REASON DECLINED CL AMEX

dangphuocloc72 · ‎12-12-2007

We regret to inform you that your request has been declined for the following reason(s) :

Our bank policy does not permit us to increase the line of credit on your account within thirty days since opening this account or within six months since increasing the line of credit on one of your existing American Express accounts .

I remember when I apply Amex some one told me in 6 you can ask cl increase up to 25k . 1 month $2500 , 2 month $5000 , 3 month $7500 , 6 month 24999.00 . is this True ? or they already changed policy ?

any way still happy with my CL . and done so far for F/R .

happy holiday everyone . good luck all . hope you guys don't max out for holiday .

Anonymous · ‎12-12-2007

dang, they did change the policy. as the response indicated 30 after activation, then 6 month intervals now.

haulingthescoreup · ‎12-12-2007

They have recently changed their policies. If I have remembered all the discussion correctly, you can now ask for a CLI at activation or within one month, then every 6 months.

Everyone seems a bit unsure about the timing on that first one, though.

* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007

dangphuocloc72 · ‎12-12-2007

oh I didn't know that . Just hit one more love yesterday . wait for mail . lolz . ok wait for 6 month then hit love 20k right . lolz . thanks you guys .

fused · ‎12-12-2007

Hopefully this policy change will help reduce the number of FRs.

Anonymous · ‎12-12-2007

@fused wrote:
Hopefully this policy change will help reduce the number of FRs.

good point - that would be nice for them to be more proactive rather than reactive-

atldragon · ‎12-13-2007

OK,

Just to be clear, If I have 2 AMEX credit cards, and I recently received a CLI on one card, I have to wait 6 months to get a CLI on the other card?

Anonymous · ‎12-13-2007

atldragon wrote:
OK,

Just to be clear, If I have 2 AMEX credit cards, and I recently received a CLI on one card, I have to wait 6 months to get a CLI on the other card?

i received a cli on 10/7. i asked for a cli on 11/8 and was told no longer available at 30 day intervals, as of 11/1/07 you must wait 6 mothns between cli requests.

atldragon · ‎12-13-2007

dnm45227 wrote:

i received a cli on 10/7. i asked for a cli on 11/8 and was told no longer available at 30 day intervals, as of 11/1/07 you must wait 6 mothns between cli requests.

Was this on the same card or a different card?

Anonymous · ‎12-13-2007

atldragon wrote:

dnm45227 wrote:

i received a cli on 10/7. i asked for a cli on 11/8 and was told no longer available at 30 day intervals, as of 11/1/07 you must wait 6 mothns between cli requests.

Was this on the same card or a different card?

same and only card.