topic Re: Amex 61st Day CLI denied. in Credit Card Applications

Amex 61st Day CLI denied.

Anonymous — Wed, 29 Apr 2015 00:19:48 GMT

Pretty much the opposite of what I have been reading. I was approved for Delta Gold Sky Miles and SRG on Feb 14th and 19th. Received the cards about a week later activated them and used the Sky Miles instantly for $1000 purchase on Delta vacations to get the miles and statement credit. Paid 65% of the balance before the first statement cut, and the rest before the second statement cut. I now use the card for $300 to $600 a month in spend and income is at $75K

I waited till the 61st day from activation and asked for a 3x CLI on the Delta card. SL was $2000 on a 686 Experian and they backdated my account to 1995. I had 2 Cap ones at SL of $500 each and at %10 utilization at time of app.

My current FICO's are EQ 753 TU 787 EX 763. I have a lot of new accounts, 19 since November of last year. and a lot of Inquiries as well. 14 on EX. After getting the Amex cards I discovered the SCT. LOL I was approved for a lot of them but only took on 8 that we might actually use. VS, HSN, Ann Taylor, Express, Buckle, all have stores close.

After apping for AMEX, I was on an app spree with Synchrony and was approved for a $3000 Lowes card that was Backdoor CLI's to $25K a $3000 PPEMC, a $6000 Ebates signature Visa, a $2500 Chevron/Texaco Visa. I stopped apping when Amex declined my BCE after my CLI denial and wont get any more store cards either.

I guess I should call them and see when I might be able to get my first CLI, but what line. I heard Amex does not do recons on denials. Just call custome service and ask them when will I be able to get a CLI?

Re: Amex 61st Day CLI denied.

kdm31091 — Wed, 29 Apr 2015 00:22:19 GMT

You can call and ask but Amex is not much for recons. You will probably just have to wait. The period is 90 days after being declined.

While I'm sorry to hear you were declined, I am glad you posted your experience because there's often a misguided belief that Amex is just automatically going to give CLIs, or that Amex automatically grows by 3x no matter what, etc. CLIs are based on your file no matter who the lender is. There is also not arbitrary amount of time after which you will get one. 61 days, 85 days, 102 days it doesn't matter. A CLI is granted based on your file, nothing more nothing less.

You most likely simply have to wait 90 days and try again; address whatever reasons they gave you for the denial. Good luck.

Re: Amex 61st Day CLI denied.

Anonymous — Wed, 29 Apr 2015 00:23:30 GMT

Sorry to hear about the denial. Amex does not recon CLI denials. That is ALOT of new accounts and inquiries in that timeframe and may be the reason for denial. What reason did Amex give you for the denial?

Re: Amex 61st Day CLI denied.

Anonymous — Wed, 29 Apr 2015 00:23:47 GMT

@Anonymous wrote:
Pretty much the opposite of what I have been reading. I was approved for Delta Gold Sky Miles and SRG on Feb 14th and 19th. Received the cards about a week later activated them and used the Sky Miles instantly for $1000 purchase on Delta vacations to get the miles and statement credit. Paid 65% of the balance before the first statement cut, and the rest before the second statement cut. I now use the card for $300 to $600 a month in spend and income is at $75K

I waited till the 61st day from activation and asked for a 3x CLI on the Delta card. SL was $2000 on a 686 Experian and they backdated my account to 1995. I had 2 Cap ones at SL of $500 each and at %10 utilization at time of app.

My current FICO's are EQ 753 TU 787 EX 763. I have a lot of new accounts, 19 since November of last year. and a lot of Inquiries as well. 14 on EX. After getting the Amex cards I discovered the SCT. LOL I was approved for a lot of them but only took on 8 that we might actually use. VS, HSN, Ann Taylor, Express, Buckle, all have stores close.

After apping for AMEX, I was on an app spree with Synchrony and was approved for a $3000 Lowes card that was Backdoor CLI's to $25K a $3000 PPEMC, a $6000 Ebates signature Visa, a $2500 Chevron/Texaco Visa. I stopped apping when Amex declined my BCE after my CLI denial and wont get any more store cards either.

I guess I should call them and see when I might be able to get my first CLI, but what line. I heard Amex does not do recons on denials. Just call custome service and ask them when will I be able to get a CLI?

You can try again in 90 days. Something in your file concerned them because the denial wasn't from your scores. Probably the new accounts and inquiries . Don't get too down about it. You're not the first person to be denied on their first attempt. The increases will come in time.

Re: Amex 61st Day CLI denied.

Anonymous — Wed, 29 Apr 2015 00:27:32 GMT

Not enough time or experience with American Express was the denial reason.

Re: Amex 61st Day CLI denied.

Anonymous — Wed, 29 Apr 2015 00:30:16 GMT

@Anonymous wrote:
Not enough time or experience with American Express was the denial reason.

Strange reason but you never know with these credit card companies. Give it some time and give it a go again.

Re: Amex 61st Day CLI denied.

Anonymous — Wed, 29 Apr 2015 01:01:37 GMT

@Anonymous wrote:
@Anonymous wrote:
Not enough time or experience with American Express was the denial reason.
Strange reason but you never know with these credit card companies. Give it some time and give it a go again.

That might not be the exact wording. But that was the gist of what they said. I think I probably set of an internal **bleep**-o-meter at Amex with all those new accts.

Re: Amex 61st Day CLI denied.

Anonymous — Wed, 29 Apr 2015 01:12:44 GMT

@Anonymous wrote:
@Anonymous wrote:
@Anonymous wrote:
Not enough time or experience with American Express was the denial reason.
Strange reason but you never know with these credit card companies. Give it some time and give it a go again.
That might not be the exact wording. But that was the gist of what they said. I think I probably set of an internal **bleep**-o-meter at Amex with all those new accts.

Agreed. Don't let the denial deter you.. Give it a go again after 90 days...

Re: Amex 61st Day CLI denied.

Anonymous — Wed, 29 Apr 2015 01:20:09 GMT

@Anonymous wrote:
Not enough time or experience with American Express was the denial reason.

Lol I app'd for CLI when I activated my first Amex and that was their reason. I was like "fair enough this is my first day with Amex" LOL