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Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,411
Registered: ‎10-02-2012
0

Re: Chase credit limits and income

I would transfer my Amazon CL into Southwest RR bringing it to 7,600

Closing all of these credit card accounts once paid off for a fresh start.
$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 6 months, Utilization 74%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Frequent Contributor
isoldmyatlas
Posts: 341
Registered: ‎04-28-2012
0

Re: Chase credit limits and income


BearsAndTurtlesRtheBest wrote:

I would transfer my Amazon CL into Southwest RR bringing it to 7,600


i don't want to close it out, though.  There's no annual fee and I shop on Amazon fairly often :smileyhappy:

TU: 761 (7/13/14) | EQ: 777 (7/6/14) | EX: 764 (8/10/14)

Cap1 Quicksilver, $4,750 (4/2012); Discover IT, $5,000 (10/2012); Chase Amazon Rewards, $7,600 (10/2012); AMEX Hilton HHonors, $15,000 (11/2012); AMEX Blue Cash Everyday, $10,000 (01/2013); Barclaycard Arrival+, $10,000 (07/13); Chase Hyatt, $7,000 (09/13)
Valued Contributor
BearsAndTurtlesRtheBest
Posts: 3,411
Registered: ‎10-02-2012
0

Re: Chase credit limits and income

Oh ok I see, then never mind :smileyhappy:

Closing all of these credit card accounts once paid off for a fresh start.
$600$800$1,000$500(AU) $2,500
EQ FICO---, EX FICO---, TU FICO---, AAOA 6 months, Utilization 74%, No delinquencies of any sort.
Inquiries on EQ: 19, Inquires on EX: 30, Inquiries on TU: 21, Gardening Since 06-25-14
Valued Contributor
kevinjjc
Posts: 1,310
Registered: ‎01-14-2009
0

Re: Chase credit limits and income


isoldmyatlas wrote:

kevinjjc wrote:

FWIW, I have a Chase Freedom @ 18k and a CSP @ 17k. My income is similar to yours. Although, I do have high credit limits on other cards.


WOW, really? That gives me some hope!  What are your limits across your cards, if you don't mind me asking?


Here's a summary of my credit:

 

 

  220,250 total of credit card limits

+  40,000 total of LOC limits

--------------------------------------------------

= 260,250 total of revolving credit limits

 

 

 CC/LOC                                                                                   LIMIT
American Express Blue Cash Preferred                          $18,000
Bank of America Platinum Plus Visa                                $12,500

Barclays NFL (NY Giants) Extra Points World MC          $10,000

Chase Freedom Visa Signature                                        $18,000

Chase Sapphire Preferred World MC                               $17,000
Discover it Card                                                                     $24,500
JCPenney/GECRB                                                                $5,000
Walmart Discover/GECRB                                                  $10,000
Navy Federal goRewards MasterCard                             $25,000
PenFed Platinum Cash Rewards Visa                            $50,000
Staples/Citi                                                                             $3,250
USAA Rewards World MasterCard                                    $12,000
US Bank Cash+ Visa Signature                                         $15,000
Navy Federal LOC                                                                 $15,000
PenFed LOC                                                                          $25,000

 

 

 

 

Frequent Contributor
isoldmyatlas
Posts: 341
Registered: ‎04-28-2012
0

Re: Chase credit limits and income


kevinjjc wrote:

isoldmyatlas wrote:

kevinjjc wrote:

FWIW, I have a Chase Freedom @ 18k and a CSP @ 17k. My income is similar to yours. Although, I do have high credit limits on other cards.


WOW, really? That gives me some hope!  What are your limits across your cards, if you don't mind me asking?


Here's a summary of my credit:

 

 

  220,250 total of credit card limits

+  40,000 total of LOC limits

--------------------------------------------------

= 260,250 total of revolving credit limits

 

 

 CC/LOC                                                                                   LIMIT
American Express Blue Cash Preferred                          $18,000
Bank of America Platinum Plus Visa                                $12,500

Barclays NFL (NY Giants) Extra Points World MC          $10,000

Chase Freedom Visa Signature                                        $18,000

Chase Sapphire Preferred World MC                               $17,000
Discover it Card                                                                     $24,500
JCPenney/GECRB                                                                $5,000
Walmart Discover/GECRB                                                  $10,000
Navy Federal goRewards MasterCard                             $25,000
PenFed Platinum Cash Rewards Visa                            $50,000
Staples/Citi                                                                             $3,250
USAA Rewards World MasterCard                                    $12,000
US Bank Cash+ Visa Signature                                         $15,000
Navy Federal LOC                                                                 $15,000
PenFed LOC                                                                          $25,000

 

 

 

 


That's incredible - well done!  Your AAoA must be really high.  I had no idea those kind of limits were possible with a low/moderate income.

TU: 761 (7/13/14) | EQ: 777 (7/6/14) | EX: 764 (8/10/14)

Cap1 Quicksilver, $4,750 (4/2012); Discover IT, $5,000 (10/2012); Chase Amazon Rewards, $7,600 (10/2012); AMEX Hilton HHonors, $15,000 (11/2012); AMEX Blue Cash Everyday, $10,000 (01/2013); Barclaycard Arrival+, $10,000 (07/13); Chase Hyatt, $7,000 (09/13)
Valued Contributor
kevinjjc
Posts: 1,310
Registered: ‎01-14-2009
0

Re: Chase credit limits and income


isoldmyatlas wrote:

kevinjjc wrote:

isoldmyatlas wrote:

kevinjjc wrote:

FWIW, I have a Chase Freedom @ 18k and a CSP @ 17k. My income is similar to yours. Although, I do have high credit limits on other cards.


WOW, really? That gives me some hope!  What are your limits across your cards, if you don't mind me asking?


Here's a summary of my credit:

 

 

  220,250 total of credit card limits

+  40,000 total of LOC limits

--------------------------------------------------

= 260,250 total of revolving credit limits

 

 

 CC/LOC                                                                                   LIMIT
American Express Blue Cash Preferred                          $18,000
Bank of America Platinum Plus Visa                                $12,500

Barclays NFL (NY Giants) Extra Points World MC          $10,000

Chase Freedom Visa Signature                                        $18,000

Chase Sapphire Preferred World MC                               $17,000
Discover it Card                                                                     $24,500
JCPenney/GECRB                                                                $5,000
Walmart Discover/GECRB                                                  $10,000
Navy Federal goRewards MasterCard                             $25,000
PenFed Platinum Cash Rewards Visa                            $50,000
Staples/Citi                                                                             $3,250
USAA Rewards World MasterCard                                    $12,000
US Bank Cash+ Visa Signature                                         $15,000
Navy Federal LOC                                                                 $15,000
PenFed LOC                                                                          $25,000

 

 

 

 


That's incredible - well done!  Your AAoA must be really high.  I had no idea those kind of limits were possible with a low/moderate income.


USAA CCMP: 6.4 years

Credit Karma: 5.1 years

 

I don't know why they are being calculated differently. :smileyindifferent:

 

Moderator
09Lexie
Posts: 25,009
Registered: ‎09-13-2012
0

Re: Chase credit limits and income

@kevinjjc

Do you have closed or are you an AU on accounts?
Valued Contributor
kevinjjc
Posts: 1,310
Registered: ‎01-14-2009
0

Re: Chase credit limits and income


09Lexie wrote:
@kevinjjc

Do you have closed or are you an AU on accounts?

Plenty of closed accounts still reporting... mostly installment tradelines, a few credit card tradelines.

 

No AU accounts ... well, just 1 closed AU credit card account still reporting.

Moderator
09Lexie
Posts: 25,009
Registered: ‎09-13-2012
0

Re: Chase credit limits and income

@kevinjjc

CK doesn't take closed accounts into their calculation for AAOA
Valued Contributor
kevinjjc
Posts: 1,310
Registered: ‎01-14-2009
0

Re: Chase credit limits and income


09Lexie wrote:
@kevinjjc

CK doesn't take closed accounts into their calculation for AAOA

Interesting. Thanks for pointing that out. Definitely good to know.

 

Do "official" AAoA calculations factor in closed accounts?


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