Re: Amex 3xCL counter offer

crunching_numbers · ‎06-02-2013

Well, I was just past the 6 month mark since the last CLI on my BCP card. Was at a CL of $9K. Asked for $25K (not willing to poke the sleeping dragon). I was counter offered $20,700. Well, I was happy with that (over double) and said yes. With the addition of the Cash+ card yesterday that is an additional $26.7K of credit. Not bad for the weekend's quest.

Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 844(9/15) EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 (9/15)EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (24.8K), BofA Travel Rew Sig (22.5K), B&N World MC (22.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (20K),United Mil+ExpSig (16.3K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig (8.6K), Disc It (16.4K), Citi Dia Pref MC (3.7K),Sam's MC (10K), Wally (7.5K), JCP(5.3K), Costco (2K)

myjourney · ‎06-02-2013

@crunching_numbers wrote:
Well, I was just past the 6 month mark since the last CLI on my BCP card. Was at a CL of $9K. Asked for $25K (not willing to poke the sleeping dragon). I was counter offered $20,700. Well, I was happy with that (over double) and said yes. With the addition of the Cash+ card yesterday that is an additional $26.7K of credit. Not bad for the weekend's quest.

Congrats Happy dance time WTG

Before you app think...
Have you done your research of the CC?
Does it fit your spending?
Do you have a plan for the bonus w/o going into debt?
Can you afford the AF?
Do you know the cards benefits? Is it worth the HP?

youngandcreditwrthy · ‎06-02-2013

Congrats!!
What are your stats? Like your FICO?

crunching_numbers · ‎06-02-2013

@youngandcreditwrthy wrote:
Congrats!!
What are your stats? Like your FICO?

FICO scores in the sig are accurate. Personal income $92k. Util is low, but probably around 10% (maybe a bit higher) because I have a few things I am carrying at 0%. I did a refi on my mortgage in 11/12, so there is an inq onall three from that, as well as a HELOC right after, so I have an inq from that as well. Other inq's were over a year old. I have a new inq from Cash+, but not sure which bureau they hit. AA of A is around 7 years. Been an AMEX cardholder since 1999.

Anything statwise that I missed?

Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 844(9/15) EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 (9/15)EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (24.8K), BofA Travel Rew Sig (22.5K), B&N World MC (22.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (20K),United Mil+ExpSig (16.3K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig (8.6K), Disc It (16.4K), Citi Dia Pref MC (3.7K),Sam's MC (10K), Wally (7.5K), JCP(5.3K), Costco (2K)

FocusedAndDetermined · ‎06-02-2013

Super congrats!

HiLine · ‎06-02-2013

Nice going! Congrats!!!

---> HiLine's personal finance blog - Follow my journey!

JonStur · ‎06-02-2013

@crunching_numbers wrote:
Well, I was just past the 6 month mark since the last CLI on my BCP card. Was at a CL of $9K. Asked for $25K (not willing to poke the sleeping dragon). I was counter offered $20,700. Well, I was happy with that (over double) and said yes. With the addition of the Cash+ card yesterday that is an additional $26.7K of credit. Not bad for the weekend's quest.

With the exception of slaying a few dragons and rescuing a princess, sounds like a great quest to me...

Starting Score: TU 595 EX 600 EQ 585
Current Score: TU 820 EX 825 EQ 812
Goal Score: 800 Club (Mission Accomplished)
Amex Platinum, Amex BCP $17.5K, 5/3 Sig $10K, Capital One Quicksilver 15K, Walmart 10K, US Bank Cash+ 15K, Sam's Club 10K, Chase Freedom $6K, Discover More $15K, Chase United Club MileagePlus $33K, Costco $6K, CapOne Quicksilver One $7K, Cap One Quicksilver $5K, Amazon $3K, Barclays $12.5K, Home Depot $7.5K, AppleCard $6K

vn25 · ‎06-02-2013

Curious how the counteroffer works did you call and talk to someone or did you do it online and it instantly gave you a counter?

crunching_numbers · ‎06-02-2013

@vn25 wrote:
Curious how the counteroffer works did you call and talk to someone or did you do it online and it instantly gave you a counter?

I did it online. They said that I was not able to get the requested CLI, but that I was elligible for the reduced amount, which brought my limit to $20,700. I just had to accept it. That was plenty, and will help dramatically with the utility on that card. I run about $1200 to $1800 a month through that card. That will keep me below the 10% mark now. (old limit was $9k)

Starting Score: 693 TU FICO, 679 EQ FICO
Current Score: FICO 8 = 844(9/15) EQ, 827 TU, 811 EX (7/15); mortgage FICO= 758 (9/15)EQ5, 797 TU4, 748 EX2 (7/15)
Goal Score: 750+, but shooting for the 800's
Hyatt Visa Sig ($23K), Amex BCP (24.8K), BofA Travel Rew Sig (22.5K), B&N World MC (22.3K), Amex RP Gold (NPSL w/ S&T), Cash+ Sig (20K),United Mil+ExpSig (16.3K), FNBO Visa (13.1K), Hilton Surpass (10K), Freedom Visa Sig (8.6K), Disc It (16.4K), Citi Dia Pref MC (3.7K),Sam's MC (10K), Wally (7.5K), JCP(5.3K), Costco (2K)

youngandcreditwrthy · ‎06-02-2013

That's awesome! Congrats again!!

Info def helps. I'm in a similar situation as you. I'll be happy if I get that amount lol! I get to request $25k tmrw!

Amex 3xCL counter offer

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Amex 3xCL counter offer