5 Credit Cards all with CL <$900 and 2 year history

[Anonymous]

I have 5 credit cards all with $300/$500/$450/$500/$900 CL. Average of 2 year history. The $900 card has a 7 month history. How do I get credit limit increases on these cards? 3 of them are Capital One and they only do online or automated CL increases...

[Anonymous]

1. This thread will probably be moved because it is not an approval or granted cli post.

2. Combine your Cap1 cards into one card. If you are carrying balances, 2 of them must be paid off. Which cards are they? 

3. What is your utilization on your cards and who are the other issuers? 

[Mahraja]

get one decent limit account and do not open more cards with toy limits

[AverageJoesCredit]

Need more info. If most are C1 cards, most likely you are bracketed with cards that dont grow. Please add all pertinent info for better advise

[Creditaddict]

1. Request CLI on all 3 cap1 cards. 1 might give and other 2 might not or 3 might give.

2. Combine all 3 cap1 into 1 cap1 card.

3. Who are the other 2 cards with? I would probably close them.

4. Do you know what your credit score is currently?

5. check the discover card pre-qualify on website.

[Anonymous]

Disco may be your best bet for a better CL. Look at my siggy they're almost 6x my next highest limit.

Granted if anything -- especially util -- is bad they won't like you either.

[Anonymous]

Don't open any more credit cards. You said that 3 of these cards are with CapOne, a major bank. So as other people have said, you should merge those 3 into one capone card for a higher Spending Limit.

Then, once that is done, make a big purchase and pay it off, to within 3% of the remaining bal. Let it sit for 1-2 cycles and then pay it off  to $0.

Who are the other two with?

[Anonymous]

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@Anonymous wrote:

Don't open any more credit cards. You said that 3 of these cards are with CapOne, a major bank. So as other people have said, you should merge those 3 into one capone card for a higher Spending Limit.

Then, once that is done, make a big purchase and pay it off, to within 3% of the remaining bal. Let it sit for 1-2 cycles and then pay it off  to $0.

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I wouldnt merge 5 accounts into 3 accounts especially if they're all seeded 2 years, because 5 credit card accounts is the minimum for the strongest FICO profile, assuming all 5 cards are 2+ years old.

If he applies for new cards, then he can merge older ones if he wants to.  I would never go from 5 open cards to less than 5 open cards.