topic Amex CLI Question in Credit Cards

Amex CLI Question

Anonymous — Mon, 31 Aug 2015 16:34:30 GMT

I applied for the Hilton Honors Amex on 8/21/15 and was instantly approved for 10K limit at 17.9% APR. As soon as I activated the card I requested a CLI for $20K and was instantly approved and also received a lower APR of 15.9%. I stayed a few nights at a Hilton property, met the minimum spend, and plan on paying in full when the payment is due.

I received a pre-screened offer from Amex for BCP for $250 after $1k in spend in first 3 months, 0% APR for 15 months and 12.9% after. I applied this morning and was instantly approved... but received a low limit of $2k. These are the only 2 personal cards I have with Amex (I have one corporate green charge card). I would prefer to have a high limit on the BCP rather than the Hilton Honors card, as this will be an everyday spend card alongside my Discover It. I also don't want to cross the CL thresholds with Amex to trigger a FR. What's the best way to go about this? Should I request a CLI when I activate the BCP, like what I did with the Hilton card, and request $6k? After that, how long until I can request Amex to transfer part of the CL on the Hilton to the BCP?

Thanks in advance everyone!

Re: Amex CLI Question

Anonymous — Mon, 31 Aug 2015 17:03:47 GMT

@Anonymous wrote:
I applied for the Hilton Honors Amex on 8/21/15 and was instantly approved for 10K limit at 17.9% APR. As soon as I activated the card I requested a CLI for $20K and was instantly approved and also received a lower APR of 15.9%. I stayed a few nights at a Hilton property, met the minimum spend, and plan on paying in full when the payment is due.

I received a pre-screened offer from Amex for BCP for $250 after $1k in spend in first 3 months, 0% APR for 15 months and 12.9% after. I applied this morning and was instantly approved... but received a low limit of $2k. These are the only 2 personal cards I have with Amex (I have one corporate green charge card). I would prefer to have a high limit on the BCP rather than the Hilton Honors card, as this will be an everyday spend card alongside my Discover It. I also don't want to cross the CL thresholds with Amex to trigger a FR. What's the best way to go about this? Should I request a CLI when I activate the BCP, like what I did with the Hilton card, and request $6k? After that, how long until I can request Amex to transfer part of the CL on the Hilton to the BCP?

Thanks in advance everyone!

You can't get a CLI on your BCP when you activate the card. Regardless of how many Amex cards you have, you need to wait 6 months between CLIs, so you can request one until some time late in February/2016 or early March dependening upon the actual date you received the CLI on the Hilton.

As for transferring limit from the Hilton card to the BCP, the Hilton card needs to be opened for 13 months before you can move limit to the BCP

Re: Amex CLI Question

Anonymous — Mon, 31 Aug 2015 17:01:22 GMT

Thank you! I thought that a CLI can be requested for each card exclusive of each other, so thank you very much for pointing out that it's for overall account.

Re: Amex CLI Question

Anonymous — Mon, 31 Aug 2015 17:03:21 GMT

@Anonymous wrote:
Thank you! I thought that a CLI can be requested for each card exclusive of each other, so thank you very much for pointing out that it's for overall account.

You're very welcome. Good luck when you can try and congrats on the approvals

Re: Amex CLI Question

Anonymous — Mon, 31 Aug 2015 17:48:54 GMT

@Anonymous wrote:
I applied for the Hilton Honors Amex on 8/21/15 and was instantly approved for 10K limit at 17.9% APR. As soon as I activated the card I requested a CLI for $20K and was instantly approved and also received a lower APR of 15.9%. I stayed a few nights at a Hilton property, met the minimum spend, and plan on paying in full when the payment is due.

I received a pre-screened offer from Amex for BCP for $250 after $1k in spend in first 3 months, 0% APR for 15 months and 12.9% after. I applied this morning and was instantly approved... but received a low limit of $2k. These are the only 2 personal cards I have with Amex (I have one corporate green charge card). I would prefer to have a high limit on the BCP rather than the Hilton Honors card, as this will be an everyday spend card alongside my Discover It. I also don't want to cross the CL thresholds with Amex to trigger a FR. What's the best way to go about this? Should I request a CLI when I activate the BCP, like what I did with the Hilton card, and request $6k? After that, how long until I can request Amex to transfer part of the CL on the Hilton to the BCP?

Thanks in advance everyone!

hurry up and grab a charge card under the same inquiry... prg 50k after 1k spend, or maybe the platinum offer 100k after 3k spend if its still alive

Re: Amex CLI Question

Anonymous — Mon, 31 Aug 2015 18:19:51 GMT

I forgot about double dipping on HP's with Amex. I checked and see pre-screened offers for those 2 you outlined. I would lean towards the PRG. What would 50k points typically be good towards value wise?

Re: Amex CLI Question

Anonymous — Mon, 31 Aug 2015 20:58:13 GMT

@Anonymous wrote:
I forgot about double dipping on HP's with Amex. I checked and see pre-screened offers for those 2 you outlined. I would lean towards the PRG. What would 50k points typically be good towards value wise?

I would go for the PRG because of the 50K MR points plus the $100 airline credit this year and next. You will end up with $700 to spend on travel all before the AF kicks in and then you can decide whether or not you want to keep it.

Re: Amex CLI Question

Anonymous — Mon, 31 Aug 2015 21:07:44 GMT

I checked for the prescreened offers and checked using my name and last 4 of SSN along with my home address, and my mother's address (lived there for a year approx 5 years ago). The PRG was a pre-screened offer using my mom's address. I am going through the application and it does not allow me to change the address. I have opted for electronic delivery of all statements, etc. and would still be able to retrieve any papers physically sent (she only lives a half hour away). Will proceeding using her address pose a problem to Amex? What is the span in a "day" when one is able to double dip on HPs?

Re: Amex CLI Question

Anonymous — Mon, 31 Aug 2015 23:33:14 GMT

Any thoughts?