BCP CLI, how much?

American Express forum. Talk about AmEx credit cards like Blue, Gold, Platinum, Centurion, and more.
11 posts
lexrj
Centurion Member
Centurion Member
 
Posts: 169
Joined: Fri Sep 14, 2012 12:59 pm
Location: San Diego

BCP CLI, how much?

Postby lexrj » Thu Jan 24, 2013 11:58 am

I moved to the US 2 yrs ago so I'm building my credit.
Got the BCP on march/12 with 1k CL. Didn't know about the 61 days 3x CLI so I asked for 2k at 90 days and got it. Now I'm eligible for another CLI. I'm going to try a soft pull online, my utilization ratio is at 10% and I always paid in full.
How much should I go for? 3x (6k)?
---------------------------------------
Current in my Wallet
Amex BCP - 25K (02/12)
Barclay Arrival WMC - 15K (10/13)

Future
US Bank Cash +

Socks drawer
Crap One Quicksilver - 1.7K (04/11)
CSP - 15K (03/13)

Scores
FICO EX 772 / TU 765 / EQ 762 - (09/14)
AAoA 2.1


User avatar
Calipso
Centurion Member
Centurion Member
 
Posts: 195
Joined: Mon Oct 29, 2012 2:50 pm
Location: Boston

Postby Calipso » Thu Jan 24, 2013 2:43 pm

lexrj wrote:I moved to the US 2 yrs ago so I'm building my credit.
Got the BCP on march/12 with 1k CL. Didn't know about the 61 days 3x CLI so I asked for 2k at 90 days and got it. Now I'm eligible for another CLI. I'm going to try a soft pull online, my utilization ratio is at 10% and I always paid in full.
How much should I go for? 3x (6k)?


I would go for $5k, but that's just me. I've been denied the 61 day 3X CLI. Then again, I have a large amount of credit with Amex based on my income.
My Limits:
NFCU NavCheck: $15,000/NFCU Platinum: $11,500/NFCU nRewards: $8,000
Chase Freedom: $6,500/Chase Slate: $6,000/CSP: $5,000/Marriott Rewards Primier: $5,000/United MileagePlus Explorer: $5,000/Southwest Primier: $3,000
Citi Hilton HHonors: $9,700/Citi Simplicity: $8,200/Citi Forward: $5,500
AMEX Blue Cash Everyday: $8,000/SPG AMEX: $5,000/AMEX Everyday: $5,000/AMEX Delta Skymiles Platinum: $3,400
Discover IT: $7,700
Barclay's NFL Extra Points (Carolina Panthers): $5,000
DCU Platinum: $3,000
RTN FCU CC: $2,000
CCCU Platinum Rewards Visa: $2,000

Current total limit: $129,500

Jslimm1985
Platinum Member
Platinum Member
 
Posts: 80
Joined: Wed Sep 05, 2012 8:13 am
Location: Fort Dix, NJ

Postby Jslimm1985 » Thu Jan 24, 2013 6:04 pm

This tends to be the million dollar question lol. Personally if your utilization is 10% I'd say go for the full 3x. In MOST cases Amex will just give you a counteroffer.it really just depends on how you feel.
Revolvers
Credit Union MC 3/2004 ($6K)
Capital One Platinum 3/2005 ($500) :mad:
Dell Financial Services CC 2/2007 ($2.5K)
USAA Cash Rewards World MC 10/2011 ($9.5K)
AMEX BCE 01/2013 ($10K)

Chargers
AMEX Gold 1/2011(NPSL)

EXP 721 (01/02/2013) Amex
EQU 695 (01/10/2013) PenFed
TU 705 (01/22/2013) MyFico

"Please don't thank me for serving, I want to thank you for letting me serve on your behalf"


Rory
Centurion Member
Centurion Member
 
Posts: 274
Joined: Sat Aug 04, 2012 10:21 pm
Location: MA

Postby Rory » Thu Jan 24, 2013 11:18 pm

go for the 3x i did earlier this week and was pleasantly surprised getting the full CLI from 2k-6k
Amex Zync - NPSL (Cleared up to 25k)
Amex BCE - 12000 limit
Amex BCP - 4200 limit
FIA Rewards Amex- 3500 limit
Chase Freedom - 2000 limit
Chase Slate - 2000 Limit
BoA Cash Rewards Privileges- 3000 limit
Barclaycard Rewards MC - 3000 limit
Discover IT- 3500 limit
Marriott PR- 5000 limit
21 years old with alot of life to spend ;)
Its not about the ending, its about the journey,
just as long as the ending is just as good :cool:

lexrj
Centurion Member
Centurion Member
 
Posts: 169
Joined: Fri Sep 14, 2012 12:59 pm
Location: San Diego

Postby lexrj » Fri Jan 25, 2013 11:56 am

Woohoo! Went for the triple and got it!
Thanks guys!
---------------------------------------
Current in my Wallet
Amex BCP - 25K (02/12)
Barclay Arrival WMC - 15K (10/13)

Future
US Bank Cash +

Socks drawer
Crap One Quicksilver - 1.7K (04/11)
CSP - 15K (03/13)

Scores
FICO EX 772 / TU 765 / EQ 762 - (09/14)
AAoA 2.1

Robrus1
Centurion Member
Centurion Member
 
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Fri Jan 25, 2013 3:30 pm

Congrats! I'm thinking about doing the same for my Amex Blue. I've had it since March of last year. It has a zero balance. I did carry a balance for about 3-4 months when I bought a new living room set and took advantage of the 0%. No late payments or minimum payments. Think I should try for 3X too? Or perhaps just 2? I'm scared if I ask for too high of a limit they will want to FR me. I don't have anything to hide, but that's a big pain in the arse. Between my two Amex cards I've spent about 30K with them since March of last year.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

Fartanywherecard
Platinum Member
Platinum Member
 
Posts: 56
Joined: Mon Jan 21, 2013 12:18 pm
Location: NYC

Postby Fartanywherecard » Fri Jan 25, 2013 3:59 pm

Robrus1 wrote:Think I should try for 3X too? Or perhaps just 2? I'm scared if I ask for too high of a limit they will want to FR me.


Wouldn't they just offer you a lower limit? I don't understand why it arbitrarily has to be 2x or 3x. Can't you request 3x increase which would put you at 15k and then get offered 11k, for example?


lexrj
Centurion Member
Centurion Member
 
Posts: 169
Joined: Fri Sep 14, 2012 12:59 pm
Location: San Diego

Postby lexrj » Fri Jan 25, 2013 4:09 pm

Thinking logically there is no reason not too, you got nothing to loose except maybe your feelings getting hurt...haha. It's a soft pull so it's not gonna hurt you at all. If you get an FR just send the paperwork and you'll be fine. If you get a counter then at least you will know that your Income x credit ratio is probably on the limit.
Just my opinion.
---------------------------------------
Current in my Wallet
Amex BCP - 25K (02/12)
Barclay Arrival WMC - 15K (10/13)

Future
US Bank Cash +

Socks drawer
Crap One Quicksilver - 1.7K (04/11)
CSP - 15K (03/13)

Scores
FICO EX 772 / TU 765 / EQ 762 - (09/14)
AAoA 2.1

Robrus1
Centurion Member
Centurion Member
 
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Fri Jan 25, 2013 4:51 pm

Well, I went for it and was instantly approved for $15K! I'm assuming this means I'm safe from a FR, or at least I hope. After I was approved, it said in 15 minutes my new line of credit would be available.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

lexrj
Centurion Member
Centurion Member
 
Posts: 169
Joined: Fri Sep 14, 2012 12:59 pm
Location: San Diego

Postby lexrj » Fri Jan 25, 2013 5:52 pm

Congrats! Looks like AMEX is showing some love to a lot ppl!
---------------------------------------
Current in my Wallet
Amex BCP - 25K (02/12)
Barclay Arrival WMC - 15K (10/13)

Future
US Bank Cash +

Socks drawer
Crap One Quicksilver - 1.7K (04/11)
CSP - 15K (03/13)

Scores
FICO EX 772 / TU 765 / EQ 762 - (09/14)
AAoA 2.1



Return to “American Express”

Who is online

Users browsing this forum: Yahoo [Bot] and 4 guests
†Advertiser Disclosure
The credit card offers that appear on this site are from credit card issuers from which CreditCardForum.com receives compensation. This compensation may impact how and where products appear on this site, including the order in which they may appear within listing categories. CreditCardForum.com does not include all credit card offers that might be available to consumers in the marketplace.