Hey everyone! First post here
amazingly helpful forum, I've been lurking for a few weeks now. I have a question about AMEX CLI and card upgrades.
First, a little background. I used to have not-so-good credit, from when I was a student with low income and maxed out my CCs. I got a loan to pay them down in Feb, and had been paying that down since then. Once my credit got back up to 700+, I applied for a couple new cards (AMEX BCE and Capital One Cash Rewards) and ended up getting a C1 cash with a 10,000 CL and an AMEX Blue (not BCE) with a $4900 limit. After remembering that I had signed up for payment protection with the loan I took out, and realizing how slow my balance was going down, I did a 0% BT to my COne card (which now has $6500 used out of 10k available limit).
Now, onto my actual question. I applied for a BCE card but only got a Blue. I wanted the BCE for rewards (I haven't paid interest on a CC since I used that loan to pay them down, have been paying them in full every month and wanted better rewards than I was currently getting). My total available credit now is about 21k, with 6500 utilization.
Question 1: I want to upgrade to BCE, and talked to an AmEx rep over the phone and they told me that I would be able to apply for an upgrade after 60 days of having the card open. Will my high utilization on my balance-transfer card factor into whether or not they'll let me upgrade, or will it matter more that I pay off my AmEx every month?
Question 2: Does upgrading to a BCE reset the 60 day counter to request a credit limit increase? If so, could I request a CLI and then immediately after upgrade to a BCE? I only want the CLI to lower my utilization while I'm paying down the BT card to keep my score up, I'd much rather have the BCE and have the same limit I have now if I have to choose. But if I can get the CLI as well, I'd like to.
Thanks in advance