topic Re: Amex BCP approval in Credit Card Approvals

Amex BCP approval

bluediamond63 — Sun, 27 Apr 2014 04:45:52 GMT

So after being approved in November for the Total Rewards Visa Sig card and in December for the Marriott Rewards Premier Visa Sig card I decided to apply for a Amex card. I've never had one and wanted to get one because I just got a membership to Costco and thats the only credit card they accept. I was trying to decide between applying for the True earnings card, the BCE, or the BCP. I finally decided on the BCP because the rewards structure would fit me best. I apped tonight not really expecting to be approved since in the past 6 months I have opened 2 new credit cards (as mentioned above) and purchased a new car and within the past year purchased a house. But to my surprise I was approved for it with a $12,900 limit and a 14.99% APR!! Also, I was reading about this requesting 3x CLI thing after 61 days. So does that mean I can ask for a $38,700 limit after I've had the card for 2 months???

Re: Amex BCP approval

-Wade- — Sun, 27 Apr 2014 04:49:17 GMT

@bluediamond63 wrote:
So after being approved in November for the Total Rewards Visa Sig card and in December for the Marriott Rewards Premier Visa Sig card I decided to apply for a Amex card. I've never had one and wanted to get one because I just got a membership to Costco and thats the only credit card they accept. I was trying to decide between applying for the True earnings card, the BCE, or the BCP. I finally decided on the BCP because the rewards structure would fit me best. I apped tonight not really expecting to be approved since in the past 6 months I have opened 2 new credit cards (as mentioned above) and purchased a new car and within the past year purchased a house. But to my surprise I was approved for it with a $12,900 limit and a 14.99% APR!! Also, I was reading about this requesting 3x CLI thing after 61 days. So does that mean I can ask for a $38,700 limit after I've had the card for 2 months???

Congrats on your approval

Re: Amex BCP approval

Anonymous — Sun, 27 Apr 2014 04:55:40 GMT

@bluediamond63 wrote:
So after being approved in November for the Total Rewards Visa Sig card and in December for the Marriott Rewards Premier Visa Sig card I decided to apply for a Amex card. I've never had one and wanted to get one because I just got a membership to Costco and thats the only credit card they accept. I was trying to decide between applying for the True earnings card, the BCE, or the BCP. I finally decided on the BCP because the rewards structure would fit me best. I apped tonight not really expecting to be approved since in the past 6 months I have opened 2 new credit cards (as mentioned above) and purchased a new car and within the past year purchased a house. But to my surprise I was approved for it with a $12,900 limit and a 14.99% APR!! Also, I was reading about this requesting 3x CLI thing after 61 days. So does that mean I can ask for a $38,700 limit after I've had the card for 2 months???

Yes.

Congrats on your approval.

Re: Amex BCP approval

CAnNY — Sun, 27 Apr 2014 05:55:25 GMT

Congrats!

Yes, but asking for more than 25k raises a flag for them and they will require docs from reading the definitive amex thread. Just a heads up.

Re: Amex BCP approval

NursePurse — Sun, 27 Apr 2014 11:48:53 GMT

Awesome, congrats!

Re: Amex BCP approval

alvon123 — Sun, 27 Apr 2014 13:16:37 GMT

congrats

Re: Amex BCP approval

BigBS — Sun, 27 Apr 2014 14:00:23 GMT

@CAnNY wrote:
Congrats!

Yes, but asking for more than 25k raises a flag for them and they will require docs from reading the definitive amex thread. Just a heads up.

Congrats, OP! This number is debatable. It generally ranges from $25k to $35k and then needing to providing forms (4506T) to verify income. You can either do it online yourself or call and talk to a CSR, if you're worried.

Re: Amex BCP approval

fungoman — Sun, 27 Apr 2014 15:03:48 GMT

25k does not always trigger income verification. Plenty of examples on this site to prove so.

Re: Amex BCP approval

Anonymous — Sun, 27 Apr 2014 17:19:18 GMT

Congrats!

Re: Amex BCP approval

gdale6 — Mon, 28 Apr 2014 01:26:08 GMT

Grats on your new AMEX

Re: Amex BCP approval

Anonymous — Mon, 28 Apr 2014 08:43:49 GMT

Congrats!

Re: Amex BCP approval

TiggerDat — Mon, 28 Apr 2014 13:22:31 GMT

Conngrats, I wish they would have given me that kind of limit. Oh well, I will be coming up on the 61 day review in about 30 days.

Re: Amex BCP approval

1083690 — Tue, 29 Apr 2014 20:59:39 GMT

Congrats.

I'm also on the same boat. I got approved for $11K, but I think I'm going to request a CLI for $25K on the 61st day