@Anonymous wrote:
I agree with your post above that much of the same can be accomplished with a handful of cards with $1000-$2000 limits (for example) that several cards with 5-figure limits, with the only constraint being on high ticket item purchases.
I do, however, feel you are in the minority here with accepting that type of lifestyle. I don't think many people want to have to worry about having to use a bunch of cards, make a bunch of payments (possibly multiple payments per month per card) per card and have to worry about a maximum purchase amount with their CL being the constraint. The majority I think would like to not have to worry about those things and simply have a limit that would more than cover all of the above.
I absolutely hated being stuck in low limit hell. I was making weekly payments to Capital One on BOTH of the cards I had at the time.
Once I got a CLI from $500 to $2,000, I was able to breathe easier, and not have to worry about mutiple payments and killing utilization. Now with my largest major card at $6,500, I'm pleased to never go above 10% utilization.
