topic When does the 61 days start? in Credit Cards

When does the 61 days start?

improvingmycredit — Tue, 06 Mar 2012 04:27:14 GMT

I was approved for the Amex BCP on Jan 3rd. When am I eligible to go for the CLI? Date of approval or date of activation? Thanks!

Re: When does the 61 days start?

stone — Tue, 06 Mar 2012 06:55:15 GMT

I think it is since activation date.

Re: When does the 61 days start?

bichonmom — Tue, 06 Mar 2012 07:01:58 GMT

Most people have said it's from the date of activation. It's not 100%, but better safe than sorry, since there's a 90-day wait to try again.

Re: When does the 61 days start?

improvingmycredit — Tue, 06 Mar 2012 07:06:55 GMT

Thanks! I've read so many post on this subject and they don't all concur. I think you are right.... better safe then sorry. I'll wait another 8 days.

Re: When does the 61 days start?

Anonymous — Tue, 06 Mar 2012 11:32:01 GMT

Let us know how it goes, I'll be in the same position in about 70 days.

Re: When does the 61 days start?

Anonymous — Thu, 29 Mar 2012 14:41:50 GMT

Just wanted to add my experience to the hive mind:

Approval Date: 01/28

Activation Date: 02/03

3x CLI: 03/29 (61 days after Approval Date)

My second statement closed 03/27, PIF on 03/28, and payment posted to acct today. So the CLI was approved with no outstanding balances.

Unrelated Gripe: 2 statements paid-in-full so far and my BCE rewards from month 1 still haven't posted yet. W.T.F. AmEx! Not sure if this is normal or not...?

Re: When does the 61 days start?

Anonymous — Thu, 29 Mar 2012 15:29:28 GMT

AMEX is notoriously slow about posting your rewards. It usually happens after 2-3 statements. Why? Because they can.

Re: When does the 61 days start?

h4ldol — Thu, 29 Mar 2012 15:32:48 GMT

The CLI luv button doesn't show up on my online AMEX account (under 'manage credit limit'), which is less than a month old, but it does show up for my wife's account (even though she successfully used it for a 3X CLI a couple weeks ago). I assume that the button will 'magically' appear when the account has aged enough to request a CLI... hopefully at 61 days from approval (which was two weeks before activation).

Re: When does the 61 days start?

OnTheRebound — Thu, 29 Mar 2012 16:09:20 GMT

I asked 62 days after activation, just to be on the safe side and since I was in no hurry.

Re: When does the 61 days start?

LS2982 — Thu, 29 Mar 2012 19:11:58 GMT

@improvingmycredit wrote:
I was approved for the Amex BCP on Jan 3rd. When am I eligible to go for the CLI? Date of approval or date of activation? Thanks!

I would say activation to be on the safe side.

Re: When does the 61 days start?

Anonymous — Fri, 30 Mar 2012 12:11:21 GMT

I called Amex because I'm waiting to ask for an increase on my BCP. The csr said it is 61 days from the date your account was opened. I applied on Jan 31. I was instantly approved, but he said the acct wasn't opened until Feb 2nd. I didn't get an activate my card until Feb 11 th. So I should be good after April 3rd. It's up to you, no rush really, but I just wanted to share what I was told from the horses mouth.

Re: When does the 61 days start?

Anonymous — Fri, 30 Mar 2012 14:56:12 GMT

@Anonymous wrote:
I called Amex because I'm waiting to ask for an increase on my BCP. The csr said it is 61 days from the date your account was opened. I applied on Jan 31. I was instantly approved, but he said the acct wasn't opened until Feb 2nd. I didn't get an activate my card until Feb 11 th. So I should be good after April 3rd. It's up to you, no rush really, but I just wanted to share what I was told from the horses mouth.

I should call then, I'm pretty sure I was approved on March 2nd, but I wonder when the account was officially opened. Could have even been the 5th or so.