topic Re: Eligible for Amex 3X today - I think in Credit Cards

Eligible for Amex 3X today - I think

Anonymous — Tue, 29 Jan 2019 17:52:29 GMT

Quick questions my MF'ers. I know there is a ton of info on this all over the place and I've read through most of it. Can I use the date at the top right of the Card Member Agreement as the official open date and add 61 days to calculate my eligibility date? Also any other tips before I move forward? I believe I can hit the back button if I want to avoid financial review or income verification?

Thanks in advance - hope everyone is having a fantastic day!

Re: Eligible for Amex 3X today - I think

xaximus — Tue, 29 Jan 2019 18:17:58 GMT

I would use the chat button to find out the exact date the account was opened to be more precise. Also, you can hit the back button and keep dropping the requested CL down $500 a time to see which gets approved.

Re: Eligible for Amex 3X today - I think

Anonymous — Tue, 29 Jan 2019 18:32:20 GMT

Thank you for the reply. So according to Amex chat Nov 25th was open date. So it’s go time! 😊

Re: Eligible for Amex 3X today - I think

HeavenOhio — Tue, 29 Jan 2019 18:35:06 GMT

I'd just ask to confirm the opening date. Or check your paperwork.

CLI requests don't cause financial reviews. They're caused by questionable spending.

I don't know what limit you're going to ask for, but income verification isn't likely to be requested unless you're asking for 35k or more. At 35k or more, an income verification request becomes very likely. Yes, you can hit the back button and try again. Any POI (proof of income) forms that come via US mail can be ignored.

Re: Eligible for Amex 3X today - I think

DU556 — Tue, 29 Jan 2019 19:10:55 GMT

Reading this got me thinking to go back and read that definitive 3X thread since i just got Amex prime card.

I need to read if this applies to business cards as well.

Re: Eligible for Amex 3X today - I think

Anonymous — Tue, 29 Jan 2019 19:15:14 GMT

I'm planning on going for the full 3X which would be $45k. Heaven, I've read where you have mentioned this multiple times regarding over $35k rule. But I've also read of people getting $45k no problemo. So I'm thinking I might start at $45k and work my way back if there is any pop up I can back button. I would assume get the POI as some sort of pop up? LOL

Re: Eligible for Amex 3X today - I think

xaximus — Tue, 29 Jan 2019 19:18:43 GMT

@HeavenOhio wrote:
I'd just ask to confirm the opening date. Or check your paperwork.

CLI requests don't cause financial reviews. They're caused by questionable spending.

I don't know what limit you're going to ask for, but income verification isn't likely to be requested unless you're asking for 35k or more. At 35k or more, an income verification request becomes very likely. Yes, you can hit the back button and try again. Any POI (proof of income) forms that come via US mail can be ignored.

Definitely agree but also would like to add - POI/IV can happen to anyone depending on what their income is as well. Example - a lender might flag an account when a user is requesting a CLI based on their income. Someone with an income of (let's say) 30k has a 10K CL already, and is requesting 3x CLI. That might be flagged.

Re: Eligible for Amex 3X today - I think

Anonymous — Tue, 29 Jan 2019 19:26:01 GMT

Given the recent Amex threads on the forum, it may be prudent to avoid anything that could appear to them as aggressive credit seeking behavior. Applying for an increase probably won't trigger this, but if you've also recently opened three other cards and have been working on increasing CLIs on other cards, Amex may see that as a flag. (not that anyone has, just using that as an example)

Personally, I think I would wait a month or two and try then. No real reason for it that I can spell out, just perhaps me being overly cautious.

Re: Eligible for Amex 3X today - I think

Anonymous — Tue, 29 Jan 2019 19:29:07 GMT

You know we did open 3 other cards around the same time and received a CLI on one of our older cards. Maybe I will wait another month or 2 and then go for it. I'm really in no rush. Thanks everyone!

Re: Eligible for Amex 3X today - I think

HeavenOhio — Tue, 29 Jan 2019 19:36:23 GMT

@Anonymous wrote:
I'm planning on going for the full 3X which would be $45k. Heaven, I've read where you have mentioned this multiple times regarding over $35k rule. But I've also read of people getting $45k no problemo. So I'm thinking I might start at $45k and work my way back if there is any pop up I can back button. I would assume get the POI as some sort of pop up? LOL

Yeah, we've seen a few recent increases beyond 35k without IV. I'd still call them exceptions, but there's no harm done in finding out if you can be an exception too.

Re: Eligible for Amex 3X today - I think

Anonymous — Tue, 29 Jan 2019 19:38:14 GMT

Good luck!

Re: Eligible for Amex 3X today - I think

Anonymous — Wed, 30 Jan 2019 00:27:41 GMT

So is it not acceptable to ask for 2 card CLI's?

Re: Eligible for Amex 3X today - I think

Pikaboo-icu — Wed, 30 Jan 2019 00:31:41 GMT

@Anonymous wrote:
So is it not acceptable to ask for 2 card CLI's?

1 CLI across all cards every 180 days..

Not sure about the first cli of 61 days though.. It likely counts.

Re: Eligible for Amex 3X today - I think

FinStar — Wed, 30 Jan 2019 00:33:57 GMT

Are you the primary on both cards or is this a CLI for your card and a separate CLI for the other half?

Re: Eligible for Amex 3X today - I think

K-in-Boston — Wed, 30 Jan 2019 00:54:32 GMT

Thread locked. Approval thread here:

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/Approved-Amex-3X-today/td-p/5484385