topic Re: Amex Delta Gold only $1000 in Credit Card Applications

Amex Delta Gold only $1000

FancyPants1 — Sat, 17 Feb 2024 13:17:27 GMT

Hello all,

Current credit scores 706 717 and 710

Approved for $9k on Amex blue

as of today only $1k for delta Amex sky miles gold

no late payments, credit utilization 9% across all cards

Should I cancel the card and wait 6 months for potentially higher limit

Re: Amex Delta Gold only $1000

markbeiser — Sat, 17 Feb 2024 13:39:14 GMT

You can keep it open and request a CLI every 91ish days.
If you are using it, and your credit scores are improving along the way, it can grow quite rapidly, as AmEx commonly gives 3x CLIs.
A number of us on this forum have gone from $1k to $27k limits on AmEx credit cards in as little as 9 months + a few days.
I started at $1k on my BCE card in October 2022, and am at $34k now.
When I first got the card, my scores were just slightly lower than where yours are now.

Re: Amex Delta Gold only $1000

FancyPants1 — Sat, 17 Feb 2024 13:40:56 GMT

Thank you for your reply,

My concern is the Amex blue of $9k, I spent $5k in a month and paid it off of course before statement date and make continuous large payments however upon requesting cli for amex blue that I've had for 3 months they are also declining cli on that card.

Not sure what to do.

Re: Amex Delta Gold only $1000

markbeiser — Sat, 17 Feb 2024 15:17:09 GMT

IMO, you will find that they become more generous as your credit scores grow, so I'd focus on that.
Your scores are not bad, but the high 600s to low 700s range is kind of the entery point for getting approved for AmEx credit cards.

Re: Amex Delta Gold only $1000

Brian_Earl_Spilner — Sat, 17 Feb 2024 15:22:43 GMT

It means they've extended all the credit they're comfortably willing to extend at this time. That's a borderline qpproval. Nothing will change that but time. Closing it could be a flag to them as they typically want you to keep the card open at least 12 months. People who don't can be blocked from SUBs on other cards in the future. Don't know if you had a SUB on it or if closing a card without a SUB could lead to the same action, but why risk it?

Re: Amex Delta Gold only $1000

FancyPants1 — Sat, 17 Feb 2024 16:47:45 GMT

This is good information. Thank You

Re: Amex Delta Gold only $1000

GZG — Sat, 17 Feb 2024 17:03:37 GMT

@FancyPants1 wrote:
This is good information. Thank You

you can try moving a portion of your blue cash limit to the delta gold once the delta gold is old enough (1 statement? maybe longer) so the card is more comfortable to use

Re: Amex Delta Gold only $1000

pizzadude — Sat, 17 Feb 2024 17:15:06 GMT

Agree with the others, I don't think you'd have better odds with a new apps in 6 months vs requesting a CLI on this account.

Over time it will very likely grow with responsible use and assuming your income and other criteria are good w AMEX.

I do also think that transferring some of the CL over from your other card wouldn't hurt, also considering that $1K won't get you very far with Delta these days.

Re: Amex Delta Gold only $1000

FancyPants1 — Sat, 17 Feb 2024 17:25:12 GMT

"Nothing will change that but time. Closing it could be a flag to them"

So glad I added my question to the forum. Several helpful responses, including.

I will def keep the card now.

Thanks All

Re: Amex Delta Gold only $1000

Creditwiser — Sat, 17 Feb 2024 19:04:40 GMT

Above comments are spot on. I started @ 1k SL 2016 and now at 30k. I did use it like a debit card and was constatntly swipeing and paying.

It will grow nicely for you if you look after the account. Congrats !

Re: Amex Delta Gold only $1000

SouthJamaica — Sat, 17 Feb 2024 21:10:24 GMT

@FancyPants1 wrote:
Hello all,

Current credit scores 706 717 and 710

Approved for $9k on Amex blue

as of today only $1k for delta Amex sky miles gold

no late payments, credit utilization 9% across all cards

Should I cancel the card and wait 6 months for potentially higher limit

No don't cancel. It's easy to get soft pull CLI's from American Express.

Re: Amex Delta Gold only $1000

SouthJamaica — Sat, 17 Feb 2024 21:13:58 GMT

What is an Amex blue card?

Re: Amex Delta Gold only $1000

FlaDude — Wed, 21 Feb 2024 14:18:16 GMT

@SouthJamaica wrote:
What is an Amex blue card?

This is the one I have. Originally got it years ago for a BL, but with no AF no real reason to close it even though I really have no need for it. Unlike some other issuers, Amex doesn't seem to close cards for disuse.

Re: Amex Delta Gold only $1000

Horseshoez — Wed, 21 Feb 2024 14:41:28 GMT

Even though a $1,000 limit would be my lowest limit by far, if (and that's a very big IF) AMEX was to ever let me back in then I'd be thrilled with a $1,000 limit.

Re: Amex Delta Gold only $1000

youngandcreditwrthy — Wed, 21 Feb 2024 18:13:27 GMT

dont cancel the card, but take it as a warning to not apply for any more amex accounts for 6 months.

keep it and in two statements( or 61 days) ask for 3,000 total cl then in 181 days or 6 statements ask for 9,000 total CL.

you need to ask for a CLI on your other amex too. if you've had it for more than 61 days, ask for 24k+ @FancyPants1

Re: Amex Delta Gold only $1000

captainsensation — Wed, 21 Feb 2024 18:14:08 GMT

I am in the same boat as you but with the BCP. I have some stuff falling off my reports next month and i will see about the 3X CLI a couple more months. Good luck.

Re: Amex Delta Gold only $1000

youngandcreditwrthy — Wed, 21 Feb 2024 18:14:58 GMT

PS:

what's your income? I was able to get 35k in amex cls with 695-720 ficos with 150k income.

amex accounts for potential DTI and your other credit lines too.

do you have other large lines? or maybe no other lines that large?

consider those things

Re: Amex Delta Gold only $1000

captainsensation — Wed, 21 Feb 2024 18:15:24 GMT

How long did you wait to ask for your first 3X CLI?

Re: Amex Delta Gold only $1000

FancyPants1 — Thu, 22 Feb 2024 02:41:10 GMT

Woah! I definitely will. Thank for sharing a gem!

@youngandcreditwrthy wrote:
dont cancel the card, but take it as a warning to not apply for any more amex accounts for 6 months.

keep it and in two statements( or 61 days) ask for 3,000 total cl then in 181 days or 6 statements ask for 9,000 total CL.

you need to ask for a CLI on your other amex too. if you've had it for more than 61 days, ask for 24k+ @FancyPants1

Re: Amex Delta Gold only $1000

FancyPants1 — Thu, 22 Feb 2024 02:41:40 GMT

To your success✨