3X CLI Coming Up

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Vandalized2
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3X CLI Coming Up

Postby Vandalized2 » Sat Jun 15, 2013 10:59 pm

So my AMEX BCE is going to be 61 days old on June 22nd.
I have only spent 1500 so far on the card and have an $1100 balance on it right now.
I was wondering what to ask for as my 61 days approach quickly. My limit is 6600. Should I ask for for 19800, which is 3X my current credit limit.

Or what do you guys think? I have 19.2k worth of credit and have a balance of $2500 all together, so UTIL rate of around 13%.

Any suggestions would help!!


MemberSince99
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Postby MemberSince99 » Sat Jun 15, 2013 11:04 pm

I would honestly pay it down before going for the CLI. You may do well regardless, BUT, if I was going for the max, I think you'd be in the best possible shape with them that way.

Vandalized2
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Postby Vandalized2 » Sat Jun 15, 2013 11:07 pm

Would you go for less in my situation? Because $1300 of the balance is on a BT with USBank Cash+ until December, and $1100 of it is with AMEX no APR INTRO for a year.

Kripler68
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Postby Kripler68 » Sat Jun 15, 2013 11:16 pm

Mine is coming on July 1st,i will ask for the full 3x cli, the worst they can say is no. Good luck

MemberSince99
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Postby MemberSince99 » Sat Jun 15, 2013 11:23 pm

No I would still go for the 3X, they should counter offer from what I've read if it can't be approved for the full 3X but they can give you something.

Scoobynoodles
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Postby Scoobynoodles » Tue Jun 18, 2013 11:05 am

Wait, did I miss something, after 61 days on your account, they will review and give you a 3x increase on your credit limit, if you request it? I've had my BCE for about 2 years now, probably missed that memo, but...
AmEx Platinum 2009 & Blue Cash $3.5K Delta Gold $2K
BofA BankAmericard $6K | Chase[/i] Sapphire Preferred $10K & Amazon $1.5K Freedom $2.2K | CACU Platinum $13K
Discover Cashback $8.5K & It $6K | Citi Simplicity $5.6K & TY $4.3K

MemberSince99
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Postby MemberSince99 » Tue Jun 18, 2013 11:17 am

Scoobynoodles wrote:Wait, did I miss something, after 61 days on your account, they will review and give you a 3x increase on your credit limit, if you request it? I've had my BCE for about 2 years now, probably missed that memo, but...


Yes that is correct. After 60 days you may request a CLI. They are known if all is right to give up to 3X your starting limit at that time (as always YMMV).
If you've never asked for a CLI, it's really high time you do so.

Scoobynoodles
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Postby Scoobynoodles » Tue Jun 18, 2013 11:24 am

MemberSince99 wrote:Yes that is correct. After 60 days you may request a CLI. They are known if all is right to give up to 3X your starting limit at that time (as always YMMV).
If you've never asked for a CLI, it's really high time you do so.


Going to do so when I get home! Totally missed that.
AmEx Platinum 2009 & Blue Cash $3.5K Delta Gold $2K
BofA BankAmericard $6K | Chase[/i] Sapphire Preferred $10K & Amazon $1.5K Freedom $2.2K | CACU Platinum $13K
Discover Cashback $8.5K & It $6K | Citi Simplicity $5.6K & TY $4.3K

Vandalized2
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Postby Vandalized2 » Tue Jun 18, 2013 11:43 am

Yeah, its a great opportunity. IF I get the full amount I am asking it would help my credit score so much because I am buying a car next summer , and a house the year after that.

I now have my UTIL to 9% ($1800 balance on 19300 of credit)
I am hoping in paying down what I previously had will help.
I am going to ask July 1st in hopes that AMEX does a soft pull of my credit right before I ask and see me paying my obligations back. WIsh me luck!

mattymatt808
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Postby mattymatt808 » Tue Jun 18, 2013 3:15 pm

Yeah, definitely don't ask for less than the full 3x, I got a nice counter offer last month. I had a 5500 CL, called in and asked for 16500 and was immediately offered 9600 with no questions asked. I called because the button wasn't working online, but I would guess the online system is built to counter offer as well.
$2500 First Hawaiian Bank (6/10)
$4500 CHASE Freedom (2/13)
$3500 Citi Forward (2/13)
$2000 Discover it (2/13)
$9600 AMEX BCE (3/13)
$10000 CHASE Sapphire Preferred (7/13)
$5000 CHASE Ink Plus (8/13)



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