topic Re: Multiple Amex card CLI Question? in Credit Cards

Multiple Amex card CLI Question?

Anonymous — Sun, 05 Jun 2016 12:36:30 GMT

Hey everyone. I have a question about CLI's with Amex. I was able to get my 3X CLI on my BCP today after 62 days of having the card. I then apped for an Everyday card and was approved instantly. My question is I want to plan my next move in managing both cards and there limits. After getting the 3X increase on my BCP today am I now 180 days away from any increases on both cards? Thanks!

Re: Multiple Amex card CLI Question?

Anonymous — Sun, 05 Jun 2016 12:41:57 GMT

@Anonymous wrote:
Hey everyone. I have a question about CLI's with Amex. I was able to get my 3X CLI on my BCP today after 62 days of having the card. I then apped for an Everyday card and was approved instantly. My question is I want to plan my next move in managing both cards and there limits. After getting the 3X increase on my BCP today am I now 180 days away from any increases on both cards? Thanks!

Correct. You need to wait 180 days for another CLI, on either account.

Re: Multiple Amex card CLI Question?

jawbrkr — Sun, 05 Jun 2016 13:10:46 GMT

What you can do in 180 is get a CLI on one card and move limits around to bring them closer together in CL. Thats what I did with my cards. My ED got cli to 20k and i moved 8K of that to the BCE to get that to 10K.

Re: Multiple Amex card CLI Question?

Anonymous — Sun, 05 Jun 2016 13:14:59 GMT

Great info! Thanks all for the help!

Re: Multiple Amex card CLI Question?

Anonymous — Sun, 05 Jun 2016 13:33:47 GMT

@jawbrkr wrote:
What you can do in 180 is get a CLI on one card and move limits around to bring them closer together in CL. Thats what I did with my cards. My ED got cli to 20k and i moved 8K of that to the BCE to get that to 10K.

How old were the cards? I thought one had to have 13 statements cut and the donor card had to be 60 days old.

Re: Multiple Amex card CLI Question?

jawbrkr — Sun, 05 Jun 2016 13:41:06 GMT

@Anonymous wrote:
@jawbrkr wrote:
What you can do in 180 is get a CLI on one card and move limits around to bring them closer together in CL. Thats what I did with my cards. My ED got cli to 20k and i moved 8K of that to the BCE to get that to 10K.
How old were the cards? I thought one had to have 13 statements cut and the donor card had to be 60 days old.

That is correct. The donor card has to be at least 13 months old. For me the receiving card was only at 6 months while the donor was at 13 or 14 months. Hopefully in the next 180 days he or she will be at 13 months or close enough. Wont be long.

Re: Multiple Amex card CLI Question?

Anonymous — Sun, 05 Jun 2016 14:23:24 GMT

@jawbrkr wrote:
@Anonymous wrote:
@jawbrkr wrote:
What you can do in 180 is get a CLI on one card and move limits around to bring them closer together in CL. Thats what I did with my cards. My ED got cli to 20k and i moved 8K of that to the BCE to get that to 10K.
How old were the cards? I thought one had to have 13 statements cut and the donor card had to be 60 days old.
That is correct. The donor card has to be at least 13 months old. For me the receiving card was only at 6 months while the donor was at 13 or 14 months. Hopefully in the next 180 days he or she will be at 13 months or close enough. Wont be long.

Right on the donor being 13 months/statements. It doesn't matter for the OP, but for the sake of completeness, sometimes people are told the receiving card has to be 60 days old and sometimes not. It must be a corporate policy rather than CARD act thing. I tripled my old TE and moved a bunch to my EDP right after I opened it (with a tiny limit to start)...but it took a few tries.

Re: Multiple Amex card CLI Question?

RonM21 — Sun, 05 Jun 2016 17:48:28 GMT

I'm apping.with Amex soon. This is good to know.