American Express will automatically increase the credit limit for eligible credit card accounts based on periodic account reviews that typically begin six months after an account is opened. Automatic credit limit increases are done at American Express’s discretion, and there’s no guarantee when one will occur.
How to Get an Automatic Credit Limit Increase From American Express
You don’t have to do anything for American Express to review your account for an automatic increase. However, taking the following steps will boost the odds of getting American Express to automatically increase your credit limit:
- Pay the bill on time for at least the first six months that you have the card.
- Keep your credit utilization below 30%.
- Update your account profile if your income has gone up since you applied for the card.
How a American Express Automatic Credit Limit Increase Affects Your Credit Score
A American Express automatic credit limit increase requires a soft pull of your credit, which does not affect your credit score.
American Express may offer you the option to decline the automatic credit limit increase amount and request a higher increase. If you decline and ask for a higher amount, American Express will conduct a hard pull on your credit report, but they cannot do so without your permission.
A hard pull may lead to a slight decrease in your credit score, but your score should bounce back after a few consecutive months of timely payments. You can keep track of your progress with free daily credit score updates from WalletHub.
This answer was last updated on 07/08/24 and it was first published on 10/13/23. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
