American Express and credit limit increases?

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  • Ben8282
    Ben8282 Posts: 4,821 Forumite
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    Dr.xLord wrote: »
    My starting CL with Amex platinum cashback was £15000 then i asked after 60 days for £25000 they gave £22500 instead
    Have you signed up to the forum simply to bring this old thread back to life by posting this improbable information?
  • dave1345
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    I'm not sure it is improbable. My experience with Amex is that after getting a card they will increase the limit if I ask them to within a week or so. There was no waiting 3 months or 6 months as some other people have indicated. Amex seem a lot more flexible with their limit setting in my personal experience.
  • The_Urbanite
    The_Urbanite Posts: 359 Forumite
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    edited 20 October 2019 at 12:57AM
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    They also offer limit increases after carrying out financial reviews. An almost doubling of the credit limits promptly follows whenever Amex have carried out these reviews in my experience.
  • boo_star
    boo_star Posts: 3,202 Forumite
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    Ben8282 wrote: »
    Have you signed up to the forum simply to bring this old thread back to life by posting this improbable information?

    AMEX gave me a £5000 limit and then offered £12700 after three months. I think you're wrong in this instance.

    They're picky, but generous.
  • Ben8282
    Ben8282 Posts: 4,821 Forumite
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    15K to 22.5K on a credit card after 2 months? Still don't buy it.
  • boo_star
    boo_star Posts: 3,202 Forumite
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    Ben8282 wrote: »
    15K to 22.5K on a credit card after 2 months? Still don't buy it.

    I wouldn't have bought an increase from £5k to £12700 was likely either. You might be right but it's not improbable...
  • blue.peter
    blue.peter Posts: 1,213 Forumite
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    edited 20 October 2019 at 8:46AM
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    (Please ignore. I wrote a post in error, but can't seem to simply delete it. Apologies.)
  • [Deleted User]
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    It’s certainly not impossible (speaking from experience)
  • Rosco32
    Rosco32 Posts: 241 Forumite
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    I got my Amex in Jan 2014, and the limit was reasonable. I used it a lot initially for the cashback and I still use it to this day. 6 years on and my limit is extremely high now. I guess you'll have to wait a few months and apply for a limit increase.
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