@Anonymous wrote:
@NRB525 wrote:What is your existing AMEX CL amount you are going to use as the base for the CLI?
I'm currently at 2,000. I know I can safely request 6,000 come my 61 days, but I was curious to see if it would be possible to request, say, maybe 10,000, or would that be too ballsy?
In the month or so of having it, I've charged well over the 2,000 limit, and have always paid it down. I used it to charge a bunch of my parents business expenses to meet the sign-up bonus, and shortly after, paid those charges. I am carrying a balance of approx. 300. Would these big spendings along with the capability of making multiple large payments show Amex that I'm capable of holding a limit like 10,000 or should I just scrap the idea and go for the safe x3?
You can put in any request you want. After only 61 days, however, and a lump of spend that isn't repeated the second month, what annual income are you going to report? When you do the CLI request, you have to put in one number that is your gross annual income. The algorithm will include what it knows about your recent SP data it got from your credit file, your recent payment history, what your annual income is, and approve or deny the request. The 3X is a well-tested level that works consistently, only when a file is very weak is it countered for less.
In 6 months after the first CLI, you will be able to get another run at a 3x CLI request. Working with AMEX is something you can do for the rest of your life. Are you sure you want to push it after only 2 months?
Edit: And that annual income amount you put in during this 3X CLI? If they take your request seriously and review it, they may ask for verification of that through the 4506-T IRS form, that allows them to request a transcript of your tax returns. That is related to the Financial Review process, not the same thing but similar information verification.
