Misc Credit Card Questions

[davidd75]

BOA and Chase seem to be the most generous with starting limits for many.  Citi starts out more conservative.  Amex also may start out with lower limits, but in a short time you can easily make it a higher limit with just soft pulls.  BOA and Chase are also very easy to get a high limit with combining limits since you can reallocated limits at any time.  My first BOA card was opened in 2014 and has a $50K limit now.

Many credit unions are more generous with starting limits such as PenFed, UNFCU and NFCU.  My NFCU limit is up to $50K now as well.

Thanks!

so more specifically which cc you think will give out biggest credit line?

[Marko Rubio]

is it normal that i tried making a charge of $1200 on a chase freedom card and it was declined and i had to call in just to verify it for security?

[Mendelssohn]

Thanks!

so more specifically which cc you think will give out biggest credit line?

BOA or Chase, and depending on the card you apply for. The Chase Freedom is not known for high starting limits.

[Mendelssohn]

is it normal that i tried making a charge of $1200 on a chase freedom card and it was declined and i had to call in just to verify it for security?

If you don't normally make charges that big or in that store or geographical area, this would be normal. Is $1200 a large purchase for you?

[Marko Rubio]

If you don't normally make charges that big or in that store or geographical area, this would be normal. Is $1200 a large purchase for you?

yep thini the last time i made a purchase in that range was like a year ago, but is it any risk to make a large purchase if im not used to make?

[sruliL]

Can anyone tell me the risks in doing this: I have an AMEX SimplyCash Plus that I am trying to make a 1k spending threshold to get sign up bonus. I'm not going to spend 1k in 3 months so I would buy two $500 GCs from giftcardmall.com and add them as debit card on my Serve acct ($200/day for 5 days) and use that to pay bill. How high are my chances of getting the Serve acct shut down or getting F/R on the AMEX?
Thanks!

[Zalc]

Can anyone tell me the risks in doing this: I have an AMEX SimplyCash Plus that I am trying to make a 1k spending threshold to get sign up bonus. I'm not going to spend 1k in 3 months so I would buy two $500 GCs from giftcardmall.com and add them as debit card on my Serve acct ($200/day for 5 days) and use that to pay bill. How high are my chances of getting the Serve acct shut down or getting F/R on the AMEX?
Thanks!

Maybe send money to a friend with Venmo and swallow the fee?

[David Smith]

Can anyone tell me the risks in doing this: I have an AMEX SimplyCash Plus that I am trying to make a 1k spending threshold to get sign up bonus. I'm not going to spend 1k in 3 months so I would buy two $500 GCs from giftcardmall.com and add them as debit card on my Serve acct ($200/day for 5 days) and use that to pay bill. How high are my chances of getting the Serve acct shut down or getting F/R on the AMEX?
Thanks!

Just load 1000 to serve online. Much simpler.

[sruliL]

Just load 1000 to serve online. Much simpler.

Are there risks? I'm not so worried about getting Serve shutdown as I'll still be able to use the funds but I am really scared of F/R.

[sruliL]

Just load 1000 to serve online. Much simpler.

Also, should I process $200 bill pay everyday or just wait 5 days and process $1000?

[davidd75]

BOA or Chase, and depending on the card you apply for. The Chase Freedom is not known for high starting limits.

I heard discover It card or capital venture card also are generous with their credit lines?

[LoLo]

I heard discover It card or capital venture card also are generous with their credit lines?

Not IME.

[emjee]

I heard capital venture card are generous with their credit lines?

Major YMMV IME . Capital one is my lowest credit line atm (under 10k). However there's a reason I keep it.

[username]

yep thini the last time i made a purchase in that range was like a year ago, but is it any risk to make a large purchase if im not used to make?

I believe that with AMEX, if you make a large purchase which triggers a fraud alert, it puts eyes on the account, which can lead to an account review, or whatever they call it.

[ydf]

any risk of making a payment from a friends bank account to my chase or amex cards?
since im only giving them the routing and account number can they see the name on the account from where im making the payment?

[davidd75]

Not IME.

so which cards do you think give the highest credit line?

[LoLo]

so which cards do you think give the highest credit line?

I got my biggest lines from Chase and amex, followed by citi.

[Marko Rubio]

any risk of making a payment from a friends bank account to my chase or amex cards?
since im only giving them the routing and account number can they see the name on the account from where im making the payment?

i do it all the time, why should it be a risk?

[ydf]

i do it all the time, why should it be a risk?

that was my question, so its no risk to pay with someone else bank account? i remember seeing on ddf that it is a risk can anyone  pls confirm?

[emjee]

that was my question, so its no risk to pay with someone else bank account? i remember seeing on ddf that it is a risk can anyone  pls confirm?

It's fine . No risk and IIRC the discussion wasn't about amex