How much x your CL do you MS?
Mar 5, 2014, 12:49 am
#1
Original Poster
Join Date: Feb 2012
Posts: 72
How much x your CL do you MS?
Wanted to ramp up my spending by maxing out my cc, paying it off and repeating the cycle once more before statement closes as my MS is limited by a fairly low credit limit. How many times your credit limit can one usually spend without raising a red flag or getting a financial review? I was planning on doing CLx2.
Last edited by cricfan777; Mar 5, 2014 at 1:26 am
Mar 5, 2014, 1:21 am
#2
Join Date: Sep 2013
Location: SFO/DTW
Programs: DL PM 0.5MM, Hyatt Globalist, HHonors Gold, SPG Plat, Marriott Gold, Avis PC, National EE, Hertz PC
Posts: 1,988
Depends on what CC. I was able to do 2X with my first AMEX card. However, my chase cards don't seem to let me go above the CL. Not sure why.
Mar 5, 2014, 5:30 am
#5
Join Date: Sep 2013
Location: SNA/LAX
Posts: 1,407
Deeply depends on the bank and how much I value my "relationship" with them. Rarely over 1x with AMEX, many times over with Citi, a little times over with Chase, and anything really with Barclays and US Bank. 
See how "it depends"?
See how "it depends"?
Mar 5, 2014, 9:28 am
#7
Join Date: May 2013
Location: AZ
Programs: AA, UA, US
Posts: 525
Wanted to ramp up my spending by maxing out my cc, paying it off and repeating the cycle once more before statement closes as my MS is limited by a fairly low credit limit. How many times your credit limit can one usually spend without raising a red flag or getting a financial review? I was planning on doing CLx2.
Mar 5, 2014, 10:32 am
#8
Join Date: Nov 2012
Posts: 87
2($500)=$1,000 MS
2($50,000)=$100,000 MS
Mar 5, 2014, 10:53 am
#9
Original Poster
Join Date: Feb 2012
Posts: 72
I was trying to figure out if doing 2x CL of 5000$ with SPG would raise a red flag. Doesn't seem to be the case. I don't want to spend 50k a month as I don't want to play with MO or other modalities. I'm happy with BB.
Mar 5, 2014, 10:57 am
#10
Join Date: Apr 2012
Location: Uranus
Posts: 333
I got a $3k original limit w/ WF. Called 2 weeks later and got it bumped to 10k. YMMV as I also have a Mortgage relationship with them.
Mar 5, 2014, 11:19 am
#12
Join Date: Feb 2014
Posts: 511
IMO I'd have a tendency to worry more about massively exceeding your stated income on your application with a CC issuer than whatever CL you receive for a particular card product.
Someone going 3x their $3k CL each month with $100k in stated income probably isn't going to red flag like someone going 1x their $10k CL each month with $60k in stated income.
Just a thought, relatively new to MS/CC game.
Someone going 3x their $3k CL each month with $100k in stated income probably isn't going to red flag like someone going 1x their $10k CL each month with $60k in stated income.
Just a thought, relatively new to MS/CC game.
Mar 5, 2014, 11:55 am
#14
Original Poster
Join Date: Feb 2012
Posts: 72
IMO I'd have a tendency to worry more about massively exceeding your stated income on your application with a CC issuer than whatever CL you receive for a particular card product.
Someone going 3x their $3k CL each month with $100k in stated income probably isn't going to red flag like someone going 1x their $10k CL each month with $60k in stated income.
Just a thought, relatively new to MS/CC game.
Someone going 3x their $3k CL each month with $100k in stated income probably isn't going to red flag like someone going 1x their $10k CL each month with $60k in stated income.
Just a thought, relatively new to MS/CC game.