topic Re: AMEX $25K popularity in Credit Cards

Update: AMEX $25K popularity

CS800 — Wed, 07 Nov 2012 20:24:15 GMT

I'm eligible for a CLI call and wondering how often they give the full $25K without a counter?

I'm currently at a $12K CL on my BCE. Total util is 5%. Perfect payment history with AMEX. BCE balance is at $0

Re: AMEX $25K popularity

j_casteel — Fri, 02 Nov 2012 18:44:29 GMT

@CS800 wrote:
I'm eligible for a CLI call and wondering how often they give the full $25K without a counter?

I'm currently at a $12K CL on my BCE. Total util is 5%. Perfect payment history with AMEX. BCE balance is at $0

I'm not sure, but my brother was around 14k-15k and requested online using the LUV button for around 40k IIRC and they countered with 33.3k. That is on a plain Jane AMEX Blue that he's had for around 3yrs now.

Re: AMEX $25K popularity

CS800 — Fri, 02 Nov 2012 19:01:22 GMT

@j_casteel wrote:
@CS800 wrote:
I'm eligible for a CLI call and wondering how often they give the full $25K without a counter?

I'm currently at a $12K CL on my BCE. Total util is 5%. Perfect payment history with AMEX. BCE balance is at $0

I'm not sure, but my brother was around 14k-15k and requested online using the LUV button for around 40k IIRC and they countered with 33.3k. That is on a plain Jane AMEX Blue that he's had for around 3yrs now.

Generally, don't they ask for more documentation to provide anything above $25K

Re: AMEX $25K popularity

j_casteel — Fri, 02 Nov 2012 19:05:42 GMT

@CS800 wrote:
@j_casteel wrote:
@CS800 wrote:
I'm eligible for a CLI call and wondering how often they give the full $25K without a counter?

I'm currently at a $12K CL on my BCE. Total util is 5%. Perfect payment history with AMEX. BCE balance is at $0

I'm not sure, but my brother was around 14k-15k and requested online using the LUV button for around 40k IIRC and they countered with 33.3k. That is on a plain Jane AMEX Blue that he's had for around 3yrs now.
Generally, don't they ask for more documentation to provide anything above $25K

i've seen people post that in a few threads, but i'm not sure. I know he just logged into his account hit the button and was immediately countered with $33.3k. I'm an AU on that card so my available credit jumped a lot and my utilization is really hard to get above 10-15% since we both PIF and only leaving small balances sometimes.

**I'm an AU but do not actually use the card nor do I have the card**

Re: AMEX $25K popularity

CS800 — Fri, 02 Nov 2012 21:06:43 GMT

SO I pulled the trigger for the CLI and requested $25K and they told me that it has to be reviewed by the Risk Management Team etc that I will hear from them in 3 business days

Also the guy said that it will be a HP. I was like why??? AMEX has always been a SP. He said no for CLI's AMEX always HP's. I asked him this twice to make sure I wasn't dreaming.

My previous CLI was instant in like 2 seconds. My EX is frozen but I'm sure they can still SP if they wanted to just like WalMart and PSECU do.

Re: AMEX $25K popularity

Walt_K — Fri, 02 Nov 2012 21:09:59 GMT

@j_casteel wrote:
@CS800 wrote:
@j_casteel wrote:
@CS800 wrote:
I'm eligible for a CLI call and wondering how often they give the full $25K without a counter?

I'm currently at a $12K CL on my BCE. Total util is 5%. Perfect payment history with AMEX. BCE balance is at $0

I'm not sure, but my brother was around 14k-15k and requested online using the LUV button for around 40k IIRC and they countered with 33.3k. That is on a plain Jane AMEX Blue that he's had for around 3yrs now.
Generally, don't they ask for more documentation to provide anything above $25K
i've seen people post that in a few threads, but i'm not sure. I know he just logged into his account hit the button and was immediately countered with $33.3k. I'm an AU on that card so my available credit jumped a lot and my utilization is really hard to get above 10-15% since we both PIF and only leaving small balances sometimes.

**I'm an AU but do not actually use the card nor do I have the card**

I recently received an Auto CLI from $25K to $27K. Not quite the same as requesting a CLI, but no documentation was requested.

Re: AMEX $25K popularity

j_casteel — Fri, 02 Nov 2012 21:49:50 GMT

@CS800 wrote:
SO I pulled the trigger for the CLI and requested $25K and they told me that it has to be reviewed by the Risk Management Team etc that I will hear from them in 3 business days

Also the guy said that it will be a HP. I was like why??? AMEX has always been a SP. He said no for CLI's AMEX always HP's. I asked him this twice to make sure I wasn't dreaming.

My previous CLI was instant in like 2 seconds. My EX is frozen but I'm sure they can still SP if they wanted to just like WalMart and PSECU do.

Good luck!

I'm not sure how my brother was able to luck out then? Maybe his salary helped a lot?

Re: AMEX $25K popularity

tray — Fri, 02 Nov 2012 22:52:27 GMT

@CS800 wrote:
SO I pulled the trigger for the CLI and requested $25K and they told me that it has to be reviewed by the Risk Management Team etc that I will hear from them in 3 business days

Also the guy said that it will be a HP. I was like why??? AMEX has always been a SP. He said no for CLI's AMEX always HP's. I asked him this twice to make sure I wasn't dreaming.

My previous CLI was instant in like 2 seconds. My EX is frozen but I'm sure they can still SP if they wanted to just like WalMart and PSECU do.

WoW aint this strange I have never heard of hard pulls now for cli's from Amex except if your credit was in the toilet, I wonder if this might be a new trend now of some kind, kept the forum posted, middle of next week I am going to request a cli myself from Amex on my costco card but can only go up to 18,000, I will update on my status as well. Good Luck

Re: AMEX $25K popularity

Creditaddict — Sat, 03 Nov 2012 01:21:38 GMT

@CS800 wrote:
SO I pulled the trigger for the CLI and requested $25K and they told me that it has to be reviewed by the Risk Management Team etc that I will hear from them in 3 business days

Also the guy said that it will be a HP. I was like why??? AMEX has always been a SP. He said no for CLI's AMEX always HP's. I asked him this twice to make sure I wasn't dreaming.

My previous CLI was instant in like 2 seconds. My EX is frozen but I'm sure they can still SP if they wanted to just like WalMart and PSECU do.

Well having it pass to risk management is new reading for me...

Now on another note that I screamed out loud when I read was this guy saying HP and NO, CLI's have ALWAYS been HP's.... REALLY, How long have you worked at Amex? I actually usualy ask them if they know the difference first, then depending on that answer we can move forward to help him locate the correct information not for me but so he doesn't say it to others!

It's rare with Amex I feel...

Re: AMEX $25K popularity

youngandcreditwrthy — Sat, 03 Nov 2012 01:48:33 GMT

Yeah... I don't think many reps know the diff between a hp or sp. Omg! Congrats to yall for having such high limits! I only have $3.5k on my little ole Amex BCE. Hoping for $10k in one more month!! Woo!!

Re: AMEX $25K popularity

Epcot — Sat, 03 Nov 2012 01:53:29 GMT

Hmm. Wife has the Blue Cash card. (Not even offered anymore) but I don't see any way to ask for a CLI online. I checked under Account Management and then under Manage Credit Limit, but the only options there are to check on balance transfer, recent declines or spending ability.
Must it be called in then to request a CLI? Haven't requested one in over two years.

Re: AMEX $25K popularity

Roarmeister — Sat, 03 Nov 2012 02:19:06 GMT

@CS800 wrote:
SO I pulled the trigger for the CLI and requested $25K and they told me that it has to be reviewed by the Risk Management Team etc that I will hear from them in 3 business days

Also the guy said that it will be a HP. I was like why??? AMEX has always been a SP. He said no for CLI's AMEX always HP's. I asked him this twice to make sure I wasn't dreaming.

My previous CLI was instant in like 2 seconds. My EX is frozen but I'm sure they can still SP if they wanted to just like WalMart and PSECU do.

I suspect it is because of the doubling of the credit limit and perhaps because you crossed some internal threshold. Maybe they have a policy that all large requests for CLI have to go to a higher level manager for approvals. I got the same message from my bank, the higher level manager reviewed but didn't do a hard pull thankfully. And I was rewarded with the higher CL.

Re: AMEX $25K popularity

Anonymous — Sat, 03 Nov 2012 03:08:23 GMT

@Roarmeister wrote:
@CS800 wrote:
SO I pulled the trigger for the CLI and requested $25K and they told me that it has to be reviewed by the Risk Management Team etc that I will hear from them in 3 business days

Also the guy said that it will be a HP. I was like why??? AMEX has always been a SP. He said no for CLI's AMEX always HP's. I asked him this twice to make sure I wasn't dreaming.

My previous CLI was instant in like 2 seconds. My EX is frozen but I'm sure they can still SP if they wanted to just like WalMart and PSECU do.

I suspect it is because of the doubling of the credit limit and perhaps because you crossed some internal threshold. Maybe they have a policy that all large requests for CLI have to go to a higher level manager for approvals. I got the same message from my bank, the higher level manager reviewed but didn't do a hard pull thankfully. And I was rewarded with the higher CL.

I had a 11.2k CLI without any review so I don't think large CLI policies were the culprit. Probably reached an internal threshold?

Re: AMEX $25K popularity

Walt_K — Sat, 03 Nov 2012 14:15:05 GMT

@Epcot. The ability to ask online seems to come and go. Not sure what causes it to appear and disappear. If you don't have it online, you can call.

Re: AMEX $25K popularity

CS800 — Mon, 05 Nov 2012 14:48:20 GMT

I wonder why they would put an internal threshold. Strange but hopefully they counter with something.

The double edge sword:

My $30K CL on my NFCU card can either help or make them nervous about my limits. My total util is very low too; would be interesting to see what they come up with.

Re: AMEX $25K popularity

CS800 — Wed, 07 Nov 2012 20:23:04 GMT

Results are in:

Current CL $12K

ASked for : $25K

After review : Denied without even a counter stating insufficient income.

I did the request last week and it went to a 'Financial Review' team and I didn't hear back from them until today.

Total util: $3%

BCE Balance: $21

Income: six figures

Thing is they didn't even pull a soft. AMEX strictly pulls EX in MA and I refreshed my EX and there were no softs from AMEX. So they just based their decisions on my income. That's the only thing they asked me.

Bummer.

Re: AMEX $25K popularity

flowfaster — Wed, 07 Nov 2012 22:58:27 GMT

WOW, insufficient income **bleep**? I would call back for sure. Is your rent/mortgage payment 10k+ a month, lol. Something else must be going on they don't like. Maybe your internal profitability algorithm is in the red?

Re: AMEX $25K popularity

Anonymous — Wed, 07 Nov 2012 23:26:43 GMT

They may have used an old soft from a couple months back. AMEX is known to do this.

Re: AMEX $25K popularity

Anonymous — Thu, 08 Nov 2012 01:05:28 GMT

Random theory: They saw the 30k NFCU CL and was like holy smokes why does this guy need that much credit available with his income. He's going to find a woman and go into debt by 60k with no way to pay it back

Re: AMEX $25K popularity

Anonymous — Thu, 08 Nov 2012 01:13:05 GMT

@CS800 wrote:

I'm not sure, but my brother was around 14k-15k and requested online using the LUV button for around 40k IIRC and they countered with 33.3k. That is on a plain Jane AMEX Blue that he's had for around 3yrs now.
Generally, don't they ask for more documentation to provide anything above $25K

I am not sure but from our experience it a matter of YMMV. My DW AMEX True Earning was at 20K and she requested 35K and was approved. They never ask for any documents.