topic Re: AMEX CLI Decline Odd reason - thoughts in Credit Card Applications

AMEX CLI Decline Odd reason - thoughts

PointsBonus — Sun, 23 Feb 2020 02:12:27 GMT

I applied for a CLI and got declined for this reason

"Your requested American Express CREDIT LIMITS are TOO HIGH"

Re: AMEX CLI Decline Odd reason - thoughts

kdm31091 — Sun, 23 Feb 2020 02:16:15 GMT

You have a lot of Amex cards. It sounds to me like maximum exposure. They are not willing to extend any further credit. Could be wrong but that's what it seems like to me.

Re: AMEX CLI Decline Odd reason - thoughts

Meanmchine — Sun, 23 Feb 2020 02:33:43 GMT

Call Amex and ask for clarifiction

Re: AMEX CLI Decline Odd reason - thoughts

PointsBonus — Sun, 23 Feb 2020 02:35:17 GMT

Had a feeling it was either that or I asked for too much, but I only asked for 2.94 X and I always thought they countered.

Re: AMEX CLI Decline Odd reason - thoughts

Anonymous — Sun, 23 Feb 2020 03:35:40 GMT

@kdm31091 wrote:
You have a lot of Amex cards. It sounds to me like maximum exposure. They are not willing to extend any further credit. Could be wrong but that's what it seems like to me.

Agree. Seems the same with me.

Re: AMEX CLI Decline Odd reason - thoughts

Guyatthebeach — Sun, 23 Feb 2020 04:45:01 GMT

This happened to me this year. I have 2 personal AmEx's and a business AmEx. When my Amazon business was raised to $40,000 year before last, I stopped getting auto-CLI's. I requested a CLI for my BCE, and declined for that same reason.

When I called, I spoke to a rep and a supervisor, my total CL's for all 3 was at the maximum threshold for what they wanted me to have.

The only way I know to legitimately get around that is update your salary when you get a raise and try again. Then try it again when you pass your Amex anniversary.

Guyatthebeach

Re: AMEX CLI Decline Odd reason - thoughts

M_Smart007 — Sun, 23 Feb 2020 04:49:59 GMT

Max exposeure?

Re: AMEX CLI Decline Odd reason - thoughts

PointsBonus — Sun, 23 Feb 2020 04:59:15 GMT

Does the pay over time count towards the "Max Exposure" ?

Re: AMEX CLI Decline Odd reason - thoughts

AverageJoesCredit — Sun, 23 Feb 2020 12:48:49 GMT

Id imagine your POT has a limit they are comfortable allowing you to use so in essence its part of your max exposure. Trying to game them wont work since they can deny any attempted charge that goes over amount they permit. Imo.

Re: AMEX CLI Decline Odd reason - thoughts

PointsBonus — Sun, 23 Feb 2020 15:20:23 GMT

@AverageJoesCredit wrote:
Id imagine your POT has a limit they are comfortable allowing you to use so in essence its part of your max exposure. Trying to game them wont work since they can deny any attempted charge that goes over amount they permit. Imo.

Just trying to figure out what they consider in the "Max Exposure" - just Credit card limits it's POT limit included.

Re: AMEX CLI Decline Odd reason - thoughts

Anonymous — Sun, 23 Feb 2020 15:25:33 GMT

I bet it's due to your total exposure.

Re: AMEX CLI Decline Odd reason - thoughts

PointsBonus — Sun, 23 Feb 2020 17:59:36 GMT

My exposure is :

Charge Card - $42,000

Credit Card - $20,000

Total - " $62,000" counting charge and Credit.

Re: AMEX CLI Decline Odd reason - thoughts

Anonymous — Sun, 23 Feb 2020 18:20:38 GMT

Do they really factor in Charge Card NPSL though? My total CL across all revolvers is $45K, factoring in the POT limit would put me way over.