As of November 19, 2022, there is no 60 days rule. I called Amex and it’s now a minimum of 90 days and all the way up to 180 days, depending on the specific person.
My Amex blue preferred had a 5K limit. Thought what the heck, let me try this out. On the Amex site, I had a lot of trouble searching for anything related to a credit line increase. Jumped on the app and chatted with a bot. Thankfully, they directed me right to it. Was approved for 15K! Major thank you Chase! Earned a new sub.
Yoooo thats awesome to hear Dwight! 🔥 👏🏽 I'm glad it worked out for you! I hope you enjoy the new credit limit. Thank you for watching and welcome to the family 🤙🏽
My very first unsecured card was last year with Amex. I applied and within five seconds I got an email that I was approved for $10K. I was so happy I went from a $500 Secured Capital One card to a $10K Amex card. I never knew about an increase until now so last night I asked for $25K on the website and they gave it to me. YAY!
One of the best points you made is to only request an increase if you are actually using the card and NEED the higher limit. I feel like a lot of us credit card fanatics want to have a really high credit limit even if we don't actually use our cards a ton. Great video overall!
Yessir Spencer! 🙌🏽 I found this out the hard way too because I once applied for a CLI on a card that I didn't use and it was denied 😅 Thank you for always watching and commenting my guy
@@Anthonyjones-pq4ff What I would do in the meantime is pay off your credit cards early to bring the utilization down to less than 10% (I do 1-2%). But yes, you could always request an increase (I would check if it's a soft or hard pull first) or you could just apply for another credit card to increase your total credit limit. That doesn't necessarily help in this case though unless you shift some spend to that new card too.
Today is January 29, 2023. I opened my new AMEX card in September 2022. I was allowed my FIRST Credit Limit Increase in December, on the 94th day, after opening my card. The 2nd CLI will be at 180 days. (Realistically probably day 182, or 185 or whatever) Hope this helps some nice people out there!
Have been denied 3 times. A couple years ago I tried 1-$2,000 denied over the phone. A year ago received $1,500 increase unrequested after paying off $7,000. Tried last night for 3xs denied, then 25% increase using the website. Yet I was receiving pre-approvals for the platinum and my credit is perfect.
Couple things, I keep seeing TH-camrs say that you can get an increase in 60 days but from my personal experience its actually 90 days. It used to be 60 awhile ago. I have 5 Amex Credit cards and 3 Amex Charge cards. Also, you can definitely get more then 35k without a financial review. My total credit limits between cards is much greater then 35k and I have never had a financial review.
Dang that's a lot of Amex cards 😅 Glad to hear you didn't have to get a Financial review. I've definitely heard of stories of getting one with less number of cards. Good to know tho!
Yes I agree. Things have changed. I called Amex and they told me there is nothing about 60 days whatsoever. Said I could try after a minimum of 90 days. And even then it’s not guaranteed. Could be as much as 180 days. Even though this video and most every other video I’ve seen on the 60 days specifically, aren’t that old, they are of date on that for sure!
@@SledgeIncTeam Oh cool. Good to know. And thanks for sharing. This helps. I was trippin cause I had seen at least 3 videos on TH-cam saying 60 days and multiple websites saying 60 days, so when I tried to do it, I was just in disbelief until I actually called. Actually I had to call 2 times for a definite answer.
Called Amex yesterday I had a 2k limit got it raised 1.5k the automated system told me to put in a number I put 3,500 I wanted to go higher but I mean I don’t need the money right now so even being given the increase feels good. Slow and steady wins the race
Very informative and detailed video. Awesome job Chase. 👍🏾 At the time I didn’t know that you can request up to 3X for cli with my Amex. Either way it worked out for us with the increase. Only reason why I requested was to make sure I had enough towards a Turo rental for our family trip to Oahu this summer. 😅
The Credit limit increase to be able to make a larger than purchase is not exactly correct. You can deposit the amount to your credit card account & then make the purchase :) Lets say your credit limit is $2000 and you want a laptop that costs $2800. Send in a deposit of $800 to your credit card account. It should say -$800 in statement balances Now you are good to make that 2800$ on that $2000 limit card.
It happened to me as well. My first AMEX card is the blue cash preferred which I got in September of last year. After 3 months I checked to see if I could use the CLI tab within the app and did not see it because it wasn’t there. I had to wait till I had the card for 9 to 10 months and when I checked again after that time, the CLI request button was visible and available. I requested a 3X increase from 2000$ to 6000$ and was approved. Hope this helps.
The problem I’m running into is that once I request a credit limit increase on one card it will not allow me to do it on my second. I just got an increase in my Hilton card but not for my Delta card
Amex told me that you can only request CLI on one card every 90 days. So you will have to wait for another 90 days since your last CLl to request another one for your other card. Hope this helps
In the mid-game with Chase before expanding into either Amex or Cap1 for the late game, so appreciate you letting me know this video isn't for me and ya earned a sub!
Ya this is a lie. Have been with them for over 90 days. Improved credit score and no balance, always pay in full and got the “you’ll get a written answer is 7-10 days”
Welp, it says my account is ineligible... I wonder why. I've never missed a payment with them. UPDATE: I used the chat to do an increase. I asked for 3x my limit which was $16,500 but they only approved me for $13,900. Still happy though. went from $5,500 to $13,900. still a huge jump and anything above $10k is no longer subprime credit so definitely a win for me.
Thanks for checking back in Angeline with the update 🙏🏽 ya for some cards you have to chat with them. but CONGRATS on the increase! 🎉 thats still a massive W! 🔥
Some of their cards don't have the actual button or option to increase your limit yourself. In that case, I would recommend giving them a call instead 👍🏽 Best of luck Dawn!
Does an AMEX card have a statement date/closing date and a due date? Or just a statement/closing date? Because on other cards I hear people talking about those two dates and leaving a small utilization amount to post on your statemebt date then pay it in full before your due date. But with AMEX I only hear people say to pay in full by the 'closing date".
Yes, Amex has statement opening, closing and due dates. They might be referring to Amex charge cards where you have to pay in full before the due date. However, on those cards you don't need to pay in full before the closing date.
they send a form to get your tax transcript. I think its a 4506T. I had to do it when I applied for my delta premier. I told the truth so it was annoying but I knew I would get approved and did. I think I had 4 or 5 cards when I applied---and it was the first time they requested that. Thanks
I just asked AMEX chat last night and she states: “usually new members have to wait 6 months which would be October for you, but I can try a manual increase request for you” I didn’t know what that meant so I told her I’ll just wait the 6 months 😞
You can wait too if you'd like. Depends on how badly you want to increase your limit now. BUT I would say you could manually request an increase before 6 months.
Reporting back to say I waited 95 days and was just approved today for 3x so now it’s $3k. Can’t wait to do it again in 6 months and request $9k. Thank you Chase for your tips!!!
@@reddwitdreadzwas your limit 1000 starting? I have the blue preferred with annual fee and it will be 90 days on the 9th of may . Do you think I should wait?
BEWARE....If you have a bankruptcy on your credit report you will never receive an increase. AMEX will allow you to get the card but you will never receive a CLI until the BK falls COMPLETELY off credit report. I used the card religiously to hopefully get a CLI in 6 months time. Now it sits in the drawer. I've got cards with 25k limit that earn the same cash back.
I’ve been with them for a year and never missed a payment and I pay repeatedly through the month to keep the account from maxing out. Do you think this would show responsibility or risk and make them less likely to approve me? My limit it $1k so not much breathing room for my monthly spending so I actually do need it
I finally pulled the trigger and get my Blue Cash Everyday, and I got 20k to start with. I also have both Gold and Platinum for 2 years now but no other credit cards with Amex. What would be a reasonable amount of credit limit increase should I request in 3 months? Should I do 25k even?
It should be in your "account services" section on the amex account website. But if you don't see an option on your account, go ahead and call or chat with an Amex representative to request a credit limit increase. 🙏🏽
You went from $1K to $3K why the low ball I thought they would give 3X”s what your starting limit was same to still be low when I see other with Higher credit limits just saying but congratulations
As of November 19, 2022, there is no 60 days rule. I called Amex and it’s now a minimum of 90 days and all the way up to 180 days, depending on the specific person.
Got told the same thing this is accurate 👍🏽
thank you for sharing! 👏🏽 that is good to know
My Amex blue preferred had a 5K limit. Thought what the heck, let me try this out. On the Amex site, I had a lot of trouble searching for anything related to a credit line increase. Jumped on the app and chatted with a bot. Thankfully, they directed me right to it. Was approved for 15K! Major thank you Chase! Earned a new sub.
Yoooo thats awesome to hear Dwight! 🔥 👏🏽 I'm glad it worked out for you! I hope you enjoy the new credit limit. Thank you for watching and welcome to the family 🤙🏽
My very first unsecured card was last year with Amex. I applied and within five seconds I got an email that I was approved for $10K. I was so happy I went from a $500 Secured Capital One card to a $10K Amex card. I never knew about an increase until now so last night I asked for $25K on the website and they gave it to me. YAY!
Sheeeeeesh atta way! 🔥 congratulations on the big increase!
Congratulations 🎉🍾🎈 good job Ice going you should proud of your hard work this game is not Ez
One of the best points you made is to only request an increase if you are actually using the card and NEED the higher limit. I feel like a lot of us credit card fanatics want to have a really high credit limit even if we don't actually use our cards a ton. Great video overall!
Yessir Spencer! 🙌🏽 I found this out the hard way too because I once applied for a CLI on a card that I didn't use and it was denied 😅 Thank you for always watching and commenting my guy
Spencer if I’m using that card a lot putting spend on using more then 30percent of my Immunization
Would it be best to ask for credit incase limit ?
@@Anthonyjones-pq4ff What I would do in the meantime is pay off your credit cards early to bring the utilization down to less than 10% (I do 1-2%). But yes, you could always request an increase (I would check if it's a soft or hard pull first) or you could just apply for another credit card to increase your total credit limit. That doesn't necessarily help in this case though unless you shift some spend to that new card too.
Today is January 29, 2023. I opened my new AMEX card in September 2022. I was allowed my FIRST Credit Limit Increase in December, on the 94th day, after opening my card. The 2nd CLI will be at 180 days. (Realistically probably day 182, or 185 or whatever)
Hope this helps some nice people out there!
I requested a limit increase online while watching your video and it was approved. Thank you!
Just got approved after trying for months! Can't wait to go for the 3x increase in a couple of months 😎
Ayeeee seriously!!! LETS GOOOOOOOO! Congrats, you really are the blessed one 🙏🏽
Congratulations on ur Approval how long did it take you & what was ur Limited to start out with.
Have been denied 3 times. A couple years ago I tried 1-$2,000 denied over the phone. A year ago received $1,500 increase unrequested after paying off $7,000. Tried last night for 3xs denied, then 25% increase using the website. Yet I was receiving pre-approvals for the platinum and my credit is perfect.
Couple things, I keep seeing TH-camrs say that you can get an increase in 60 days but from my personal experience its actually 90 days. It used to be 60 awhile ago. I have 5 Amex Credit cards and 3 Amex Charge cards. Also, you can definitely get more then 35k without a financial review. My total credit limits between cards is much greater then 35k and I have never had a financial review.
Dang that's a lot of Amex cards 😅 Glad to hear you didn't have to get a Financial review. I've definitely heard of stories of getting one with less number of cards. Good to know tho!
Yes I agree. Things have changed. I called Amex and they told me there is nothing about 60 days whatsoever. Said I could try after a minimum of 90 days. And even then it’s not guaranteed. Could be as much as 180 days.
Even though this video and most every other video I’ve seen on the 60 days specifically, aren’t that old, they are of date on that for sure!
@@gregorygregory6347 90 days seems to be it. I've requested and received 2 credit limit increases at or around 90 days for 3x the limit on those cards
@@SledgeIncTeam
Oh cool. Good to know. And thanks for sharing. This helps. I was trippin cause I had seen at least 3 videos on TH-cam saying 60 days and multiple websites saying 60 days, so when I tried to do it, I was just in disbelief until I actually called. Actually I had to call 2 times for a definite answer.
@@SledgeIncTeam did you request exactly 3x what your current limit was? Or did you request even higher, but then receive the 3x increase?
Called Amex yesterday I had a 2k limit got it raised 1.5k the automated system told me to put in a number I put 3,500 I wanted to go higher but I mean I don’t need the money right now so even being given the increase feels good. Slow and steady wins the race
Yeeee congrats on the raise! 🔥 a dub is still a DUB!
Very informative and detailed video. Awesome job Chase. 👍🏾 At the time I didn’t know that you can request up to 3X for cli with my Amex. Either way it worked out for us with the increase. Only reason why I requested was to make sure I had enough towards a Turo rental for our family trip to Oahu this summer. 😅
Im glad that you enjoyed it Chhin! 🤙🏽 Congratulations on the credit limit increase. I hope you enjoy your vacation! 🏝️ Thanks for watching.
The Credit limit increase to be able to make a larger than purchase is not exactly correct. You can deposit the amount to your credit card account & then make the purchase :)
Lets say your credit limit is $2000 and you want a laptop that costs $2800.
Send in a deposit of $800 to your credit card account. It should say -$800 in statement balances
Now you are good to make that 2800$ on that $2000 limit card.
Interesting, can you do that on non secured credit cards?
@@ChaseYokoyama I've overpaid a few times on my Blue Cash Preferred but only with the app, the website only allows me to pay what I owe.
Chase can you be upgraded from everyday blue to the preferred blue just wondering …
Thanks! Had limit of 16k, requested 24k(didn't want to go over the 25k you mentioned) and got approved instantly! 😊
sheeesh 🔥 congratulations!
Wow, this really works! Thanks, Chase, for the info.
Yayyy im glad you gave it a try! Thank you for watching!
for some reason I don't have this option under my card management tab ...... why is that?
It happened to me as well. My first AMEX card is the blue cash preferred which I got in September of last year. After 3 months I checked to see if I could use the CLI tab within the app and did not see it because it wasn’t there. I had to wait till I had the card for 9 to 10 months and when I checked again after that time, the CLI request button was visible and available. I requested a 3X increase from 2000$ to 6000$ and was approved. Hope this helps.
i applied for the blue cash everyday and was approved for 5.7k and today I was eligible for a cli and got approved for 14.7k super happy with that!!!
whoaa amazing! 👏🏽 congratulations
The problem I’m running into is that once I request a credit limit increase on one card it will not allow me to do it on my second. I just got an increase in my Hilton card but not for my Delta card
I think you might have to wait a few weeks request another credit increase between cards.
Amex told me that you can only request CLI on one card every 90 days. So you will have to wait for another 90 days since your last CLl to request another one for your other card. Hope this helps
In the mid-game with Chase before expanding into either Amex or Cap1 for the late game, so appreciate you letting me know this video isn't for me and ya earned a sub!
hahah no worries! I'm glad I could save you time 😅 Thank you for watching and welcome to the fam DW! 🔥
I tried it they gave me a $1000 increase.
Ayeee that helps 👏🏽 congrats on that!
I have a 690 score will Amex give me the 3x
Ya this is a lie. Have been with them for over 90 days. Improved credit score and no balance, always pay in full and got the “you’ll get a written answer is 7-10 days”
I'm sorry to hear that Brandon. This is definitely not a 100% guarantee. I hope you end up getting the credit limit increase.
Welp, it says my account is ineligible... I wonder why. I've never missed a payment with them.
UPDATE:
I used the chat to do an increase. I asked for 3x my limit which was $16,500 but they only approved me for $13,900. Still happy though. went from $5,500 to $13,900. still a huge jump and anything above $10k is no longer subprime credit so definitely a win for me.
Thanks for checking back in Angeline with the update 🙏🏽 ya for some cards you have to chat with them. but CONGRATS on the increase! 🎉 thats still a massive W! 🔥
I have a 12,000 limit and only have 500 balance but I pay on time and keep low balance . I don’t see increase option .
Some of their cards don't have the actual button or option to increase your limit yourself. In that case, I would recommend giving them a call instead 👍🏽 Best of luck Dawn!
Helpful video. Got approved for the AMEX BCE but my CL is only $2K, my lowest CL of them all. Gunna ask for a CL in 6 months! I want at least $10K CL.
congrats on the approval! 👏🏽 lmk if you eventually get that CLI
@@willblusk i didnt request 10k as my first CLI. If i did that i’d have to have them do a financial review & id rather not
Does an AMEX card have a statement date/closing date and a due date? Or just a statement/closing date? Because on other cards I hear people talking about those two dates and leaving a small utilization amount to post on your statemebt date then pay it in full before your due date. But with AMEX I only hear people say to pay in full by the 'closing date".
Yes, Amex has statement opening, closing and due dates. They might be referring to Amex charge cards where you have to pay in full before the due date. However, on those cards you don't need to pay in full before the closing date.
Mine doesn't show increase credit limit. Does that mean I'm not eligible?
If you don't see an option on your account, go ahead and call or chat with an Amex representative to request a credit limit increase 👍🏽
they send a form to get your tax transcript. I think its a 4506T. I had to do it when I applied for my delta premier. I told the truth so it was annoying but I knew I would get approved and did. I think I had 4 or 5 cards when I applied---and it was the first time they requested that. Thanks
Jeeez at least u got approved and everything worked out after too! 👍🏽
When you say it would trigger income verification when you have $35k total amex credit line, does this include charge card? Or just credit cards?
Is the $35k total only on the personal side or does it combine personal & business? Thanks
they are separate
@@ChaseYokoyama thank you so much Chase!!! I really appreciate your help!
What if I did max it out and then paid it off in a month would they still maybe do one
Possibly yes.
Should I wait 61 days as a new AMEX customer or should I be safe and wait 91 days?
You can try after 60 days but if it doesn't go through then wait the 90 days 👍🏽 thank you for watching 🙏🏽
I just asked AMEX chat last night and she states: “usually new members have to wait 6 months which would be October for you, but I can try a manual increase request for you” I didn’t know what that meant so I told her I’ll just wait the 6 months 😞
You can wait too if you'd like. Depends on how badly you want to increase your limit now. BUT I would say you could manually request an increase before 6 months.
Reporting back to say I waited 95 days and was just approved today for 3x so now it’s $3k. Can’t wait to do it again in 6 months and request $9k. Thank you Chase for your tips!!!
@@reddwitdreadzwas your limit 1000 starting? I have the blue preferred with annual fee and it will be 90 days on the 9th of may . Do you think I should wait?
Thanks for the information Chase.
Any time!
Thanks Chase! Took my Delta Reserve from 10K -> 30K!
sheeeesh. congratulations! 🔥 thank you for watching.
BEWARE....If you have a bankruptcy on your credit report you will never receive an increase. AMEX will allow you to get the card but you will never receive a CLI until the BK falls COMPLETELY off credit report. I used the card religiously to hopefully get a CLI in 6 months time. Now it sits in the drawer. I've got cards with 25k limit that earn the same cash back.
Nice to know about that 👏🏽 Thank you for sharing. Note to self: Another reason not to go bankrupt.
I’ve been with them for a year and never missed a payment and I pay repeatedly through the month to keep the account from maxing out. Do you think this would show responsibility or risk and make them less likely to approve me? My limit it $1k so not much breathing room for my monthly spending so I actually do need it
No worries, It does not pose you as a risk. 👍🏼 You can keep doing that until your credit limit is finally increased.
I finally pulled the trigger and get my Blue Cash Everyday, and I got 20k to start with. I also have both Gold and Platinum for 2 years now but no other credit cards with Amex. What would be a reasonable amount of credit limit increase should I request in 3 months? Should I do 25k even?
Especially if you will be using the card often I would say that's very reasonable
@@ChaseYokoyama thanks!
Any idea where to find credit limit increase?
It should be in your "account services" section on the amex account website. But if you don't see an option on your account, go ahead and call or chat with an Amex representative to request a credit limit increase. 🙏🏽
You have to call
Just went from 1k to 3k on my Blue Cash Everyday. I was using 44% so I thought they would deny me but they allowed the increase
Sheeesh thats a great improvement 📈 congrats on the increase! Hopefully you wont feel numb anymore. 🤣 thank you for watching!
You went from $1K to $3K why the low ball I thought they would give 3X”s what your starting limit was same to still be low when I see other with Higher credit limits just saying but congratulations
Blue cash everyday
Delta blue
Blue cards for dayz 🔹
@@ChaseYokoyama yessirrr
Plz don’t go buy a Rolex for 10k
A lot of babbling in the beginning!
Sorry about that! I think my newer videos have improved on it.