FlyerTalk Forums - View Single Post - Is Chase reducing credit limits for no fault of the cardholder?
Old Jun 15, 2020, 9:53 pm
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sdsearch
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Originally Posted by puchong
I have a Chase Marriott card which I have not used for quite a long time; initially because I was unwell and later because Covid-19 killed all my travel plans. Now I got a letter from Chase that they are lowering my credit limit (which was admittedly quite generous) by 50%. Surprised because I have never had any issues with the card. Is this something they are doing because I have not used the card for some time or because they are generally concerned that with the economy taking a dive folks will be unable to pay their bills?
Originally Posted by anaggie
Happened to my wife also .. we rarely use the card. Keep it as a backup to the Amex.
Datapoints on another site implied that Chase may only be doing this to people who only have a single Chase credit card (not a bunch of different Chase credit cards). For each of you, is this your only Chase card? Thanks.
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