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@Anonymous wrote:
I have a Sears MC with a $12 k limit. I just logged on and noticed that they reduced my available limit for cash advances from $12,000.00 to $250.00. It doesn't effect me since I would never take a cash advance but I thought that it was a dramatic cut. My total CL still is $12 k.
so previously you had Cash Advance limit equal to Credit Limit?
@Anonymous wrote:
I have a Sears MC with a $12 k limit. I just logged on and noticed that they reduced my available limit for cash advances from $12,000.00 to $250.00. It doesn't effect me since I would never take a cash advance but I thought that it was a dramatic cut. My total CL still is $12 k.
To me their actions says that you are an excellent prime customer. You handle your finances so well that you do not need a cash advance. And that is why they touched your cash advance limit rather than your CL.