I seem to be stuck at 45k. I think that's because my spend with Amex is minimal these days
@Dennis885 wrote:Opened an American Express Blue Cash Everyday card a few years ago. Initial limit was $8000. I requested and increase about a year ago and got my requested amount ($12,000). Today I figured why not request another increase and was again approved for my requested amount ($15,000).
Being auto approved for my full requested amount twice in a row now has me wondering if I should have requested a higher amount once or both times. Obviously I can't request again for 6 months, but is there a limit on this card?
I found a ten year old post that claimed you could get up to $25k limit through the automated system, and beyond that they really dove into your finances. Still accurate?
My first year BCP was 1k shortly before 12 months and pc to BCE they gave me 3k, every 90 days since they have given me a 3x increase... my last cli was 27k to 50k I chickened out on the 3x increase and all of this was no poi... in 24 months I had 50x increase no questions asked.
I have heard 35k was a soft poi meaning you can bypass it if you currently qualify for a limit increase and are already close as I was in my case.
I have also heard you cap out around 2/3 your income on the credit cards YEMV.
The current guideline of $35K or less before having to provide POI (or $25K many years ago) are/were data points that appear to apply in many cases for the mainstream consumer. However, they are *NOT* ironclad rules and YMMV based on credit file and personal profile factors to include income, spending levels, and debt loading.
I've seen data points in the past couple of years of members hitting the POI point at $35K or some point higher. Mine came at $75K (personal) although it wasn't POI so much as just requesting permission to access my bank account. My total AMEX exposure is $95K ($75K personal; $20K business) even though that is far less than the "2/3 your income" suggestion stated above. (Current household income is in the mid-six figures.) Again, not saying that AMEX doesn't use "percentage of income" as one part of their formulation, but if they do it's not always the controlling factor.
AMEX did approve one new card after I hit $75K personal/$10K business which brought me up to $95K with no request for POI.
Since I hit the above limits, all my CLI requests have asked for banking statements. Personal cards ask for personal bank records and business cards ask for business bank records. I reluctantly gave access to personal bank records *ONCE*. They annoyed me by declining afterward based on "lack of sufficient spend on my cards" which they knew before they asked to intrude into my banking. 
So they could have just denied it without my banking access.
The cash flow is an interesting angle. I have many accounts which unfortunately dilutes my apparent cash flow, but I didn't try to give them access to multiples. The one account I gave them access also had high balances but not high cash flow. I thought the balances would please them, but maybe the CASH FLOW is the more valuable metric to shoot for. This has given me an idea based on my planned banking activity which might help to trigger a future CLI. If successful, I will post about it.
By the way, I started a thread topic in March 2023 which discusses >TCL data points with AMEX and Chase<. There may be some useful data points to glean from those postings if anyone cares to read.
@Aim_High wrote:The current guideline of $35K or less before having to provide POI (or $25K many years ago) are/were data points that appear to apply in many cases for the mainstream consumer. However, they are *NOT* ironclad rules and YMMV based on credit file and personal profile factors to include income, spending levels, and debt loading.
I've seen data points in the past couple of years of members hitting the POI point at $35K or some point higher. Mine came at $75K (personal) although it wasn't POI so much as just requesting permission to access my bank account. My total AMEX exposure is $95K ($75K personal; $20K business) even though that is far less than the "2/3 your income" suggestion stated above. (Current household income is in the mid-six figures.) Again, not saying that AMEX doesn't use "percentage of income" as one part of their formulation, but if they do it's not always the controlling factor.
AMEX did approve one new card after I hit $75K personal/$10K business which brought me up to $95K with no request for POI.
Since I hit the above limits, all my CLI requests have asked for banking statements. Personal cards ask for personal bank records and business cards ask for business bank records. I reluctantly gave access to personal bank records *ONCE*. They annoyed me by declining afterward based on "lack of sufficient spend on my cards" which they knew before they asked to intrude into my banking.
The cash flow is an interesting angle. I have many accounts which unfortunately dilutes my apparent cash flow, but I didn't try to give them access to multiples. The one account I gave them access also had high balances but not high cash flow. I thought the balances would please them, but maybe the CASH FLOW is the more valuable metric to shoot for. This has given me an idea based on my planned banking activity which might help to trigger a future CLI. If successful, I will post about it.
By the way, I started a thread topic in March 2023 which discusses >TCL data points with AMEX and Chase<. There may be some useful data points to glean from those postings if anyone cares to read.
I have said it before and still believe it, POI and IVES, request are less about approvals and more about snooping follow on products.
@Beefy1212 wrote:I have said it before and still believe it, POI and IVES, request are less about approvals and more about snooping follow on products.
To be clear, @Beefy1212, are you saying that AMEX tracks snooping other credit products on their website and equates that to a higher risk, similar to how other lenders might interpret credit-seeking behavior from new accounts or inquiries, even if someone is just looking at AMEX cards? That's an interesting proposal, but I suppose entirely possible. However, in my case, I don't believe my snooping of new cards changed from before or after when they began asking for banking access. In the past six months, I've continued to be asked for banking access even though I've not been looking much if any at new AMEX cards or SUBs. It appears to me that once you get on their list for banking access, you may stay there until they see whatever it is they are looking for.
@Aim_High wrote:
@Beefy1212 wrote:I have said it before and still believe it, POI and IVES, request are less about approvals and more about snooping for follow on products.
To be clear, @Beefy1212, are you saying that AMEX tracks snooping other credit products on their website and equates that to a higher risk, similar to how other lenders might interpret credit-seeking behavior from new accounts or inquiries, even if someone is just looking at AMEX cards? That's an interesting proposal, but I suppose entirely possible. However, in my case, I don't believe my snooping of new cards changed from before or after when they began asking for banking access. In the past six months, I've continued to be asked for banking access even though I've not been looking much if any at new AMEX cards or SUBs. It appears to me that once you get on their list for banking access, you may stay there until they see whatever it is they are looking for.
Sorry missed a word there the POI request is snooping for additional products to sell you.
One of the most valuable products on the market today is your (our) data. My tax returns from 2 years ago have no bearing on a credit card application, but... "hey we noticed you have 250k invested with BOA, want to take a look at our investment services?" Is worth it to them. The application or CLI is just the excuse. I highly doubt Amex one day goes holy "organic fertilizer" aim_high has 95k credit with us and runs tens of thousands a year through our credit products we couldn't possibly give them 10-15k more credit until we can crawl all the way through their banking history. Sure maybe you could make a case for wanting to see proof of income on a new relationship wanting a buttload of credit but a years long relationship, with numerous cards and a history of the volume and value of transactions... come one they know who you are and what they are willing to give you. They want to see what else they can sell you.