Should I even attempt for the AMEX 3XCL?

[respect]

Hello everyone,

I am 21 years of age, 25k income, and score is hovering around 690. I applied for the AMEX Costco CC about 2 months ago, and was instantly approved for a 15,000 limit. The 61 day marker is approaching to where I am eligible for that famous 3X CL increase with Amex. My question is the credit limit they gave me is already 60% of my income, should I even attempt to ask for a increase to 45,000? Or try to settle for something like 20,000-30,000 range? 

I have another AMEX Blue Card, that has a 2k limit, that is coming up on its 61 day marker as well. I have a total of 5 other CC's with overall total aviavible credit line of around 40,000, including both of the AMEX cards. Oldest account is a little over a year old.

For those of you wondering, I would use these high credit limits. Put 10k on my AMEX during the Xbox One/ PS4 launch days.

Thanks

[Longroad]

$10K usage and $25K income. There could be red flags about to raise soon

[FocusedAndDetermined]

Welcome to the forums.

Asking for $45K at this point might be pushing it.  Why not get the Blue up to $6K?

[lg8302ch]

With a 25K income and a "mysterious" CL of 15K I would definitely hold off. But that is just me as I cannot understand the 15K CL with that income and I would not want to risk a CLD instead of a CLI ...but if you are a gambler you might try to 25K but for sure not 45K in my opinion...let us know if you are going for the gamble

[respect]

I've already paid off the 10k usage, due to the selling of all the xbox ones/ ps4s I was able to get my hands on. My credit utilization is under 10% as of right now. I might have it at 0, by the time it all reports. I think at this point, ill just push the Blue card up to 6k, and leave the 15k one alone. I was shocked myself to hear the 15k limit when I called into the automated system to see what I had received.

Maybe months from now I might push my luck to 20k or even 25k.

[enharu]

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@respect wrote:

I've already paid off the 10k usage, due to the selling of all the xbox ones/ ps4s I was able to get my hands on. My credit utilization is under 10% as of right now. I might have it at 0, by the time it all reports. I think at this point, ill just push the Blue card up to 6k, and leave the 15k one alone. I was shocked myself to hear the 15k limit when I called into the automated system to see what I had received.

Maybe months from now I might push my luck to 20k or even 25k.

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I say go for the full 3X and let them counter. 

They'll most likely ask you to submit tax docs however.

[Anonymous]

I have a similar income and I tried a 2x AMEX CLI.  Rejected.  YMMV.

[09Lexie]

Unless there's some compelling reason to increase the TE now, I would try the BCE. Then in six months try the TE, your history would be longer

[Anonymous]

Don't do it. It's a trap. *yawn*

[Anonymous]

I would definitely go for the increase on the lower limit card. Asking for a CLI on a 15k limit when your income is ~30k is crazy. Why should Amex give you 150% of your income on a single card? Getting the other card to a higher CL will make your profile look more favorable to other potential lendors.