topic Re: American Express cli in Credit Cards

American Express cli

Anonymous — Thu, 18 Aug 2016 18:53:53 GMT

Im trying to decide when to apply for a cli. I first received the clear everyday card, (it's been over 7 months ago), 4 months ago I got the blue everyday card. I know you can only request an increase on one card every 6 months, my question is, do I have to wait 6 months from getting the second card or should I be able to safely request an increase on the clear card now since it's over 6 months?

Re: American Express cli

takeshi74 — Thu, 18 Aug 2016 18:55:15 GMT

Read the 3x CLI Guide.

Re: American Express cli

Viva-LV — Thu, 18 Aug 2016 19:11:59 GMT

Just remember: if you have multiple cards with Am Ex, you can only app for a cli on one at a time, six months after your last cli. I forgot about that, so I'm riding the pine for awhile!

Re: American Express cli

Anonymous — Thu, 18 Aug 2016 19:20:34 GMT

Yes, you can request a CLI on the Everyday card. You could have done so 5 months ago.

Re: American Express cli

Anonymous — Thu, 18 Aug 2016 19:38:37 GMT

@Anonymous wrote:
Yes, you can request a CLI on the Everyday card. You could have done so 5 months ago.

I did get one on the first card at activation. The card would have been due for inc again last month. I got the second card 3 months after my activation increase. i did not ask for an inc on activation with the second card. Do I need to wait 6 months from the newest card or would the inc go from the activation increase on the first card?

Re: American Express cli

Anonymous — Thu, 18 Aug 2016 19:40:18 GMT

@Viva-LV wrote:
Just remember: if you have multiple cards with Am Ex, you can only app for a cli on one at a time, six months after your last cli. I forgot about that, so I'm riding the pine for awhile!

In a nut shell, do they consider the credit limit with the new card as an increase? Or is it just another card that doesn't effect the timeline?

Re: American Express cli

CreditCuriosity — Thu, 18 Aug 2016 19:54:54 GMT

@Anonymous wrote:
@Anonymous wrote:
Yes, you can request a CLI on the Everyday card. You could have done so 5 months ago.
I did get one on the first card at activation. The card would have been due for inc again last month. I got the second card 3 months after my activation increase. i did not ask for an inc on activation with the second card. Do I need to wait 6 months from the newest card or would the inc go from the activation increase on the first card?

All accounts count as one with Amex w/regards to CLI's.. So you can ask again on whatever card you deem you want it on. Meaning if you get approved you must wait 6 months to request again on any Amex you have, if you get declined you must wait the shorter time period for all cards before requesting a CLI on any of them.

Re: American Express cli

its_mona — Tue, 13 Sep 2016 15:15:30 GMT

Question...I've recently been approved for the amex delta at $5k and the amex ed at $1k...when I go for thr 3x cli would it be better to do the delta since it has the highest limit?

Re: American Express cli

Anonymous — Tue, 13 Sep 2016 22:12:09 GMT

Does that CLI rule apply to other cards in your profile? Or only Amex -> Amex or Chase -> Chase ?

I ask because I just reveived a CLI on my Amazon rewards card that I have had for 6 mo(which i got 500->5500), and the next day I asked for CLI on my CapOne platinum card which I had for about 9 months, and it was denied. $500 CL, she said it had been too soon since my last CLI, which I am hoping was like 170 days ago on this same CapOne card. I didnt plan out my time to apply for a CLI. So now that it was been 181 days from my Last CapOne CLI, can I call for a Recon ? Since this was only about 1.5 weeks ago that I tried for the CLI and was denied ?

Because I already received a CLI on Amazon, I cannot get one for 181 days for my CapOne ?

I hope that is not the case because I just got a Amex BCE and want to get that 3xCLI in like 55 more days.

Re: American Express cli

iheartwings — Tue, 13 Sep 2016 22:50:07 GMT

@its_mona wrote:
Question...I've recently been approved for the amex delta at $5k and the amex ed at $1k...when I go for thr 3x cli would it be better to do the delta since it has the highest limit?

You can think about this in one of two ways.

If you use the Delta quite a bit, then requesting 3xCLI on day 61 works for you. (One might say that then you could move some of line over to your ED, but your card has to have been established for some time, something like 13 months before that happens.)

But, if the ED is your daily driver, and you find that paying it off multiple times a month isn't your thing, then it might be reasonable to ask for the 3xCLI to give yourself some room.

It really depends on what you're looking to do with your profile (or whether you favor larger lines that may not be so useful versus convenience).

Re: American Express cli

iheartwings — Tue, 13 Sep 2016 22:52:33 GMT

@Anonymous wrote:
Does that CLI rule apply to other cards in your profile? Or only Amex -> Amex or Chase -> Chase ?
I ask because I just reveived a CLI on my Amazon rewards card that I have had for 6 mo(which i got 500->5500), and the next day I asked for CLI on my CapOne platinum card which I had for about 9 months, and it was denied. $500 CL, she said it had been too soon since my last CLI, which I am hoping was like 170 days ago on this same CapOne card. I didnt plan out my time to apply for a CLI. So now that it was been 181 days from my Last CapOne CLI, can I call for a Recon ? Since this was only about 1.5 weeks ago that I tried for the CLI and was denied ?

OR

Because I already received a CLI on Amazon, I cannot get one for 181 days for my CapOne ?
I hope that is not the case because I just got a Amex BCE and want to get that 3xCLI in like 55 more days.

The American Express CLI rule only applies to American Express.

CapOne no longer reconsiders CLIs via the EO (or over the phone) according to several recent posts. It's all computer generated - and the computer apparently didn't like something in your record. (You should look at the reason in the letter they send you.)

Re: American Express cli

myjourney — Tue, 13 Sep 2016 22:56:34 GMT

@iheartwings wrote:
@its_mona wrote:
Question...I've recently been approved for the amex delta at $5k and the amex ed at $1k...when I go for thr 3x cli would it be better to do the delta since it has the highest limit?
You can think about this in one of two ways.

If you use the Delta quite a bit, then requesting 3xCLI on day 61 works for you. (One might say that then you could move some of line over to your ED, but your card has to have been established for some time, something like 13 months before that happens.)

But, if the ED is your daily driver, and you find that paying it off multiple times a month isn't your thing, then it might be reasonable to ask for the 3xCLI to give yourself some room.

It really depends on what you're looking to do with your profile (or whether you favor larger lines that may not be so useful versus convenience).

Good answer ^^^^^^^^^^^^

Depends where you need the purchasing power based on which card you will use the most

Re: American Express cli

Anonymous — Wed, 14 Sep 2016 00:09:50 GMT

@iheartwings wrote:
@Anonymous wrote:
Does that CLI rule apply to other cards in your profile? Or only Amex -> Amex or Chase -> Chase ?
I ask because I just reveived a CLI on my Amazon rewards card that I have had for 6 mo(which i got 500->5500), and the next day I asked for CLI on my CapOne platinum card which I had for about 9 months, and it was denied. $500 CL, she said it had been too soon since my last CLI, which I am hoping was like 170 days ago on this same CapOne card. I didnt plan out my time to apply for a CLI. So now that it was been 181 days from my Last CapOne CLI, can I call for a Recon ? Since this was only about 1.5 weeks ago that I tried for the CLI and was denied ?

OR

Because I already received a CLI on Amazon, I cannot get one for 181 days for my CapOne ?
I hope that is not the case because I just got a Amex BCE and want to get that 3xCLI in like 55 more days.
The American Express CLI rule only applies to American Express.

CapOne no longer reconsiders CLIs via the EO (or over the phone) according to several recent posts. It's all computer generated - and the computer apparently didn't like something in your record. (You should look at the reason in the letter they send you.)

The denial is becuase I recieved a CLI 170 days ago or so.. I didnt wait the full 181 days. " There has recently been a change to the credit line on this account. "

Re: American Express cli

Anonymous — Wed, 14 Sep 2016 00:11:29 GMT

But if you cant call for a recon with CapOne I guess it doesnt matter, even if it was a denial, such as this.

Re: American Express cli

its_mona — Wed, 14 Sep 2016 00:52:58 GMT

Haven't used either as of yet. I really got the Delta for the miles and it turned out to be my largest limit I had kinda hoped for the same on the ED but no dice. My thought process was kinda that if I requested the increase for the largest one then it would likely position me better and I would just use that one and not have to worry about utilization including if/when I traveled. If i did the increase on the ED I would likely wind up paying both monthly since it likely wouldn't take much to go over that 30%. I guess I could strictly use the Delta when I'm traveling though. I have a few months to think about it, just wanted to get some feedback. Thanks for the replies!