topic Re: Amex CLI to $55k w/o IV in Credit Card Approvals

Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 17:11:32 GMT

Today was the day for another $5k/6mo increase, once again approved just like the previous 4 requests. IV has never been provided. Below is a link to the identical thread I started 6 months prior when moving to $50k on this card, which provides a bit more data that I won't repeat in this thread. To summarize, though, I've taken this card with little usage from:

(SL) $10k --> $30k --> $35k --> $40k --> $45k --> $50k --> $55k

If anyone has any questions at all, please fire away.

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Amex-CLI-to-50k-w-o-IV/td-p/5339921

FYI, I did again try for > $5k, starting with a $60k request ($10k CLI) and upon receiving IV language backed out and tried again for $55k. This to me is concrete evidence that $5k/6mo is what Amex is "comfortable" with in terms of steady growth without requiring IV, especially since it's my 5th time doing the same thing in 2 years now.

Re: Amex CLI to $55k w/o IV

Remedios — Tue, 26 Feb 2019 17:08:19 GMT

Congrats, BBS. That's pretty sweet

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 17:09:53 GMT

COngrats BBS very nice CLI!!

AMex loves your profile im sure

Re: Amex CLI to $55k w/o IV

pinkandgrey — Tue, 26 Feb 2019 17:11:41 GMT

HELLO that’s a gorgeous limit. Congrats!

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 17:16:39 GMT

@Anonymous wrote:
If anyone has any questions at all, please fire away.

How do I get from 1K to 2K?

And Congratulations! sir on a fine (if all too predictable) CLI.

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 17:17:30 GMT

Congratulations BBS!

Re: Amex CLI to $55k w/o IV

simplynoir — Tue, 26 Feb 2019 17:30:44 GMT

Congrats, BBS!

Re: Amex CLI to $55k w/o IV

xaximus — Tue, 26 Feb 2019 17:32:43 GMT

Congrats BBS on the awesome CLI!

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 19:54:28 GMT

There was another thread from a few days ago which I can't find right now where someone suggested that IV may be run into with Amex on a single tradeline at a $52k limit. I just wanted to mention that as this CLI here crossed over that point without issue.

Re: Amex CLI to $55k w/o IV

NRB525 — Tue, 26 Feb 2019 20:25:04 GMT

Congrats on the steady CLI series.

I recently requested another $5k on my Hilton card, going to $15k on that card and $57k overall, without IV at any point. I agree that for a consistent customer, AMEX would probably be fine with regular $5k bumps.

My patience is not there, however so I might be asking for a much larger increase in July, and expect the IV.

Re: Amex CLI to $55k w/o IV

AverageJoesCredit — Tue, 26 Feb 2019 21:00:02 GMT

Congrats Brutal on the double nickel

Re: Amex CLI to $55k w/o IV

marmaladepie — Tue, 26 Feb 2019 21:02:31 GMT

Congrats. That’s awesome.
May I ask how much spend you put on the this particular card?

DH has 2 Amex revolvers and the platinum.
The platinum is 11yrs old and prob puts 20-30k spend on it a year.
The other two revolvers are
38k limit (about 35k annual spend) 1.5yr old
35k limit ( about 17k annual spend) 1yr old.
Tried to get the 35k card to 38k limit but IV verification was requested.
Ficos in low 800 and 330k annual salary.

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 21:26:21 GMT

Excellent!! Congrats on the increase!!

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 21:36:56 GMT

@NRB525 wrote:

My patience is not there, however so I might be asking for a much larger increase in July, and expect the IV.

Understood. It's all category spend/card specific I suppose. Since my spend is minimal, a large limit really is nothing more than fluff on this account. For me, the BCE is nothing more than a 3% grocery card that typically gets rendered obsolete for half the year if Discover and Freedom offer a 5% grocery category on quarter apiece. I don't care about the 2% gas on the BCE, as I'd rather put the spend on my Citi DC where the rewards can be redeemed far quicker.

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 21:45:10 GMT

@marmaladepie wrote:

May I ask how much spend you put on the this particular card?

Very minimal. For the past 6 months since my last $5k CLI the card has only seen an $1107 total spend. That's down from ~$1450 or so (exact number in the thread linked in Post 1) the previous 6 months. $1107 total spend over 6 months averages out to $184.50/mo, or between one-quarter and one-half of 1% of my limit.

Bottom line is that spend clearly doesn't matter much if at all to Amex when it comes to CLIs IMO.

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 21:54:16 GMT

Congratulations! You inspired me to give AmEx a try. Not in your neighborhood, yet.

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 22:02:59 GMT

@Anonymous wrote:
Congratulations! You inspired me to give AmEx a try. Not in your neighborhood, yet.

A try in terms of an application, or a try in terms of a CLI request on an existing account?

Re: Amex CLI to $55k w/o IV

LittleSal — Tue, 26 Feb 2019 22:20:38 GMT

Congrats on the awesome new limit!!!

Do you have any other AMEX cards?

Re: Amex CLI to $55k w/o IV

Anonymous — Tue, 26 Feb 2019 22:47:15 GMT

@LittleSal wrote:

Do you have any other AMEX cards?

Nope, just this one. I have no intentions of picking up another, as their products really don't appeal to me... so I'm just going to continue to go for $5k/6mo increases just to see how high they'll go.

While perhaps implied, it's also worth clarifying that not only is this my only Amex account currently, but my only one ever; I have no prior history with Amex before acquiring this card 2.5 years ago.

Re: Amex CLI to $55k w/o IV

LittleSal — Tue, 26 Feb 2019 22:52:50 GMT

Nice. Can’t wait to see how high you get it!