cancel
Showing results for 
Search instead for 
Did you mean: 

Amex Auto Luv!

OpenG
Established Contributor

Amex Auto Luv!

Who says Amex doesn't like when you carry a bal. Went from 25.5 to 30k, now my new highest limit.
Typically I pay in full, but due to some unexpected expenses over the past few months I've had to carry a bal (Currently about 4k). I'm a little surprised as this new limit is almost 65% my stated income.
Thanks Amex!

Current overall utilization about 11%.
Last score pulled by Amex has me at 799.
(Now time to lower that utilization and get back into the 800s!)
Message 1 of 10
9 REPLIES 9
VoltronM
Senior Contributor

Re: Amex Auto Luv!

Congrats on CLI

8-2019 / Fico 8 EX 8013 , EQ 8016 , TR 810
Amex ED 22k , CSP 17k , Discover iT 12.5k , Fifth Third Bank S2C 12k , BofA Cash Rewards 10k , Avianca Vida 10k , State Farm Good Neighbor Visa 10k , Citi DD 6k , Union Bank Rewards 5k
Message 2 of 10
MaizeandBlue
Senior Contributor

Re: Amex Auto Luv!

Congrats.





Message 3 of 10
sjrn
Established Contributor

Re: Amex Auto Luv!

Cool... CONGRATS!!!



Take the myFICO Fitness Challenge


Starting Scores

Current Scores

Goal Scores
Message 4 of 10
TaperRandy
Contributor

Re: Amex Auto Luv!

I see that you ask for a porportionately small amount when requesting a CLI with AMEX. Any particular reason? The nerds are in consensus when it comes to AMEX. They say to ask for 3x your current limit and at worst, it will end up doubled. 

EQ: 759 ; EXP: 797 ; TU: 758
BOA Cash Rewards:$27,000 ; BOA Business Cash Rewards:$30,000 ; AMEX PLATINUM BUSINESS-Open; Amex Business Blue- $30,000; AMEX Everyday Preferred: $30,000; Venture One:$11,750 ; QuickSilver:$10,500 ; CFU: $6,000 ; Home Depot: $15,000 ; Lowe's: $25,000 ; AMEX Business Plum: Open ; Discover It: $13,500; Elan Financial; $14,500; Citi Diamond Preferred-$11,000; CitiBusiness AAdvantage; $7,000; SYNC Welcome Home-$25,000
Message 5 of 10
AverageJoesCredit
Mega Contributor

Re: Amex Auto Luv!

Lol, 800's are so overrated. Give me a 799 any day, this way you are always striving for the 800's not trying to maintainSmiley Wink
Message 6 of 10
OpenG
Established Contributor

Re: Amex Auto Luv!

This increase was auto.
Account started a 2k, I did the 3x to put me at 6k, and then again for 18k. Stopped asking after that, I don't need over 50k, heck I don't even need 30k. Plus no need for a FR.
Message 7 of 10
TaperRandy
Contributor

Re: Amex Auto Luv!

On the contrary, if the CLI seems too big, that is only because you see it as an enticement, I would submit. That is to say, a 50k line will certainly help maintain with ease, a very respectable debt to credit ratio. That UTIL excellence will be shining when you go to buy something big or invest one day. Take the 50k and enjoy it. Just...don't spend it! ✌️😀

EQ: 759 ; EXP: 797 ; TU: 758
BOA Cash Rewards:$27,000 ; BOA Business Cash Rewards:$30,000 ; AMEX PLATINUM BUSINESS-Open; Amex Business Blue- $30,000; AMEX Everyday Preferred: $30,000; Venture One:$11,750 ; QuickSilver:$10,500 ; CFU: $6,000 ; Home Depot: $15,000 ; Lowe's: $25,000 ; AMEX Business Plum: Open ; Discover It: $13,500; Elan Financial; $14,500; Citi Diamond Preferred-$11,000; CitiBusiness AAdvantage; $7,000; SYNC Welcome Home-$25,000
Message 8 of 10
OpenG
Established Contributor

Re: Amex Auto Luv!

@AverageJoe
I kinda just stumbled into the 800s. How about just striving for lower interest payments!
Message 9 of 10
OpenG
Established Contributor

Re: Amex Auto Luv!

@TaperRandy
If credit lines entice me I would have busted out a long time ago, lol. Usually my utilization is much lower with scores in the 810 range. 50k does have a nice ring to it!
Message 10 of 10
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.