FlyerTalk Forums - View Single Post - Barclays retention offers (all cards)
View Single Post
Old Aug 31, 2016 | 9:35 pm
  #1470  
NYCRuss
 
Join Date: Nov 2014
Location: NYC
Posts: 581
Originally Posted by darthbimmer
Increasing CL only improves your credit rating if you are otherwise getting marked down for carrying a balance too high relative to the CL. There's no other way it helps. And a higher CL can actively hurt your credit rating as it raises your overall risk exposure.
A higher credit line does not hurt FICO scores. It can only help. Even if you only let $2 on one card report, a higher credit line helps.
NYCRuss is offline