I would just ask for what you want and see what they say. I am above $35k if you add all totals together on the cards I have and have not been asked to prove income. If you ask for $45k and they want proof of income you can either provide it or ignore it and go about your business and request another CLI in 90 days. They may also counter your request with a limit they feel comfortable with, which you can also accept or walk away from.
@2018VolvoS90 wrote:Hi everyone,
I have an American Express everyday card and an American Express gold card. The American Express Everyday Card currently has a $15,000 limit and the Gold Card has no preset spending limit and has a pay over time limit of $25,000. I'm approaching the 91th day of having my AMEX Everyday card and want to do the 3x CLI which would be a $45,000 limit. However I've read mixed things about going above $35,000 and it triggering an IV. I make $95,000 a year and that's how much Amex thinks I make so that's not an issue. My current credit score is a 750 I just don't want to go through the hassle of an IV.
So do I request a $34,500 limit to stay below the $35,000 limit or do I request a $45,000 limit and hope for the best?Does anyone know if the back button trick with AMEX still works where you can just click the back button if it shows you they are gonna wanna do an IV?
I think if you don't want to be asked for income verification, you shouldn't apply for more than a 34k limit.
So with that theory I could have my 4 cards sitting at $34,999 with a total SL of $139,996 with no IV needed, but you ask for a CLI on 1 card and go above $35,000 they would want verification of income.
There has to be more to it than that.
To me, that makes no sense
There has to be more to it than that.
To me, that makes no sense
Asking for a jump of $30k to a limit of $45k will likely increase the chances of them taking into consideration total exposure related to income. DPs on that are all over the place. Some have said it's 40%, while others have said they were at 100%+. It should go without saying YMMV.
As suggested, either make a lower request, or make the request you're talking about and see what happens. A FR, or POI based on a CLI request can be ignored with no harm, no foul. I don't know if you can resubmit a follow up request right away (essentially hitting the back button) for a lower amount to see if it will avoid the FR anymore (this used to be a thing). They may make a counter offer, or worst case, they decline altogether but after all, it's just a SP. Best of luck.
@Priory_Man wrote:
So with that theory I could have my 4 cards sitting at $34,999 with a total SL of $139,996 with no IV needed, but you ask for a CLI on 1 card and go above $35,000 they would want verification of income.
There has to be more to it than that.
To me, that makes no sense
it's not that at all, it's definitely file/profile dependent
there's someone here with a really large amex card limit, I forget who it is that never needed to IV for their super huge line because their file/profile supported it
it's just that 'in general' IV is much more likely to start popping up around that amount.
I personally thought that amount was 25k/on any one card 35k/aggregate across revolving credit cards w/amex
@2018VolvoS90 wrote:
@Priory_Man wrote:
So with that theory I could have my 4 cards sitting at $34,999 with a total SL of $139,996 with no IV needed, but you ask for a CLI on 1 card and go above $35,000 they would want verification of income.
There has to be more to it than that.
To me, that makes no senseThat's why I posted here. Based on everything I'd read on the forums it's only when a single credit line increase goes above $35,000 it triggers an IV. But I've already read that's a load of BS which is why I'm posting here to figure out which one is true or what peoples experiences have been.
It would seem, that sadly, all we are doing is adding to the confusion, due to our experiences all been different. I hope you find the answer you are looking for but I suspect the only way to find out for sure is for you to hit that CLI button and see what happens.
I"ve been asked and I ignored it basically then ask again later on the same card and it was approved without a request.
There is more to it than just a set number, right now I have 45k in exposure and no further request has been made. Having said that I'm happy where I'm at and have no intention of poking the bear any further.
8/22/24
3/09/25