topic Re: To CLI or Not AMEX in Credit Cards

To CLI or Not AMEX

minimock — Tue, 03 Jul 2012 07:38:55 GMT

Some advice for a new AMEX person. I am now at 90 days with my new AMEX Blue everyday.

I am running a 50% UTIL after a project and now am in pay down mode.

The AMEX is only 20% UTIL.

I passed up the 61 day mark, and really dont need the CLI, but it would help on overall UTIL. It will take me another 90 days to get back below 10% UTIL

Would you pull the CLI or leave it alone.......

Thanks for any input.

Re: To CLI or Not AMEX

nada9188 — Tue, 03 Jul 2012 07:44:08 GMT

Personally I would give it a shot. Ask for 2x your cl, though some say do 3x, I would only do that if you had all of your utilizations set up properly.

Worst that happens is they say no and you get a soft pull only.

You've got nothing to lose!

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 08:03:38 GMT

I've been denied 3 times. Each time I had 0-5% util. I think I'm at a cap based on my income though.

Re: To CLI or Not AMEX

minimock — Tue, 03 Jul 2012 08:13:00 GMT

Hmmm, I guess Im really afraid of the dreaded FR. If I needed it, the choice would be simple.

I guess not being in need, and bringing down some sort of adverse account action, I would have to kick my own self in the back end LOL

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 12:14:49 GMT

@minimock wrote:
Hmmm, I guess Im really afraid of the dreaded FR.

I'm not dreaded.

BTW, I asked for a CLI and got denied. No FR.
I wouldn't worry at all about those. These forums will make you believe they happen all the time. They really don't.

Re: To CLI or Not AMEX

gettnthere — Tue, 03 Jul 2012 12:29:50 GMT

PTR2593 if u don't mind me asking, how much is your income? I think, if u at least make 50k, your eligible for a 10k line. It could be somethin else holding u back from your CLI

Re: To CLI or Not AMEX

Creditaddict — Tue, 03 Jul 2012 13:53:45 GMT

@minimock wrote:
Some advice for a new AMEX person. I am now at 90 days with my new AMEX Blue everyday.

I am running a 50% UTIL after a project and now am in pay down mode.

The AMEX is only 20% UTIL.

I passed up the 61 day mark, and really dont need the CLI, but it would help on overall UTIL. It will take me another 90 days to get back below 10% UTIL

Would you pull the CLI or leave it alone.......

Thanks for any input.

I always say yes! If the system says no, you can try again next month or two when you pay more down... but unless you have Util. up a bit and paid them $25 last month or something (Not sure your Min.) then I wouldn't worry about it... and ask for the 3x, system will counter... so no point in asking for less because you are at a higher util....

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 14:09:57 GMT

I agree with CA & FR on this..If you were forthcoming with everything on your AMEX app, you have NO reason to worry about FR from Amex..

Good Luck with whatever you decide..

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 14:13:14 GMT

Don't get overzealous though.

If you're making 30K with a 9.5K AMEX and you want that to be upped to 20K after having only spent 2K on it, don't be surprised if not only you don't get the CLI but don't get a counter offer.

That was my "mistake". But that mistake was only a SP, so, I'd prefer to call it a learning process.

Re: To CLI or Not AMEX

minimock — Tue, 03 Jul 2012 15:41:44 GMT

@Anonymous wrote:
Don't get overzealous though.
If you're making 30K with a 9.5K AMEX and you want that to be upped to 20K after having only spent 2K on it, don't be surprised if not only you don't get the CLI but don't get a counter offer.

That was my "mistake". But that mistake was only a SP, so, I'd prefer to call it a learning process.

No, I am way over 30K, and I was honest, and can back it up with returns if I had to...........

I guess you read about the horror stories all the time and it makes you pause LOL

Ok, well is the phone or the website better to do it by?

Thanks for all the input

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 15:44:00 GMT

No difference from what I can see. Website seems easier for the ego however (no witnesses).

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 15:45:37 GMT

Website is easier, but not everyone has the option.

It never became available to me. I did it through the automated phone system.

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 15:47:33 GMT

What is AMEX number directly to credit line increase department again?

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 15:48:59 GMT

I just called the number on the back of my card and picked it out of the options, so the direct line is one I don't have.

Re: To CLI or Not AMEX

Creditaddict — Tue, 03 Jul 2012 15:51:58 GMT

Online it's a little hidden but think it's always there for all.

And as direct phone, no... You can do it automated on phone... Rep will not do anything different but depending might be easier then all the automated and typing right numbers!

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 15:53:11 GMT

The online option is there for all, but it won't always "let you do it".

It always cited "technical difficulties" for me and that I had to call in for that. I should have taken that as a sign. lol

Re: To CLI or Not AMEX

Creditaddict — Tue, 03 Jul 2012 16:11:12 GMT

That error is off the button that most find... If you work your way through some of the other menus on the account and you can find different button and that one works.

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 16:18:18 GMT

@Anonymous wrote:
I just called the number on the back of my card and picked it out of the options, so the direct line is one I don't have.

I know there is a CLI department number (have spoken to them before), but I forget it. Really need to write it down.

Re: To CLI or Not AMEX

Anonymous — Tue, 03 Jul 2012 16:28:47 GMT

@Anonymous wrote:
@Anonymous wrote:
I just called the number on the back of my card and picked it out of the options, so the direct line is one I don't have.
I know there is a CLI department number (have spoken to them before), but I forget it. Really need to write it down.

Found it: AMEX Credit Limit Increase: 18005768942

This number is the CLI department and you talk to someone. Better to use automated systems like web or phone number. The CLI department is more for asking questions.

Re: To CLI or Not AMEX

minimock — Wed, 04 Jul 2012 07:02:33 GMT

I tore the site up looking for the LUV button, and only found one place.

It gives me that "Were updating the site" please call the number on the back of the card.......

No thanks LOL