topic Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week! in Credit Cards

Received Amex EveryDay and Barclays Rewards cards in the mail this week!

celticslegends — Sat, 01 Aug 2015 03:26:18 GMT

I'm excited to have both of these cards now in my wallet. I have worked very hard to get to this point. I came back from the brink and was ready to throw in the towel, but I sucked it up and made it happen. If it wasn't for you guys on here I don't think I would have followed through with everything. It's mainly because of all the insight and stories on here that kept me pushing forward seeing the light at the end of the tunnel.

I am tempted to hit the cli on both Amex and Barclays rewards. I haven't been able to find that much info on the cli's with Barclays. As for Amex, I have Sept 22nd circled as my 61st day and I plan on applying for the 3x increase that is so talked about on here.

If anyone has any advice in the interim with respect to the cli's on both of these, feel free to drop me a line.

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

Anonymous — Sat, 01 Aug 2015 03:28:45 GMT

Barclay CLI through the luv button is a hard pull. The only way to maybe get a soft pull from them is to call in requesting an apr reduction and sometimes they have a sp cli available for you. No success for me. All HP and no CLI. Tough times from barclay so Im gardening now to see if that will help.

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

kdm31091 — Sat, 01 Aug 2015 03:39:27 GMT

Barclays wants history. You arent going to get a CLI right away. After maybe 6 months of usage you can call and ask.

The amex 61 day thing is no longer a rule. You can ask whenever. Only go for the usual 3x if you actually feel you need it. You can ask for any amount you want. Doesnt have to be 3x.

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

celticslegends — Sat, 01 Aug 2015 03:41:37 GMT

@kdm31091 wrote:
Barclays wants history. You arent going to get a CLI right away. After maybe 6 months of usage you can call and ask.

The amex 61 day thing is no longer a rule. You can ask whenever. Only go for the usual 3x if you actually feel you need it. You can ask for any amount you want. Doesnt have to be 3x.

I have seen so many threads about the 3x increase after 61 days. It's a soft pull correct?

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

redbeard — Sat, 01 Aug 2015 03:42:39 GMT

The most recent rumors are you don't have to wait till day 61 any longer for AMEX, you can do it sooner. Personally, I would wait since waiting may (unknown for sure) improve your chances slightly.

Also, the 3x is not guaranteed, but it happens frequently. There are a number of people here who were denied the 3x, myself included. But hey, it was probably a glitch that I got the card in the first place, so I'm not complaining just yet.

Dan

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

celticslegends — Sat, 01 Aug 2015 03:43:08 GMT

@Anonymous wrote:
Barclay CLI through the luv button is a hard pull. The only way to maybe get a soft pull from them is to call in requesting an apr reduction and sometimes they have a sp cli available for you. No success for me. All HP and no CLI. Tough times from barclay so Im gardening now to see if that will help.

Thank you for that intel. I'm glad I asked about it first. It took me 4 apps to finally get approved for the Barclays Rewards. I'm just going to use it and sit tight. I'll revisit it at some point during the early winter. I'll focus all of my efforts on the Amex to get that one up since it's a soft pull (I think).

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

kdm31091 — Sat, 01 Aug 2015 03:43:48 GMT

Yes amex is a SP for CLI. And yeah the 3x is never guaranteed, nor is any CLI

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

celticslegends — Sat, 01 Aug 2015 03:44:05 GMT

@redbeard wrote:
The most recent rumors are you don't have to wait till day 61 any longer for AMEX, you can do it sooner. Personally, I would wait since waiting may (unknown for sure) improve your chances slightly.

Also, the 3x is not guaranteed, but it happens frequently. There are a number of people here who were denied the 3x, myself included. But hey, it was probably a glitch that I got the card in the first place, so I'm not complaining just yet.

Dan

Thanks Dan. When you were denied, did they offer a partial increase?

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

redbeard — Sat, 01 Aug 2015 04:36:34 GMT

No, no partial increase, no increase at all.

I'm just glad they didn't cancel my account

I have no idea what percentage of people get CLI vs those that don't. From what I've seen here with Amex, it seems like 75% or better get them, others, like myself, got the card, but we are on a longer trial period. I'll get there.

Now, the denial was painless since it was a softpull and actually, I think it was a softpull from almost 2 months prior, just after I got my card. I assume this based on some info on the denial which was removed shortly after I got the card. I just haven't been back to ask again, though I will in 2 months time once my report takes a major step up.

Dan

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

takeshi74 — Sat, 01 Aug 2015 13:24:11 GMT

@celticslegends wrote:
I have seen so many threads about the 3x increase after 61 days. It's a soft pull correct?

The important one is the 3x CLI Guide. Make sure you read it. Should be linked in the stickies but if you Google "3x CLI" it will be the first hit.

@redbeard wrote:
Also, the 3x is not guaranteed, but it happens frequently.

3x didn't refer to what one would qualify for. As with any creditor that's based on credit and income. 3x is or was a cap.

@redbeard wrote:
I have no idea what percentage of people get CLI vs those that don't. From what I've seen here with Amex, it seems like 75% or better get them, others, like myself, got the card, but we are on a longer trial period.

It's not just luck of the draw or a percentage. With any creditor, limits, APR's, CLI's etc are all based what one's credit and income qualify for. If one qualifies for the requested CLI then one will get it. If one qualifies for less then one will get a counteroffer. If one does not qualify for any CLI then one will receive a denial.

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

celticslegends — Sat, 01 Aug 2015 16:13:05 GMT

@redbeard wrote:
No, no partial increase, no increase at all.
I'm just glad they didn't cancel my account

I have no idea what percentage of people get CLI vs those that don't. From what I've seen here with Amex, it seems like 75% or better get them, others, like myself, got the card, but we are on a longer trial period. I'll get there.

Now, the denial was painless since it was a softpull and actually, I think it was a softpull from almost 2 months prior, just after I got my card. I assume this based on some info on the denial which was removed shortly after I got the card. I just haven't been back to ask again, though I will in 2 months time once my report takes a major step up.

Dan

I chatted with an Amex CSR last night and they confirmed that the 61 day 3x cli is no longer in effect. They said that one can apply for a cli at any time.

I hit the cli button and will wait 5-7 business days for a decision.

Keep plugging away bud and being responsible with it. I'm sure they will give you an increase at some point. Don't give them a reason to deny you.

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

Anonymous — Sat, 01 Aug 2015 16:23:14 GMT

@celticslegends wrote:
@redbeard wrote:
No, no partial increase, no increase at all.
I'm just glad they didn't cancel my account

I have no idea what percentage of people get CLI vs those that don't. From what I've seen here with Amex, it seems like 75% or better get them, others, like myself, got the card, but we are on a longer trial period. I'll get there.

Now, the denial was painless since it was a softpull and actually, I think it was a softpull from almost 2 months prior, just after I got my card. I assume this based on some info on the denial which was removed shortly after I got the card. I just haven't been back to ask again, though I will in 2 months time once my report takes a major step up.

Dan

I chatted with an Amex CSR last night and they confirmed that the 61 day 3x cli is no longer in effect. They said that one can apply for a cli at any time.

I hit the cli button and will wait 5-7 business days for a decision.

Keep plugging away bud and being responsible with it. I'm sure they will give you an increase at some point. Don't give them a reason to deny you.

Sorry Celtic, but the 5-7 day message is usually always a denial for a CLI with Amex. It's usually instant or instant counter. I would have waited and shown some usage and given them a reason to give you a CLI. Especially if it took you 4 reps to get the Barclays card, there must be something on your profile they don't like.

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

kdm31091 — Sat, 01 Aug 2015 16:29:20 GMT

Show time and usage with Amex. It was simply too soon to expect a CLI IMO. Wait at least 3 or 6 months and try again. (You have to wait 90 days anyway)

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

celticslegends — Mon, 03 Aug 2015 00:30:02 GMT

@kdm31091 wrote:
Show time and usage with Amex. It was simply too soon to expect a CLI IMO. Wait at least 3 or 6 months and try again. (You have to wait 90 days anyway)

You are probably right, but if I am able to, I'm the kind of person that likes to know where he stands. If I am denied, I will wait until Nov/Dec to reapply for an increase. I really don't need one at this time anyways. I have more than enough credit. It was just a test.

Barclays I won't even dare, since it is a hard pull. I'll wait until Dec for them.

When you say I have to wait 90 days on Amex, are you referring to me having to wait that period of time before reapplying for a credit line increase?

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

OmarGB9 — Mon, 03 Aug 2015 03:16:08 GMT

@celticslegends wrote:
@kdm31091 wrote:
Show time and usage with Amex. It was simply too soon to expect a CLI IMO. Wait at least 3 or 6 months and try again. (You have to wait 90 days anyway)
You are probably right, but if I am able to, I'm the kind of person that likes to know where he stands. If I am denied, I will wait until Nov/Dec to reapply for an increase. I really don't need one at this time anyways. I have more than enough credit. It was just a test.

Barclays I won't even dare, since it is a hard pull. I'll wait until Dec for them.

When you say I have to wait 90 days on Amex, are you referring to me having to wait that period of time before reapplying for a credit line increase?

Yes.

Re: Received Amex EveryDay and Barclays Rewards cards in the mail this week!

Anonymous — Mon, 03 Aug 2015 06:57:29 GMT

When you chatted, you mean you chatted online?