The Definitive Amex 3X CLI Guide

[Anonymous]

No credit debt (maybe like $500). Around 200k. 

[s_haliz]

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@Anonymous wrote:

No credit debt (maybe like $500). Around 200k. 

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Thank you for quick response. You have approx. $60K in available credit. So your income to available credit is $200/$60 = 3.33. Pretty good. Income is also stellar. What about your credit scores? AAoA? I am trying to see what is the logic for them to ask 4506-T? 

What is your oldest credit card and when was it opened? 

[Anonymous]

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@s_haliz wrote:

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@Anonymous wrote:

No credit debt (maybe like $500). Around 200k. 

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Thank you for quick response. You have approx. $60K in available credit. So your income to available credit is $200/$60 = 3.33. Pretty good. Income is also stellar. What about your credit scores? AAoA? I am trying to see what is the logic for them to ask 4506-T? 

What is your oldest credit card and when was it opened? 

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No problem. 

AAoA is about 7 years. My scores are about 750 across the board. 

From just a light google search i gathered they its standard practice for sure a big jump (would have been 13k to 39k). 

[taxi818]

Apparently in most cases. Not always. When requesting more than 25k. They will ask for 4506 -t. To insure your income can meet payment obligations.  If you don't give. They don't give the limit increase.  No big deal. Not like FR 

[Pigeyex]

So since they just started me at $8900 CL, I could conceivably go for $26,700 after 60 days, and a whopping $80,100 after 6 months???

That doesn't sound right.  Although my income is very good ($220k), and my credit untilization is only 0-9%, my credit scores are still only about 690 - 710, and my next-highest CL is only $5,000.  Why in the world would Amex extend themselves that much toward me???

Pigeye

[Anonymous]

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@Pigeyex wrote:

So since they just started me at $8900 CL, I could conceivably go for $26,700 after 60 days, and a whopping $80,100 after 6 months???

That doesn't sound right.  Although my income is very good ($220k), and my credit untilization is only 0-9%, my credit scores are still only about 690 - 710, and my next-highest CL is only $5,000.  Why in the world would Amex extend themselves that much toward me???

Pigeye

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In theory... but they could always say no. 

[madnutz]

can someone help me out, I can't find the sticky, The first post in this thread refers to the sticky but I can't find the sticky anywhere..... just got approved for amex card on 10/30 with 7k limit and want to know how to pull off tthis 3x CLI

[kchengg1]

If I recently got a 3X CLI from 4k to 12k.. 6 months later, I apply for another 3x CLI.. is 36k too much?

[lord_kinbote]

A request of over 25k threshold, will trigger a request for tax documentation to verify income. If your finances supports high credit limit, no worries - if not, request 25k.

[taxi818]

And even if they verify. The maximum amex will expose themselves is 40% of verified income.