topic Re: Amex Luv Button showing again... in Credit Cards

Amex Luv Button showing again...

joestay — Sat, 02 Apr 2011 03:48:22 GMT

So, it's been a couple of month since the luv button disappear. Now it is back. I still have 14 days to go until I hit that 6 month mark again. Should I wait or should I request the CLI. Should I double it to $10k limit?

Re: Amex Luv Button showing again...

Anonymous — Sat, 02 Apr 2011 04:00:06 GMT

where do I see the luv button? I have this Costco card for over 2 years now and i don't remember seeing any Luv button.

I am pretty sure my credit score has imporoved since I got the card so I guess i should be seeing the button somewhere.

Re: Amex Luv Button showing again...

joestay — Sat, 02 Apr 2011 06:02:45 GMT

If you go to the activity section, it's at the bottom by the inquiry button

Re: Amex Luv Button showing again...

smallfry — Sat, 02 Apr 2011 12:32:45 GMT

I had my card for 4 months and asked for a 50% increase from 10-15. The button was still visible after that but for the past 2 months it does not appear. If i was you I would go for an increase if you are using the card a lot and if your income supports a higher limit. Don't be shy.

Re: Amex Luv Button showing again...

DI — Sat, 02 Apr 2011 12:40:07 GMT

Mines showed up again too. But here's what I've learned. For me, the luv button appears two weeks in advance before I'm eligible for a CLI. Not able to control myself, I hit the button anyway and get denied. But, after two-weeks when my statement generates, magically I get approve for a CLI when I try it again. I'll see if it works like that this time. My statement generates on 4/10.

Re: Amex Luv Button showing again...

smallfry — Sat, 02 Apr 2011 13:21:09 GMT

@DI wrote:
Mines showed up again too. But here's what I've learned. For me, the luv button appears two weeks in advance before I'm eligible for a CLI. Not able to control myself, I hit the button anyway and get denied. But, after two-weeks when my statement generates, magically I get approve for a CLI when I try it again. I'll see if it works like that this time. My statement generates on 4/10.

So they have never counter offered when they declined? Normally what % increase on your credit limit do you ask for when you hit the luv button?

Re: Amex Luv Button showing again...

Anonymous — Sat, 02 Apr 2011 13:56:17 GMT

Thanks guys,

I see the Luv button, I have been so ignorant about it. I thought someday I will get a auto CLI.

So before I proceed with the button, will it be a hard or soft inquiry?

[edit]

My appologies for asking OT question there.

I got approved for 12k from 6.1k

Re: Amex Luv Button showing again...

smallfry — Sat, 02 Apr 2011 15:12:31 GMT

Soft actually not an inq at all so far as I can remember but they do peek at your report all the time anyway. At any rate not a hard.

Re: Amex Luv Button showing again...

DI — Sat, 02 Apr 2011 16:22:54 GMT

@smallfry wrote:

@DI wrote:
Mines showed up again too. But here's what I've learned. For me, the luv button appears two weeks in advance before I'm eligible for a CLI. Not able to control myself, I hit the button anyway and get denied. But, after two-weeks when my statement generates, magically I get approve for a CLI when I try it again. I'll see if it works like that this time. My statement generates on 4/10.
So they have never counter offered when they declined? Normally what % increase on your credit limit do you ask for when you hit the luv button?

It always been approve or decline for me. I don't think I ask for a high enough amount to get a counter offer if they were going to approve me.

Re: Amex Luv Button showing again...

joestay — Sat, 02 Apr 2011 16:56:03 GMT

@DI wrote:
Mines showed up again too. But here's what I've learned. For me, the luv button appears two weeks in advance before I'm eligible for a CLI. Not able to control myself, I hit the button anyway and get denied. But, after two-weeks when my statement generates, magically I get approve for a CLI when I try it again. I'll see if it works like that this time. My statement generates on 4/10.

I think that is what happening to me too. In 2 weeks, it will be 6 months for me.

Re: Amex Luv Button showing again...

Scuba — Sun, 03 Apr 2011 02:41:23 GMT

So you can get an AMEX CLI every 6 months?

Re: Amex Luv Button showing again...

joestay — Sun, 03 Apr 2011 03:08:51 GMT

@Scuba wrote:
So you can get an AMEX CLI every 6 months?

Yes. I'm wondering if we can get it at 5 months and 2 weeks?

Re: Amex Luv Button showing again...

halos24 — Sun, 03 Apr 2011 05:11:49 GMT

Just want to confirm where I should be looking for the LUV button? If I go to recent activity do I scroll all the way to the bottom where you can dispute/inquire about account activity? I have been breaking my head looking for it when I log in (I know it is not there), but want to make sure I know where to look?

Re: Amex Luv Button showing again...

kbell — Sun, 03 Apr 2011 13:29:58 GMT

20.5K --> 25K

Another place to look for the button is from the account summary page on the right side, click on 'profiles & account management', then 'account management', then look under the 'credit management' header and the link for 'increase your line of credit' should be there.

Re: Amex Luv Button showing again...

halos24 — Sun, 03 Apr 2011 14:15:48 GMT

Thanks Kbell, I found exactly where now and of course no button. I will see hoping when the account hits 6 months. Thanks!

Re: Amex Luv Button showing again...

joestay — Sat, 09 Apr 2011 04:19:03 GMT

6 more days left until the 6 month since I last asked for a cli. I'm so tempted to click on the luv button!!!

Re: Amex Luv Button showing again...

Anonymous — Sat, 09 Apr 2011 16:21:20 GMT

6 months since you last asked? Or 6 months since your last CLI was granted? The former doesn't matter.

Re: Amex Luv Button showing again...

DI — Sat, 09 Apr 2011 16:28:12 GMT

@joestay wrote:
6 more days left until the 6 month since I last asked for a cli. I'm so tempted to click on the luv button!!!

There has been two occassions when I hit the CLI button upon first appearing and got declined. Soon after my statement generated two weeks later, I hit the button again and got approved. This is what I'm thinking may happen again soon.

Re: Amex Luv Button showing again...

JagerBombs89 — Sat, 09 Apr 2011 16:43:07 GMT

You can request a CLI anytime with the automated system. However, the automated system only lets you request once every 60 days. I am not sure if they will approve that often but... YMMV.

Re: Amex Luv Button showing again...

joestay — Sat, 09 Apr 2011 18:40:16 GMT

@Anonymous wrote:
6 months since you last asked? Or 6 months since your last CLI was granted? The former doesn't matter.

6 months since my last CLI was granted.