cancel
Showing results for 
Search instead for 
Did you mean: 

AMEX 3x CLI and new accounts

tag
eagle2013
Established Contributor

AMEX 3x CLI and new accounts

So I looked and really couldn't find a direct answer to this question.

How sensitive is AMEX in granting 61 day CLIs (not necessarily 3x) with two or more other new accounts reporting? Hope I didn't ding my chances by spree-ing.

Message 1 of 6
5 REPLIES 5
Josh2942
Established Contributor

Re: AMEX 3x CLI and new accounts

I think they are sensative to new accounts because I put 1,000 dollars thru my blue card in two months and paid in full but I had three new accounts report so they rejected it. You can always try though.

Jaguar F-Type R Loan 50K Balance
Goldman Sachs Signature Loan $29,000 TU 750 score pulled at time of loan.
Student Loan Debt $1,500
Credit Card Debt $300 1>% of $166,700
FAKO Transunion 723 Equifax 744
What's in my wallet? Chase Sapphire Reserve, Chase Freedom Unlimited, and AMEX Blue for Business
Message 2 of 6
Themanwhocan
Senior Contributor

Re: AMEX 3x CLI and new accounts

My initial spree was 3 cards at the end of January. Second spree was 3 more cards: Start of April, April 20th (BCE) and start of May. I was able to get my 3X at day 61.

 

 

EDIT: actually, read this post for exact details on my BCE spending and CLI requests: 

http://ficoforums.myfico.com/t5/Credit-Cards/American-Express-increase-of-initial-credit-limit/m-p/2...





TU-8: 804 EX-8: 805 EQ-8: 788 EX-98: 767 EQ-04: 752    
TU-9 Bankcard: 837 EQ-9: 823 EX-9 Bankcard: 837
Total $443,800
Message 3 of 6
H4LO
Established Contributor

Re: AMEX 3x CLI and new accounts

I was denied my 61 day CLI and the 90 day CLI afterwards.

Probably because the amount of new accounts that I added. 



Total CL - 60K // Util. ~1.6%

772 TU - 6/5 ///// 705 EX - 5/5 ///// 664 EQ - 4/29
Message 4 of 6
Transmogrifying_Bee
Frequent Contributor

Re: AMEX 3x CLI and new accounts

I opened FOUR (4) new credit cards by the time I received my 6-month CLI. from Amex.  Details as follow:

 

1.   Opened my Amex BCE in March, 2013.  ($5K beginning CL)
2.   Opened 3 CC's in May 2013.

3.   X61-day CLI in June 2013 - asked for and received $7.5K CLI  ($12.5K total CL)

4.  Opened 1 more CC in October 2013.

5.  6-Month CLI  in December 2013 - asked for and received $11.5K CLI  ($24K total CL.

 

Don't know if my 15-year Member status with Amex had any bearing in assuaging their "comfort zone" with me?

 

EDIT -  My average monthly charge for my Amex BCE card has been less than $100.00, in case one would want to know.

 

FICO Score 8: EQ 823 EX 817 TU 825 **** VantageScore 4.0: 825 **** VantageScore 3.0: EQ 823 EX 826 TU 825
TOTAL CL (6 cards): $141.0K **** INQUIRIES 2 yrs (1 yr): EQ 0(1) EX 0(0) TU 0(0) **** UTILIZ: 1 % **** GOAL: FICO Score 8: 840+
r>>
Amex BCE 30K || NASA FCU Rewards Visa 30K || Chase Sapphire Visa Signature 21.5K || PayPal Extras MC 20K
CITI Diamond Preferred MC 25.0K || Discover it 14.5K **** CLOSED 7 cards **** GARDENING since 9-26-2014
Message 5 of 6
takeshi74
Senior Contributor

Re: AMEX 3x CLI and new accounts


@eagle2013 wrote:

So I looked and really couldn't find a direct answer to this question.

How sensitive is AMEX in granting 61 day CLIs (not necessarily 3x) with two or more other new accounts reporting? Hope I didn't ding my chances by spree-ing.


That's because there's no one-size-fits-all answer to such questions.  One's credit is the major factor.  Person A with 2+ new accounts could get a CLI while Person B with 2+ new accounts might not.

 

I had several new cards between opening my BCP and the 61 day CLI.  That doesn't guarantee anything with regard to your situation though.

Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.