Reducing credit card limit
Mar 10, 2022 | 6:27 pm
#1
Original Poster
Join Date: Jun 2009
Posts: 2,480
Reducing credit card limit
Guys - in general, should I reduce the credit limit card issuers provide me given to maximize the number of credit cards I can apply? Most times I get 17k but then few months later, when I apply for a new card, they say too much credit out. I usually don't need more than 5k and pay off my balances in full
Thanks
Thanks
Mar 11, 2022 | 6:51 am
#2
Join Date: Oct 2006
Location: USA
Programs: DL PM, Hyatt Globalist
Posts: 2,369
Guys - in general, should I reduce the credit limit card issuers provide me given to maximize the number of credit cards I can apply? Most times I get 17k but then few months later, when I apply for a new card, they say too much credit out. I usually don't need more than 5k and pay off my balances in full
Thanks
Thanks
Higher limits beget higher limits. Do you have multiple cards with any of the issuers known to combine limits? That is one way to crowbar your limits up.