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amex everyday 3x cli

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zerbherb
Established Contributor

amex everyday 3x cli

should i try for 3x cli the day the card gets here. or wait till june when it has been 61 days and i truly need it.

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Discover it 13300 cl nov 2014/ Everyday 26700 k march 2015/CSP 7.5k Feb 2016/ Freedom Unlimited 7k july 207
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1 REPLY 1
newhis
Valued Contributor

Re: amex everyday 3x cli

I got my ED with $2,000. I used it for 10 days and then asked for 3X CLI and got it.

 

My thinking was, if I use this card for 61 days it will report the start limit as $2,000 then a jump to $6,000, but if I request it before the first statement and get the increase, then the card will report as $6,000. For me that was enough to try the 3X CLI early (this was back in January, there was no requests before 61 days then, and I had a PRG for 3 months, so I got the CLI early because my 61 days from first Amex card already passed).

 

Then my DW got her first Amex, she got at 3.5k, she said she will wait for 61 days but I told her about all the CLIs, so she tried after a week with the card and she got denied for too new to Amex and low payments to Amex (none at that point). Now she needs to wait 90 days, but she got her EX FICO and she will use the letter to get another EX report in 50 days.

 

Think of it this way, what other card will grow to 3X as soon as 0-90 days? By requesting as soon as you get the card, and you get denied, will it hurt your plans by waiting 30 more days to ask again? or the benefit of a possible initial report at 6k is worth the risk?

 

Good luck in your decision.

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