topic Re: Serious Question - AMEX 3X CLI in Credit Card Applications

Serious Question - AMEX 3X CLI

revjamesl — Wed, 05 Nov 2014 22:18:20 GMT

If the starting limit is 19k, should I really request that my limit be $57k? Is there a cap? Recommendations?

Re: Serious Question - AMEX 3X CLI

Creditaddict — Wed, 05 Nov 2014 22:21:32 GMT

@revjamesl wrote:
If the starting limit is 19k, should I really request that my limit be $57k? Is there a cap? Recommendations?

you certainly can... you might get asked to sign off on tax release

Re: Serious Question - AMEX 3X CLI

lord_kinbote — Wed, 05 Nov 2014 22:32:02 GMT

@revjamesl wrote:
If the starting limit is 19k, should I really request that my limit be $57k? Is there a cap? Recommendations?

Just an FYI, I believe Amex will only extend up to 40% of your income.

Re: Serious Question - AMEX 3X CLI

revjamesl — Wed, 05 Nov 2014 22:37:36 GMT

@akula wrote:
@revjamesl wrote:
If the starting limit is 19k, should I really request that my limit be $57k? Is there a cap? Recommendations?
Just an FYI, I believe Amex will only extend up to 40% of your income.

Very good info to be mindful of; thank you.

Re: Serious Question - AMEX 3X CLI

-NewGuy- — Wed, 05 Nov 2014 22:44:02 GMT

With a request like that they will surely ask for a signed 4506-T. However, assuming that you don't mind submitting one and your income supports it, feel free to go for it