- Platinum Member
- Posts: 93
- Joined: Thu Nov 06, 2014 11:53 am
- Location: United States
Is it possible to make these requests in writing, so that there is a correspondence trail, where the respondent on the AmEx side is on record, where proof can remain extant of lack of follow through?
How does one know that 61 days is the required waiting period for making a CLI request?
Are there other requirements (beyond simply credit in good standing) to making a CLI request?
If an AmEx charge card already requires payment in full every month, and you paid in full every month for at least four months now (61 days plus two months, according to your posts), what other factors would AmEx need to consider in order to raise your CLI? Presumably, you've already proven your ability to charge and pay on time responsibly.
I just opened a new AmEx card this week, and no where on the application did they ask me what kind of credit limit I was seeking. There was no provision to make the request. When the application was approved (online, instantaneously, scary) they granted me a 24K limit. Is it a good idea to request a CLI in 61 days?
One poster on this forum recently said that he/she requests that the card issuer REDUCE their credit limits. What is the beneficial strategy behind that? Maybe it is a good idea for the OP to leave the limit as it is, depending on why one would want to reduce the limit?
(Just trying to learn here).
AmEx Platinum Charge: NPSL, $450 AF
AmEx Reserve Credit: $30K limit, $450 AF
Chase Slate Visa Credit: $32K limit, No AF
Near Term: Need a good MasterCard for places that won't accept AmEx or Visa
Long Term: Will downsize out of one or both current AmEx cards to reduce AFs