@Anonymous wrote:
@JSS3 wrote:
@Anonymous
Not today. Please.Ditto
His friends sure are unlucky. 
I'll check my accounts even though I haven't applied for anything in nearly 2 months.
@Anonymous wrote:Looks like amex reduced my total lines to 2k for two cards. When I called they cited that I had gotten some new accounts. I have gotten 3 new accounts in the past 2 months but I think the main reason they cut it is since I havent been a big spender on it. Overall I dont need the cards so im pretty much fine with 2k and will continue to use them for certain things.
If you have amex it seems like they really want the cards to be used to the fullest(safely of course). Ive been mainly using my cap1 business card and that limit increased already.
Sorry to hear OP, never fun to see your cards CLD, and I've had plenty.
My take on AMEX is, they are happy to give out 3X CLI, but as some others have noted, ya gotta have the spend to run with the big dogs. No spend? Then you weren't really running with the big dogs anyway.
CLI, CLD, Easy come, Easy go.
My suggestion: Don't close the accounts. They are only smaller limits. If you want larger limits again, show some usage on the accounts and 6 months, a year from now you should be fine to get CLI again, if you need it. Or perhaps you won't need it, just minor use at the existing limits will be adequate for your needs.
Someone made a comment that the group here is different from the general population. That's true. The general population doesn't go from having a starter $300 card to figuring out how to get "in with AMEX" and then growing to a $9k or $20k limit in a short time, along with getting 10 other cards. Yet that sort of file growth can alarm many CCC. Each file has limits at any point in time. Over a longer period of time, those limits grow naturally. Trying to go too fast, not advisable.
Good luck!
This post makes me worry about my BCE card, since its in the SD and I am putting spend on my Amex Everday instead. Originally with the BCE I was going to move the line over to my Everyday and then close it out. Now with backdating by amex gone I am more inclined to keep the BCE open long term.
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@Anonymous wrote:
@CreditCuriousity wrote:Ya kinda weird two reportings on such a small community.. Certainly wouldnt want my big Amex CL slashed, granted I put between 500-1k a month on it, but certainly not all my spend.
Not weird when you think that, while it's a small community, it's a community of people active in regard to their credit and often credit seeking. That seems to be the common thread between the two. (new accounts)
+Many! From a lender's perspective, AA happens to outliers.
This is a community of outliers from a consumer credit perspective.
Incidents of AA are almost without question going to show up here and a few other places before the market as a whole if it ever does. That said if it were some global cutback either on new accounts or unused limits we'd be seeing a lot more reports here I think, 2 does not a pattern make even with our skewed, boundary-pushing population is my thinking given how many of the members (and members gone for a while that would come back and scream bloody murder if a CLD happened to them) have non-trivial Amex lines without much use on them.
If they slash my 9K BCP which doesn't get used heavily, I'll be OK. When I'm capped by 6K grocery rewards, if I can fit a $500 pair of shoes from Nordstrom's on it, I'll be OK with a dramatically less CL; however, honestly I'm not expecting that to occur with my profile but I've been wrong before on lender directions and it'll happen again 
Amex never smacked me from my sprees in the past, and I'm not going to change my behavior worrying about what Amex might or might not do.
