topic Approved for a AMEX blue in Credit Cards

Approved for a AMEX blue

Anonymous — Thu, 15 Jan 2009 17:33:28 GMT

I just got approved online for a Amex Blue cc...Credit Line is for $2000......Should get the card in about 10 days... I really want to get a CLI for that hopefully 2000 more.....How would I go about getting them to increase it...Do I wait until I get the card, activate it first then ask? Or do I ask before I activate it?????? And would they have to pull me credit report again to do that?????....

Re: Approved for a AMEX blue

Anonymous — Thu, 15 Jan 2009 17:38:43 GMT

Congrats on the Blue. It's a great card. Just my 2 cents, but I would wait a bit before asking Amex to do a CLI. Use the card a bit, and build some history with them. The way they have been behaving lately, I'd worry your request would trigger an Adverse action.

Congrats Again!

Re: Approved for a AMEX blue

Scamp — Thu, 15 Jan 2009 17:41:28 GMT

shay2009 wrote:
I just got approved online for a Amex Blue cc...Credit Line is for $2000......Should get the card in about 10 days... I really want to get a CLI for that hopefully 2000 more.....How would I go about getting them to increase it...Do I wait until I get the card, activate it first then ask? Or do I ask before I activate it?????? And would they have to pull me credit report again to do that?????....

Congrats on your new card!

With AmEx as randomly destructive to their customers' accounts as they are these days, my most honest and heartfelt advice would be to avoid asking for a CLI at all, at this point, and not for at least six months (and maybe not even then).

In your shoes, I'd handle that Blue with kid gloves and held breath, faithfully PIFing every month, until the economy and AmEx both settle down. Requests for CLI's have been known to result in CLD's, right now.

However, that said, if you're dead-set on trying, I believe you're best off keeping at $2K for 60 days, then calling in to see if you rate a CLI at that point - that used to be how new account CLI's went; not sure they're still doing it that way, though. I don't THINK they normally do CLI's at activation, but it's been long enough since I got my Blue that I may be mis-remembering.

Handle with care, good luck, and congrats again!

Re: Approved for a AMEX blue

fishbjc — Thu, 15 Jan 2009 17:47:02 GMT

Congratulations!

Re: Approved for a AMEX blue

Anonymous — Thu, 15 Jan 2009 17:59:56 GMT

That's awesome. Can I ask what your scores are??

Re: Approved for a AMEX blue

score_building — Sun, 18 Jan 2009 01:50:36 GMT

first of all congrats!! Blue can be a great card depending also on your willingness and ability to play by amex rules, which can be tricky these days.

sorry to be a wet blanket but as far as a cli, slow down turbo with amex, you really wanna just chill, at least for the first year. work with what they gave you. an exception may be if you have v. high income and spotless clean report 760+ in any case, i'd use the card regularly and pif and hope they don't switch gears because you have the wrong mortgage lender or address or frequent the wrong stores or aren't using enough of your cl or are using too much or paying too slow. recent reports from some fico high achiever pif card holders indicate AA as well.

for some of us, our amex memberships in recent months have been defined somewhat by our efforts to avoid becoming another amex AA target. this is not the time to be clamoring for a cli at activation with amex, not by a long shot. you've got to develop a proven track record over time to begin to explore their willingness to extend you more than they've already offered imo. congrats once again and GL!!!

Message Edited by score_building on 01-17-2009 05:50 PM

Re: Approved for a AMEX blue

Anonymous — Thu, 15 Jan 2009 18:05:32 GMT

Well my Eq score is 646 and thats with 1 collection...I only know my Ex faco score is 733 thats without any collection..And My TU has 2 collctions, so I know that didnt pull that one..I was hoping they pulled Ex because I know even though I havent gotten my fico score for that one just yet, it is my best score because it has no collections with everything else on it great...

I was hoping for a higher Credit line....But still havent decided what I should do about that just yet

Re: Approved for a AMEX blue

MidnightVoice — Thu, 15 Jan 2009 18:16:28 GMT

Right now I would very stongly advise NOT asking for a CLI on your Blue. I think they now need 6 months before they will give one (I may be wrong), but I would suggest 13 months of frequent use and perfect payment should get you to the right place.

Re: Approved for a AMEX blue

oracles — Thu, 15 Jan 2009 21:33:39 GMT

i agree with MV, do not ask for a cli. With the scores you have, i am a bit surprised they gave it to you. Dont rock the boat. They might FR you and then take the card away.

Be good to it and hopefully it will be good to you in 2012 (the way amex is right now, it will be in the year 2012 before they are nice again lol)

Re: Approved for a AMEX blue

smallfry — Thu, 15 Jan 2009 21:51:59 GMT

Congrats. I am fairly sure they pulled your EX. I would not ask for a CLI. You could be in trouble once they decide to soft your other dirty reports. Good luck.

Re: Approved for a AMEX blue

tralyn05 — Thu, 15 Jan 2009 22:51:16 GMT

Question. I have been getting a lot of emails from AMEX lately, do u thing this is a preaproval or the normal advertising shenanigans? I've never recieved them before and who did u think they pull in Tennesse

Re: Approved for a AMEX blue

Creditaddict — Thu, 15 Jan 2009 23:17:41 GMT

EX always

Re: Approved for a AMEX blue

tralyn05 — Thu, 15 Jan 2009 23:56:52 GMT

Thanks CA

I wwill not apply for this one ....wonk wonk EXP is my lowest 635

Re: Approved for a AMEX blue

Anonymous — Thu, 15 Jan 2009 23:59:50 GMT

@smallfry wrote:
Congrats. I am fairly sure they pulled your EX. I would not ask for a CLI. You could be in trouble once they decide to soft your other dirty reports. Good luck.

I dont think I want to ask for a CLI anymore but,,,,when I do your telling me they will pull all 3 anyway!!!

Re: Approved for a AMEX blue

Creditaddict — Fri, 16 Jan 2009 00:04:34 GMT

it's been reported SOMETIMES amex pulls other reports, in my experience it's always been EX.

so you just have to hope they only use EX for you constantly, but it's not the CLI I would worry about, it's the monthly reviews, the review guidelines for accounts seems to be different than the approval guidelines.

Re: Approved for a AMEX blue

smallfry — Fri, 16 Jan 2009 03:02:13 GMT

@Anonymous wrote:
@smallfry wrote:
Congrats. I am fairly sure they pulled your EX. I would not ask for a CLI. You could be in trouble once they decide to soft your other dirty reports. Good luck.
I dont think I want to ask for a CLI anymore but,,,,when I do your telling me they will pull all 3 anyway!!!

No. What I am telling you is that AmEx approved you for a card based on a clean EX. IF they soft your other reports and find something they don't like who knows what they might do.

Re: Approved for a AMEX blue

MidnightVoice — Fri, 16 Jan 2009 03:15:35 GMT

Don't give them ANY excuse to look more closely at your credit!!

Re: Approved for a AMEX blue

UpNUp — Sat, 17 Jan 2009 03:26:51 GMT

I applied the first week in January. Instantly denied.

The last nine years after my BK I have had perfect credit. No lates. No baddies with the exception of BK which is due to fall off in December, 2009 and ALWAYS PIF.

They pulled all three reports.

Go figure.

Message Edited by UpNUp on 01-16-2009 07:26 PM

Re: Approved for a AMEX blue

Anonymous — Fri, 16 Jan 2009 03:56:30 GMT

@tralyn05 wrote:
Question. I have been getting a lot of emails from AMEX lately, do u thing this is a preaproval or the normal advertising shenanigans? I've never recieved them before and who did u think they pull in Tennesse

I would think it's normal advertising. Is your second ad titled "Reminder: Find the Right Card for You"? Then you get the same stuff I get.

Re: Approved for a AMEX blue

oracles — Fri, 16 Jan 2009 04:03:19 GMT

@tralyn05 wrote:
Question. I have been getting a lot of emails from AMEX lately, do u thing this is a preaproval or the normal advertising shenanigans? I've never recieved them before and who did u think they pull in Tennesse

Remember, this is only pre-approval, which means absolutely nothing. It is just regularadvertising mail. Pre-approval does not mean instant approval. Be aware