Credit Cards

[TannerK]

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Platinum wrote:

It used to be my MBNA Quantum, then Bank of America, which I closed in 2007 at $100,000. As of now AmEx Hilton HHonors at $25,000.

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Wow.

[Koop10010]

Amex gold - 12k or more.

[ptr2593]

$100k CL?  You win.  Thread over. 

[Platinum]

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ptr2593 wrote:

$100k CL?  You win.  Thread over. 

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I don't have it any more. I was in real estate business during booming years and I made some good $$$. When the party was over I knew this credit limit was not sustainable, so I called them and closed it.

[Creditdreamer]

@ Platinum: Not sustainable how? What would it hurt to keep it open unless you were worried that you'd use that full credit limit?

[Platinum]

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Creditdreamer wrote:
@ Platinum: Not sustainable how? What would it hurt to keep it open unless you were worried that you'd use that full credit limit?

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I quit real estate and had no income for while. I knew if they call and ask for the verification of income that I would not be able to satisfy their criteria to keep such large credit limit so I decided to close it. I kept some other cards at much lower and more realistic limit.

[Creditdreamer]

@ Platinum: With such a high credit limit, did they do income verification often? I didn't know they did that once you had the card and the CL. Thought that was only when apping or requesting CLI.

[Platinum]

Creditdreamer,
They did once when I was able to prove it. I did not feel like I should wait until they ask again.

[Creditdreamer]

@ Platinum: Smart. Thanks for the info!

[guydiver]

CU Visa=15K

Lowe's = 10K

Sam's Discover 10K(closed)