@Meltdownblitz wrote:
Beyondbasic, I personally would pay after it posts if you need to make another purchase and do not have CL available, be careful not to go over though. Most people spend more then $500 a month, in that case yes I would let it post to your account then make a payment for the balance on the account, I wouldn't do it more then twice a month though. If you do make 2 payments of $500 a month for a few months, that would give them good reason to raise your limit. And you can pay after statement closes but before payment due date, I wouldn't worry about UTL until your ready to apply for new credit.
I tried this with my Capital One cards. One month, during Christmas I even paid it off 5 times in full. I then fully paid it off again twice the next month and paid it in full every month after. At the two year mark on both cards I still had a $500 limit. I have charged up to 2/3 of my Barclays card in the past, have always PIF regardless of the balance and have never gotten a CLI with them. The card is 1.5 years old. Yeah, there are months that I don't use the card and as of the last few months I have refused to use the card because of this. (I will be taking advantage of their 5x bonus points for department stores during the holiday, but only up to the $500 of spending for those points.)
It is by will alone I set my mind in motion.....
Always follow these rules: Only take a HP for a new account. Always use the best rewards card for that reward category. Don't close a card unless you know you really should. Never use more than 35% of a credit limit. Recon as much and as best you can. Use the introductory period to the best advantage. Get the signup bonus. Whenever possible PIF or balance transfer so you pay less in interest. Never give an excellent rating when it is actually the norm. Always look for a discount as more is always better.
Always accept candy from strangers because they have the best candy or from people you know have good candy.
