My Amex EveryDay card became eligible for a CLI on 4/6 but I decided to wait until later in the month in order to reallocate a portion of the credit line to my Blue Business Plus card, and make sure Amex soft pulled my latest scores. After reallocation the credit limit was at $15,000 so on 4/25 I requested a 2X CLI to $30,000 which was immediately approved. I'm sure I left some credit limits on the table but I'm satisfied with the increased limit.
My BofA Cash Rewards was at $50,000 and also became eligible for another CLI on 4/6. I requested an increase to $99,900 just for grins and was for the first time ever I got a decline from BofA. The adverse action letter cited a number of reasons why they couldn't grant an increase. I had planned to wait 30 days and make another request but since I thought the reasons given for the denial were not supported by my credit reports, I submitted a request for a CLI to $75,000 a few minutes ago and was immediately approved for $70,000.
Nice big jump on the ED, congrats! BOA even better, kudos to you!
What awesome CLI’s you have my dear!!!
Congratulations!!!
Congratulations!!!
A portion of the 3-page Adverse Action notice I received from BofA earlier this month. The only thing I could think is that I made my request one day too early (reason #1).
Congratulations on your CLI approvals!
