AMEX CLI Question

[Isacking97]

Hi guys, I have 2 amex cards, I notice that it already passed 6 months since my last credit increase, One card hast a limit of 1k and the other 15k, In what card do I request the credit increase?

Thanks

15k Amex ED

1k Amex Magnet Card (Was a Blue Cash 2 months ago)

Income (Student): 10k

Scores in description!!

[K-in-Boston]

If you ask for the CLI on the Magnet you are limited to asking for $3,000 total.  If you want more than a $2k CLI, you would want to ask on the ED.  Since you're already at 160% of income, only you can decide what you are comfortable asking them for.  If you ask on the ED, you should be able to move some of the limit over to the Magnet if you'd like to posibly grow that by more than $2k.

[Anonymous]

With 10k income I wouldn't poke the bear too hard, I would ask 3x on the Magnet.

[Medic981]

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@Anonymous wrote:
With 10k income I wouldn't poke the bear too hard, I would ask 3x on the Magnet.

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@+1 I am with @Anonymous on this one.

[Caught750]

Agree with the old guy on this

[CreditInspired]

My scores and income way higher than yours and when I asked for 3x on $15K, AmX wanted a 4506T. I backed out and requested $33K, same thing. Waited next day and asked for $25K and it was granted.

I agree with others. Don’t poke the bear.

[CreditInspired]

Medic981

I love your security freeze quote.

[LunaBuna]

What is the minimum payment on a 15K card, if it was maxed out?   Can a person with a 10K annual income cover that amount?    Not critical of the OP, just alwasy suprised at the limits some banks give persons.   Amazed at the lows and the highs.  I do not think I will ever come close to figuring out how SL's are determined.

[HeavenOhio]

I'd ask for 5K on the ED. If that doesn't work, wait out the 90 days and ask for 3X on the Magnet.

[Shadowfactor]

I’m pretty sure the limit is 3X the credit limit on Amex accounts.

Even if Amex would say give him 3X on the magnet, I doubt think there is anyway to get around the 3X limit hardcode for the ED but I could be wrong. I’m basing this off everything I’ve read and personal experience.

I would ask for a CLI on the Magnet card if I were to ask for a CLI at all. Maybe not 3X with that low of an income.
Then reallocate limits as I saw fit.

But you could be poking the bear asking for one at all. 15K is quite a large limit for someone who’s Income is that low. Especially if OP has other credit cards besides Amex