Amex CLI after BK removal

[Jeffster1]

With EE on my TU in September and EE on my EX as of today (1/21/24), does anybody know how long I have to wait until Amex will accept CLI requests from me? Keeping in mind that they don't consider CLI requests on accounts with a BK reporting, and because *I think* they look at EX for CLIs, how long  until the removal of my BK percolates through to them? 

[Johnmccoy2710]

I haven't seen a definate answer if Amex does or doesn't give CLI if you still have a BK showing on ur credit file

[cabledude27]

EDIT: I had the dates wrong; corrected below.

I have Platinum and Blue Cash Preferred with $1k line.  Opened the Blue in June 2023 and Platinum in August 2023.  Platinum was approved after sending in financial info.  

I asked for my first CLI to go to the $2k limit on the Blue yesterday and was told no due to BK reported on my credit reports.  I have a Ch 13 that I paid off and had discharged on May 2023, so I have to wait until April 2024 2025 for it to be entirely off my credit report.  It seems that a reported BK does affect CLI approvals.  

I only use the Platinum for $200-300 to upgrade my business trips to 1st and pay it off.  Blue is usually paid off regularly, and I only used it for my internet subscriptions, gas, and groceries for the points.  Debt to income is only 1-2%, and I have a few other cards with balances less than $300-400, usually paid off monthly—credit lines totaling close to $15-17k all in.  Good income etc. 

It is disappointing as I feel like I paid my dues, and they are only hanging on the fact the BK shows still to say no even when I've demonstrated I have responsibly used credit. 

[Johnmccoy2710]

I guess I don't understand. I mean they approve you and issue you a card(s) with a Bankruptcy on your credit file but won't give you a CLI with one on there. Just doesn't make sense in my opinion.

[cabledude27]

Yeah I agree makes no sense. I chatted in and the agent was very nice but legit didn't give me any details other than the standard answer they gave. 

[jj10939]

I received a 3X CLI from AMEX yesterday on my BCE. OCL was $2,000 and received $6,000 new TCL! BK7 (8.5 years) reporting on all bureaus so you definitely may receive a CLI with a BK reporting. 

Card has been opened for 15 months. All previous CLI requests were denied. 

[pizzadude]

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@Johnmccoy2710 wrote:

I guess I don't understand. I mean they approve you and issue you a card(s) with a Bankruptcy on your credit file but won't give you a CLI with one on there. Just doesn't make sense in my opinion.

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AMEX is known to keep people with major derogatory items on a short leash if they get approved, so it's not too surprising that they won't give a CLI in this situation.   I didn't file BK but had numerous COs, once I finally made it into AMEX's good graces they approved me for a Zync charge card with a hard limit of $200 which they would never budge on. 

[Horseshoez]

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@cabledude27 wrote:

I have a Ch 13 that I paid off and had discharged on May 2023, so I have to wait until April 2024 for it to be entirely off my credit report.
 

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I'm curious, how is it your Chapter 13 will be falling off your credit reports only a year after your discharge?

[cabledude27]

It stays on for seven years from when you file for Chapter 13.  So, I filed in April 2017, paid my repayments for 5 years and completed it, got my discharge in May 2023.  

[Horseshoez]

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@cabledude27 wrote:

It stays on for seven years from when you file for Chapter 13.  So, I filed in April 2017, paid my repayments for 5 years and completed it, got my discharge in May 2023.  

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So your discharge took six years?  Did you have some kind of a COVID adjustment?