Re: The Definitive Amex 3X CLI Guide[ Edited ]
01-16-2013 06:54 PM - edited 01-16-2013 07:46 PM
Thanks to this thread I was able to get my account open date from CS, and I'm now eligible for the CLI about 5 days prior to when I thought I was eligible.
I would like to know, though, if the 6 month CLI is 6 months or 180 days from your last approved CLI?
The denial letter says "6 months" from what I recall. I am approaching my 6 month mark soon, so will be able to test out the scenario (180 days vs 6 calendar months)
Here are my timelines
Amex HHS Applied: 05/24/2012
Amex HHS Approved (Instant approval): 05/24/2012
Amex HHS "Date Opened": 05/29/2012
Amex HHS Activated: 06/01/2012
Amex HHS Credit Limit: $8,300
Amex BCP Applied: 05/24/2012
Amex BCP Approved (Recon): 05/29/2012
Amex BCP "Date Opened": 06/04/2012
Amex BCP Activated: 06/08/2012
Amex BCP Credit Limit: $4,000
Amex HHS 3X CLI Attempted: 07/24/2012 (Called 61 days after approval via automated phone method. Got instant denial message and to expect a letter within 7-10 days explaining reason(s))
Amex HHS CLI Discussion: 07/26/2012 (I really wasn't aware of rules and forums posts turned out to be so contradicting. I knew I'd jumped the gun and it was not a credit profile/income issue. Thought I'd try to find out from CSR and apply again if possible. Luckily got a very knowledgable rep on the phone who went over both HHS and BCP accounts and gave me the exact dates of eligibility for both. I figured out she was calculating from Date Opened later on as I had two datapoints)
Amex HHS 3X CLI Attempted (2nd attempt): 07/29/2012 (Date the CSR had given me. Instant approval on automated phone app).
At this point in time, I had asked in other places too to see if Amex allows a 2nd CLI if that is also past the 61 day eligibility, even if another account had just recieved a 3X CLI. Got contradicting posts again. So I thought I'd call up again
Amex BCP 3X CLI Attempted: 08/04/2012. This was the date the CSR had given me on 07/26 during the call. But since I had doubts in my mind, I attempted the CLI via phone through a CSR because they would be able to stop me if they could see I had received a CLI just a few days ago and I also brought it up to his attention. CSR happily encouraged to apply and took the app on phone. At the end, as mildly expected, he said I need to wait for the decision in mail. I knew it was denial and found the 6 month rule in the mail.
Amex Credit Limit Shuffling Attempted: 08/14/2012. I wasn't to be outdone afterall and thought I could game the system by shuffling limits in order to get both cards above $20,000. Called Amex to try this. Had no clue about the 13 statement rule at this time and wasn't even expecting anything from the CSR to even ask upfront. CSR never bothered to tell me this wasn't possible because of the 13 statement rule. At the end of the call, said I need to wait for letter in mail. I knew it was a denial. Found the 13 statement rule in mail a few days later. Amex cannot be gamed
I will be able to test out several scenarios since my 6 month 3X CLI is coming up for Amex BCP.
Last CLI Received on one of the accounts: 07/29/2012
I will complete 180 days since last CLI on January 25, 2013. (2+31+30+31+30+31+25). Eligible date for CLI going by this rule = January 26, 2013
I will complete 6 months since last CLI on January 29, 2013. Eligible date for CLI going by this rule = January 30, 2013
Am planning on attempting on Jan 26 first. My credit score is near 800 on EX and I have been tracking the softs. If I get denied, it will be most likely because of violating the eligibility rules and not income/credit profile. I will attempt again on Jan 30 if that is the case without necessarily waiting for email/snail mail. It will also confirm if I reset the window during the attempted credit shuffle on 08/14/2012
If others have datapoints to share, please do.