I have posted this multiple times but requesting a CLI with Amex and being asked to provide income verification via the 4506-T form is not a FR (Financial Review), far from it. The 4506-T is purely income verification and when you are told to provide one if you want the CLI, there are 3 options. 1) Provide the form and I completely understand why there are many reasons not to do so, 2) Don't provide the form and keep your current limit or 3) keep lowering the amount of CLI that you are seeking until they no longer request the 4506-T. Note that all 3 of these choices are optional. A true Financial Review is completely different. If Amex is going to conduct an FR, they lock your account completely until you provide any requested documents (may include 4506-T) and if either you don't provide the documents or Amex is not satisfied with them they will either reduce existing limits or close out all of your cards. None of this is optional if you want to keep your account tin good standing.
It is important that we all try to use the correct terminology because I read over and over again about posters being afraid to request a CLI because they will be hit with a FR. While I suppose Amex could do one based on a CLI request, that is not what historically happens. So please apply for the CLIs when you are eligible and need one (certainly not all do) without fear of the dreaded FR.
