amex credit limit increase hard pull
As a general rule, whenever you contact a credit issuer to request an increase in your line of credit they are going to perform a credit inquiry to one or more of the three major credit reporting agencies (Equifax, Experian, and TransUnion). They do this to evaluate the risk you pose as a borrower and if they are comfortable with extending additional credit. This inquiry is most cases is called a hard inquiry. Ideally, you want a creditor to perform a soft inquiry (See: Difference between a hard inquiry and a soft inquiry).
That said, not all creditors will perform a hard inquiry when offering a credit line increase, however if you want an increase in a credit line you should be willing to accept a hard inquiry for a creditor to validate your credit history. Check out my video for more information:
- American Express (soft pulls are possible)
- Bank of America, Barclays, and Chase will always perform a hard pull of your credit when looking at a credit line increase.
- Capital One (soft pulls are possible)
- Citi and Citi Soft Pulls (soft pulls are possible)
- Discover (soft pulls are possible)
which credit card companies do a hard pull for a credit
Posts Of Which Credit Card Companies Do A Hard Pull For A Credit
Big Issuers American Express. Doesn’t do a hard pull for credit limit increases, in fact it’s quite easy to get large credit limit increases from American Express.
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Which Credit Card Companies Do A Hard Pull For A Credit