Hi,
I just increased my wifes credit limit on her BCP from 20K to 50K. They approved it right away without any income verification, financial review or a request to fill out the 4506-T tax form. I requested 50K instead of 60K because I thought it's too much. Now I think that was stupid adn I should have gone for the 60K.
There are three possibilities why it went through like that:
1. good customer, always paid in full, member since 2013, high (self-) reported income
2. they changed their rules
3. they used the 4506-T they got from me last year when they raised my BCP limit from 22K to 65K
What do you think it was ?
@Ammer wrote:Hi,
I just increased my wifes credit limit on her BCP from 20K to 50K. They approved it right away without any income verification, financial review or a request to fill out the 4506-T tax form. I requested 50K instead of 60K because I thought it's too much. Now I think that was stupid adn I should have gone for the 60K.
There are three possibilities why it went through like that:
1. good customer, always paid in full, member since 2013, high (self-) reported income
2. they changed their rules
3. they used the 4506-T they got from me last year when they raised my BCP limit from 22K to 65K
What do you think it was ?
If your wife is on the tax forms you sumitted last year, then they most likely used that as a basis for approving the $50K
There are no hard rules about CL caps with AmEx that I am aware of. There are obviously the rumors of a $25k or $35k cap, but it definitely doesn't apply to everyone.
And yes, if you and your wife file jointly I am sure they have everything they need from the 4506t request and tax transcripts they received from it. If you file separately, they must just really like her. 
I'm thinking it was the form they already had in combination with the joint filing. Nice that you didn't have to go through that.
