topic Re: Underwhelming amex approval.... in Credit Card Approvals

Underwhelming amex approval....

Anonymous — Sat, 18 Jun 2016 03:12:11 GMT

Got approved today for BCE for $2000. I'd hoped I would've received a similar limit to my Everyday which is at $7000.
Got the everyday a year ago with the same starting limit. I figured they would start me at a better limit on my second card. Especially since I put a descent spend through it and I just paid the $ 1800 balance on it off.
Oh well..... What can you do?

Re: Underwhelming amex approval....

Loquat — Sat, 18 Jun 2016 05:18:42 GMT

Beats a denial any day of the week 😊

Re: Underwhelming amex approval....

Anonymous — Sat, 18 Jun 2016 05:25:05 GMT

Your absolutely right about that. Didnt mean to sound ungrateful of the approval. Just thought it would be different. Just shows I've got a lot to learn about credit. But I'm learning. Hahaha

Re: Underwhelming amex approval....

RonM21 — Sun, 19 Jun 2016 10:38:09 GMT

Congrats anyway!! There's always learning going on when dealing with credit lol

Re: Underwhelming amex approval....

Anonymous — Sun, 19 Jun 2016 13:54:06 GMT

$1,800 for the entire year? Or that was just a recent balance?

$1,800 in annual spending on a card is not very much spending in my opinion. While I'm sure it plays a very small part in your recent approval, I do not think it would actually help, especially not in getting a high limit. If it's $1,800 a year and it's evenly spread, that is $150/month. If you spend that on your new cars with 2K limit you're still well under 10% utilization.

Re: Underwhelming amex approval....

Anonymous — Sun, 19 Jun 2016 15:51:33 GMT

No ,that was just my most recent balance. But I've still only put anout 7000 thru the card in the year ive had it. So not a lot but reasonable.

Re: Underwhelming amex approval....

Anonymous — Sun, 19 Jun 2016 16:55:30 GMT

Congrats on the approval and new card!

Re: Underwhelming amex approval....

Anonymous — Sun, 19 Jun 2016 17:22:13 GMT

since your Everday is also a revolver - couldn't you ask to reallocate some of it's limit over to the BCE if needed?

Re: Underwhelming amex approval....

Anonymous — Sun, 19 Jun 2016 17:29:23 GMT

I think I can at the 13 month level and new card is 2 months old. Which I'll probably do. Also can ask for cli next month,last was in January. Going on vacation next month to Universal and was hoping for a higher cl as not to get utilization to high. Its expensive to go to Universal. Hahaha

Re: Underwhelming amex approval....

gingerflower — Sun, 19 Jun 2016 18:17:19 GMT

Congrats! Its probably a Temporary limit till you receive your credit card. Same experience for me with my delta gold AMX Cc it was $2,000 but when I called cust rep said the limit is $7,000 good luck😉

Re: Underwhelming amex approval....

Anonymous — Sun, 19 Jun 2016 18:19:42 GMT

That would be awsome if so, Thanks.

Re: Underwhelming amex approval....

disdreamin — Sun, 19 Jun 2016 20:53:15 GMT

I've had the same experience with one big limit and one little with AmEx. My Delta AmEx was at 30k and my approval for BCP was $2k. I reallocated part of my CL from Delta to BCP and the did CLI down the road, but it took time. And FWIW, the limit for the original approval was the real limit for my card, not a temporary starting limit.

Re: Underwhelming amex approval....

Anonymous — Sun, 19 Jun 2016 19:05:28 GMT

Not sure why Amex does it that way. Not sure when I got my increase in January but might be able get my 6 month increase just b4 vacation on the 17th of next month. Got my fingers crossed. Thanks disdreamin.