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Amex February CLI Strategy

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chalupaman
Super Contributor

Amex February CLI Strategy

I have an idea of which card I wanna have a CLI applied to but given that I have three Amex revolvers already (which adds up to a total CL of $8,300), how much should I conservatively go for when it comes to Amex because this is something that I've kinda been thinking about a lot lately and I wanna be 100% sure of what I'm doing. Any advice would be greatly appreciated.

 

My last CLI was a counteroffer to more than double the limit on my Gold Delta card after attempting the 3x CLI on that back in August.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 1 of 4
3 REPLIES 3
CreditCuriosity
Moderator Emeritus

Re: Amex February CLI Strategy

Really depends what you want... Delta if you want credit or ulization paddings or actually need that much, but doubtful on it... So that leaves your other twoSmiley Happy...  All depends on which you think you will get the most bang for your buck or 3x

Message 2 of 4
chalupaman
Super Contributor

Re: Amex February CLI Strategy


@CreditCuriousity wrote:

Really depends what you want... Delta if you want credit or ulization paddings or actually need that much, but doubtful on it... So that leaves your other twoSmiley Happy...  All depends on which you think you will get the most bang for your buck or 3x


Part of me was really thinking Delta for that reason because either way, I'm going to be closing that card out when it turns 13 months and rellocating the limit over to my BCE and possibly my Everyday card too. Also because when I test the spending ability button on it, it says that I can charge over 6K on that card despite my limit being 4.2K.

Tradelines: Macy’s - $18k, Penfed Power Cash Rewards - $10k, Ethan Allen (TD Bank) - $5.7k, Kay Jewelers - $5.5k, Appliances Connection - $5.3k, Jared - $5.25k, Best Buy (Citi) - $5k, Dell Preferred Account - $3.5k, Samsung - $3.2k, Firestone CFNA - $3.2k, Capital One Platinum - $3k, Mercury MC - $2.25k, Williams Sonoma - $2.1k, Wayfair (Fortiva) - $2k, Amazon Store Card - $1.8k, Apple Card - $1.7k, NFCU cashRewards - $1.5k, CareCredit - $1.5k, B&H Photo - $1.5k, Adorama - $1.25k, Ebay MC - $1k, Sam’s Club MC - $1k, American Eagle - $1k, Ollo MC - $600, Mission Lane Visa - $500, NY & Company - $500, Walgreens - $500, Home Depot - $500, Target RED Card - $500, CapOne Secured MC 0 AF - $500, Penfed Overdraft LOC - $500

Current FICOS: Mid 640s-50s on all reports, Ch 7 BK D/C Aug 2019
Starting scores: EX - 534, EQ - 574, TU - 516 | Total TLs: $91k approx | Total Utilization: 17%, getting this back down
Message 3 of 4
Anonymous
Not applicable

Re: Amex February CLI Strategy


@chalupaman wrote:

I have an idea of which card I wanna have a CLI applied to but given that I have three Amex revolvers already (which adds up to a total CL of $8,300), how much should I conservatively go for when it comes to Amex because this is something that I've kinda been thinking about a lot lately and I wanna be 100% sure of what I'm doing. Any advice would be greatly appreciated.

 

My last CLI was a counteroffer to more than double the limit on my Gold Delta card after attempting the 3x CLI on that back in August.


Easy. Press submit and enjoy your extra CL.

Message 4 of 4
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