Taking the AMEX counter offer

[MontegoMack]

I went for the 3x CLI on my BCP and they countered with 2x. I took it. 

What's the rule of thumb?

Do most people take the counter offer or skip it for the later attempt?

[MontegoMack]

Looks like I need to start swiping my BCP more. 

[SomewhereIn505]

I took mine when offered 2x. I figured it’s better than nothing. 

You do do make a valid point about swipping more. I’m coming up on another 6 months and I’m thinking of holding off to A) lower my overall utilization, B) move auto pays over to BCP, C) up those swipes. 

[Peteyglad]

I will generally take it unless the counter offer is super low. Then I wait a month and try again.

[K-in-Boston]

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@MontegoMack wrote:

I went for the 3x CLI on my BCP and they countered with 2x. I took it. 

What's the rule of thumb?

Do most people take the counter offer or skip it for the later attempt?

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Unless you think your profile and relationship with Amex is going to change drastically over the next few months, you may as well always take their counter-offer and set a calendar reminder for 181 days after to ask for a 3x again.

[Anonymous]

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@MontegoMack wrote:

I went for the 3x CLI on my BCP and they countered with 2x. I took it. 

What's the rule of thumb?

Do most people take the counter offer or skip it for the later attempt?

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Most people take the counter offer.  What is the other option wait two months and then you get the same 2x and then you have to wait 8 months instead of 6 months to get your next CLI?  I started out with 2 1k cards.  First card got triple at 2 weeks to 3k.  Then asked for 3x at 6 months later and got 2x to 6k.  Then 4 months later I  opened another Amex card and got a 25k limit on it.  I think your best best bet is to use the card if your credit score improves get another credit card. You can have 5 AMEX credit cards plus as many charge cards as you want.  

[shoegal]

I took the counter offer on the Everyday and the next day Amex autocli the BCE so to me that’s a win.

[AverageJoesCredit]

I take what they give . Alot of issuers dont even offer free cli so why spurn it. Good thing they aren't Capitol One where they will offer $100 lol. Remember too 3x is by no means guaranteed. Alot depends on profile usage and income. Haven't been able to snag a 3x since my first month but an extra k for me is an extra k in spending power