Barclays CLD....so it's true!!

[tntexans72]

I have the priceline visa with a CL of $4500. The card was opened about 4 months ago. I have not use the card at all. I opened a Amex SPG card about 1 month after than a Chase Sapphire Preferred 2wks ago. Logged into my priceline visa card this morning and saw that they reduced my CL to $4000. Muhaaaaaa

[Meltdownblitz]

Damn that sucks! What other companies like to do this if you open new cards?

[Ron1]

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@tntexans72 wrote:

I have the priceline visa with a CL of $4500. The card was opened about 4 months ago. I have not use the card at all. I opened a Amex SPG card about 1 month after than a Chase Sapphire Preferred 2wks ago. Logged into my priceline visa card this morning and saw that they reduced my CL to $4000. Muhaaaaaa

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That's true. I got approved Travelocity Amex a month ago .I haven't applied any card since last month. I heard you have to wait for six months waiting period to apply for another card. Not only that, they chase balance when you carry high balance over three months.  They closed my Juniper Mastercard without any reason almost five years ago.

[score_building]

bummer...thought it was just a forum legend, eh?

at any rate, if you put it to good use and keep credit profile in good shape chances are are it can grow with you despite this set back.

[favre_2_free]

Last month, they decreased my limit on my Airtran Card from $4500 to $1700 because they checked my credit and saw that I was at like 50% utilization on month.  I called them, explained I had just gone on a huge vacation and had already paid off most of my balances, and they reinstated my $4500 line.

[Anonymous]

I got travelocity amex about a month ago and loads of INQs across 3 bereaus after that. Still no AA for me but I use their card quite often and keep UTI% below 2% so that might please them.

[tntexans72]

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@favre_2_free wrote:

Last month, they decreased my limit on my Airtran Card from $4500 to $1700 because they checked my credit and saw that I was at like 50% utilization on month.  I called them, explained I had just gone on a huge vacation and had already paid off most of my balances, and they reinstated my $4500 line.

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I should try this.

[score_building]

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@tntexans72 wrote:

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@favre_2_free wrote:

Last month, they decreased my limit on my Airtran Card from $4500 to $1700 because they checked my credit and saw that I was at like 50% utilization on month.  I called them, explained I had just gone on a huge vacation and had already paid off most of my balances, and they reinstated my $4500 line.

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I should try this.

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+1  recommend using the card 1st.