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Amex BCE Low Limit/No Credit Steps?

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Contributor

Amex BCE Low Limit/No Credit Steps?

Hey all, I was recently approved for an AMEX BCE (first Amex card ever) with a starting limit of $500. I've seen numerous posts on this board about a SL this low indicating this card belonging to the Amex version of credit steps.

With that being said, I never received the typical Credit Steps email from Amex. Should I assume this is not a Credit Steps card and my SL was low because of my current profile and the fact I am new with Amex?

8/1/2018 FICO Scores:

7/12/2019 FICO Scores:
Message 1 of 5
4 REPLIES 4
Moderator

Re: Amex BCE Low Limit/No Credit Steps?

If you did not receive an email or correspondence which outlines the steps for qualifying for a higher CL over a period of time with usage and on-time payments, then the $500 SL is the minimum for approval.   Not all $500 SL approvals qualify for that option.

Message 2 of 5
Community Leader
Valued Contributor

Re: Amex BCE Low Limit/No Credit Steps?

Don’t worry at all. Use it well and you’ll be able to get a generous CLI after a few months.
Discover It: 19.7k
Amex BCE: 18k
Citi DC: 5.7k
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Once you go Berner, you never go back.
Message 3 of 5
Contributor

Re: Amex BCE Low Limit/No Credit Steps?

Would multiple PIF payments over the course of one statement spook Amex? I'd like to put some serious grocery spend on the card, but with a family of 7, the $500 limit isn't enough.

8/1/2018 FICO Scores:

7/12/2019 FICO Scores:
Message 4 of 5
Highlighted
Valued Contributor

Re: Amex BCE Low Limit/No Credit Steps?


@DebtJoe wrote:
Would multiple PIF payments over the course of one statement spook Amex? I'd like to put some serious grocery spend on the card, but with a family of 7, the $500 limit isn't enough.

You can do this but, during the first statement if you have them pull from your account you can only make 1 payment.  If you push them from your bank bill pay you can send as many as you want but you have the delay of them mailing the payments.

500K+ TCL / 800+ FCOs
Message 5 of 5
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