The Amex Blue Cash Everyday credit limit is based on American Express’s assessment of each application, so the card’s credit limit will be different for each applicant.
For the most part, Amex Blue Cash Everyday credit limits depend on each applicant’s overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.
That said, the Amex Blue Cash Everyday credit limit that you start with isn’t necessarily your credit line forever. You can ask to get a credit limit increase by calling the American Express customer service number on the back of your card, but it’s best not to do that more than once a year. American Express will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases with American Express
The Amex Blue Cash Everyday credit score requirement is 700 or better. That means applicants for the Amex Blue Cash Everyday need good credit or better to be approved.
But your credit score is only one of the factors considered when you apply. American Express will also consider your income, existing debts, number of recently opened accounts and other things. Make sure you are aware of what American Express looks for before applying.… read full answer
Amex Blue Cash Everyday Credit Score Info
The Amex Blue Cash Everyday credit score requirement is 700, at a minimum. That means you’ll need at least good credit for approval.
Other requirements for the Amex Blue Cash Everyday include a steady income and a Social Security Number, ITIN or passport (Amex can access your credit reports from select countries so you don’t necessarily need a credit history in the U.S.). American Express will also look at your expenses, existing debt, credit history and recent credit inquiries.
There are no American Express credit cards that are easy to get. They all require good credit or better. The USAA® Secured American Express® Card used to be the easiest American Express card to obtain as it was available to people with bad credit. But USAA® Secured American Express® Card is no longer available to new applicants.… read full answer
While American Express credit cards aren’t that easy to obtain, there are several other credit cards that are easy to get approved for.
Having one of these credit cards may increase your chances of landing an American Express credit card in the future if you use it responsibly. That means paying your bill on time every month and keeping your credit utilization below 30% of your credit limit.
To get a high limit credit card, you will need good or excellent credit and proof that you can afford a high spending limit, as your income, assets and existing debt obligations will be taken into consideration. Picking the right credit card goes a long way, too.
Apply for a credit card with a high starting limit
Top-notch credit cards such as the Chase Sapphire Preferred® Card typically offer credit limits starting at $5,000 to $10,000. You may find minimum starting credit limits listed in some cards’ terms and conditions. In other cases, you might be able to get some information from cardholder reviews.
If you’re unlikely to qualify based on your score, you will need to add positive information to your credit report by catching up on any past-due bills and maintaining a steady history of on-time payments, among other things. Once you’ve established a strong credit profile, you can then target credit cards known for their high initial credit limits.
Increase your income and reduce your debt
The higher your income is, the better chance you have of getting a new card with a high initial credit limit. Similarly, reducing your debt boosts your odds.
You might therefore want to consider increasing your income through a second job, investments, or even a new job with a higher starting salary. Also, if your income goes up in the future, be sure to update your credit card’s issuer, as this could help get you a higher credit limit.
Not all issuers will give automatic increases, and there’s no guarantee the issuers that do provide them will automatically bump up your credit limit. However, requesting a credit limit increase on your own may result in a hard inquiry, which could hurt your credit score.
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