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Ask for amex x3 cli or wait?

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Anonymous
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Ask for amex x3 cli or wait?

I recently was approved for 3 cards all on the same day. One of which was the amex bce. I've read a lot of people asking for x3 cli upon activation. I'm a bit nervous to do so given the fact that I opened 2 other cards the same day. Should I give it a shot or wait? Don't want to start this relationship off on the wrong foot.

If it matters, I will be closing some of my accounts since I was able to add these 3
Message 1 of 20
19 REPLIES 19
Anonymous
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Re: Ask for amex x3 cli or wait?

Welcome to MyFico.  Congrats on all the approvals.. If you are nevous about asking then it is best to wait.  But asking now does not throw a wrench in your relationship with Amex whatsoever.

 

Also, the new account will report even if closed afterwards.  So keep it at least for a year to pad utilization.  How much was your Amex approved for?

Message 2 of 20
Anonymous
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Re: Ask for amex x3 cli or wait?


@Anonymous wrote:

Welcome to MyFico.  Congrats on all the approvals.. If you are nevous about asking then it is best to wait.  But asking now does not throw a wrench in your relationship with Amex whatsoever.

 

Also, the new account will report even if closed afterwards.  So keep it at least for a year to pad utilization.  How much was your Amex approved for?


This can be a good indication of your odds for a quick CLI.

Message 3 of 20
Anonymous
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Re: Ask for amex x3 cli or wait?

2k

Meant that I would close some of my old accounts that aren't worth keeping now. 1 cc and 1 consumer card.
Message 4 of 20
Anonymous
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Re: Ask for amex x3 cli or wait?

Forgot to add 12.9% apr after promo if that matters
Message 5 of 20
Anonymous
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Re: Ask for amex x3 cli or wait?


@Anonymous wrote:
Forgot to add 12.9% apr after promo if that matters

Yep, that definitely matters. That's the lowest interest rate, which means they like your profile. The $2K SL is a little low, but that may not matter. Hit it on activation.

Message 6 of 20
Anonymous
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Re: Ask for amex x3 cli or wait?


@Anonymous wrote:

@Anonymous wrote:
Forgot to add 12.9% apr after promo if that matters

Yep, that definitely matters. That's the lowest interest rate, which means they like your profile. The $2K SL is a little low, but that may not matter. Hit it on activation.


I agree with CAPTOOL.  But what are your scores and how many inquiries?

Message 7 of 20
Anonymous
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Re: Ask for amex x3 cli or wait?

BARCLAY fico 719
INQ 6-8
Message 8 of 20
Anonymous
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Re: Ask for amex x3 cli or wait?


@Anonymous wrote:
BARCLAY fico 719
INQ 6-8

What are the limits on your other cards? I am asking these questions to see why your starting limit is 2k.  They use the information in your entire file to make the initial decision as to how much to approve you for. So I hope you don't mind me asking..

Message 9 of 20
Anonymous
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Re: Ask for amex x3 cli or wait?


@Anonymous wrote:

@Anonymous wrote:
BARCLAY fico 719
INQ 6-8

What are the limits on your other cards? I am asking these questions to see why your starting limit is 2k.  They use the information in your entire file to make the initial decision as to how much to approve you for. So I hope you don't mind me asking..


And how old is your file? Short history could be a factor.

Message 10 of 20
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