New Amex BCE - SL is a slap in the face - myFICO® Forums

Dilbert934 · ‎03-11-2019

Currently have Amex Gold (NPSL), SkyMiles Platinum ($10k), and Amex Blue ($8k). Decided to go for the pre-approced BCE. Got the card today and it has a $1.8k SL! WTH? Glad it was a SP. I would have been ticked had I wasted a HP on that bread crumb.

RonM21 · ‎03-11-2019

Congrats on the approval. Unfortunate the limit did not pan out the way you would've hoped. I would imagine in the long run it will grow for you though.

Total CL: $321.7k

UTL: 2%

AAoA: 7.0yrs

Baddies: 0

Other: Lease, Loan, *No Mortgage, All Inq's from Jun '20 Car Shopping

Anonymous · ‎03-11-2019

@Dilbert934 wrote:
Currently have Amex Gold (NPSL), SkyMiles Platinum ($10k), and Amex Blue ($8k). Decided to go for the pre-approced BCE. Got the card today and it has a $1.8k SL! WTH? Glad it was a SP. I would have been ticked had I wasted a HP on that bread crumb.

Congratulations on your approval. Unfortunate you feel insulted by the SL. The only data you provide is insufficient to speculate as to why the SL is what it is. However, credit is a privilege, not a right. And the extent to which a creditor grants that privilege is their right.

kdm31091 · ‎03-11-2019

Being that the BCE is your fourth card with them, you are probably just at or near your internal limit, hence the low approval. You could shuffle limits around, although usually not immediately.

I'm more curious why the BCE was appealing honestly; I would think you should be using your Gold card for groceries.

pinkandgrey · ‎03-11-2019

At least it was approved and you know Amex’s growth potential. Congrats!

Discover It: 21.5k
Amex Cash Magnet: 18k
Fidelity Visa: 16.5k
Apple Card: 4.25k

Anonymous · ‎03-11-2019

Congrats on your approval !!!!!

CreditInspired · ‎03-11-2019

In 61 days, it could be 5.4K.

Yes, it was a let down, but these things happen to all of us. Possibility of many variables in play. Reached max internal limit. High UT. Low usage. Minimum payments. Score drop. I’m not saying any of these is it, but we just don’t know since no DPs.

You can always call and ask “what’s the deal.”

And BTW, congrats because it still, after all, is an approval.

|| AmX Cash Magnet $40.5K || NFCU CashRewards $30K || Discover IT $24.7K || Macys $24.2K || NFCU CLOC $15K || NFCU Platinum $15K || CitiCostco $12.7K || Chase FU $12.7K || Apple Card $7K || BOA CashRewards $6K

RickNATL · ‎03-11-2019

U can use and CLI along the way...

Anonymous · ‎03-11-2019

OP, regarding the other Amex cards you mentioned with greater current limits, were those your SLs, or are those your post-CLI limits? If you've received CLIs on your other Amex accounts, I'm curious what their SLs were?