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How do you go from say 5k to 10k limits?

tag
elim
Senior Contributor

Re: How do you go from say 5k to 10k limits?

you app for Lowes or Venture or USAA

Message 21 of 26
Parisminirose
New Visitor

Re: How do you go from say 5k to 10k limits?

Does American Express even report to the credit bureaus?

Message 22 of 26
Anonymous
Not applicable

Re: How do you go from say 5k to 10k limits?


@Anonymous wrote:

How do you go from say 5k to 10k limits?

 


You just ask!

Citi from $1,200 to $20,000

FIA from $5,000 to $10,100

Amex from $5,000 to $15,000 ("automatic" 3xCLI)

Amex from $2,800 to $8,400 ("automatic" 3xCLI)

Chase from $8,000 to $19,500 (by closing CSP and having its CL transferred to the Freedom)

etc etc

Message 23 of 26
Revelate
Moderator Emeritus

Re: How do you go from say 5k to 10k limits?


@Parisminirose wrote:

Does American Express even report to the credit bureaus?


Personal tradelines yes.

 

Business, only if you screw up Smiley Happy.




        
Message 24 of 26
Themanwhocan
Senior Contributor

Re: How do you go from say 5k to 10k limits?


@NRB525 wrote:

Do you have an AMEX revolver yet, such as the no AF Every Day or Blue Cash ED? Regardless of initial CL, with the 3X CLI program, you will be able to get the card to $10k+ in a matter of a year, outside. Start at $1k, for example, goes to $3k in 61 days, then $9k 181 days after that. If you get $2k (not unreasonable if you have 700+ scores and already at $5k with others) then $2k - $6k - $18k. You get the idea.


I got an American Express Blue Cash Everyday on 4/20/2013 with a $2000 starting limit. I don't use the card much at all, I know I bought a $997 HDTV set once, but other than that its been low usage or no usage.

 

I've requested SP CLI's regularly, and as of this morning, April fools day 2015, my limit on the BCE card is now $30,000. One way to get high limits is to already have high limits. Another is to have a card from several companies that do SP CLI increases, such as American Express, Discover (after 1st year), and FNBO (only if you call and ask if there is a pre-approved CLI offer).





TU-8: 804 EX-8: 805 EQ-8: 788 EX-98: 767 EQ-04: 752    
TU-9 Bankcard: 837 EQ-9: 823 EX-9 Bankcard: 837
Total $443,800
Message 25 of 26
Anonymous
Not applicable

Re: How do you go from say 5k to 10k limits?

Credit unions are better if your looking for high limits . DCU , Navy , NASA , Penfed are the best route to 25K limits .
Message 26 of 26
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