Not so YAY! for AMEX Blue Cash approval

[eagle2013]

Wait... You can only get one 3x cli as an amex customer regardless of how many cards you have??

[Down_2Bizness]

Same thing I'm questioning. Didn't realize the 3X CLI was a one-time deal. Heading back to re-read the definitive guide again..

[Genkeim]

The 3X CLI is always allowed, it's the timing of it that changes.

You're eligible for your first CLI 61 days after the account is opened. If you are denied you have to wait 90 days before requesting another, if you are approved you have to wait 6 months before the next request.

These dates apply across all of your Amex cards. For example if you have a BCE that was opened in Jan 14 and BC that that was opened in Apr 14 you can ask for a 3X CLI on the BCE since it has been opened for more than 61 days. If it is approved you can't ask for another CLI on ANY of your Amex cards for 6 months. So even when the BC hits 61 days you can't ask for a 3X CLI. 

Hope that clears it up somewhat.

[longtimelurker]

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@Fico2Go wrote:

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@longtimelurker wrote:

Which to go for depends on your planned usage levels.  If you can get $6K after your next CLI, that is a sort of useful amount on the BC.  If you are willing to wait on the BC, you can take the CLI on the BCP, and then transfer when available.  The thing to remember is the $6.5K per year requirement on the BC, if you cant easily meet that because of the low CL it may not be worth using until the CL is up.

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LTLurker, three points.  

1:  The 6.5K initial spending can be completed in one month's time for me.

2:  I've already maxed out on the BCP's $6000 supermarket limit.

3.  My next eligibility date for CLI is August 2014.

Seems waiting to 3X the BCP is the best strategy but I don't like to max out my CL on the new BC more than twice a month.  

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Right, of course you can meet  the spend quickly, it is precisely the multiple use of CL that is the danger.