topic Re: What's your goal cc limits? in Credit Cards

What's your goal cc limits?

snowkitty — Mon, 28 Jan 2013 20:06:44 GMT

I'm curious....what is your goal credit card limit all together? All you can get, to match your salary or what?

When I started building my credit last year, my first goal was to just get approved (lol), then once I started getting cards I wanted to break the 5,000.00 credit limit on a card. I did that today with a new Amex BCE approval. I don't see really needing much more than 5k on any of my cards. So I'm curious what goals y'all set. Do you jusy always want more as you get more/better cards??

Re: What's your goal cc limits?

thom02099 — Mon, 28 Jan 2013 20:09:36 GMT

snowkitty wrote:
I'm curious....what is your goal credit card limit all together? All you can get, to match your salary or what?

When I started building my credit last year, my first goal was to just get approved (lol), then once I started getting cards I wanted to break the 5,000.00 credit limit on a card. I did that today with a new Amex BCE approval. I don't see really needing much more than 5k on any of my cards. So I'm curious what goals y'all set. Do you jusy always want more as you get more/better cards??

Went over $100K this month, so I'm very satisfied with where I am. I have the cards that I wanted and the limits are fine where they are. If I get auto-CLI, cool...if not, I'm just fine with staying where I am! Time to GARDEN big time ! ! ! !

Re: What's your goal cc limits?

SwiftTone — Mon, 28 Jan 2013 20:14:32 GMT

$10,000 per card, $50,000 total CL. I was hoping to get over the $10k hump on my 61 day 3x CLI from $5400 starting CL to $15k. But they only gave me $8500. Disapointed to say the least but I only put about $700 through the card in 3 months so its expected.

Re: What's your goal cc limits?

Walt_K — Mon, 28 Jan 2013 20:14:06 GMT

I like having my limits high enough to be able to book airfare and hotel for family vacations without having to worry about multiple payments.

Re: What's your goal cc limits?

calihlove75 — Mon, 28 Jan 2013 20:15:50 GMT

snowkitty wrote:
I'm curious....what is your goal credit card limit all together? All you can get, to match your salary or what?

When I started building my credit last year, my first goal was to just get approved (lol), then once I started getting cards I wanted to break the 5,000.00 credit limit on a card. I did that today with a new Amex BCE approval. I don't see really needing much more than 5k on any of my cards. So I'm curious what goals y'all set. Do you jusy always want more as you get more/better cards??

I just want to get my first 5 digit limt...without a hard pull and recover from all my new accounts and inquiries over the last year. I am hoping in six months I will have all my scores at 760+ if I don't app.

My goal later this year is to obtain Discover with a high starting limit and low APR and maybe CSP. Perhaps a Citi card...but only because they have denied me twice and I think I just want the satisfaction of getting them to say yes..lol

Re: What's your goal cc limits?

injustifiiable — Mon, 28 Jan 2013 20:19:30 GMT

Eh, I would love at least one card with at least $5K at this point...something I can travel with without issues. For daily use, though, cards in the $1K - $2K range would be perfect.

Of course, the more the better. I'd just lock up most of them.

Re: What's your goal cc limits?

armbenderc — Mon, 28 Jan 2013 20:25:13 GMT

snowkitty wrote:
I'm curious....what is your goal credit card limit all together? All you can get, to match your salary or what?

When I started building my credit last year, my first goal was to just get approved (lol), then once I started getting cards I wanted to break the 5,000.00 credit limit on a card. I did that today with a new Amex BCE approval. I don't see really needing much more than 5k on any of my cards. So I'm curious what goals y'all set. Do you jusy always want more as you get more/better cards??

10k per card is what I am aiming for non Amex.

25k is Amex!

Re: What's your goal cc limits?

chnceit — Tue, 29 Jan 2013 01:17:55 GMT

I want to break the $20K limit :smileyhappy: I am currently at $16K! Hopefully this year :smileywink:

Edit to add break the $100K barrier! Almost there :smileyhappy:

Re: What's your goal cc limits?

shakalaka — Mon, 28 Jan 2013 21:19:14 GMT

Walt_K wrote:
I like having my limits high enough to be able to book airfare and hotel for family vacations without having to worry about multiple payments.

That´s a good one.

In additon: Enough to not worry about UTIL if a balance reports. Still PIF of course, but not before statement cuts. Aiming to pay on due date.

Re: What's your goal cc limits?

sccredit — Mon, 28 Jan 2013 22:25:55 GMT

I would like to break $100k in revolving lines this year

Re: What's your goal cc limits?

Bay_Area_Joe — Mon, 28 Jan 2013 22:41:48 GMT

My first goal was to get credit, then to get more diverse credit, then break 10k on a card, then 10k on more than one card. Then finally to get back in with AMEX for backdating. All of these goals were obtained this month.

Next goals;

Get a single credit card to break 20k.

My goal is to break the 100k barrier of total credit limits.

Get more AMEX products for backdating purposes. Each additional account will get me another 21 years....

Renew my personal LOC with Wells from 10k to 25k, hopefully April 2013 will do it.

I have been working hard, but the only thing that works is TIME...Darn Experian, so many prime CC use them, inquiries stink..... and of course on time payments.

Thanks to myFICO forum I have been able to achieve goals to date.

Re: What's your goal cc limits?

navigatethis12 — Mon, 28 Jan 2013 22:49:56 GMT

Id like to get above 10000 on a card, but am too afraid to ask for it lol. I would also like to get a higher limit card on the Visa/Mastercard network. The highest I have is 6000 and the higher limits are all on the wretched American Express network.

Re: What's your goal cc limits?

zerobacan — Mon, 28 Jan 2013 22:54:55 GMT

Get to 10k total revolving acc this year, Im in 4.5ks :)

and Get a descent 3 or 4ks since CC, hoping to achieve it when I can finnaly cut my hands of app again! and garden what I have....

Re: What's your goal cc limits?

FutureBillionaire — Mon, 28 Jan 2013 23:42:58 GMT

shakalaka wrote:
Walt_K wrote:
I like having my limits high enough to be able to book airfare and hotel for family vacations without having to worry about multiple payments.
That´s a good one.

In additon: Enough to not worry about UTIL if a balance reports. Still PIF of course, but not before statement cuts. Aiming to pay on due date.

I agree with both of these thoughts.

Re: What's your goal cc limits?

Sweets8E — Tue, 29 Jan 2013 00:46:29 GMT

My credit goal is to have all my major cards at $5k or better. $10k is the sweet spot, but I make $60k a year and after awhile, I'm guessing creditors will look at my salary and my available credit and think "Why does she even need more credit? What she has is more than sufficient." Which in fact is true, but it would be nice to have every single friggin card sitting at or above a $5k limit. At this point though, I feel very secure and just more at ease anyway because even if I do charge on one card heavily, it doesn't hurt my utilization much.

Here's to hoping to get the last 3 over the $5k mark.

Re: What's your goal cc limits?

aplast — Tue, 29 Jan 2013 00:49:36 GMT

I would like to finally cross 5k. I think that limit will suffice until my income grows some more.

Re: What's your goal cc limits?

LesWH — Tue, 29 Jan 2013 00:54:50 GMT

My goal was to have a total revolving availability of $100,000 and I have done that. In fact it is a little over. I don't need anymore credit.

Re: What's your goal cc limits?

starry1 — Tue, 29 Jan 2013 01:05:29 GMT

I only want enough to cover any emergencies that might happen, maybe $10-20k total. I think any more than that might scare me a little.

Re: What's your goal cc limits?

_jb_ — Tue, 29 Jan 2013 07:43:45 GMT

I never really had a limit, but thought $5,000 per card would be nice (I only want about 5 cards). Then my second CC was approved with a CL of $25,000 and that was a seriously good feeling. I have just over $30,000 total available credit now, and that is plenty for me right now, though I will strive for $5,000 per card just so I don't have to worry about utilization on any one card. I just want enough to pay for emergencies while woking overseas.

Re: What's your goal cc limits?

distantarray — Tue, 29 Jan 2013 09:04:15 GMT

I have 55k+ now, I'm aiming for 100k+ mainly because I prefer my Fico score to fly first class in luxury, and not have to face the rocky roads of credit / debt ratios :P

Since I'm known to charge upto 10k a month or so, it's nice to not have to worry about paying my balance down RIGHT before the statement cuts to maximize my Fico score.