FlyerTalk Forums - View Single Post - Is credit limit cycling ok?

Feb 5, 2015, 12:35 pm

#4

Hecta

Join Date: Dec 2014

Location: DFW

Programs: SPG Gold, SW Companion Pass, Hilton Gold

Posts: 128

Quote:

Originally Posted by pipput1

Hi everyone,

I'm new to FT and this is my first post!

I was reading in another thread that you should never spend/MS more than your credit limit in a given month, even if you're paying it all down before the statement closes. For instance, if I have a 10K limit, and I spend 6 or 7K, pay it back, spend 6 or 7K more, pay back before the statement closes, without ever having a balance of 10K or more, is that ok, or will that hurt my credit score?

Thanks in advance!

I have this same question, but regarding an AMEX card (Hilton Surpass) in particular. I have two Redbirds and was hoping to charge most of my monthly limits to this card but it has a low CL. Should I just use it to meet the minimum spend and then wait to request a CL increase? (Have to wait 60 days from new account to request CL increase)

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