pay your second statement.  then you can hit the luv button online.

Back in the garden!
App free since 23Oct2012 reset to 27Aug13 and reset again 4nov13
Message 9 of 14
CruzImperial
Established Contributor

Re: What's the 61 day 3x CLI?

My second statement closed on the 26th. Can I apply right now or wait till tomorrow?
Fico Scores: . Walmart TU 748 . Garden 8/19 2014 .

Cap One Journey 500 | Discover IT 500 | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCE 6k | Citi Forward 4.2k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 8.5k | Discover Walmart 7.5k | Barclays Apple 2.5k | BoA CR 2.7k | CSP 7.2k | Platinum Prestige 5k | IT Chrome 4k | Slate 2.3k |
Message 10 of 14
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