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Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
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Re: What's your highest Credit Card limit?


amercnchopz34 wrote:

Its just my Barclays NFL card....3000 CL


I'd love that particular card and CL..............jealous!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
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Senior Contributor
Open123
Posts: 4,089
Registered: ‎02-23-2011
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Re: What's your highest Credit Card limit?

[ Edited ]

LS2982 wrote:

Open123 wrote:

Just recently, Chase CSP started me out with 22.5K.

 

Like most, all I need is about $5k per card, which is more than enough on a given month.  Most cards with too high a limit, I'll request a CLD just to keep from hitting the declined for "too much open credit" reason.


Thats still an awesome CL and Chase feels so comfortable giving it to you!


I don't think it's me.  I think Chase is under some pressure to hit some quotas for Q1.  

 

I've noticed they've become much more lenient with recent approvals and generous with initial CLs.  There were several who were applying with me at the same time, and the lowest CL offered was $18.5K.

 

So, I'm not sure what's going on.  I'll wager that if anyone has an AmEx revolver, Chase will approve with at least 20% over the AmEx CL.  They did that with our business accounts too.

Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
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Re: What's your highest Credit Card limit?


Open123 wrote:

LS2982 wrote:

Open123 wrote:

Just recently, Chase CSP started me out with 22.5K.

 

Like most, all I need is about $5k per card, which is more than enough on a given month.  Most cards with too high a limit, I'll request a CLD just to keep from hitting the declined for "too much open credit" reason.


Thats still an awesome CL and Chase feels so comfortable giving it to you!


I don't think it's me.  I think Chase is under some pressure to hit some quotas for Q1.  

 

I've noticed they've become much more lenient with recent approvals and generous with initial CLs.  There were several who were applying with me at the same time, and the lowest CL offered was $18.5K.

 

So, I'm not sure what's going on.  I'll wager that if anyone has an AmEx revolver, Chase will approve with at least 20% over the AmEx CL.  They did that with out business accounts too.


Trying to steal business from AMEX.................hmm.....:smileyvery-happy:




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
jamesdwi
Posts: 1,553
Registered: ‎09-16-2011
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Re: What's your highest Credit Card limit?

6000 AMEX Blue

 

4000 TigerDirect prefered

4000  HomeDepot  CITI

 


Cards: Chase Southwest 20k & CSP 10k & Amtrak 4.6k, & Freedom 3.3k & Slate 3.3k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & AMEX Hilton Surpass 7.5k & AMEX Zync NPSL, Sams Club Discover 10k, Paypal Extras MC 6k, CapOne 2.5k, CapOne 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
Established Contributor
Smug
Posts: 961
Registered: ‎12-21-2010
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Re: What's your highest Credit Card limit?

[ Edited ]
10k NFCU 6.5K barcays 5k PSECU
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Frequent Contributor
tubesock
Posts: 423
Registered: ‎09-12-2009
0

Re: What's your highest Credit Card limit?

20k

NFCU & DCU:smileyhappy:

FicoTU 780 | Credit Karma 781 | Credit Sesame 780
EQ 673 Dec2011 | Current: 695 Nov2013 | Goal: 720+
UTL: 54% Dec2011 | Current UTL: 21% | Goal UTL: 0% June2014
AmxZync | CapOne 1k | Comenity 1.1k | Target 3k |NFCU Visasig 5k | Goodyear 5.8k | CitiSimplicity 10.2k
Sam'sClub 10k | AmxSpg 20k | Citi HiltonReserve 20k | DCU 20k | Chase RR Visasig 25k | NFCU Visasig 33k
Mega Contributor
LS2982
Posts: 15,434
Registered: ‎04-09-2011
0

Re: What's your highest Credit Card limit?


tubesock wrote:

20k

NFCU & DCU:smileyhappy:


Very nice!!




Silver Spade Garden Club Member - Last App 12/16/13 - Looking for a clean slate NO INQ's / Diamond Inspired!
Starting Score:
EX (PLUS) 583 EQ FICO 565 TU FICO 590 3/15/2011 / Goal Scores: 720
Current Score: EX FICO (PSECU) 671 (myFICO) N/A / EQ FICO 679 / TU08 FICO 678 / TU VS 706 3/6/2014
Valued Contributor
jamesdwi
Posts: 1,553
Registered: ‎09-16-2011
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Re: What's your highest Credit Card limit?


anybodii wrote:

I guess I couldn't really speak for every car dealer. I wonder if they would have offered a special deal either, why not just pass the savings off to you directly? I've seen a few used dealers put ads for allowing you to use your credit card, but most are shady dealers. I wonder what a chargeback would be like on that...

 

 


If they take credit cards they can take for the full purchase price, they just have to be motivated to do so. 

 

No don't expect any special treatment Car Dealerships HATE CASH, and they probably hate credit cards even more, sure they will do it to make the downpayment that gets them a better APR from lenders (but that only pads there bottom line), and safer than checks they don't want to let the mark (purchaser) off the lot without a car. They make a lot of money off financing of cars, they get 1-2% of the purchase price they don't even work very hard to get more. If they up your APR in the process they can make 2-3% more without a problem. If you use a credit card you are stealing there lunch, by cutting out the loan kickbacks and then making the dealership pay for the transaction fee of up to 3%. 

 

My dad bought a car earlier this year, all cash purchase, you would think that this would make a smooth transaction, nope. Had to walk away 3 different times to get anywhere near decent deal seemed like the dealership didn't even care we were paying cash they did everything possible to not make the sell, Went to 2 other dealers and was treated the same or worse. 

 

 


Cards: Chase Southwest 20k & CSP 10k & Amtrak 4.6k, & Freedom 3.3k & Slate 3.3k, FNBO DISC 14.9k Oregon Duck 5k, & AMEX BCP 15k & AMEX Hilton Surpass 7.5k & AMEX Zync NPSL, Sams Club Discover 10k, Paypal Extras MC 6k, CapOne 2.5k, CapOne 750, Amazon 3.9k, Walmart 4.5k, Citi Simplicity 7k, HHonors Gold 1k (moved 5k CL to Simplicity), Discover IT 6.5k and a nice stack of store cards.
Last APP 4/26//2014 no plans for new credit I think I have enough.
Valued Contributor
navigatethis12
Posts: 1,916
Registered: ‎01-24-2012
0

Re: What's your highest Credit Card limit?

[ Edited ]

American Express Blue Cash Everyday - 10,000. I wanted to see if I could get to 25,000 but the increase button seems to be broken :smileysad:

 

 


Open123 wrote:

I've noticed they've become much more lenient with recent approvals and generous with initial CLs.  There were several who were applying with me at the same time, and the lowest CL offered was $18.5K.

 

So, I'm not sure what's going on.  I'll wager that if anyone has an AmEx revolver, Chase will approve with at least 20% over the AmEx CL.  They did that with our business accounts too.


 

They had no problem telling me they wanted me to move some credit from the Chase Freedom (3000) I have to be approved. Even then I would only get 5000 for the Sapphire Preferred. My history is young though so that could be it

 


jamesdwi wrote:

 

If they take credit cards they can take for the full purchase price, they just have to be motivated to do so. 

 

No don't expect any special treatment Car Dealerships HATE CASH,

 

My dad bought a car earlier this year, all cash purchase, you would think that this would make a smooth transaction, nope. Had to walk away 3 different times to get anywhere near decent deal seemed like the dealership didn't even care we were paying cash they did everything possible to not make the sell, Went to 2 other dealers and was treated the same or worse. 

 

 


I do not know how much the vehicle cost, but if a transaction involves more than 10,000 of cash then a business (or individual?) must submit a form 8300 to the Internal Revenue Service. It is a minor annoyance so that is probably another reason, besides the financing, that they did not want to take it.

Super Contributor
marty56
Posts: 5,679
Registered: ‎10-06-2007
0

Re: What's your highest Credit Card limit?

Less then what I had back in my subprime days with 70k+ of CC debt.  All a mater of prospective.

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