Wow!
I have had my Costco card for about 90 days. Just called for a CLI.
They took me from $10k to $22,200! Nice increase. 
So, I wonder. We may not renew membership at Costco. I wonder if they would allow this to PC to BC Preferred???
Ray
@RockinRay wrote:Wow!
I have had my Costco card for about 90 days. Just called for a CLI.
They took me from $10k to $22,500! Nice increase.
So, I wonder. We may not renew membership at Costco. I wonder if they would allow this to PC to BC Preferred???
Ray
Congrats on the CLI! However, I'm almost certain you can't PC out of a Costco Amex. If Amex tells you otherwise let us know!!
@RockinRay wrote:Wow!
I have had my Costco card for about 90 days. Just called for a CLI.
They took me from $10k to $22,500! Nice increase.
So, I wonder. We may not renew membership at Costco. I wonder if they would allow this to PC to BC Preferred???
Ray
That is a very nice CLI...if you don't mind me asking, how much do you spend monthly to get that kind of increased?
Thanks...
I will. It is like 9 months before the membership expires so I won't know anything for quite a while. And, if my wife wants to renew the membership....
I might give them a call to see what the options are though. I will report back!
Ray
I have run $1900 through this card since it was opened. That is all.
I was shocked that the jump was that big. I now have three cards with them, all back-dated to 1979...
Ray
I asked about 3 times just to make sure and he said yes.
But he also said the Preferred is the ONLY card they would allow the PC to.
I also stated my CLI ran the CL up to $22,500. I was wrong! It is $22,200... LOL. I am getting old and must not have heard correctly.
HTH -
Ray
@RockinRay wrote:I asked about 3 times just to make sure and he said yes.
But he also said the Preferred is the ONLY card they would allow the PC to.
I also stated my CLI ran the CL up to $22,500. I was wrong! It is $22,200... LOL. I am getting old and must not have heard correctly.
HTH -
Ray
That is a huge increased IMO....did they ask for any tax documents, etc?
What is your current util % and Fico?
Thanks, as the information provided will help others in obtaining CLI with Amex including myself
They have never asked for anything from me... I can prove my income though without a problem.
FICO are in the upper 790's right now. Oh so close to 800....
Util is around 20% - I know TOO HIGH but working on it!
Most likely will hit the magic 800 when I get the last card paid off... And, we just got approved with PSECU for their Visa / PSL with a $20k line so I am doing the cheap balance transfer to them to finish this last card up... I think it is 2.99% until the end of next year.
Honestly, I am not sure why Amex is so generous...
Now I will wait the 6 months and try again to see what happens...
Ray