If true, next time someone asks if they can ask for CLI on a new account at 61st day after having just received a CLI last month on a different card (we get this question a lot), instead of the standard answer "no, because the 181 day rule would override the 61 day rule", the correct answer should be "no, there is no 61 day rule for additional cards.".
In two hours, I will be able to ask for my first 3X CLI... EXP its about 10 points higher than when I got the BCE card, but I have a few more credit inquiries and 3 more credit cards. I hope that won't affect their decision.
Just did my 3x cli today and was denied also. 62 days on the dot, with almost 700 across the board. About to just cut up my card no need for it anymore !
@Caught750 wrote: I have three Amex revolvers, BCE was first at $500 with their steps, denied 61 days. 91 days are up and my BCE is at $1k now. I also have HH and Delta Gold at $1k that I opened in May. Does it matter which card I ask for the CLI on? Scores in sig are accurate
Hello, I am also on steps with 500$ (BCE). How did you get the increase to 1000$ before sixth statement cut ?
@Anonymous give Amex some time. I too was denied at 61 days and again after 90 something days. My starting credit line was 2000 bucks and iirc my score were higher than yours. Six months after opening my card Amex gave me a auto cli and thus my new limit became 6k. Within a few weeks if the auto increase I decided to try my luck at a cli request. I was approved for 3x my current limit making my new limit 18k. Six months later after that request I submitted another cli and was approved. My limit is now 32k and I’ve had the card barely a year. Give it time, treat your credit portfolio good, and Amex will open the flood gates. Discover card, on the other hand is a totally different story for me. lol. I feel the way toward discover card that you feel toward Amex at the moment. I’ve had that card for 3 years and have had 3 measly 500 buck increases over the years.
Here is another data point. Today marked 181 days from my last CLI. My limit was 16.5k, originally 5.5k, I requested for the maximum of 49.5k expecting to verifiy with 4506-T and start having to bump down my requesting limit. However, I was returned with an instant approval of $42.3k, a $25.8k increase, total without having to back out and resubmit.
