Credit Cards

[CS800]

My BCE is currently at $12K and I'm hoping to get it at about $28K. I know AMEX uses the 3X rule. Also read that the automated system only gives up to $25K

Lets say I go on the automated and ask for $28K, what would happen? Would that be like playing with fire and risk an FR?

[Crashem]

Automated can go over 25k. It might counteroffer. Some indicated higher risk of fr with big cli increases. No fear if you are accurate on salary.

[CS800]

---

Crashem wrote:
Automated can go over 25k. It might counteroffer. Some indicated higher risk of fr with big cli increases. No fear if you are accurate on salary.

---

So using the 3X rule, technically I can ask for $36K but I only want $28K.

Maybe If I ask for $30, it can counter for less.

[Watchmann]

The higher the initial limit the more chancey it is asking for a 3X increase.  I have a $25k limit on a SPG card but it would be foolish to think AMEX would increase this to $75k, even with some manual review.  They would have some real heartburn with it.  If it was me I'd ask for $25k which should fly within their automated system, do you really need the extra $3k??

[OhioCPA]

As I recall, the automatic system actually tells you that you can request a new CL of 3X up to $25K.

[CS800]

---

OhioCPA wrote:

As I recall, the automatic system actually tells you that you can request a new CL of 3X up to $25K.

---

Thats what I thought too.

[CS800]

---

Watchmann wrote:

The higher the initial limit the more chancey it is asking for a 3X increase.  I have a $25k limit on a SPG card but it would be foolish to think AMEX would increase this to $75k, even with some manual review.  They would have some real heartburn with it.  If it was me I'd ask for $25k which should fly within their automated system, do you really need the extra $3k??

---

Would be ideal to get this CL to match my current highest CL

[clocktick]

---

CS800 wrote:

---

OhioCPA wrote:

As I recall, the automatic system actually tells you that you can request a new CL of 3X up to $25K.

---

Thats what I thought too.

---

I seem to remember this as well.  You may have to call them if you want over that amount.

[BigDaddy18]

If you do end up calling them would you mind shareing with us what they say?  I'm curious!  Good LUCK!!

[tmbr10]

I say call in and speak with the CLI dept specifically. 800-927-0632. You are asking for a sizable increase. For example going from 2k to 6k is wayyy easier then going from 12k to 36k although both are the 3x CLI. The "3x rule" is a nice guide but doesn't always apply.

My experience with AMEX is they usually try to accommodate you if you keep your payment record clean. Good Luck.