Super Contributor
CS800
Posts: 6,552
Registered: ‎04-07-2008
? on AMEX CLI

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?

 

 




Valued Contributor
Crashem
Posts: 3,096
Registered: ‎01-26-2012
Re: ? on AMEX CLI
[ Edited ]
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.
               LIMITS IN CARD DESCRIPTIONS
Super Contributor
CS800
Posts: 6,552
Registered: ‎04-07-2008
Re: ? on AMEX CLI

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.




Established Contributor
Watchmann
Posts: 989
Registered: ‎05-14-2008
Re: ? on AMEX CLI

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??

Frequent Contributor
OhioCPA
Posts: 471
Registered: ‎03-29-2011
Re: ? on AMEX CLI

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

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Super Contributor
CS800
Posts: 6,552
Registered: ‎04-07-2008
Re: ? on AMEX CLI

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.




Super Contributor
CS800
Posts: 6,552
Registered: ‎04-07-2008
Re: ? on AMEX CLI

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



Valued Contributor
clocktick
Posts: 1,603
Registered: ‎12-07-2008
Re: ? on AMEX CLI

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.

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




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BigDaddy18
Posts: 673
Registered: ‎04-23-2009
Re: ? on AMEX CLI

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


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Regular Contributor
tmbr10
Posts: 106
Registered: ‎04-06-2012
Re: ? on AMEX CLI

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.