American Express Limit Increase

[Heisenberg37]

can you get LE on amex card without income docs, i have spent around 4-5 lac in past 4 months on mrcc.
Card is 4 months old.

 

[Ram1]

My plat travel card is 6 months old and spent 4.5L, called cc and they increased limit from 90k to 1.35L

So its usually 50% of current limit, in my case 45k

 

[Heisenberg37]

My plat travel card is 6 months old and spent 4.5L, called cc and they increased limit from 90k to 1.35L

So its usually 50% of current limit, in my case 45k

did they ask for any income docs?
what exactly they asked you
did you provided them your desired limit?

 

[Ram1]

did they ask for any income docs?
what exactly they asked you
did you provided them your desired limit?

They asked my salary. I told them, they run their algorithm in their system.
So they gave 2 options, on call LE to 1.45L
If needed more, i need to send payslips.
So i accept on call LE without docs

 

[starstruck]

Asked for Limit enhancement in MRCC today with customer care. I have not got LE since I got the card in Jan 21. No documents were required. They only asked some questions.

They increased it by 50%. Started reflecting by end of call.

 

[emadiqbalali]

I asked them this month for LE as my card completed 6 months. Initially, they were unwilling to do it without proofs given my high exposure to Amex. I told them I am yet to file ITR so they asked me to give an estimate amount. They gave a 2L increase on my existing limit without asking for any docs, taking my overall limit to above 10L.

My 6 months completed on 12th this month and I asked them to increase my limit. They then asked me for the gross CTC to which I said by bumping it up to 9.2LPA but they said sorry this is the highest for now and reach us back within a month or so to see if I am eliglible.

 

[Ram1]

My 6 months completed on 12th this month and I asked them to increase my limit. They then asked me for the gross CTC to which I said by bumping it up to 9.2LPA but they said sorry this is the highest for now and reach us back within a month or so to see if I am eliglible.

There is no harm in saying highest ctc. Because their algorithm gives limit based on ctc only and wont ask u any documents

 

[emadiqbalali]

There is no harm in saying highest ctc. Because their algorithm gives limit based on ctc only and wont ask u any documents

I did quote higher CTC than what I am drawing but their algorithm didn't give me any limit increase unfortunately.

 

[Ram1]

I did quote higher CTC than what I am drawing but their algorithm didn't give me any limit increase unfortunately.

I told 5 times higher lol

 

[Heisenberg37]

I told 5 times higher lol

can you tell m how much you told them? and how much le you got?
my card will complete 6 months after few days, current limit 153k
how much should i tell them to increase it by 50-70-%

 

[Heisenberg37]

They asked my salary. I told them, they run their algorithm in their system.
So they gave 2 options, on call LE to 1.45L
If needed more, i need to send payslips.
So i accept on call LE without docs

how much did you told them? and did they aske for proof?

 

[Walter White]

how much did you told them? and did they aske for proof?

40L ke ITR pe approx 8-10L mil jaati hai. Generally 1:6 to 1:4 ka hota hai Amex me limit to gross annual income ka

 

[Heisenberg37]

40L ke ITR pe approx 8-10L mil jaati hai. Generally 1:6 to 1:4 ka hota hai Amex me

i took card as salaried, that time i gave salary slip and bank statement 60k, ab kitna ctc bolna chaiye so that i get high limit.
ab proof b na maange, without shak

 

[Walter White]

i took card as salaried, that time i gave salary slip and bank statement 60k, ab kitna ctc bolna chaiye so that i get high limit.
ab proof b na maange, without shak

16 tak bol dena

 

[Heisenberg37]

16 tak bol dena

16 sun ke proof toh ni mangege?

 

[Walter White]

16 sun ke proof toh ni mangege?

60k per month net ka matlab approx 9-10 LPA tumhara gross hoga. Kuch zyada kahe toh bol dena switch maar liya. Company switch bhi kar liya toh average case me 30%-40% ka raise mil jaata hai toh 15-16L ke around normal hi hai. Kuch toh bonus bhi hoga hi.

 

[emadiqbalali]

16 tak bol dena

Can we like recall them for LE or they will know we called and are lying now?

 

[Deleted member 13981]

16 sun ke proof toh ni mangege?

Agar card responsibly use kiya hai aur algorithm allow karta hai toh nahi maangte. Par future mein submit karne ko nahi bolenge iski koi guarantee nahi hai. Isliye jo bhi salary batao usme aur actual salary me drastic difference nahi hona chahiye. Amex financial review bol ke income documents maang sakta hai.

 

[Heisenberg37]

60k per month net ka matlab approx 9-10 LPA tumhara gross hoga. Company switch bhi kar liya toh average case me 30%-40% ka raise mil jaata hai toh 15-16L ke around normal hi hai. Kuch toh bonus bhi hoga hi.

15 lpa pe take home salary kitni hogi?
and how do you calculate such thing like gross pe take home kitni hogi or ctc pe

 

[SSV]

Can we like recall them for LE or they will know we called and are lying now?

Don't do it, wait for 6 months and meanwhile try to spend more on the card..

 

[Walter White]

15 lpa pe take home salary kitni hogi?
and how do you calculate such thing like gross pe take home kitni hogi or ctc pe

Generally divide by 14 ya 15 kar diya karo toh approx idea lag jaata hai. Without including joining bonus and ESOPs.