topic Re: Amex Blue Cash CLI in Credit Cards

Amex Blue Cash CLI

Anonymous — Thu, 07 Jul 2011 01:36:33 GMT

Hi all, new to the forum. I recently got the Amex blue cash in February with a 5k limit. Since then I have ran 25k in purchases thru this card. I have to make multiple payments throughout the month to keep utilization down,I was pondering asking for a cli. My question is, Is it better to call in and ask or do it from the website? Secondly, typically what' s the rule on cli's? Meaning what's a decent amount I should be request? I was thinking of asking for 15k.Any thoughts?Only other card I have is a Visa from my CU with a $7500 limit, no rewards but great rate 5.0%. Any input or advice will be appreciated. Thanks..

Re: Amex Blue Cash CLI

BluMoon — Thu, 07 Jul 2011 02:19:36 GMT

If I remember correctly, you can only ask for a CLI from Amex every 6 months. I would call, simply because I like talking to the CSR better than applying on-line. It really doesn't make any difference though. The phone call that's really important is the call to the back door number if you get denied or you don't get the increase you want. Then you're actually talking to the person that has authority to make decisons. I would not ask for triple your current limit. At most, I would ask for double - 10K. The most important factor is probably what you don't want to hear - give it time. Prove yourself to the card companies over time. Be patient, and continue to watch your credit utilization rate. Last piece of advice - my own personal philosophy - don't worry about the rates. Pay it off in full every month. You've got a great rewards card in the Blue Cash. Eventually, you can get another rewards card that fits your spending patterns. It's going to take time, but concentrate on the rewards, which as a general rule, are not advantageous if you're paying interest.

Re: Amex Blue Cash CLI

Anonymous — Thu, 07 Jul 2011 02:23:38 GMT

If you're not afraid of an Amex financial review, you have a decent income and good credit, ask for whatever you think you want/need.

I ask for CLIs online with Amex and normally get an instant decision. Amex will counteroffer if you ask for too much.

Re: Amex Blue Cash CLI

Anonymous — Thu, 07 Jul 2011 02:25:05 GMT

@BluMoon wrote:
If I remember correctly, you can only ask for a CLI from Amex every 6 months. I would call, simply because I like talking to the CSR better than applying on-line. It really doesn't make any difference though. The phone call that's really important is the call to the back door number if you get denied or you don't get the increase you want. Then you're actually talking to the person that has authority to make decisons. I would not ask for triple your current limit. At most, I would ask for double - 10K. The most important factor is probably what you don't want to hear - give it time. Prove yourself to the card companies over time. Be patient, and continue to watch your credit utilization rate. Last piece of advice - my own personal philosophy - don't worry about the rates. Pay it off in full every month. You've got a great rewards card in the Blue Cash. Eventually, you can get another rewards card that fits your spending patterns. It's going to take time, but concentrate on the rewards, which as a general rule, are not advantageous if you're paying interest.

That's correct, and the restriction applies to all personal accounts with Amex.

Re: Amex Blue Cash CLI

scottwagnon — Thu, 07 Jul 2011 02:44:30 GMT

you are allowed one cli 2 months after you open. i don't know if there is a certian time frame that you have to make the request; but after you make this initial request, you MUST wait a full 6 months. it sounds that you have stellar credit. most people that open an amex blue cash typically start of with 2k. if you started out with 5k and have already pushed 25k through the card, if i were you i would call right now, and ask to go to 15k.

Re: Amex Blue Cash CLI

tntexans72 — Thu, 07 Jul 2011 04:32:10 GMT

@scottwagnon wrote:
you are allowed one cli 2 months after you open. i don't know if there is a certian time frame that you have to make the request; but after you make this initial request, you MUST wait a full 6 months. it sounds that you have stellar credit. most people that open an amex blue cash typically start of with 2k. if you started out with 5k and have already pushed 25k through the card, if i were you i would call right now, and ask to go to 15k.

+1...you are allow an increase after the 2nd statement cut (61 days from activation the card) than 6 months thereafter. I wouldn't worry asking for $15K. If they don't give you $15K, they will most definitely give you at least $10K. Ask for another increase in 6 months and you'll get to where you want to be in terms of CL. Let us know how you fare with the request. Good luck !!

Re: Amex Blue Cash CLI

BoSox617 — Thu, 07 Jul 2011 10:32:18 GMT

@Anonymous wrote:
Hi all, new to the forum. I recently got the Amex blue cash in February with a 5k limit. Since then I have ran 25k in purchases thru this card. I have to make multiple payments throughout the month to keep utilization down,I was pondering asking for a cli. My question is, Is it better to call in and ask or do it from the website? Secondly, typically what' s the rule on cli's? Meaning what's a decent amount I should be request? I was thinking of asking for 15k.Any thoughts?Only other card I have is a Visa from my CU with a $7500 limit, no rewards but great rate 5.0%. Any input or advice will be appreciated. Thanks..

Hi Chustle925,

I personally like to call for CLIs - I like speaking with someone, asking questions, and finding out tips/helpful info. IME, CSRs will ask why you want the CLI (I'm not sure if the online CLI request form does, I've never requested a CLI online).

I've read that AMEX CLIs are capped at 3X your current limit so $15K would be it.

I have also read that you can request a CLI from AMEX 61 days after activation, then every 6 months after that point.

Best of luck!

Re: Amex Blue Cash CLI

700orbust — Thu, 07 Jul 2011 13:16:40 GMT

I'm in the same boat. My first statement cut 10 days after I received the card, so my first payment was only for 1.3k. I think I've put about 7k through the card in the last month, and will have to push another payment through before the month is over. They started me with 11.5k, and I think I'd like to see 16-20K for a CLI after 60 days. I don't know if they will give it to me or not...I don't remember if there are a lot of people who get 20K CL with Amex. I probably had about a 745 EX FICO and 7% util when I app'd.

Re: Amex Blue Cash CLI

Anonymous — Thu, 07 Jul 2011 16:24:21 GMT

Thanks for all the info and suggestions,I'm about to call them right now and see what they say.

Re: Amex Blue Cash CLI

Anonymous — Thu, 07 Jul 2011 18:33:20 GMT

-- UPDATE-- Just got off the phone with AMEX.I ased the rep if the cli would be hard or soft pull, she said normally soft but sometimes they don't even have to do a pull. So I told her I wanted a cli and she asked how much, I told her I wanted to be at 12k, she typed something into the computer,then said congratulations your limit has been increased to 12k without even pulling your information. I didn't it would be that quick but I was only on the phone with her for about 2 mins.

Re: Amex Blue Cash CLI

fused — Thu, 07 Jul 2011 18:39:52 GMT

@Anonymous wrote:

-- UPDATE-- Just got off the phone with AMEX.I ased the rep if the cli would be hard or soft pull, she said normally soft but sometimes they don't even have to do a pull. So I told her I wanted a cli and she asked how much, I told her I wanted to be at 12k, she typed something into the computer,then said congratulations your limit has been increased to 12k without even pulling your information. I didn't it would be that quick but I was only on the phone with her for about 2 mins.

Congrats! WTG!!!!!

Re: Amex Blue Cash CLI

BoSox617 — Thu, 07 Jul 2011 18:43:34 GMT

That's fantastic, Chustle, congratulations!

Re: Amex Blue Cash CLI

RockinRay — Thu, 07 Jul 2011 18:45:21 GMT

Very nice CLI!

Good job and they are super easy to work with!

Ray