Originally Posted by
ericdabbs
So you are telling me if got approved for a CC with just a 3K limit, you are not going to cycle more than 1x especially if its a 5% card? Of course if people had $30K CLs, there would not be a need to cycle CLs but we know of course that each person has a different financial profile.
There was/is a reason why the CC issuer gave $3k CL...either you didn't optimize your FICO before you applied or income reported on the application was low for them to give much CL or the combined CL across that institution reached max, etc...I'm not much of a risk taker, so I would hope for the auto-CL in 6 months or hopefully less (depends on the issuer)...if the auto-CL is not enough, take a HP for a CL increase or move CLs around if the issuer allows that....good luck.