I just took a trip that added balances to several of my cards. The balances will all be gone soon; some already are, though they did hit my most recent statements.
Also, I got an email saying that one card was $9 over my credit limit; this is because I paid for a hotel with points, but they put a pending charge for it on my card anyway, to my surprise. I immediately made a payment to get it below the CL and then when I got a chance, paid it halfway down, but I do have higher balances than usual.
Coincidentally, I am coming up on 61 days. My question is, before requesting a 3x CLI, should I give it an extra month or month and a half to a) pay everything to zero or close to zero and b) allow new statements to cut reflecting low/no balances? Or does that not really matter? I have no late payments or anything else with Amex, my only "bad" thing was being $9 over my CL for a brief time. Thanks!
Was just approved of my first card in 7 years, Amex BCE with SL of $2k.
What would be my best course of action from here? Asking for a CLI now or wait after 61/91/181 days? Don't want to spook Amex but would like to know what is a good CL to aim for in the long run.
My profile is very young, with many new accounts and inquiries. Although, nothing for the past ~2 months.
In July, I was approved for an Amex Gold card.
In August, I was approved for Amex Delta Gold at $1,000, and the next day, for Amex Hilton Aspire at $3,100.
I am at or near 61 days and pondering a 3x CLI request on the Aspire.
Due to a vacation, my balances temporarily spiked on the Hilton card (was actually $9 over my limit for a short time due to a hotel temporarily putting a charge on my card when I was paying with points). However, I paid my balances down more than halfway very soon after, and paid them off entirely this week.
I have no other issues outside of Amex (no derogs, balances low).
My question is: should I go ahead and request the CLI, or should I wait until statements cut that show low/no balances? Will being $9 over my CL for a few hours due to a pending charge that was later withdrawn be a problem? Thanks!
Thanks. I haven't received or applied for any Amex CLIs so far. In an ideal scenario, I'd get 3x on Aspire to $9,300. I'd probably then move $1,500 or so to Delta, and wait until I can try for another CLI on Aspire next year.
My question is whether now is the right time to apply for it, or whether I'd be better off waiting for new statements showing zero or very low balances. My current Aspire statement shows a balance of $1,201.
It doesn't really matter. There's a delay in the SP's usually with Amex and it will be based of that info and your current status on the card. Showing high use and paying it off quickly falls into what they typically look for. If it's denied it's a 90 day wait until you can try again.
Roll the dice if you're credit hungry. If you're not then just wait. It's up to you 