Originally Posted by
jets47
I've read stories where people complete these tax statements for AMEX and end up getting some of their credit lines shaved, or sometimes cancelled altogether. I wouldn't want to risk that (even if I am telling the truth on the application). Why is it that they'd ask for this now and not when you first apply.
And, it'd be good to know if the fact that this request is coming up indicate that there's a red flag on my account. Would anybody know that?
Could not replying to this affect my chances of getting approved for a Platinum card?
You've hit the Amex ceiling for credit limits they're willing to extend without a financial review. This is just how they operate, and is no reflection per se, on them suddenly viewing you as a higher "risk" because of the CLI request alone. It's most likely not a red flag on you; it's just a blanket policy. If someone abuses the CLI option with repeated requests for higher and higher limits in a short time span, this has been known to trigger a red flag and FR.
If you want higher limits on your Amex credit cards (not charge cards), you'll probably have to comply either now or later. What are your total limits across the 3 credit cards mentioned? The threshold has been quoted as $25k per card, or @ $35k across all credit cards. This is very much a YMMV threshold, though, depending on the individual's situation.