topic Re: New Amex card AFTER credit limit increase? in Credit Card Applications

New Amex card AFTER credit limit increase?

pinkandgrey — Fri, 17 Aug 2018 22:30:41 GMT

If I get a CLI on my BCE, will that kill my chances of getting approved for the Cash Magnet?

Thanks!

Re: New Amex card AFTER credit limit increase?

Caught750 — Fri, 17 Aug 2018 23:10:24 GMT

Nope, I believe you'll likely get a better SL on it!

Re: New Amex card AFTER credit limit increase?

Anonymous — Fri, 17 Aug 2018 23:26:50 GMT

Not necessarily; as stated in the previous response, it may actually enhance! Are you prequal?

Re: New Amex card AFTER credit limit increase?

pinkandgrey — Fri, 17 Aug 2018 23:31:33 GMT

@Anonymous wrote:
Not necessarily; as stated in the previous response, it may actually enhance! Are you prequal?

Yes, I am!

Re: New Amex card AFTER credit limit increase?

Caught750 — Fri, 17 Aug 2018 23:54:02 GMT

Only one way to find out. Let us know!

Re: New Amex card AFTER credit limit increase?

pinkandgrey — Fri, 17 Aug 2018 23:58:30 GMT

@Caught750 wrote:
Only one way to find out. Let us know!

I will! I still have a couple days to go before I’m eligible for another CLI on my BCE.

Re: New Amex card AFTER credit limit increase?

Caught750 — Sat, 18 Aug 2018 01:33:12 GMT

Best of luck on the request!

Re: New Amex card AFTER credit limit increase?

Ardecko — Sat, 18 Aug 2018 02:33:19 GMT

But it will delay your first 3x CLI on the new card. You're only allowed one CLI per 180 days.

Re: New Amex card AFTER credit limit increase?

Anonymous — Sat, 18 Aug 2018 03:34:08 GMT

Really curious if you get the Magnet. I had read where folks were restricted from it due to already having the Blue Cash. Please post your results.

Re: New Amex card AFTER credit limit increase?

601flyguy — Sat, 18 Aug 2018 04:57:55 GMT

I apped after my 3x and worked out well for me.

Re: New Amex card AFTER credit limit increase?

CCrew — Sat, 18 Aug 2018 11:59:56 GMT

I have to disagree on getting a better spending limit on the Magnet if you already have the BCE. I have a BCE w/10k SL and they only gave me 1k on the magnet. That's after having the BCE for 5 months, and spending a lot on it and PIF before statement date.

Re: New Amex card AFTER credit limit increase?

ridgebackpilot — Sun, 19 Aug 2018 16:59:52 GMT

Last month, I received an auto-CLI on my BCP and then applied for the AMEX Platinum, for which I was pre-approved.

Instant approval, all with just a SP! A CLI suggests that you're in favor with AMEX, and thus likely to be approved for another card.