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So tonight I submitted a CLI for AMEX, with the intent of doing the 3X. Current CL is $1K. I accidentally requested $30K! Obviously I added in one too may zeros. What should I do? I'm fairly confident this will get rejected. I just don't want tohave to wait another 180 days.
@tre_ wrote:So tonight I submitted a CLI for AMEX, with the intent of doing the 3X. Current CL is $1K. I accidentally requested $30K! Obviously I added in one too may zeros. What should I do? I'm fairly confident this will get rejected. I just don't want tohave to wait another 180 days.
You can resubmit or wait until they counter. If denied its 90 days not 180 days.
Oh this will be an interesting result.... who knows maybe you will get more than the 3 x CLI ? ... Good luck!
If they approve your 30x credit limit increase there will be a rush of people from myfico running to hit submit
@Poliscidoc wrote:If they approve your 30x credit limit increase there will be a rush of people from myfico running to hit submit
YOU will be our new HERO!!!!
Haha please report back!!
*Grabs popcorn*
Haha...that would be the greatest thing ever. So far I've heard nothing one way or the other. Will let you all know the outcome.
@tre_ wrote:So tonight I submitted a CLI for AMEX, with the intent of doing the 3X. Current CL is $1K. I accidentally requested $30K! Obviously I added in one too may zeros. What should I do? I'm fairly confident this will get rejected. I just don't want tohave to wait another 180 days.
Requests for amounts over the 3X CL would get only up to the 3X CL, if approved.
Addressed in the 3x CLI thread (a must read):
http://ficoforums.myfico.com/t5/Credit-Cards/The-Definitive-Amex-3X-CLI-Guide/m-p/1811071
Update: Requesting CLI > 3X no longer results in automatic denial. If the account is eligible for CLI, then new limit is counter offered keeping the 200% cap in effect(meaning CLI counter offered will not exceed 3X current limit under any scenario)