While the AMEX 3x CLI program offers cardholders an easy way to build a CL, AMEX is doing this on the hope that the cardholder uses the card.
You can ask for $100k, a large portion of that may be allowed, but if you don't utilize some large portion of that and PIF to reduce their risk, AND you expand other CC CL, do not be surprised if that large AMEX CL is CLD to a much lower amount than even now. AMEX (and all other CCC) can be expected to react, on the basis of their own internal models, to reduce their real or perceived credit risks.
Easy come, easy go.
@fungoman wrote:I agree, and this is why I dont really need a CLI. I have plenty of available credit between this and other cards. I may ask for 50k just to do it, or I may hold off. I just can't decide.
Go ahead and ask for the $50k, in all seriousness. It is bugging you. It's only a magical number anyway, it is not real like if you were contemplating charging a large amount on the card, so there is no harm in asking. By asking, you will both get it out of your system and find out what AMEX will grant you.
In the pre-2008 days, I had several cards which were in the range of $30k CL, on lower annual income, and all those large cards were CLD due to large balances. At the end of the day, CLI and CLD are both part of the credit game; they don't mean anything by themselves. What matters is if you get the CL you actually need, and if you don't, if you have limits to your available credit, then you just have to cut back on your borrowing.
