topic Re: Thank you AmEx in Credit Cards

Thank you AmEx

Anonymous — Thu, 22 Dec 2011 16:34:11 GMT

I just called and asked for a CLI on my Blue Cash Preferred from 5K to 12.4K instant approval. (card opened 10/02/11)

Thank you AmEx

Re: Thank you AmEx

Anonymous — Thu, 22 Dec 2011 16:36:35 GMT

Congrats but wow over double increase in less than 3 months I guess you made impression on them in 60 days

Re: Thank you AmEx

Anonymous — Thu, 22 Dec 2011 16:49:24 GMT

Nice increase hopefully they don't fr you now lol

Re: Thank you AmEx

Anonymous — Thu, 22 Dec 2011 16:50:02 GMT

@Anonymous wrote:
Congrats but wow over double increase in less than 3 months I guess you made impression on them in 60 days

Well I have 3 cards with AmEx....

Blue Cash

Blue Cash Preferred

PR Gold

And I've been a member since 1991 at least according to the backdating

It's normal to ask for 3X your current CL at 61 days, I did not want to push it and only asked for 7400.

Thanks for the reply.

Re: Thank you AmEx

Anonymous — Thu, 22 Dec 2011 17:17:24 GMT

JW....why the random number, $7400?

Re: Thank you AmEx

wmarat — Thu, 22 Dec 2011 17:53:47 GMT

I had cli's in november and no fr yet.

Re: Thank you AmEx

Anonymous — Thu, 22 Dec 2011 17:56:18 GMT

@Anonymous wrote:
JW....why the random number, $7400?

I was waiting to see how long it would take someone to ask this question

There was no reason, I just liked the sounds of 7400, it felt like a lucky number to me, maybe could have asked for the full 3X my current CL and went with 15K and got approved, who knows.(why push it?)

I really did not need the CLI, but they are nice when they cost you nothing (no hard pull).

@ Nightfallx, I really have no worries about FR, I use my cards, BCP and the PR Gold the most, pretty heavily, have never once carried a balance on any of my AmEx cards,(meaning I never use the cards till after the closing dates and have always PIF before the closing dates on each card the following month, technically one full billing cycle early, I have never seen a "Payment Due" in my online account.) I was forthright on my app and CLI requests regarding income, and I think my spending/payment habits with AmEx is proof enough for them, but if they want to FR me, here I am, want proof? I have it!!

Re: Thank you AmEx

chnceit — Thu, 22 Dec 2011 17:56:32 GMT

Congrats Mustang! Thats a really nice increase. Hopefully that happens to me to when the time comes

Re: Thank you AmEx

pizzadude — Thu, 22 Dec 2011 18:08:30 GMT

Congrats on the CLI ! That's great ! Do you plan on keeping both BCE and BCP cards open ??

Re: Thank you AmEx

Anonymous — Thu, 22 Dec 2011 18:37:36 GMT

@pizzadude wrote:

Congrats on the CLI ! That's great ! Do you plan on keeping both BCE and BCP cards open ??

Actually my other Blue is just the Blue Cash, not the BCE.

@But to answer your question, no I do not, in a few months (already have this planned out) I will close the Blue Cash @ the 13 month mark and reallocate the 7500CL on that card over to the BCP, and close the BC.(already spoke to an AmEx reallocation specialist and confirmed this can be done)

I'll just keep my PR Gold and the BCP.

Re: Thank you AmEx

pizzadude — Thu, 22 Dec 2011 19:46:42 GMT

Cool !! That's great that you can re~allocate CL like that !

Re: Thank you AmEx

Anonymous — Thu, 22 Dec 2011 20:08:51 GMT

@pizzadude wrote:

Cool !! That's great that you can re~allocate CL like that !

Yeah, it will be pretty cool to have a 19,900 CL too

Just last December this time I had 4 CC's with a combined total revolving CL of 2150, now my PayPal Smart Connect has that alone

Feels good to have come back from horrible credit and only having 2150 revolving credit to now having over 55K+ revolving credit, and what's even better, is even with that much more revolving credit, I still owe $0, I have learned good credit behavior, and most of what I've learned came from the knowledge that the members of myFICO have taught me.

Thanks my Friends!

Re: Thank you AmEx

pizzadude — Thu, 22 Dec 2011 20:55:40 GMT

----> Feels good to have come back from horrible credit and only having 2150 revolving credit to now having over 55K+ revolving credit, and what's even better, is even with that much more revolving credit, I still owe $0, I have learned good credit behavior, and most of what I've learned came from the knowledge that the members of myFICO have taught me

Wow !! That is a great success story !! And I agree wholeheartedly +1 to this forum, the advice, knowledge, and help here is amazing !!

Re: Thank you AmEx

tntexans72 — Thu, 22 Dec 2011 21:04:03 GMT

Congratulations to your success and being able to have great self descipline when it comes to your credit.

I too are currently striving to improve, that's why I am always on myfico for the education needed

Being able to allocate available CL from BCE to BCP is one of the many reasons why I love Amex.

PR Gold & BCP are great cards. Do you have a backup Visa or MC ??

Re: Thank you AmEx

Anonymous — Thu, 22 Dec 2011 21:24:21 GMT

@tntexans72 wrote:
Congratulations to your success and being able to have great self descipline when it comes to your credit.
I too are currently striving to improve, that's why I am always on myfico for the education needed
Being able to allocate available CL from BCE to BCP is one of the many reasons why I love Amex.
PR Gold & BCP are great cards. Do you have a backup Visa or MC ??

Yes I do, I have 14 CC's 4 of which I no longer use and will be closing before AF hits next year.

I also use my BankAmericard 123 Cash Rewards World MasterCard (10K CL) pretty heavily as well.

I have Discover, Barclays Visa, and several other cards, but I use AmEx and BoA the most, I just use my other cards in rotation (you know, to show activity).

Thank you all for the kind words, they are very much appreciated.

Re: Thank you AmEx

Anonymous — Fri, 23 Dec 2011 01:50:51 GMT

@Anonymous wrote:
I just called and asked for a CLI on my Blue Cash Preferred from 5K to 12.4K instant approval. (card opened 10/02/11)

Thank you AmEx

CONGRATULATIONS!!! You've accomplished a great deal and, you are a great example.

Re: Thank you AmEx

score_building — Fri, 23 Dec 2011 02:23:05 GMT

Congrats!

Re: Thank you AmEx

RyVision — Fri, 23 Dec 2011 06:27:33 GMT

Really impressive results for all your work MustangL. Great Holiday present from AMEX with the CLI too (though we know it wasn't a gift, it's due to your efforts).

I think all of us here on MyFico could kinda say "when we grow up we wanna be like you" LOL.

I don't think the FR thing is too concerning, just sounds like a headache and un-needed cost to me (a lack of trust issue too if someone is keeping them paid). I doubt you'd get one. I'd send them the first page of my return, but not any personal info it they pulled it on me (no idea what they can get from the IRS with a release). Wonder what they'd say if they saw I listed around half my gross on my app? With fluctuating income I figure it's best to state the lowest, dunno.

Re: Thank you AmEx

Anonymous — Fri, 23 Dec 2011 16:38:39 GMT

I would like to Thank you all for the super kind words, it's amazes me how far I have come so quickly, but I know with 100% certainty, I would not be where I am today without all of the help and knowledge I've gained from the myFico Members, that is a true statement, I am not making it up.

I had no idea about util, AAoA's...... well, I think it would be easier to say what I knew before joining this Forum, ready for this?

I knew my CC's had a due date, and a closing date (I had no idea what the closing date even meant) before joining this Forum, I also knew to pay on or before the due date and that's about the extent of what I knew.

I will not sit here and claim to know everything about credit and all that comes along with credit, but I know 100% more now than I did almost 11 months ago when I joined myFico.

My FICO scores are high, because of the advice/opinions and the knowledge I've gained from each and every Member who participates on this site, some of you have scores much lower than mine, but the knowledge you have is far greater than mine, and I strive each and every time I log into myFico, to learn from you, and I have, that being said, I owe a very large Thank You to all of you who have taken the time to respond to my posts, and to every other post here.

So to read replies like the ones in this thread regarding me being a **great example** or (quoted) **I think all of us here on MyFico could kinda say "when we grow up we wanna be like you"** means the world to me.

But remember one thing, it is because of each and everyone who participates on this site is the reason I am where I am today (I mean I have had to do work myself to get where I am) but the work I have done is due to what I've learned here.

So Thank You all for your support, I can only try to keep learning and pass along the knowledge I've learned to others, and that's why I am here today and everyday I log in.

I want to Wish each and everyone here a Very Merry Christmas, and a Happy Holiday Season.

Re: Thank you AmEx

RyVision — Fri, 23 Dec 2011 17:14:06 GMT

Mustang;

I would say, considering your FICO scores, you probably know more that just 100% more than you did previously. You've obviously done your research and put serious effort into it. You have a lot to be proud of, those scores are like a 4.0 GPA when it comes to CS's.

For me, MyFico and it's posters have been very informative and educational as well. I knew a bit about credit, a lot of which was very outdated. Used to be we believed (not sure where it came from) that it was best to carry a balance, that closing an account wouldn't matter, few knew about INQ's, utilization etc. Actually, I think back in the 80's, credit was really a mystery to nearly everyone using it. It was pay on time, don't go over, those were the main points lol. It was actually kind of hard to get a copy of your own report many years ago (yeah, I'm that old lol). I'm one of those that made the mistake so long ago of ditching CC's not knowing what a bad idea that was. That's why I preach the advantages of AMEX so much, it's back dating feature was invaluable for my reports.

That's why I try to contribute info and a bit of advice from what I've experienced, researched and found. I hope it helps younger (as well as not so young), less knowledge people understand how it all works. It's why they come here. I feel all of us contributing, like you and so many others do, really give people a lot of perspectives to decide what's best for them. It's sure done so for me lol. Your scores are proof how much this knowledge helps, esp when someone puts in the effort.

I hope you and everyone reading this has a safe and wonderful Holiday and a great New Year