Author Topic: Misc Credit Card Questions (Read 1937601 times)

TimT · « **Reply #3840 on:** May 25, 2016, 10:29:48 AM »

Quote from: Mendelssohn on May 25, 2016, 10:02:34 AM

That number will vary by person. There is no set standard for what a nice credit line is.

My highest at the moment is $50K, and I view that as a work in progress.

Just curious, did it start at $50k ?

Mendelssohn · « **Reply #3841 on:** May 25, 2016, 10:32:41 AM »

Quote from: TimT on May 25, 2016, 10:29:48 AM

Just curious, did it start at $50k ?

No. It's a BOA card. My first BOA approval was a Fidelity Amex at $15K that eventually made it to $25K, and the current limit is the result of the combination of 2 cards plus part of the limit from a third.

yochiek93 · « **Reply #3842 on:** May 25, 2016, 04:11:45 PM »

In order for the free night certificates on the citi Hilton reserve to generate does it have to pass the statement or just pay what's due?
Citi said to change the statement date it takes one or two billing cycles is that true?

Jay s · « **Reply #3843 on:** May 26, 2016, 08:39:47 PM »

Does citi or Chase allow you to spend Obove your credit limit ? With Amex it seems like they always allow above the limit

rs242 · « **Reply #3844 on:** May 26, 2016, 10:25:21 PM »

I made a request to raise my credit limit on my Amex Spg business card and got a email to call them to talk about it, I never got this before is it odd?

ckmk47 · « **Reply #3845 on:** May 26, 2016, 11:19:37 PM »

You should keep your total credit at a reasonable % of your reported income. If it gets too high, the banks get nervous and you're ripe for a FR.

Mendelssohn · « **Reply #3846 on:** May 27, 2016, 01:05:01 AM »

Quote from: ckmk47 on May 26, 2016, 11:19:37 PM

You should keep your total credit at a reasonable % of your reported income. If it gets too high, the banks get nervous and you're ripe for a FR.

-1

Simply having high limits does not lead to a FR.

meme · « **Reply #3847 on:** May 27, 2016, 04:45:37 PM »

Got a letter from chase that they are closing one of accounts due to lack of activity, and that even if I use it now it will close. Any way to keep it open? Will they let me transfer the CL?

Mendelssohn · « **Reply #3848 on:** May 27, 2016, 04:50:40 PM »

Quote from: meme on May 27, 2016, 04:45:37 PM

Got a letter from chase that they are closing one of accounts due to lack of activity, and that even if I use it now it will close. Any way to keep it open? Will they let me transfer the CL?

You can try, but others have been unable to do that so far.

They appear to be cleaning out a lot of dormant accounts.

TimT · « **Reply #3849 on:** May 27, 2016, 04:59:26 PM »

Quote from: meme on May 27, 2016, 04:45:37 PM

Got a letter from chase that they are closing one of accounts due to lack of activity, and that even if I use it now it will close. Any way to keep it open? Will they let me transfer the CL?

When was the last time you used it ?