IMHO, a $500 CL is a warning shot from the bank. Take it very easy.

I note that, IME, Chase hands out CLs in the $5K to $20K area very freely.

What kind of card brought you this tiny limit? Do you anticipate a bonus on the card?

If it were me, I'd use the card to approach the limit every month for a few months, paying in full and before the due date.

Good chance the bank will then raise your CL.

Or, perhaps, you are a student or very low income person and that creates the issue.

We need more details from you.