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AMEX 3x CLI

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Anonymous
Not applicable

AMEX 3x CLI

Hey guys,

 

Lets say my limit is 9k right now and I go do 3x, thats 27k

 

Dosen't Amex need proof of income over 25k?

 

Should I do 24k?

 

Thanks!

Message 1 of 8
7 REPLIES 7
NRB525
Super Contributor

Re: AMEX 3x CLI


@Anonymous wrote:

Hey guys,

 

Lets say my limit is 9k right now and I go do 3x, thats 27k

 

Dosen't Amex need proof of income over 25k?

 

Should I do 24k?

 

Thanks!


I think that is correct.

 

I am also at 9k, debating whether to push the 27k next year, just to see if they ask me for the 4506-T form Smiley Happy

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 2 of 8
uswala
Senior Contributor

Re: AMEX 3x CLI

$24K is what I would do as well. That is what my DW did as well about a month ago. No issues yet.

Message 3 of 8
aav
Established Contributor

Re: AMEX 3x CLI

I apped for two cards on the same day and am coming up for cli. One is at 9.5k and the other at 14.5k. I think I'm going to request the increase on the 9.5k first and going to ask to increase to 23k. I want to stay within 40% of my annual income and increase the other to25k in 180 days assuming the will grant the requests.

 

good luck to you guys and keep us posted!

EQ - 834 TU - 823 EX - 822
Amex NPSL Amex BCP - 25,000, Amex EDC - 12000, Diner's Club Premier -35,000, Ritz Carlton - 22,500 Discover 25,100, Chase Reserve -31,000 Total Rewards 13200, Barclay 10000 Citi Diamond P 8,900
Message 4 of 8
-Cal-
Valued Contributor

Re: AMEX 3x CLI

I'm totally going to go for over $25k to see what the experience will be like. 

Message 5 of 8
taxi818
Super Contributor

Re: AMEX 3x CLI


@-Cal- wrote:

I'm totally going to go for over $25k to see what the experience will be like. 


Fairly easy experience. Get your 4506-t ready. They will look at transcript at IRS and get back with you. Or they will counter with lower limit. Simple. It's not like a FR. It's just cli request. Also others are now getting up to 35k with no tax request.  Ymmv. Good luck. 

Message 6 of 8
Anonymous
Not applicable

Re: AMEX 3x CLI

So what do you all think? 24k or 25k!?

Message 7 of 8
NRB525
Super Contributor

Re: AMEX 3x CLI


@Anonymous wrote:

So what do you all think? 24k or 25k!?


Go for $25k, see if you get a counter or request for more info. I've heard if one reaches that limit ($25k) there is no penalty to back it off to $24.5k, as part of the negotiation. AMEX is happy either way. If you want more CL, and they ask, you just have to provide more details so they get happy at the higher level, as noted earlier in the thread.

High Bal Jan 2009 $116k on $146k limits 80% Util.
Oct 2014 $46k on $127k 36% util EQ 722 TU 727 EX 727
April 2018 $18k on $344k 5% util EQ 806 TU 810 EX 812
Jan 2019 $7.6k on $360k EQ 832 TU 839 EX 831
March 2021 $33k on $312k EQ 796 TU 798 EX 801
May 2021 Paid all Installments and Mortgages, one new Mortgage EQ 761 TY 774 EX 777
April 2022 EQ=811 TU=807 EX=805 - TU VS 3.0 765
Message 8 of 8
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