What kind of CL on a gas card?

Anonymous · ‎02-11-2016

Hey all!! Posted the other day that I got my hands (figuratively) on a Phillips 66 card with a $700 SL. I only spend about $40 a month on gas and will PIF but I am curious to know if I should bother asking about CLIs on the card but it might be nice for utilization.....

My Questions:

What CL do you guys have on your gas cards?
Do you try to raise it?
If you try and raise it what do you say to the CSR? (Normally I would call and say I'm looking to make a large purchase but that seems a little weird here.....)

Thanks for your feedback!!

Closingracer99 · ‎02-11-2016

Why even get a gas card? Wouldnt the BCE from Amex and the Cash rewards from Bank of America be better offerings? the BCE offers 2% CB and the Cash rewards from BoA offers 3%. I would rather avoid those imo

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740

ddemari · ‎02-11-2016

I have a BP Visa with a 8k limit and Chevron Visa with a 6k limit. Is 66 a Synch. bank card? And its just the store card, right?

I would call synch bank credit solutions or log in and chat with them, just say can you submit a credit line increase for me? you dont need to say anymore than that. They will ask your income, and how much of a CLI you want. Depending on your TU score, you should get it.There are people on here with 5+ limits on that card. If you need all of that for there who knows lol but if you want some padding, why not!

Anonymous · ‎02-11-2016

Yes, the 66 card is Sync and it's just the store version. I think you're right, I will call.

I wanted this card specifically because the gas station near my home offers the card holders the "cash" price (about $0.05 cheaper per gallon) and then you get $0.05 per gallon in rewards (.10 for the first 90 days). They also work with the Kickback rewards card but I don't put a lot of value on that.

With gas being less than $1.50 per gallon where I am getting at least $0.10 off, 3% is only $0.045. I know that's splitting hairs but it all adds up.

Closingracer99 · ‎02-11-2016

@Anonymous wrote:
Yes, the 66 card is Sync and it's just the store version. I think you're right, I will call.

I wanted this card specifically because the gas station near my home offers the card holders the "cash" price (about $0.05 cheaper per gallon) and then you get $0.05 per gallon in rewards (.10 for the first 90 days). They also work with the Kickback rewards card but I don't put a lot of value on that.

With gas being less than $1.50 per gallon where I am getting at least $0.10 off, 3% is only $0.045. I know that's splitting hairs but it all adds up.

Meh I rather not get a card just for that. I rather just pay the CC price but I generally go to places that offer ssame as cash prices.

Dang gas is that cheap where you are? It's around $1.96 in NYC

My Cards: Amex BCE: $9,000, Amex Hilton HHonors: $2,000, Amex ED: $12,000, Barclays NFL extra points: $3,000, Bank of America MLB cash rewards: $17,000, BBVA compass NBA Amex triple double rewards: $17,000, Chase Amazon: $1,000, Chase Freedom: $9,000, Chase Sapphire: $5,000, Chase Slate: $5,000, Chase Disney: $4,000, Citi Double Cash: $5,400, Citi AA plat: $5,500, Citi Simplicity: $3,000, Citi Thank you preferred: $8,800, Capital one GM: $2,000, Capital one PlayStation: $3,000, Gamestop: $1,150, Amazon Store: $5,000, Ebay MasterCard: $5,000, American Eagle Storecard: $750, Macy's: $500
EX: 744, TU:750, EQ: 740

Anonymous · ‎02-11-2016

there's no reason for a high CL on a gas card. save your open credit for something useful...

Anonymous · ‎02-11-2016

@Closingracer99 wrote:
@Anonymous wrote:
Yes, the 66 card is Sync and it's just the store version. I think you're right, I will call.

I wanted this card specifically because the gas station near my home offers the card holders the "cash" price (about $0.05 cheaper per gallon) and then you get $0.05 per gallon in rewards (.10 for the first 90 days). They also work with the Kickback rewards card but I don't put a lot of value on that.

With gas being less than $1.50 per gallon where I am getting at least $0.10 off, 3% is only $0.045. I know that's splitting hairs but it all adds up.
Meh I rather not get a card just for that. I rather just pay the CC price but I generally go to places that offer ssame as cash prices.

Dang gas is that cheap where you are? It's around $1.96 in NYC

I am in Nebraska, it was $1.46 this morning but it snowed a little so the prices will probably drop a bit more.

Anonymous · ‎02-11-2016

@Anonymous wrote:
there's no reason for a high CL on a gas card. save your open credit for something useful...

You're the angel on my shoulder. LOL. I kinda assumed that's what I would end up with but was curious what others do.

tcbofade · ‎02-11-2016

OK, so I'll be the devil on the other shoulder...

A $900 CL on a gas card provides a lot of "cushion" on utilization.

...just sayin...

04/01/24 Fico 8: EX 763, EQ 799, TU 783.
Fico 9: EX 756 03/13/24, EQ 790 02/04/24, TU No idea.

Zero percent financing is where the devil lives...

Anonymous · ‎02-11-2016

@tcbofade wrote:
OK, so I'll be the devil on the other shoulder...

A $900 CL on a gas card provides a lot of "cushion" on utilization.

...just sayin...

LOL. Exactly. Why is this such a hard decision???