Keep in mind that no matter what your initial Hilton Credit Card credit limit will be, you can always ask for a credit limit increase. You can do that, either online or by calling either the number on the back of your card.
When I applied for this card I had a FICO score of 660 and Vantage 2.0 of around 700 (one agency 697 and the other 714). They approved me and I ended up with a credit line of $1000. I imagine, based on the research I’ve done, that I’m essentially near the bottom of the low end to get approved for this card. The good thing about Amex, though, is they are pretty generous about credit line increases. I’ve seen others go in and get a 3x bump after 60-90 days of on time payments and not carrying a balance. I believe being signed up for auto-pay on the full balance also works in your favor.
There is no way to know how high American Express credit limits are. You won’t know your American Express credit limit until you’re approved for an account. American Express does not disclose a minimum credit limit in their cards’ terms and conditions, unlike some other major issuers. All Amex says is that your credit limit depends on your credit history, debt level, income, and payment history on other American Express cards.… read full answer
One way to estimate what credit limit you might get on an American Express card is to read customer reviews of the card. People will often post what limit they received, sometimes with their credit score and income. But you should take any of these numbers with a grain of salt. Just because someone with a similar credit score or income got a certain limit, it doesn’t mean you will, too.
You can get an American Express credit limit increase by requesting one online or by calling either the number on the back of your card or (800) 528-4800. To request a credit limit increase online, follow these steps:
Log into your Amex account using your credentials.
For phone requests, you’ll be dealing with an automated system at first. But entering your account number and answering the prompts with “Increase credit limit” will get you transferred to a customer service representative who can walk you through the process.
Those are the basics, but there are a few more things you should know before asking for a higher limit.
Here’s how American Express credit limit increases work:
American Express decides your limit based on your credit reports and scores, your total debt and your payment history with Amex. Your income and the amount of credit you use also play a role.
You have a stronger chance of being approved for an increase if you’ve made at least your last five consecutive payments on time. Falling behind on your payments or going over your credit limit will most likely get you a denial.
It is not certain whether Amex will do a hard inquiry or not for credit line increase requests. That means asking for one might cause a temporary dip in your credit score.
There are anecdotal reports of applicants being denied because they asked Amex for a credit limit increase within 60 days of opening their account. That’s not surprising. Credit card companies generally won’t even consider you for a higher limit unless your account has been open for at least six months. Some people also report that the biggest increase you can get is three times your current limit. But that too is unsubstantiated.
There’s no guarantee you’ll get an American Express credit limit increase, but it doesn’t hurt to ask. So long as you don’t use a higher limit to overspend, asking for one can be an easy way to improve your credit score. After all, spending the same amount of money with a higher limit means a lower credit utilization ratio.
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