@elixerin wrote:
@Remedios kill me😵
🤦♀️
You are making Amex very nervous since the day you were approved.
While age discrimination is prohibited, pooling demographic data to establish the risk per group, is not.
So, there you are, new kid on the block, reaching for the stars.
There was significant mixing of business and personal spend, and a large spend at that.
Amex already fussed several times, so they probably arent the best choice to carry balance on long term, regardless of 0% promo.
While I frequently fuss about their adaptive algorithm, it typically gets it right. They dont want to drop you as a customer, but at the same time, you got eyes on you.
You've had more "issues", or I should say, Amex has had more issues with you in 4 months than most people who've had their cards for decades.
When balance on Freedom ireports , it will be compounding to your issues. There is no field on CR that says "0% promo, customer will pay"
All they will see is escalating balance on freedom that isnt even two months old.
You will making it look like you're robbing Peter to pay Paul.
Your credit is new. An infant in credit time. You're spending unusual amounts for someone in your age group. You're self employed.
I dont know is they will approve your CLI, but I doubt very much they will triple it.
Let's hope I'm wrong, but what do you think will change between today and your request?
I really think you should approach your credit a bit more cautiously. You've tried credit yolo, it's not working out with Amex, or at least not yet.
I really doubt most people would get cld when paying $350 on $6000.00, while paying in full on the other account.
Because you have the money, PIF while building history, not just with them, but other lenders, too.
I doubt anything will happen with Chase limit, Chase is a different animal altogether, and even they asked for POI.
Again, age group, income, length of history are not in synch.
I wouldn't use Amex to carry balance at this time. Might seem like a waste of promo, and it is, but again, you need to remember you had multiple denials prior to approval, you've went rounds with them over Platinum, and now they have circled back to Magnet.
Then, there was that fraud issue, and while I'm not doubting your story, it was a head scratcher and probably made Amex computer reboot itself.
This isnt common behavior for them, but it's a theme on your profile.
You need time. Nothing but time will solve your issues. During "the time", you need to be on your best behavior.
Temper your expectations from Amex. While they love money (which lender doesnt), that love for money will be overridden by "fear" of experiencing the loss or additional thousands in fraud, because that already happened on your account.
Up to you how you want to proceed. I'd start acting like I belong in general population, and not in solitary confinement.
