I have Gold Charge Card for almost 4 years now. I always keep checking online if I have pre-approved on my account. I never got the screen that I have pre-approved for any Amex cards. This morning I call CS to check he also didn't see any pre-approved offer on my account. Only gave me 1 year waive fee for additional card ($35.00). Anyway, I decided to apply Amex Platinum Cash Rebate online and got instant approval with only $3200 credit limit. For me it's kind of low credit limit. Should I call and ask to increase right away? or Should I wait for 6 months.? Most of the CC I have it's at least $7000.00 CL. Thanks
Unless you have another AMEX credit card like Blue, I would wait a few months before requesting the credit increase because it shows them that you can handle a big credit line well after making a few payments on time.
Thanks! Thanks Mike for your input. I will wait for a while then. Thanks Momof3, Congratulations to u too about Green Amex. Aux
Re: Thanks! Apply for an increase right now. Their credit increase policies are very lenient during the first 30 days of the account. It's a matter of corporate policy. Call Amex and ask to speak with the New Accounts department. Then ask for a re-evaluation of your credit line. Do not hesitate to ask to speak w/ a New Accounts Supervisor, if necessary. Saar
Re: Thanks! BTW - You better use your new card as a charge card, or else the interest rate would outweigh any cash rebate you may earn. Saar
Re: Thanks! Thanks Saar, I just called the New Accouts Department and they said they will review my account and I will have to call back tomorrow to find out. They also ask me How much i want. I said at least $10,000.00. Let see tomorrow. Thanks again.