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After 61 days with a new Amex, we can ask for a CLI of up to 3x the current CL. My question is, is the INCREASE 3x or the new TOTAL CL 3x?
In other words, my current CL is $2k. So, in April, will I be asking for a $6000 INCREASE (which would mean new CL of $8000) or a NEW CL of $6000 (which would be a $4000 increase)?
Thanks!
New total CL is 3x, i.e. from $2000 to $6000.
Keep in mind they won't necessarily give you the full amount you're asking for - they may give you nothing or a counteroffer.
Of course if you have the credit/income to support it I don't see why they wouldn't entertain a larger CLI, although you may need to show proof of income, etc.
@Anonymous wrote:New total CL is 3x, i.e. from $2000 to $6000.
Keep in mind they won't necessarily give you the full amount you're asking for - they may give you nothing or a counteroffer.
Of course if you have the credit/income to support it I don't see why they wouldn't entertain a larger CLI, although you may need to show proof of income, etc.
Thanks! I know it's not a guarantee. I just want to know what is possible.
No problem! Congrats and enjoy your new card
Just remember.... It's 61 days from activation.
I have been trying to get a CLI on my Amex Blue that I opened 365+ days ago. Nothing!
Amex hates me
My friend just did a CLI from 2000 to 6000. 6000 was the amount he asked for. Maybe he should have made it higher so the counter would be higher too?
@hedgeclipper2 wrote:I have been trying to get a CLI on my Amex Blue that I opened 365+ days ago. Nothing!
Amex hates me
You and me both!
Just got denied a CLI on my 5 month old BCE. Oh well, I'll try again in 91 days...
@hedgeclipper2 wrote:I have been trying to get a CLI on my Amex Blue that I opened 365+ days ago. Nothing!
Amex hates me
It's based on total available credit (across all cards) to income. I can't get one too even though my utilization is 4-5% most of the time, since my total credit almost = my income.
Ironically, I applied for a 2nd Amex and it was approved with a much higher starting CL, effectively tripling my available credit with Amex but spread across 2 cards. So go figure!