topic Re: AMEX everyday card in Credit Card Applications

AMEX everyday card

Anonymous — Fri, 01 Mar 2019 20:37:20 GMT

I already have bluecash with 30k limit . Applied for this got approved for 15 k however credit limit for blue cash was reduced to 15k immediately when checked online. Any idea why my limit on blue cash was reduced?

Re: AMEX everyday card

pinkandgrey — Fri, 01 Mar 2019 20:39:30 GMT

Amex sometimes reallocates money in order to approve another card. You might be close to your current maximum with them.

Re: AMEX everyday card

CreditInspired — Fri, 01 Mar 2019 20:40:36 GMT

Hi OP and welcome.

It sounds like you have met your internal maximum credit limit with AmX and since they wanted to approve the everyday card, they just reallocated funds from the blue to the everyday.

Re: AMEX everyday card

CreditInspired — Fri, 01 Mar 2019 20:41:17 GMT

@pinkandgrey wrote:
Amex sometimes reallocates money in order to approve another card. You might be close to your current maximum with them.

Wow, our answers are identical :-) and typed almost simultaneously.

Re: AMEX everyday card

pinkandgrey — Fri, 01 Mar 2019 20:42:20 GMT

@CreditInspired wrote:
@pinkandgrey wrote:
Amex sometimes reallocates money in order to approve another card. You might be close to your current maximum with them.
Wow, our answers are identical :-) and typed almost simultaneously.

Great minds and all that 😂

Re: AMEX everyday card

Anonymous — Fri, 01 Mar 2019 20:46:14 GMT

thanks for the anwers. I had 30K limit on the bluecash with 5k balance . Can we ask for limit increase on the old card and get approved?

Re: AMEX everyday card

Anonymous — Fri, 01 Mar 2019 21:11:01 GMT

You can make requests with 180 days between CLIs. If your request would put you over what AmEx is comfortable extending, they’ll counter or deny.

Re: AMEX everyday card

NRB525 — Fri, 01 Mar 2019 21:27:10 GMT

How long have you had the first AMEX?
Have you ever requested a CLI on that card? If so when?

Re: AMEX everyday card

FlaDude — Fri, 01 Mar 2019 22:27:12 GMT

@Anonymous wrote:
I already have bluecash with 30k limit . Applied for this got approved for 15 k however credit limit for blue cash was reduced to 15k immediately when checked online. Any idea why my limit on blue cash was reduced?

These numbers are close to mine, except they gave me $19.5 on the ED and reduced my Blue by $16k from 31k. The Blue is PIF with only small periodic charges over the last 6 months. The funny thing is I app'ed the Delta Gold card a couple of weeks later and they gave me $10k on that without taking it from any other cards. I have no idea what a CLI request will get you, but I'd be interested in hearing back if you try it.

Re: AMEX everyday card

Anonymous — Fri, 01 Mar 2019 22:48:32 GMT

its been 4 years that i had my first AMEX. There was a targeted CLI email this december which i accepted on bluecash ,taking the total limit to 30K.

Re: AMEX everyday card

Anonymous — Fri, 01 Mar 2019 22:51:09 GMT

Thanks for the answer. i have requested them for a CLI but they said i would get a response by mail .Would it pull a hard inquiry ?

Re: AMEX everyday card

Anonymous — Fri, 01 Mar 2019 23:02:25 GMT

No, AmEx CLI requests are SP.

Re: AMEX everyday card

FlaDude — Fri, 01 Mar 2019 23:06:46 GMT

@Anonymous wrote:
Thanks for the answer. i have requested them for a CLI but they said i would get a response by mail .Would it pull a hard inquiry ?

I haven't requested an Amex CLI in years, so no personal experience, but this thread suggests generally no:

https://ficoforums.myfico.com/t5/Credit-Card-Applications/The-Definitive-Amex-3X-CLI-Guide/m-p/1811071

This thread suggests possibly yes:
https://ficoforums.myfico.com/t5/Credit-Card-Applications/Amex-CLI-request-resulted-in-hard-pulls/td-p/5168893

Re: AMEX everyday card

NRB525 — Fri, 01 Mar 2019 23:55:43 GMT

Sounds like you got a denial of the CLI.

At $30k, if they had only just CLI you there in December you are probably at your max allowed exposure.

You may be able to get some increase in June or July (6 months wait) but I wouldn’t be surprised if they go to Income Verification to get to higher amounts.