Apping before Amex 3x CLI

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CF Frost
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Apping before Amex 3x CLI

Postby CF Frost » Tue May 06, 2014 8:38 am

Would it kill me to app for a CSP about a month and a half before my Amex 3x CLI. They have given me the 3x before (about a month after apping IIRC) but just wanted to get some thoughts on that. Would be my third 3x CLI and going for the $25K. Only have 2-3 inquiries on each bureau.


haikuginger
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Postby haikuginger » Tue May 06, 2014 10:26 am

Eh, personally I wouldn't do it. The 3x CLI is a soft pull, or so I understand, so while it wouldn't affect your chances of getting the CSP, applying for the CSP would be a hard pull, and could hurt your CLI request.

austintastic
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Postby austintastic » Tue May 06, 2014 6:28 pm

I had many new TL open before my Amex 3x and was instantly approved. I would say if you can wait however, that getting the 3x first is best. Chase might be more willing to give you a larger CL to win your business from Amex. No definitive proof, but something to consider. YMMV

takeshi
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Postby takeshi » Wed May 07, 2014 7:53 am

CF Frost wrote:Would it kill me to app for a CSP about a month and a half before my Amex 3x CLI.

No, it won't kill you. However, we can't tell you how it will impact your CLI request. Number of inquiries alone doesn't tell us enough about your credit to even begin to guess. It's could go either way as an app itself isn't going to guarantee an approval or a denial on the CLI.

On paper getting the 3x CLI first would be better for the reason stated above but context is always relevant with matters of credit. It's certainly possible to get an AmEx CLI even with recent apps. I have but YMMV since everyone's credit and income aren't identical.



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