topic Re: Amex question in Credit Cards

Amex question

Anonymous — Sat, 25 Jul 2015 22:52:53 GMT

Just received my new Amex ED card. What a cool looking card it is.

I activated it through a cs rep. I asked about a cli upon activation. He told me it's a hard pull. I know that sometimes the cs reps are misinformed. So is it a hp or not?

Re: Amex question

Anonymous — Sat, 25 Jul 2015 22:56:03 GMT

@Anonymous wrote:
Just received my new Amex ED card. What a cool looking card it is.

I activated it through a cs rep. I asked about a cli upon activation. He told me it's a hard pull. I know that sometimes the cs reps are misinformed. So is it a hp or not?

No, it's an SP. If you're denied you have to wait 90 days to try again.

Re: Amex question

kdm31091 — Sat, 25 Jul 2015 22:58:11 GMT

Definitely a SP, just a 90 day wait if youre not succesful. If you are, its 180 days.

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:00:43 GMT

Should I do it online?

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:02:06 GMT

@Anonymous wrote:
Should I do it online?

If you're going to do it, do it online but you need to consider your chances of approval before trying

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:04:24 GMT

What was your starting limit and Ex score when they approved the card?

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:05:06 GMT

3000 ex709 ex is now 692 due to apps

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:05:53 GMT

8 inquiries 692ex 9% util

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:06:12 GMT

How are my chances?

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:08:08 GMT

Kaylava wrote:
How are my chances?

50/50. They've been cracking down on CLIs lately. It's entirely up to you whether you try or not and are willing to wait 90 days to try again if declined.

Re: Amex question

peaceonearth — Sat, 25 Jul 2015 23:08:51 GMT

@Anonymous wrote:
How are my chances?

If you have use for more credit then Go for it.

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:11:15 GMT

If I don't do it now when should I do it? I can't even find the request button. Lol

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:17:51 GMT

@Anonymous wrote:
If I don't do it now when should I do it? I can't even find the request button. Lol

If you don't do it now wait 2 months or so after they've seen use on the card. If you click on the little arrow next to available credit you will see a link to request a credit limit increase

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:20:56 GMT

Thank a lot. I think I will just wait.😊

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:21:36 GMT

@Anonymous wrote:
3000 ex709 ex is now 692 due to apps

I agree with Irish. It's a crap shoot. And even if you wait 61 days they will approve you on the last sp they did behind your back, and if your score isn't at least the same or higher as it was when you were approved for the card, you will likely be denied.

My wife was approved for the ED card with a $2500 limit and a 727 Ex Fico. But her last sp Fico before she asked for the cli was 698 because we had just taken our quarterly block of time off from our business and bought some new merchandise at a trade show that upped our utilization. She was declined for the cli even with a 0 balance on the card.

I agree that these banks including Am Ex have tightened up.

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:26:52 GMT

Thanks swampy. I'm just gonna wait it out. 3000 is good enough for now. I really would like a cli from citi though. 1200 isn't cutting it.

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:29:08 GMT

Did you app yet?

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:33:51 GMT

App for what?lol

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:37:28 GMT

@Anonymous wrote:
App for what?lol

For a CLI!

Re: Amex question

Anonymous — Sat, 25 Jul 2015 23:42:13 GMT

No, general consensus says to wait.