Originally Posted by
gudugan
Isn’t this bad for your credit?
it is only bad if your overall credit utilization is high, not per card. you can also choose to pay off before the statement closing to lower the utilization.
Originally Posted by
nexusCFX
Denied CLI by WF for "insufficient experience" with the card. My CL got slashed hard going from Evolve to WF, 22k down to 10k, and given the cost of my rent the card is basically at full utilization all the time because why pay off what I can float, but it means I can't put any other spend on the card which I'd think Bilt and WF would want me to be doing.
Originally Posted by
skydelt
In the same boat, moved from Evolve, asked for a CLI, got denied. My CL on the WF Bilt is 25% of my next lowest one, inclusive of cards I got when I was a student - it's a bit of a joke. My SO originally got the WF Bilt, and after a year was able to get a whopping...$500 CLI.
for WF, i feel that how much credit you currently have is the major factor when deciding the CL they will give. my friend got a higher CL despite a lower credit score and income. but he only has 1 other credit card