Hi, I'd like to know if there's any rhyme or reason to cli's from Amex. I was approved for their Cash Pref care in Jan '20 w a $5k SL. By far the lowest CL but this was my first Amex product and the $300 bonus for just $1k spend looked good on top of the 6% grocery. Anyway, I spend about $1k/month, always pif and at 4 months in, I req a Cli to $10k. Denied. I continue to spend about $1k/month and just tried for a 2x increase again at the 7 month mark and am met w the 7-10 day (still waiting for the snail mail).
My Ficos sit in the 755-768 range, util is 12%, aaofa is 5y 5m and absolutely zero baddies. My Disc and Citi increase $1500-2500 every 6 months like clockwork. I tell myself it's them pulling back due to the current climate to justify the rejections but is there something that I can do to expedite a Cli? Should I start carrying a balance? Use it for more than 10-12 transactions per month?
Sincere thanks for any insight!
