cjm1991 wrote:Anyway, I have now gotten approved for $9,000 - American Express Blue Cash Everyday card (I didnt want the preferred b/c of annual fee despite the increase in rewards) (I don't do that much grocery shopping).
You probably should have considered the Sallie Mae. The BCE is rarely the best fit as far as maximizing rewards is concerned.
cjm1991 wrote:Cardmembers are NEVER suppose to ask for more then 25K that the max as I understood.
That's incorrect. Google 3x CLI and read up using the first hit. The source site isn't popular here but this particular guide does contain a lot of useful information and answers your questions. $25K is cited as a threshold where some end up going through income verification. However, not all do at $25K. Income verification isn't a big deal IMO. I just went through this recently though I was not requesting more than $25K on a card. I was going from $31.9K total to $45K total.
Some don't want to go through income verification. Some think it is too intrusive since AmEx uses the 4506-T.
cjm1991 wrote:My question is should I do this and follow this rule or what is everyone's advice.
Given that it's based on a soft pull, that they will counter if you qualify for a lower CLI, and that you can request another CLI in 90 days if denied I'd say go for 3x. However, you need to consider your preferences and priorities as well. If you're also 4506-T averse then you may want to stay under $25K.