Amex credit limit query

[Odugu Narasimha Rao]

Hello
In May month 2023 I received mrcc and travel platinum Creditcards in August month I transferred platinum travel limit to mrcc and in travel platinum there is some little limit only remained here I have a doubt is will I get limit enhancement offer from amex to travel platinum card after 6 months?else I will close platinum travel Card today.

 

[SSV]

How much did you spend on platinum travel?

 

[Odugu Narasimha Rao]

How much did you spend on platinum travel?

4 lakhs completed from May to till date and I can spend with amex cards is low due acceptance is low

 

[SSV]

Then there are chances, you might get LE.
What was the original limit and current limit?

 

[Odugu Narasimha Rao]

Original limit for both cards are 231000 after transfer limit in mrcc is 410000 and platinum travel Card is 52000

 

[SSV]

BTW , if you have very high limit and don't use much then there is a chance your limit will be reduced.

 

[SSV]

Original limit for both cards are 231000 after transfer limit in mrcc is 410000 and platinum travel Card is 52000

You will most Ikely get LE on platinum travel, if not you can ask them as well

 

[Odugu Narasimha Rao]

BTW , if you have very high limit and don't use much then there is a chance your limit will be reduced.

I am not using mrcc and platinum travel Cards due to acceptance issue in HYDERABAD and I there a chance for credit card limit reduction in mrcc due to no usage

 

[SSV]

I am not using mrcc and platinum travel Cards due to acceptance issue in HYDERABAD and I there a chance for credit card limit reduction in mrcc due to no usage

That's what I read in this forum
Why did you transfer CL in the first place anyway?

 

[Odugu Narasimha Rao]

That's what I read in this forum
Why did you transfer CL in the first place anyway?

I want to use mrcc Card for to take another banks cards via c2c

 

[SSV]

I want to use mrcc Card for to take another banks cards via c2c

okay.
You need at least one year old card for C2C application for most of the banks.
You should have waited for one year and then transfer and then apply for C2C..
I believe , you start using MRCC for online Gvs etc..
I am also from Hyderbad only but I never use it for POS purposes. Actually I never did a POS transaction on any card.

 

[Odugu Narasimha Rao]

okay.
You need at least one year old card for C2C application for most of the banks.
You should have waited for one year and then transfer and then apply for C2C..
I believe , you start using MRCC for online Gvs etc..
I am also from Hyderbad only but I never use it for POS purposes. Actually I never did a POS transaction on any card

I hoped amex also stopped limit transfers in future that's the reason I transferred in August month. I will start using mrcc card to buy Amazon vouchers from next month for electricity bill payments

 

[SSV]

I hoped amex also stopped limit transfers in future that's the reason I transferred in August month. I will start using mrcc card to buy Amazon vouchers from next month for electricity bill payments

That is a good idea.

 

[maheshspanicker]

What is the usual timeframe for Amex Limit Enhancement? I got my card in Jan 2021, got a LE just after 4 months. Since then, for the last more than 2 years, no movement. MRCC, started with 195000, now on 243000.

 

[pprakash11]

BTW , if you have very high limit and don't use much then there is a chance your limit will be reduced.

Is there any confirmation over this ?

Having 6L on MRCC, and spending just 20-30K per month

 

[Odugu Narasimha Rao]

What is the usual timeframe for Amex Limit Enhancement? I got my card in Jan 2021, got a LE just after 4 months. Since then, for the last more than 2 years, no movement. MRCC, started with 195000, now on 243000.

Amex customer support said in every 6 months.

 

[maheshspanicker]

Amex customer support said in every 6 months.

Surely not happening for me, might have to check with them once.

 

[BCh]

I've few queries (off topic) regarding Amex MRCC:
1. In last 3 months I had 3-4 CIBIL enquiries, should I wait or apply for MRCC?
2. Do we get bonus MR points on petrol pump transactions?
Your suggestions please. Thanks in advance.

 

[shutapdiya]

I've few queries (off topic) regarding Amex MRCC:
1. In last 3 months I had 3-4 CIBIL enquiries, should I wait or apply for MRCC?
2. Do we get bonus MR points on petrol pump transactions?
Your suggestions please. Thanks in advance.

1. If your CIBIL score is good, no. of inquiries doesn't matter

2. Direct petrol pump, i guess no rewards but you can buy gvs and use them on petrol pump

 

[BCh]

1. If your CIBIL score is good, no. of inquiries doesn't matter

2. Direct petrol pump, i guess no rewards but you can buy gvs and use them on petrol pump

Thanks