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How fast can AMEX CL grow?

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electra
Established Contributor

How fast can AMEX CL grow?

I apped for AMEX BCP last Thursday and was in pending state until I called today. Turns out that I still had a fraud alert on EX that I thought had been removed.  So, just had to answer some questions and verify phone and now APPROVED!

 

So, that's the good news, the bad news is the CL.  $1000   What am I supposed to do with that??

 

I know that at 61 days you can ask for a 3X CLI but is that the max?  $3k would still be a pretty crappy CL for me.  How quickly can this grow?  Can I ask for 3X every 61 days?

Message 1 of 17
16 REPLIES 16
Anonymous
Not applicable

Re: How fast can AMEX CL grow?

I believe it's also determinant on your income as well, and how much CL it can support. After that 3X, I believe it's 90 days to another. But don't quote me on the second part.

Message 2 of 17
b_seeker
Frequent Contributor

Re: How fast can AMEX CL grow?

61 days for the first CLI. 6 months for the each CLI after that. 

 

At least, I think that is how it works. There are some little things about that to keep in mind with multiple cards  but you only have one it seems.



|| Barclaycard Rewards Visa $5500 || AMEX BCE $2000 || Discover IT $3000 || Amazon Rewards Visa $1800 ||
|| Chase Freedom $2700 || CSP $5000 || Chase Marriott Premier $7500 || Sallie Mae MC $3800 ||

FICO Scores: EX 752 (3/13/13) || EQ 782 (10/4/13) || TU 724 (1/18/13)

In the garden as of 10/12/2013
Message 3 of 17
Anonymous
Not applicable

Re: How fast can AMEX CL grow?


@b_seeker wrote:

61 days for the first CLI. 6 months for the each CLI after that.


Oops. Stand corrected.

Message 4 of 17
b_seeker
Frequent Contributor

Re: How fast can AMEX CL grow?


@Anonymous wrote:

@b_seeker wrote:

61 days for the first CLI. 6 months for the each CLI after that.


Oops. Stand corrected.


We should wait for some additional input on this but I thought that the 90 days was if Amex denied the CLI.



|| Barclaycard Rewards Visa $5500 || AMEX BCE $2000 || Discover IT $3000 || Amazon Rewards Visa $1800 ||
|| Chase Freedom $2700 || CSP $5000 || Chase Marriott Premier $7500 || Sallie Mae MC $3800 ||

FICO Scores: EX 752 (3/13/13) || EQ 782 (10/4/13) || TU 724 (1/18/13)

In the garden as of 10/12/2013
Message 5 of 17
Lambo23
Frequent Contributor

Re: How fast can AMEX CL grow?

61 days 3x CLI. After that, every 6 months 3x CLI. They will counter if not approved for full 3x.
Message 6 of 17
electra
Established Contributor

Re: How fast can AMEX CL grow?

Thanks! My income is north of $200k so I was really surprised at the $1k CL.  I guess it's because of my old tax liens.  

 

So, at 61 days ask for $3k?  

 

Then 6 months after that I can ask for $9k or can I ask for more?

Message 7 of 17
Anonymous
Not applicable

Re: How fast can AMEX CL grow?

Message 8 of 17
Anonymous
Not applicable

Re: How fast can AMEX CL grow?


@Anonymous wrote:

We should make a sticky on this!  Let's call it:

 

http://ficoforums.myfico.com/t5/Credit-Cards/The-Definitive-Amex-3X-CLI-Guide/td-p/1811071

 

 


LOL, no need to be sassy. 

Message 9 of 17
electra
Established Contributor

Re: How fast can AMEX CL grow?


@Anonymous wrote:

@Anonymous wrote:

We should make a sticky on this!  Let's call it:

 

http://ficoforums.myfico.com/t5/Credit-Cards/The-Definitive-Amex-3X-CLI-Guide/td-p/1811071

 

 


LOL, no need to be sassy. 


 

Guess I deserved that.  Didn't bother to check the stickies...

Message 10 of 17
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