topic Re: Amex Preapprovals and CLIs in Credit Card Applications

Amex Preapprovals and CLIs

Medic981 — Mon, 22 Oct 2018 01:20:43 GMT

I am gardening until 2020 for a Chase 5/24 card and so I am jonesing a little about additional cards. I was looking at Amex's cards and I am now preapproved for any card that they offer. I got the ED CC in July with a SL of $4,000 and 61 days later a CLI to $12,000. So if I understand correctly, you can request CLIs every 181 days afterward?

My question is how soon after a CLI can you app and be approved for an Amex card? Are they mutually exclusive or are there restrictions in getting CLI and approvals within 180 days of each other?

Re: Amex Preapprovals and CLIs

Brian_Earl_Spilner — Mon, 22 Oct 2018 01:49:41 GMT

They don't have anything to do with each other. CLI requests are 91 days from a denial, 181 days from an approval, and I believe that's for all cards so if you request for one card, the wait covers all your others. Rules for apping is 1 revolver in a 5 day period, 2 revolvers in a 90 day period. If you're showing pre-approved and not "expand your membership", it's pretty much a given.

Re: Amex Preapprovals and CLIs

Medic981 — Mon, 22 Oct 2018 01:57:26 GMT

Thanks, Brian.

Amex says,

Medic981, you are pre-approved!

Get a decision in as little as 30 seconds.

But if I want my Chase 5/24 CC I must garden until at least September 2019.

Re: Amex Preapprovals and CLIs

Medic981 — Mon, 22 Oct 2018 02:35:49 GMT

Correct me if I am wrong, but if I do mistakenly request a CLI early that does not reset the 181-day clock?

Re: Amex Preapprovals and CLIs

Meanmchine — Mon, 22 Oct 2018 04:00:17 GMT

@Medic981 wrote:
Correct me if I am wrong, but if I do mistakenly request a CLI early that does not reset the 181-day clock?

Your clock does not reset

Re: Amex Preapprovals and CLIs

AverageJoesCredit — Mon, 22 Oct 2018 12:15:46 GMT

181 days is beyween Amex cli approvals. My understsnding if you request a cli and its not granted, that resets the 91 day window off a denial. You must then wait another 91 days to request a cli.