topic Re: Amex auto cli question in Credit Cards

Amex auto cli question

Anonymous — Fri, 04 Dec 2015 07:34:15 GMT

Hello, I was wondering if anyone knows if Amex does auto cli with new accounts? The reason I ask is because I am trying to see if it better if I wait for a cli then ask for 3x.

Re: Amex auto cli question

DU556 — Fri, 04 Dec 2015 08:34:52 GMT

I say just wait for fo the 3x limit increase. I was approved Dec 2014 at $4k-->$12k Feb-->$23,300 August

It's worth the wait

Re: Amex auto cli question

DU556 — Fri, 04 Dec 2015 08:36:09 GMT

off topic, is see you have the citi double cash back. My wife wants to get one, is it a visa or MC?
what does Citi offer?

Thanks

Re: Amex auto cli question

Anonymous — Fri, 04 Dec 2015 12:05:41 GMT

It came as a mastercard.

Re: Amex auto cli question

takeshi74 — Fri, 04 Dec 2015 14:08:45 GMT

@Anonymous wrote:
Hello, I was wondering if anyone knows if Amex does auto cli with new accounts? The reason I ask is because I am trying to see if it better if I wait for a cli then ask for 3x.

They'll auto CLI any account that qualifies -- new or old.

Given that a requested CLI is based on last soft pull IMO there's no reason to not request CLI's unless you're certain that your credit and income do not qualify.

As for "better", you qualify for whatever your credit and income support. Waiting or not waiting for an auto CLI does not change your credit or income.

Re: Amex auto cli question

Anonymous — Fri, 04 Dec 2015 14:22:47 GMT

@takeshi74 wrote:
@Anonymous wrote:
Hello, I was wondering if anyone knows if Amex does auto cli with new accounts? The reason I ask is because I am trying to see if it better if I wait for a cli then ask for 3x.
They'll auto CLI any account that qualifies -- new or old.

Given that a requested CLI is based on last soft pull IMO there's no reason to not request CLI's unless you're certain that your credit and income do not qualify.

As for "better", you qualify for whatever your credit and income support. Waiting or not waiting for an auto CLI does not change your credit or income.

Thanks, I think I may have miscommunicated. I was wondering if I should wait to see if I can get a auto cli before I ask for 3x cli. I am just trying to see if I can maximize the 3x cli. I have putting good use into the card and paying in full since most people point to Amex preferring full payments as opposed to carrying a balance.

Re: Amex auto cli question

newhis — Fri, 04 Dec 2015 16:44:21 GMT

@Anonymous wrote:
@takeshi74 wrote:
@Anonymous wrote:
Hello, I was wondering if anyone knows if Amex does auto cli with new accounts? The reason I ask is because I am trying to see if it better if I wait for a cli then ask for 3x.
They'll auto CLI any account that qualifies -- new or old.

Given that a requested CLI is based on last soft pull IMO there's no reason to not request CLI's unless you're certain that your credit and income do not qualify.

As for "better", you qualify for whatever your credit and income support. Waiting or not waiting for an auto CLI does not change your credit or income.
Thanks, I think I may have miscommunicated. I was wondering if I should wait to see if I can get a auto cli before I ask for 3x cli. I am just trying to see if I can maximize the 3x cli. I have putting good use into the card and paying in full since most people point to Amex preferring full payments as opposed to carrying a balance.

From the reports in this forum, I would say that auto CLI for new accounts are rare. More reports for 3X requests. If your card is at 2K, it can grow to 18K in 6-9 months.

Re: Amex auto cli question

NRB525 — Fri, 04 Dec 2015 20:04:33 GMT

I got my AMEX Delta Gold in July 2013. Put a consistent $500~ each month, PIF, for a year, then ramped it up to within $50 of the $2k limit, and they gave me a $1k auto CLI.

This was before I found out about the 3x here.

i would not think any auto CLI will be worth waiting for. AMEX is going to be happy if you charge up to 90% and PIF. No obvious reason for them to give you an auto CLI.

Re: Amex auto cli question

Anonymous — Fri, 04 Dec 2015 20:40:07 GMT

@NRB525 wrote:
I got my AMEX Delta Gold in July 2013. Put a consistent $500~ each month, PIF, for a year, then ramped it up to within $50 of the $2k limit, and they gave me a $1k auto CLI.
This was before I found out about the 3x here.

i would not think any auto CLI will be worth waiting for. AMEX is going to be happy if you charge up to 90% and PIF. No obvious reason for them to give you an auto CLI.

Thanks for the heads up. I was even debating using up entire limit then paying off twice in one month to see if it would help but may just do 3x now and then again in 6 months, assuming it gets approved.