topic Re: Amex 3X CLI - 7-10 day in Credit Card Applications

Amex 3X CLI - 7-10 day

Anonymous — Thu, 12 Feb 2015 23:09:48 GMT

I currently have the lowest limit of any Amex I've ever seen. It's $500 on my Everyday.

I tried for my first 3x CLI today (day 61) and was given the 7-10 message.

I have put almost $1400 though the card, made multiple payments, and paid in full before both statements cut. I had a $0 balance when I submitted the request today.

I didn't check my SP's, so I really don't know when they pulled it last. Today's FICO EX is 670. Overall utilization is 8%.

UGH!!

Re: Amex 3X CLI - 7-10 day

Anonymous — Thu, 12 Feb 2015 23:26:41 GMT

call and see is it a verication of some sort I would call now if I was you.

Re: Amex 3X CLI - 7-10 day

Anonymous — Fri, 13 Feb 2015 00:09:36 GMT

@Anonymous wrote:
call and see is it a verication of some sort I would call now if I was you.

^ Yep, give'm a call. No need to worry about it over the weekend

Re: Amex 3X CLI - 7-10 day

xnxo — Fri, 13 Feb 2015 01:36:39 GMT

keep us updated!

Re: Amex 3X CLI - 7-10 day

Anonymous — Fri, 13 Feb 2015 01:43:33 GMT

That's unsettling. Now I'm even more afraid of trying on the 25th.

Re: Amex 3X CLI - 7-10 day

Anonymous — Fri, 13 Feb 2015 01:51:57 GMT

Good luck.

Re: Amex 3X CLI - 7-10 day

Anonymous — Fri, 13 Feb 2015 02:46:47 GMT

Thanks for the encouragement. I'll call in the morning.

Re: Amex 3X CLI - 7-10 day

aav — Fri, 13 Feb 2015 04:32:54 GMT

Or you could try hitting the button again for a lower amount...check the Amex 3 cli thread. I was not approved and got the 7-10 day message. I hit it again afor a lesser amount and it worked!

Re: Amex 3X CLI - 7-10 day

TURNERHOOVER — Fri, 13 Feb 2015 05:00:48 GMT

@Anonymous wrote:
I currently have the lowest limit of any Amex I've ever seen. It's $500 on my Everyday.
I tried for my first 3x CLI today (day 61) and was given the 7-10 message.
I have put almost $1400 though the card, made multiple payments, and paid in full before both statements cut. I had a $0 balance when I submitted the request today.
I didn't check my SP's, so I really don't know when they pulled it last. Today's FICO EX is 670. Overall utilization is 8%.
UGH!!

An example of what I don't want to occur April 22nd.

Re: Amex 3X CLI - 7-10 day

Anonymous — Fri, 13 Feb 2015 17:50:39 GMT

So, I called up CSR this morning. They transferred me to a different dept, and said it was denied. He cited too many new accounts, too many INQs, low credit score (664 at the time they pulled it), and not enough history with Amex. Oh well, my record-low limit will be the same for a while.

Re: Amex 3X CLI - 7-10 day

Anonymous — Fri, 13 Feb 2015 19:24:27 GMT

When I apped for them last week I had just apped and was approved for 2chase cards then apped for two of there cards and was approved. They pull EX. Also these are my first cards with them.

Re: Amex 3X CLI - 7-10 day

taxi818 — Fri, 13 Feb 2015 19:29:14 GMT

honestly. Seen this time and time again. When amex gives 500-1k limit. It's a lets see if we can trust you limit. Many cases it takes while for it to grow. Usually the second attempt. Which is 90 days from denial. You will get increase. In fact. Anyone who I ever saw get increase with the low limit. Barely used card. High spend is for sure. No guarantee. Not with amex. Barclays and others sure. But each lender different. Up to user to figure it out. Sorry op. Just start counting to 90 days.

Re: Amex 3X CLI - 7-10 day

Anonymous — Fri, 13 Feb 2015 20:08:36 GMT

Thanks taxi818. Even with its tiny limit, it's still my second favorite card (behind Sallie). It's just bothersome to make that many payments to make sure I'm still good for everyday spending. Counting down to 90 now

Re: Amex 3X CLI - 7-10 day

ojefferyo — Fri, 13 Feb 2015 20:20:58 GMT

@taxi818 wrote:
honestly. Seen this time and time again. When amex gives 500-1k limit. It's a lets see if we can trust you limit. Many cases it takes while for it to grow. Usually the second attempt. Which is 90 days from denial. You will get increase. In fact. Anyone who I ever saw get increase with the low limit. Barely used card. High spend is for sure. No guarantee. Not with amex. Barclays and others sure. But each lender different. Up to user to figure it out. Sorry op. Just start counting to 90 days.

I have noticed this too. 500-1k range usually doesn't get the 61 day luv and it's always the amount of history you have with them when they decline you.

Re: Amex 3X CLI - 7-10 day

medo — Fri, 13 Feb 2015 22:44:49 GMT

Question:

If after a 61 day decline, and you app for a CLI within 90 days, and are denied, does this mean you will also be denied at 90 days since you app'd before you were 'internally' elegible?