Ameican Express Credit Card Credit Limit Inrease After 30 Days?
Author: AJ
Posted: Sat Mar 17, 2007 6:24 am
Post subject: Amex Blue Offers CLI after 30 days? How Can that Happen?
How likely is someone to receive an increase if you were just given one 30 days ago. Any winners here?
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Author: RacieRacer
Posted: Sat Mar 17, 2007 7:21 am
Post subject: Re: Amex Blue Offers CLI after 30 days? How Can that Happen?
AJ wrote:
How likely is someone to receive an increase if you were just given one 30 days ago. Any winners here?
Lots of people click that Amex luv button with sucess on a monthly basis.
But me personally I don't click it that often since who knows what exactly might trigger a F/R with Amex.
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Author: fenster
Posted: Sat Mar 17, 2007 9:30 am
Post subject:
If you can back up your many clicks with income and financial documents agreeing with your stated income and ability to pay should an Amex FR hit you, click away to your heart’s desire.
In fact, you don’t have to wait 30 days, you can take your new card out of the envelope, sign up, click or call and get a CLI, many have done it.
Most say the trigger $# for the dreaded Amex FR is $25K, it’s not the rule though. So if you can walk the walk, click & talk, but if you can’t do the walk and a FR hits you, you’ve to provide real cheddar within 15 days or lose your card.
Amex won’t let you wiggle, and no, you can’t NOT provide papers and say “forget about the CLI”, it’s papers or account closure notated as “closed by grantor."
Author: Verne
Posted: Mon Mar 19, 2007 9:50 pm
Post subject:
Fenster,
I doubt very much AMEX will close an account over a credit limit increase request when the account holder didn't follow through with "documentation". That's almost silly.
If AMEX asked for more information, and the CLI requestor didn't provide it, the whole thing would die on the vine. Why would AMEX go DEFCON over a CLI request? Imagine the time involved - not to mention the corporate paranoia? They passively process CLI requests, they aren't like nazi's requesting proper documentation.
In the real world, companies, and people, are constantly requesting stuff and not getting it all the time. Months, even years pass, and, guess what - nothing happens.
_________________
Any agreement that can be changed at any time, for any reason, is no agreement at all.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: fenster
Posted: Mon Mar 19, 2007 10:29 pm
Post subject:
Verne wrote:
Fenster,
I doubt very much AMEX will close an account over a credit limit increase request when the account holder didn't follow through with "documentation". That's almost silly.
What you “doubt” and don’t doubt as it pertains to this subject can easily be flushed down the toilet. Because your doubts in themselves are certainly “silly” and don’t reflect Amex’ FR realities on the ground.
If you bothered to read the above with care, no one ever said 1,2, or 3 CLIs would trigger a FR. With Amex, it ‘s a cumulative reasoning which springs from many concerns, including reaching a $25K limit, and sometimes not a $25K limit.
Go out there, find the numerous Amex FR net reports/threads and review them, if you find more than 1 or 2 aberration cardholders who refused to comply with an Amex FR and did NOT have their accounts terminated with extreme prejudice, come back here and "doubt."
In fact you can alleviate your doubts with a simple experiment, if own an Amex card, start clickin’ today and keep clickin’ like a drunken primate, when you’re hit with a FR, and you will be at some point, tell Amex to f off, then see if they’ll let you keep the card.
A nonchalant attitude and conjecture about various subjects can be the trait of the brave, as well as the clueless, you represent the latter on this one.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Posted: Sat Mar 17, 2007 6:24 am
Post subject: Amex Blue Offers CLI after 30 days? How Can that Happen?
How likely is someone to receive an increase if you were just given one 30 days ago. Any winners here?
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: RacieRacer
Posted: Sat Mar 17, 2007 7:21 am
Post subject: Re: Amex Blue Offers CLI after 30 days? How Can that Happen?
AJ wrote:
How likely is someone to receive an increase if you were just given one 30 days ago. Any winners here?
Lots of people click that Amex luv button with sucess on a monthly basis.
But me personally I don't click it that often since who knows what exactly might trigger a F/R with Amex.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: fenster
Posted: Sat Mar 17, 2007 9:30 am
Post subject:
If you can back up your many clicks with income and financial documents agreeing with your stated income and ability to pay should an Amex FR hit you, click away to your heart’s desire.
In fact, you don’t have to wait 30 days, you can take your new card out of the envelope, sign up, click or call and get a CLI, many have done it.
Most say the trigger $# for the dreaded Amex FR is $25K, it’s not the rule though. So if you can walk the walk, click & talk, but if you can’t do the walk and a FR hits you, you’ve to provide real cheddar within 15 days or lose your card.
Amex won’t let you wiggle, and no, you can’t NOT provide papers and say “forget about the CLI”, it’s papers or account closure notated as “closed by grantor."
Author: Verne
Posted: Mon Mar 19, 2007 9:50 pm
Post subject:
Fenster,
I doubt very much AMEX will close an account over a credit limit increase request when the account holder didn't follow through with "documentation". That's almost silly.
If AMEX asked for more information, and the CLI requestor didn't provide it, the whole thing would die on the vine. Why would AMEX go DEFCON over a CLI request? Imagine the time involved - not to mention the corporate paranoia? They passively process CLI requests, they aren't like nazi's requesting proper documentation.
In the real world, companies, and people, are constantly requesting stuff and not getting it all the time. Months, even years pass, and, guess what - nothing happens.
_________________
Any agreement that can be changed at any time, for any reason, is no agreement at all.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
Author: fenster
Posted: Mon Mar 19, 2007 10:29 pm
Post subject:
Verne wrote:
Fenster,
I doubt very much AMEX will close an account over a credit limit increase request when the account holder didn't follow through with "documentation". That's almost silly.
What you “doubt” and don’t doubt as it pertains to this subject can easily be flushed down the toilet. Because your doubts in themselves are certainly “silly” and don’t reflect Amex’ FR realities on the ground.
If you bothered to read the above with care, no one ever said 1,2, or 3 CLIs would trigger a FR. With Amex, it ‘s a cumulative reasoning which springs from many concerns, including reaching a $25K limit, and sometimes not a $25K limit.
Go out there, find the numerous Amex FR net reports/threads and review them, if you find more than 1 or 2 aberration cardholders who refused to comply with an Amex FR and did NOT have their accounts terminated with extreme prejudice, come back here and "doubt."
In fact you can alleviate your doubts with a simple experiment, if own an Amex card, start clickin’ today and keep clickin’ like a drunken primate, when you’re hit with a FR, and you will be at some point, tell Amex to f off, then see if they’ll let you keep the card.
A nonchalant attitude and conjecture about various subjects can be the trait of the brave, as well as the clueless, you represent the latter on this one.
CardRatings.com is the most comprehensive source for comparing credit card offers. Please visit CardRatings.com to view the best rated credit cards!
posted by CardRatings.com at 6:14 PM
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