A question that must be asked. What does your AAOA look like? This is important.
Also, when did you last apply for your last 3 credit cards? This is important because if you applied to 3 credit cards in the last 3 months, generally speaking, the credit limits shrink as you go down the rabbit hole.
IE: Card1: 5,000 Card2: 3,000 Card3: 1,000 Card4: 750 and so on until you just start getting rejections because you've shot your AAOA half to death.
Must garden until 2/1/2022 to hit my goal AAOA. 
@Anonymous wrote:
@Anonymous wrote:
not to be a butt, but you're being totally vague. chase freedom can give you $500 or $20k. i mean any bank will lend any amount to a worthy customer. i disagree about the credit union giving more credit on average than the banks. banks have more lendable money so they will typically lend more. that's why credit unions typically sell your home loans to banks if they're over a certain amount.
banks make money off of the money they loan so they lend more. credit unions HAVE to be tighter.
back to the point..
so MOST banks will offer you an amount reasonable to your current limits. so the amount you get from one bank won't be too much different than another bank. if chase will give you a line of $5k then most others will be between $4-$7k.
just a question, not to be snippy or rude, but why does it matter who will lend the most? i never understood that... i mean i know it's "cool" to be trusted with money but essentially if you don't need a $20k line why have it? it doesn't help THAT much really. it's more on percent than dollar amounts.A large credit line is important and comes handy should you need to make a large purchase and carry a balance for a few months. It helps pad your utilzation which plays an important role on how FICOs are derived. A huge line helps you not max out line and also not look risky in lenders eyes.
If you have buy something that cost $5k, would you put it on a 5k credit line or would you put it on a 20k credit line?
Nixon tells me I should put it on whichever one gives the biggest rewards, regardless of the consequences, interest, etc. Then I am to pay in full...because I am rich...oh wait, no I'm not. Hmm...
@SecretAzure wrote:
@Anonymous wrote:
@Anonymous wrote:
not to be a butt, but you're being totally vague. chase freedom can give you $500 or $20k. i mean any bank will lend any amount to a worthy customer. i disagree about the credit union giving more credit on average than the banks. banks have more lendable money so they will typically lend more. that's why credit unions typically sell your home loans to banks if they're over a certain amount.
banks make money off of the money they loan so they lend more. credit unions HAVE to be tighter.
back to the point..
so MOST banks will offer you an amount reasonable to your current limits. so the amount you get from one bank won't be too much different than another bank. if chase will give you a line of $5k then most others will be between $4-$7k.
just a question, not to be snippy or rude, but why does it matter who will lend the most? i never understood that... i mean i know it's "cool" to be trusted with money but essentially if you don't need a $20k line why have it? it doesn't help THAT much really. it's more on percent than dollar amounts.A large credit line is important and comes handy should you need to make a large purchase and carry a balance for a few months. It helps pad your utilzation which plays an important role on how FICOs are derived. A huge line helps you not max out line and also not look risky in lenders eyes.
If you have buy something that cost $5k, would you put it on a 5k credit line or would you put it on a 20k credit line?
Nixon tells me I should put it on whichever one gives the biggest rewards, regardless of the consequences, interest, etc. Then I am to pay in full...because I am rich...oh wait, no I'm not. Hmm...
I think Nixon was joking...
@Anonymous wrote:
i agree about the "big purchase" scenario and the utilization pad, but how often do those purchases really come up? he has current $10k lines now. if it costs that or more then you should seek other means of paying if possible. granted i know your appliances in your house my simultaneously go out so you're out $3-5k but... idk. i am more into "in house financing" at 0% than putting it on a credit card. to me, a credit card isn't a mean of finance, it's a means of rewards for your purchases. it's not an "emergency" card per se. most emergencies have other means of payment opportunities
I agree but there are tons of mild/oops emergencies in which a credit card is good for.
OP make sure to hit the "Kudos" button (stripe with the star) for all the responses you find to be helpful.
You aren't rich?
Do I know you?
Do I know you?