@Gregory1776 wrote:AmEx guy I talked to on the phone last night said that a could request another CLI in December, six months after my account was opened. I thought it would be February, 181 days like you said. Idk...beats me. I'm going to go for it though.
Has anybody else experienced this? 🤔🤔🤔
I am going to assume he didn't look at your other account and was just telling you that you can ask for a CLI after 6 months, not realizing you had one recently on another card. If you'd read this whole thread (haha), you would clearly have seen that I attempted to test the new account vs all accounts theory with my SPG both after activating it and at the 61 day mark. Both times resulted in letters stating that American Express requires a minimum of 180 days between credit line increase requests. (I asked for my first CLI on my Blue card in 15 years around January.)
Without question, there has to be more than 180 days between granted customer-initiated CLIs.
@K-in-Boston wrote:
@Gregory1776 wrote:AmEx guy I talked to on the phone last night said that a could request another CLI in December, six months after my account was opened. I thought it would be February, 181 days like you said. Idk...beats me. I'm going to go for it though.
Has anybody else experienced this? 🤔🤔🤔
I am going to assume he didn't look at your other account and was just telling you that you can ask for a CLI after 6 months, not realizing you had one recently on another card. If you'd read this whole thread (haha), you would clearly have seen that I attempted to test the new account vs all accounts theory with my SPG both after activating it and at the 61 day mark. Both times resulted in letters stating that American Express requires a minimum of 180 days between credit line increase requests. (I asked for my first CLI on my Blue card in 15 years around January.)
Without question, there has to be more than 180 days between granted customer-initiated CLIs.
I tried reading it all, only got to page nine. 😐 anytime I open this thread, for some reason it brings me right back to where I stopped...😂😂😂
Now if I were to try again in December and was denied, would o get a letter saying I need to wait 180 days, or would I have to wait 90 because of the denial? Thanks. 😁
@Gregory1776 wrote:I tried reading it all, only got to page nine. 😐 anytime I open this thread, for some reason it brings me right back to where I stopped...😂😂😂
Now if I were to try again in December and was denied, would o get a letter saying I need to wait 180 days, or would I have to wait 90 because of the denial? Thanks. 😁
5 pages a day and you'll be caught up before you know it! Then you can move on to the Navy AR thread.
If you were denied, your letter would just state the reason(s) you were denied and you would need to wait at least 90 days prior to trying again. There wouldn't be any days listed; you only get those spelled out if you have tried again too early. (At least I assume you would get a 90 days statement on a denial; I have no experience with that, but I'm sure I'd have a stack of them had I been familiar with the Amex CLI policies years ago. Maybe enough to rival BrutalBodyShots's stack of 4506-T requests!)
I wouldnt trust the CSR s either like olman87 said. Why?, because they are from Chase and that belongs on another thread 
@Anonymous wrote:Wow. Thanks for this thread. I just got an instant approval for $12,000 on my American Express Cash Blue Everyday card after using the "Increase Line of Credit" button on the Amex website. I went from $4,000 to $12,000. I only had the card for 8 months. I spent about ~$220 monthly and paid the balance in full every month with autopay. My salary is $37,440.
My brother who got this same card around the same time I did, requested 3x CLI ($22,500) but was counter offered $14,100. His salary is $35,360.
I noticed that nagisa on this forum posted:
"Your request for line of credit increase of $20,000 can be approved for $19,700. Your new line of credit would be $19,700." and his salary was $50k.
From these three data points, I started to see a trend in Amex CLI approval calculation.
1) Initial credit limit: $4,000
Requested credit limit: $12,000
Approved credit limit: $12,000
Salary: $37,400
Approved credit limit / Salary Ratio: 32.1%
2) Initial credit limit: $7,500
Requested credit limit: $22,500
Approved credit limit: $14,100
Salary: $35,400
Approved credit limit / Salary Ratio: 39.8%
3) Initial credit limit: $7,600
Requested credit limit: $20,000
Approved credit limit: $19,700
Salary: $50,000
Approved credit limit / Salary Ratio: 39.4%
Before my brother submitted the request, I actually guessed that he was going to get counter offered with a limit 40% of his salary and I was right! I feel that if I would have requested a higher limit, I would have got approved.
It seems that the gerenal rule is around: 3X CLI but less than ~40% of your salary.
if this is true, they'll cap me at 14k.... :/
Hit the button today requested 9k, or the 3x, was instantly countered at 4.7k.
Took it and ran, lol. Im not gonna complain on my income and spend. Very happy
Feb 2018 see you for my blue cash
Took it and ran, lol. Im not gonna complain on my income and spend. Very happy
Feb 2018 see you for my blue cash
Congrats on the increases AVJ & BBS!
I'm still trying to decide which card and when I want to request...
Yeah, congrats to you both! BBS, now you have one hundred and ten 4506-T requests!