topic Re: AMEX CLI! in Credit Cards

AMEX CLI!

Anonymous — Tue, 01 May 2012 19:13:07 GMT

I just discovered these boards only a handful of months ago but have read up on some truly valuable advice. Today was the 6-month anniversary since my last Amex CLI. A couple months back I product changed my Amex Blue with 7.24% APR to an Amex Blue Cash Everyday while keeping my 7.24% APR. I learned about product changes here. So, using another piece of information I read here I decided to ask for double my current credit limit; something I would have never considered doing until reading these boards. I would usually request small incremental increases. Today I clicked the love button for my $10,000 limit to be increased to $20,000 and was instantly approved. Good stuff.

Thanks myFICO Forums!

Re: AMEX CLI!

HikingFICOMountain — Tue, 01 May 2012 19:17:57 GMT

Woohoo! Congrats to you

Re: AMEX CLI!

Whereis750 — Tue, 01 May 2012 19:22:31 GMT

Way to go!!! I thought you could ask for 3 times the current CL, no?

Re: AMEX CLI!

Anonymous — Tue, 01 May 2012 19:26:47 GMT

You can ask up to 3X, as long as it's not past 25,000 apparently.

Sometimes it's better to play it safe. Next time he can ask for $20,000.

Congrats, OP.

Re: AMEX CLI!

Anonymous — Tue, 01 May 2012 19:31:05 GMT

You know, I was worried about asking for 3x because that would have meant a $30,000 CL. I distinctly remember someone mentioning that AMEX is okay with soft pulls up to $25k. I honestly didn't even think $20k would get approved because I've never in my life requested a CLI of that much at one time. I wouldn't have dared ask for $25k because it was right at that barrier. I didn't want to talk to a rep who was going to ask me what I needed it for. I really didn't need the increase for anything more than improving my utilization percentage. Plus it's also good to know I have an ultimate "emergeny" card with a 7.24% APR.

Re: AMEX CLI!

Anonymous — Tue, 01 May 2012 19:31:59 GMT

Congrats, i love AMEX

Re: AMEX CLI!

oracles — Tue, 01 May 2012 19:34:35 GMT

Has anyone asked and been approved for 25k or did you stay under the threshold and ask for 24 or 24.5k?

Re: AMEX CLI!

Anonymous — Tue, 01 May 2012 19:38:44 GMT

@oracles wrote:
Has anyone asked and been approved for 25k or did you stay under the threshold and ask for 24 or 24.5k?

I'm curious of this as well. I didn't want to tempt fate so I didn't ask for $25k. I figured $20k was already pushing it. I wonder if anyone has had success with requesting $25k without having to talk to a rep.

Re: AMEX CLI!

Anonymous — Tue, 01 May 2012 19:42:27 GMT

@Anonymous wrote:
Congrats, i love AMEX

Thanks! I do too!

Re: AMEX CLI!

Anonymous — Tue, 01 May 2012 19:56:41 GMT

I'm thinking of asking for 21,500 (CL of 9,500), but didn't want to push my luck with $25,000.

Re: AMEX CLI!

Anonymous — Wed, 02 May 2012 02:32:18 GMT

I was recently approved for the awesome AmEx Platinum card, so I also asked for a CLI on my AmEx Costco card in which case based off reading the forum I was going big so my old and original CL was 7900 and I asked for 20 they countered with 16,400! I accept woohooo! I guess in 6 months I'll try again for the 20 but maybe just go for the whole 25 and take the counter offer!

Re: AMEX CLI!

tmbr10 — Fri, 04 May 2012 02:28:11 GMT

I was approved for a CLI from 7500 to 20000 in 12/11. I never used more than 20% of the initial CL. But I love the security that a 20000 CL brings.I plan on working the card a little more but still staying in PIF range. maybe carry a >500 balance. If (AND ONLY IF) its another soft pull, Ill try to squeeze a 25000 CL out of them this summer.

Re: AMEX CLI!

Anonymous — Fri, 04 May 2012 02:29:14 GMT

Wish I had the guts...

Re: AMEX CLI!

scottwagnon — Fri, 04 May 2012 02:47:13 GMT

@Anonymous wrote:
I just discovered these boards only a handful of months ago but have read up on some truly valuable advice. Today was the 6-month anniversary since my last Amex CLI. A couple months back I product changed my Amex Blue with 7.24% APR to an Amex Blue Cash Everyday while keeping my 7.24% APR. I learned about product changes here. So, using another piece of information I read here I decided to ask for double my current credit limit; something I would have never considered doing until reading these boards. I would usually request small incremental increases. Today I clicked the love button for my $10,000 limit to be increased to $20,000 and was instantly approved. Good stuff.

Thanks myFICO Forums!

Nice! 7.24 is a grandfathered apr. I have the lowest apr they can offer today which is 10.24 I bet you have an 800+ fico score.

Re: AMEX CLI!

Anonymous — Fri, 04 May 2012 02:50:09 GMT

@tmbr10 wrote:
I was approved for a CLI from 7500 to 20000 in 12/11. I never used more than 20% of the initial CL. But I love the security that a 20000 CL brings.I plan on working the card a little more but still staying in PIF range. maybe carry a >500 balance. If (AND ONLY IF) its another soft pull, Ill try to squeeze a 25000 CL out of them this summer.

Dang super nice wish I could have pushed the 20k mark but it's ok at least I'm still only 6 points from that 800 I want so it didn't kick me back any. I am so close hope to hit it before the year is up!!