Originally Posted by
aspenedelen
What my motivation is finding out why most other banks give me a much higher credit limit vs the medium limit that Amex gives to me?
Honestly... with the CC portfolio described above... not sure how many of these cards are business cards but
my AMEX Delta I have come to find out only has a $2k limit on it, my CITI VISA Signature has a $18k limit on it, I have a USAA that has a $20k limit, a Pen Fed with a $15k limit and the Surpass with a $8k limit.
these sound like personal cards and if that is the case then you have a 63,000$ credit portfolio on these cards alone. If you have a combined income of 90k I would say that the revolving consumer credit extended to you is pretty much exhausted under objective circumstances. Of course this is the U.S. and CC wise anything is possible.
Put yourself in the banks shoes, there is a guy that has a huge volume of credit available. Yes he has a good payment history and even pays off in full. But what if one day you decide to go berserk, charge up all your cards and then fold? Ok the statistic does not speak for it but banks are (and should) be cautious.
If you want a higher limit from Amex try to drop one of the other cards like the Pen Fed. No guarantees obviously. Chances are you got all these approved when the banks where in better shape. Nowadays I would say good luck getting a credit extension worth 2/3 of your annual income.