topic Re: AMEX 3x CLI APPROVED!!! in Credit Card Approvals

AMEX 3x CLI APPROVED!!!

Anonymous — Sat, 03 Nov 2012 04:42:26 GMT

Just requested 3x CLI on my Amex BCP & got approved ($6,000 from $2,000). For those looking to do the same here's what my credit profile & Amex history looks like. Account opened 70 days go, I paid my balance in full for the 2 billing cycles ( paid the last statement early so that it would post before I requested the increase). I'm not sure if this has anything to do with why Amex increased me but I charged pretty close to the $2,000 limit during the 1st billing cycle more than once but returned most of it before the cycle closed. I have high util on my other non-Amex CCs but no baddies. 3 inquiries on EX, 3 on EQ, & 2 on TU.

(Also got approved for 2 USAA cards yesterday so I'm pretty excited. Citi denied my request for a CLI but I was expecting that.)

Hope this info helps.

Re: AMEX 3x CLI APPROVED!!!

Anonymous — Sat, 03 Nov 2012 04:52:13 GMT

congrats!

Re: AMEX 3x CLI APPROVED!!!

wallyworld123 — Sat, 03 Nov 2012 04:59:42 GMT

Congrats:

Re: AMEX 3x CLI APPROVED!!!

youngandcreditwrthy — Sat, 03 Nov 2012 05:55:57 GMT

Nice!! Congrats!! How high is high for util? Lol

Re: AMEX 3x CLI APPROVED!!!

bettercreditguy1 — Sat, 03 Nov 2012 11:00:15 GMT

Congradulation! Take care of them and they will take care of you! I have been a member since 1984. There service is impecably Professional.

Re: AMEX 3x CLI APPROVED!!!

nada9188 — Sat, 03 Nov 2012 14:25:46 GMT

Op, can you post each statement balance you've had so far? Also is this your first Amex?

Re: AMEX 3x CLI APPROVED!!!

Anonymous — Sat, 03 Nov 2012 14:27:32 GMT

Congrats

Re: AMEX 3x CLI APPROVED!!!

webhopper — Sat, 03 Nov 2012 20:56:09 GMT

Nice CLI Congrats!!

Re: AMEX 3x CLI APPROVED!!!

Epcot — Sat, 03 Nov 2012 21:12:32 GMT

Nice, Congrats!

Re: AMEX 3x CLI APPROVED!!!

Anonymous — Sat, 03 Nov 2012 21:15:17 GMT

@youngandcredit- 1 cc @ 94% & another at 89% (other 2 were 10% & 25%) I think this shows that with regards to credit increases, Amex is more concerned with your history with them than other creditors. @Nada- 1st statement balance $900 2nd statement balance $525 I paid in full once my statement generated. I also have a Zync that was opened a couple of weeks before & I paid those right away. Hardly charged anything on the Zync (1 charge each cycle for under $20.) However, during the 1st billing cycle on the BCP I kept charging up to $2,000 & then returned stuff. $2,000 CL wasn't really cutting it- I had to split my Bloomingdales charges on 2 cards more than once. I only mention this bc ppl say that Amex likes ppl who spend a lot and that if you don't use the limit they started you with then you don't have a case for an increase. Not sure if I buy this line of thinking. (Wasn't trying to pull anything with the buying & returning it's just that the way Bloomingdales sakes wirk, you get a bigger percentage off if you charge more.) My income is pretty mid range. I had a green card 12 yrs ago for a few months but Amex has no record of it so essentially the Zync & BCP are my first Amexes.

Re: AMEX 3x CLI APPROVED!!!

Anonymous — Thu, 08 Nov 2012 15:51:44 GMT

@Anonymous wrote:
@youngandcredit- 1 cc @ 94% & another at 89% (other 2 were 10% & 25%) I think this shows that with regards to credit increases, Amex is more concerned with your history with them than other creditors. @Anonymous- 1st statement balance $900 2nd statement balance $525 I paid in full once my statement generated. I also have a Zync that was opened a couple of weeks before & I paid those right away. Hardly charged anything on the Zync (1 charge each cycle for under $20.) However, during the 1st billing cycle on the BCP I kept charging up to $2,000 & then returned stuff. $2,000 CL wasn't really cutting it- I had to split my Bloomingdales charges on 2 cards more than once. I only mention this bc ppl say that Amex likes ppl who spend a lot and that if you don't use the limit they started you with then you don't have a case for an increase. Not sure if I buy this line of thinking. (Wasn't trying to pull anything with the buying & returning it's just that the way Bloomingdales sakes wirk, you get a bigger percentage off if you charge more.) My income is pretty mid range. I had a green card 12 yrs ago for a few months but Amex has no record of it so essentially the Zync & BCP are my first Amexes.

When you say "returned stuff"........do you mean returning what you bought or just paying off cards???

Re: AMEX 3x CLI APPROVED!!!

youngandcreditwrthy — Thu, 08 Nov 2012 16:29:04 GMT

interesting... I was actually a little worried about two of my accounts reporting with high util (Chase Freedom and Trav Amex)....

so maybe this isn't a concern. I def plan to PIF with Amex though!!! This is good info to hear! Thanks :-)

Re: AMEX 3x CLI APPROVED!!!

Razeus — Thu, 08 Nov 2012 16:59:35 GMT

I keep my balances low or zero. It's been challenging of late since I just bought my house and Christmas is around the corner though, but thankfully I don't have any interest being charged until Dec' 2013. I wouldn't worry too much about ultiizatin and credit score unless I was going to ask for more credit. Keeping balances low helps with that though.

Re: AMEX 3x CLI APPROVED!!!

youngandcreditwrthy — Thu, 08 Nov 2012 17:15:50 GMT

Yeah my bals are all at 0%. my trav amex 0% expires in Dec., so I just bt'ed most of it to Freedom lol... But I think it may double report the balance for like a week since my Trav Amex bal won't report after the new Chase bal reports. Lol