topic Re: Amex Magnet 3X cli denied in Credit Card Applications

Amex Magnet 3X cli denied

Anonymous — Sat, 07 Jul 2018 21:19:58 GMT

Just activated my card. Went straight to luv button, but got denied (7-10 message) Maybe too early. I'll try again Monday.

Re: Amex Magnet 3X cli denied

Anonymous — Sat, 07 Jul 2018 21:41:22 GMT

Is this your first Amex card or are you previously a member?

If you've already been denied you have to wait 90 days before making another CLI request or you'd be automatically denied.

@Anonymous wrote:
Just activated my card. Went straight to luv button, but got denied (7-10 message) Maybe too early. I'll try again Monday.

Re: Amex Magnet 3X cli denied

Anonymous — Sat, 07 Jul 2018 21:52:25 GMT

I'm a current member. I have a BCE with 32K cl.

@Anonymous wrote:
Is this your first Amex card or are you previously a member?

If you've already been denied you have to wait 90 days before making another CLI request or you'd be automatically denied.

@Anonymous wrote:
Just activated my card. Went straight to luv button, but got denied (7-10 message) Maybe too early. I'll try again Monday.

Re: Amex Magnet 3X cli denied

Anonymous — Sat, 07 Jul 2018 21:57:10 GMT

When did you last get a CLI on the BCE? No harm in trying for one on the Magnet Card but I'd really be surprised if it is approved. Once the initial denial they usually don't consider any other requests for 90 days.

@Anonymous wrote:
I'm a current member. I have a BCE with 32K cl.

@Anonymous wrote:
Is this your first Amex card or are you previously a member?

If you've already been denied you have to wait 90 days before making another CLI request or you'd be automatically denied.

@Anonymous wrote:
Just activated my card. Went straight to luv button, but got denied (7-10 message) Maybe too early. I'll try again Monday.

Re: Amex Magnet 3X cli denied

Anonymous — Sat, 07 Jul 2018 22:07:58 GMT

Got cli about 5 months ago. 90 days is a long time. Oh well.

@Anonymous wrote:
When did you last get a CLI on the BCE? No harm in trying for one on the Magnet Card but I'd really be surprised if it is approved. Once the initial denial they usually don't consider any other requests for 90 days.

@Anonymous wrote:
I'm a current member. I have a BCE with 32K cl.

@Anonymous wrote:
Is this your first Amex card or are you previously a member?

If you've already been denied you have to wait 90 days before making another CLI request or you'd be automatically denied.

@Anonymous wrote:
Just activated my card. Went straight to luv button, but got denied (7-10 message) Maybe too early. I'll try again Monday.

Re: Amex Magnet 3X cli denied

Anonymous — Sat, 07 Jul 2018 22:15:42 GMT

American Express has a rule that you can only get a credit limit increase once every 180 days. Amex also considered all your cards as attached to a single account, so essentially the rule is i CLI per account every 180 days. If you got a CLI on your BCE five months ago that means you can't get another one until 180 days elapsed. So to get a CLI on your Magnet Card you'd have to clear two hurdles; the 180 day rule, and the 90 day post denial rule.

@Anonymous wrote:
Got cli about 5 months ago. 90 days is a long time. Oh well.
@Anonymous wrote:
When did you last get a CLI on the BCE? No harm in trying for one on the Magnet Card but I'd really be surprised if it is approved. Once the initial denial they usually don't consider any other requests for 90 days.

@Anonymous wrote:
I'm a current member. I have a BCE with 32K cl.

@Anonymous wrote:
Is this your first Amex card or are you previously a member?

If you've already been denied you have to wait 90 days before making another CLI request or you'd be automatically denied.

@Anonymous wrote:
Just activated my card. Went straight to luv button, but got denied (7-10 message) Maybe too early. I'll try again Monday.

Re: Amex Magnet 3X cli denied

601flyguy — Sat, 07 Jul 2018 22:49:09 GMT

You dont have to wait 90 days if the reason for denial is requesting too early. OP can still request 180 days after last cli was approved.

Re: Amex Magnet 3X cli denied

Anonymous — Sat, 07 Jul 2018 22:49:29 GMT

Thanks for the info.

@Anonymous wrote:
American Express has a rule that you can only get a credit limit increase once every 180 days. Amex also considered all your cards as attached to a single account, so essentially the rule is i CLI per account every 180 days. If you got a CLI on your BCE five months ago that means you can't get another one until 180 days elapsed. So to get a CLI on your Magnet Card you'd have to clear two hurdles; the 180 day rule, and the 90 day post denial rule.

@Anonymous wrote:
Got cli about 5 months ago. 90 days is a long time. Oh well.
@Anonymous wrote:
When did you last get a CLI on the BCE? No harm in trying for one on the Magnet Card but I'd really be surprised if it is approved. Once the initial denial they usually don't consider any other requests for 90 days.

@Anonymous wrote:
I'm a current member. I have a BCE with 32K cl.

@Anonymous wrote:
Is this your first Amex card or are you previously a member?

If you've already been denied you have to wait 90 days before making another CLI request or you'd be automatically denied.

@Anonymous wrote:
Just activated my card. Went straight to luv button, but got denied (7-10 message) Maybe too early. I'll try again Monday.

Re: Amex Magnet 3X cli denied

Anonymous — Sat, 07 Jul 2018 22:53:13 GMT

I'll check what the denial letter say. Hopefully the reason is the request is too early.

@601flyguy wrote:
You dont have to wait 90 days if the reason for denial is requesting too early. OP can still request 180 days after last cli was approved.

Re: Amex Magnet 3X cli denied

601flyguy — Sat, 07 Jul 2018 23:01:36 GMT

If you were approved for a cli less than 180 days ago, that's the only reason for denial. The system automatically denies for requesting too early, luckily it doesn't reset the clock.
There are DP all over backing this up.

Re: Amex Magnet 3X cli denied

credit_is_crack — Sat, 07 Jul 2018 23:32:29 GMT

Great info on this string.

I just got the magnet for $10k mid-June. I then successfully moved over $4,500 from my SPG to this card (was surprised it let me do it since the SPG was only 7 months old -- done 06/29). My last generic CLI from Amex was on my BCP on 05/19.

Does my credit-relo reset the CLI clock? Or would I still count 180 from last approved CLI?

A - 05/19 BCP CLI + 180

B - 06/29 Magnet 'CLI' + 180

Re: Amex Magnet 3X cli denied

601flyguy — Sat, 07 Jul 2018 23:38:52 GMT

Moving cl doesn't reset the clock. The only thing that appears to reset the clock is a cli approval or cli denial for reasons other than requesting too soon.

Re: Amex Magnet 3X cli denied

credit_is_crack — Sat, 07 Jul 2018 23:46:40 GMT

Gotcha - thanks! The two dates are only a month apart but I wanted to confirm. Thanks again