AMEX - 61 days and shot down, sort of

[Imhotrodcrazy]

Well, as I stated in another post I would try for a cli after 61 days, and today was the day.  My starting credit line was $12,000 and I asked for $25,000 but was shot down on that figure.  Amex came back with a counter of $13,300, which I accepted since it is  better than nothing.  Now I am not complaining.  I went from nothing to $13,300 in just 61 days.  It goes to show you that a great score alone does not guarantee you are going to get the max line you ask for.  I have used my BCE card a lot in the last 2 months and PIF 5 times during those 2 months.  I am sure they feel that I am still too new of a customer.  Also, this was the 61st day after approval, not activation. Just thought I would share my experience on this topic since it has been raised several times before on the forum. 

[Anonymous]

In addition to having good credit, it is also income related, i.e. whether they feel comfortable extending you a larger line of credit with the income you are reporting. I didn't know about asking for a CLI at 61 days. The first time I asked was at 6 months and it was immediately shot down b/c they felt the credit line was sufficient for my income.

[Anonymous]

I, too, used 61 days from the date of approval without difficulty.

[pizzadude]

COngrats on the CLI !  I'm sure that they will bump you up, just give it another 6 months or so....

[tntexans72]

Congrats...that's still a nice bumped and no HP.

My BCP is coming up on 61 days and a CLI is in order for me

Edit: BTW...what was the Util % on the card when you request the CLI? Did you have a balance? How much did you put through the card in those 2 months?

[Imhotrodcrazy]

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@tntexans72 wrote:

Congrats...that's still a nice bumped and no HP.

My BCP is coming up on 61 days and a CLI is in order for me

Edit: BTW...what was the Util % on the card when you request the CLI? Did you have a balance? How much did you put through the card in those 2 months?

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I don't know exactly how much I spent in the 2 months I had the card.  I would guess about $2,000 - $2.500.  I PIF every week.  I had a zero balance when I asked for the cli this morning.  My last PIF was yesterday.  I hope you get the cli you want.  Good luck.