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@jpnelly wrote:
Go to profile and preferences and select more options. Under account management there should be an option to manage credit limit. If you are eligible you can request a cli online. That is what i did.
I did:
Technically, yesterday was Day 61 for me, technically.
But I had great doubts that I would be able to do it, and wanted to wait a few more days. I'll check this way again in a day or two.
Does a 3X CLI on an AMEX Card with a 2K limit = ask for 6K more, for a total of 8K? Or just tripling your 2K limit to 6K?
You ask for 6K, triple your current limit amount.
Technically, I could ask for 28,500...
@OhioCPA wrote:
I believe the system tells you 3X up to 25K. So while 28.5K wouldn't exceed 3X it would exceed the 25K limit.
I know, hence the technically. I'm only going to ask for 21.5K.
goodluck with that. i am abbout to close my amex gold. from no preset limit, they cut me to 3k last yr march. i have been calling every quarter and they wouldnt restore my no preset limit. after a yr they raised by $500. they are stingy with limits and only give half cent per dollar which is the worst reward ever. i never owed but always paid in full. i now have better cards with better rewards and cl. goodbye amex
@Anonymous wrote:
@OhioCPA wrote:
I believe the system tells you 3X up to 25K. So while 28.5K wouldn't exceed 3X it would exceed the 25K limit.
I know, hence the technically. I'm only going to ask for 21.5K.
Wouldn't asking for 21.5K increase your 9.5K limit to 30K, which exceeds the 25K limit?
And to make sure that I understand what to request on my 2K card, I'm going to ask for 6K, which will increase my limit to 8K, right? Are there any tips or strategies related to assuring that you get approved for the 61 day CLI? I'd assume that charging as much as I can sensibly afford and paying that in full each month would be the best idea... and keeping your other accounts in low utilization of course.
@readyfireaim wrote:
@Anonymous wrote:
@OhioCPA wrote:
I believe the system tells you 3X up to 25K. So while 28.5K wouldn't exceed 3X it would exceed the 25K limit.
I know, hence the technically. I'm only going to ask for 21.5K.Wouldn't asking for 21.5K increase your 9.5K limit to 30K, which exceeds the 25K limit?
And to make sure that I understand what to request on my 2K card, I'm going to ask for 6K, which will increase my limit to 8K, right? Are there any tips or strategies related to assuring that you get approved for the 61 day CLI? I'd assume that charging as much as I can sensibly afford and paying that in full each month would be the best idea... and keeping your other accounts in low utilization of course.
NO... If you have a 2K card you can ask for a total credit line of 6K (an increase of $4000) 6k is 3x your current 2k credit limit, and that is the max. Do not ask for 8K or you will get denied.
@Ridbidge wrote:
@readyfireaim wrote:
@Anonymous wrote:
@OhioCPA wrote:
I believe the system tells you 3X up to 25K. So while 28.5K wouldn't exceed 3X it would exceed the 25K limit.
I know, hence the technically. I'm only going to ask for 21.5K.Wouldn't asking for 21.5K increase your 9.5K limit to 30K, which exceeds the 25K limit?
And to make sure that I understand what to request on my 2K card, I'm going to ask for 6K, which will increase my limit to 8K, right? Are there any tips or strategies related to assuring that you get approved for the 61 day CLI? I'd assume that charging as much as I can sensibly afford and paying that in full each month would be the best idea... and keeping your other accounts in low utilization of course.
NO... If you have a 2K card you can ask for a total credit line of 6K (an increase of $4000) 6k is 3x your current 2k credit limit, and that is the max. Do not ask for 8K or you will get denied.
+1
@Ridbidge wrote:
@readyfireaim wrote:
@Anonymous wrote:
@OhioCPA wrote:
I believe the system tells you 3X up to 25K. So while 28.5K wouldn't exceed 3X it would exceed the 25K limit.
I know, hence the technically. I'm only going to ask for 21.5K.Wouldn't asking for 21.5K increase your 9.5K limit to 30K, which exceeds the 25K limit?
And to make sure that I understand what to request on my 2K card, I'm going to ask for 6K, which will increase my limit to 8K, right? Are there any tips or strategies related to assuring that you get approved for the 61 day CLI? I'd assume that charging as much as I can sensibly afford and paying that in full each month would be the best idea... and keeping your other accounts in low utilization of course.
NO... If you have a 2K card you can ask for a total credit line of 6K (an increase of $4000) 6k is 3x your current 2k credit limit, and that is the max. Do not ask for 8K or you will get denied.
Have you had any issues with getting cli's with Amex due to the number of your tradelines?