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AMEX AA Reversal

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Anonymous
Not applicable

AMEX AA Reversal

Amex recently gave me a CLD. They said if I made a $580 payment they would restore my old credit line.

 

I went ahead and just payed the card all the way off.

 

Does anyone know how long it takes or if there is another action I need to do to restore it?

Message 1 of 12
11 REPLIES 11
FinStar
Moderator Emeritus

Re: AMEX AA Reversal

Once the payment posts you can reach out to them.
Message 2 of 12
RickNATL
Established Contributor

Re: AMEX AA Reversal

That's different...is there a reason why this was the case...?

Message 3 of 12
FinStar
Moderator Emeritus

Re: AMEX AA Reversal


@RickNATL wrote:

That's different...is there a reason why this was the case...?


How is that different?   From..?

 

Often times if AmEX takes AA (insert reasons for CLD besides non-usage) can often reinstate the CL with the stipulation of PIF or significantly lowering the balance by X timeframe.

Message 4 of 12
Anonymous
Not applicable

Re: AMEX AA Reversal

Credit limit was restored!

 

Thanks!

Message 5 of 12
FinStar
Moderator Emeritus

Re: AMEX AA Reversal

Glad to hear everything worked out in the end OP 👍
Message 6 of 12
CreditInspired
Community Leader
Super Contributor

Re: AMEX AA Reversal


@Anonymous wrote:

Amex recently gave me a CLD. They said if I made a $580 payment they would restore my old credit line.

 

I went ahead and just payed the card all the way off.

 

Does anyone know how long it takes or if there is another action I need to do to restore it?


Just for my own curiosity, do you know why they CLD you in the 1st place. Were you paying minimum payments? Did you carry a large balance for a few months?  

 

Thanks for giving some DPs. 


|| 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
Message 7 of 12
Anonymous
Not applicable

Re: AMEX AA Reversal

They never gave me an exact answer as to why. 

I did have a balance of $1200 on there and paying $100/month.

They said pay it to $580 and we'll restore your balance.

Figured i'd just pay it all the way off

Message 8 of 12
CreditInspired
Community Leader
Super Contributor

Re: AMEX AA Reversal


@Anonymous wrote:

They never gave me an exact answer as to why. 

I did have a balance of $1200 on there and paying $100/month.

They said pay it to $580 and we'll restore your balance.

Figured i'd just pay it all the way off


Thanks for sharing. Yep, that did it. They were thinking it was going to take a year to pay that off and longer if you were paying interest.  


|| 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
Message 9 of 12
AverageJoesCredit
Legendary Contributor

Re: AMEX AA Reversal

Its a bad sign if you cant even carry a $1200 balance. I dont care what lender it is , you shouldnt have to use up to your whole limit and pif to use a credit card.
Message 10 of 12
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