Credit Cards Center Credit cards from our partners
Reply
New Contributor
Posts: 109
Registered: ‎08-12-2012
0

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


Current: 12/6/12 708 Exp Fico
Goal Score: 740then Garden
Moderator Emeritus
Posts: 15,090
Registered: ‎12-30-2011
0

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.

 

Starting Score: EQ 04 561, TU 98 567, EX 98 599 (12/30/11)
Current Score: EQ 04 693, EQ 8 717, TU 8 732, EX 8 740 (11/01/16)
Goal Score: 700 on EQ 04 (01/01/17)


Take the myFICO Fitness Challenge
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

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
Established Contributor
Posts: 869
Registered: ‎07-04-2012
0

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 |
Contributor
Posts: 211
Registered: ‎07-02-2012
0

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

is it exactly 61 days, or after 61 days?

Walmart TU-724 on 12-2012
EX-707 on 08-2012
EQ-668on 08-2012
_________________________________
Wallet - Discover 1500 | Chase Freedom 1500 | OldNavy Visa 2750 | Walmart 2000 | Amex BCE 6000 | BoA Visa Sig 5000 | Chase Marriott 5000 | Amex Hhonor 2000 | CSP 5000
__________________________________________
Frequent Contributor
Posts: 403
Registered: ‎02-01-2010
0

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


wealthcreator 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
Senior Contributor
Posts: 6,279
Registered: ‎08-16-2012
0

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
Established Contributor
Posts: 731
Registered: ‎12-14-2011
0

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)
Frequent Contributor
Posts: 457
Registered: ‎09-08-2010
0

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
Established Contributor
Posts: 869
Registered: ‎07-04-2012
0

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 |

Forums posts are not provided or commissioned by FICO. Forums posts have not been reviewed, approved or otherwise endorsed by FICO. It is not FICO's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The listings that appear on myFICO are from companies from which myFICO receives compensation, which may impact how and where products appear on myFICO (including, for example, the order in which they appear). myFICO does not review or include all companies or all available products.
† Credit cards for FICO Score ranges: The score ranges are guidelines based on internal myFICO analysis of actual applicant approvals, and having a FICO Score in a particular range does not guarantee you will be approved for credit cards recommended in that range. These ranges were not provided by any card issuer.

Copyright ©2001-2015 Fair Isaac Corporation. All rights reserved.   | Terms of Use | Privacy Policy | Sitemap

IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more

FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.