@myjourney wrote:
@Bobbyjohnson wrote:data point: I have 11k used out of 18.5k avaialble on Chase Ink Cash (as part of 0% offer). Over 200k in unused personal CLs. My Amex SPG business 11k out of 23k used (for about 6 months). 7th statement cut and bam, out of nowhere I get an email with a CLD'd to 11.3k. Fico is 757, no major drop. No new apps in about 6 months.
So just a word of caution with Amex Biz cards - don't carry a balance for too long.
We always suggest when statement cuts PIF although I understand the Ink 0% promo usage
SPG usage tho I can't understand why didn't you put it under $0%? (curious that's all)
You were carrying 22k on 41.5k limits 50% UTL
I can see where this may have raised some red flags after an extended period
Depending on what amount you were paying towards the balance and interest over the course of 6 months on SPG.
Since it has no $0% promo this can be trigger ^^^^^^^^
yeah, lesson learned on the biz side of CL utilization, use it to float for 30-60 days and thats about it. Payments always $100 over min. due. I just always assummed hitting the biz lines hard and ulilization % didn't really matter. Oh well, lesson learned, life goes on 
@Bobbyjohnson wrote:
@myjourney wrote:
@Bobbyjohnson wrote:data point: I have 11k used out of 18.5k avaialble on Chase Ink Cash (as part of 0% offer). Over 200k in unused personal CLs. My Amex SPG business 11k out of 23k used (for about 6 months). 7th statement cut and bam, out of nowhere I get an email with a CLD'd to 11.3k. Fico is 757, no major drop. No new apps in about 6 months.
So just a word of caution with Amex Biz cards - don't carry a balance for too long.
We always suggest when statement cuts PIF although I understand the Ink 0% promo usage
SPG usage tho I can't understand why didn't you put it under $0%? (curious that's all)
You were carrying 22k on 41.5k limits 50% UTL
I can see where this may have raised some red flags after an extended period
Depending on what amount you were paying towards the balance and interest over the course of 6 months on SPG.
Since it has no $0% promo this can be trigger ^^^^^^^^
yeah, lesson learned on the biz side of CL utilization, use it to float for 30-60 days and thats about it. Payments always $100 over min. due. I just always assummed hitting the biz lines hard and ulilization % didn't really matter. Oh well, lesson learned, life goes on
Oh ok I got you now
Yeah the best way to use unless you have a 0% promo is to pay it off and in that case you can run it up monthly to 100% and then PIF
Sorry it happened to you Bobby but with Amex after paying it down you stand a good chance of seeing the line increased again via 3x
Thanks for answering my question ...much appreciated