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Frequent Contributor
pt310
Posts: 380
Registered: ‎05-03-2013

Re: cash credit lines


vAirGo7 wrote:

pt310 wrote:

It's really funny you posted this, OP. I was just looking at mine this morning, (out of curiosity also).

 

I have a couple cards that the cash limit is 20% of the total limit, but the others seem kind of random. For example, my C1 cards:

CL of $1,200, CCL of $1,200                100%

CL of $ 2,750, CCL of $2,250                82%

CL of $ 1,250, CCL of $ 500                   40%

CL of $ 1,150, CCL of $ 287.50 (lol)      25%

 

Then there's BoA:

CL of $ 3,500, CCL of $ 200                    6%  :smileytongue:

 


 

lol, it seems random to me. Kinda curious what the CCL looks like for account with high CL.


My highest atm is CL of $8,700, CCL of $ 1,740....20%

 

There's quite a few others on here with much larger CL's than me. Maybe some of them will chime in.



In the Garden since 7/3/13
Latest Scores: 749 EQ MyFico 8/5/13 | 766 TU Wally Aug '13 | 732 CK Fako 8/7/13 | 776 CS Fako 8/6/13
Goal: 780+ and my own house by next summer!
Valued Contributor
daybreakgonesXe
Posts: 1,557
Registered: ‎11-17-2012

Re: cash credit lines

My Orchard/now Cap One card has 100% of the CL as CCL...at a whopping $10,000 XD

Capital One Quicksilver World Mastercard $10k | JCPenney Platinum $7.5k | Shell Drive for Five $800 | Chase Freedom Visa Signature $7k | TD Bank Easy Rewards Visa Signature $5k | Chase Sapphire Visa Signature $10k | American Express Blue Sky $25k

EQ FICO 742 Credit Karma (TU) 762 Transrisk 856/990 Credit Sesame (EX) 797 Credit.com (EX) 793 VantageScore 3.0 759 Quizzle (EQ) 758
Frequent Contributor
pt310
Posts: 380
Registered: ‎05-03-2013

Re: cash credit lines


daybreakgonesXe wrote:

My Orchard/now Cap One card has 100% of the CL as CCL...at a whopping $10,000 XD


WOW!!  :smileysurprised:



In the Garden since 7/3/13
Latest Scores: 749 EQ MyFico 8/5/13 | 766 TU Wally Aug '13 | 732 CK Fako 8/7/13 | 776 CS Fako 8/6/13
Goal: 780+ and my own house by next summer!
Valued Contributor
daybreakgonesXe
Posts: 1,557
Registered: ‎11-17-2012

Re: cash credit lines


pt310 wrote:

daybreakgonesXe wrote:

My Orchard/now Cap One card has 100% of the CL as CCL...at a whopping $10,000 XD


WOW!!  :smileysurprised:


I think this is because at one point this card was an Orchard secured, therefore since it was once backed with a savings account you had access to the amount through the cash advance on the card.

 

So after it unsecured due to transition to capital one and i got a CLI on it, i guess they never changed how it codes in their systems XD

 

cash advances give me the heebie jeebies...i never request pins on my credit cards and always check "no" to cash advances...i even shread the pins I receive if i don't have a choice in the matter...absolutely hate them! i hope i never ever have to use one!

Capital One Quicksilver World Mastercard $10k | JCPenney Platinum $7.5k | Shell Drive for Five $800 | Chase Freedom Visa Signature $7k | TD Bank Easy Rewards Visa Signature $5k | Chase Sapphire Visa Signature $10k | American Express Blue Sky $25k

EQ FICO 742 Credit Karma (TU) 762 Transrisk 856/990 Credit Sesame (EX) 797 Credit.com (EX) 793 VantageScore 3.0 759 Quizzle (EQ) 758
Frequent Contributor
pt310
Posts: 380
Registered: ‎05-03-2013

Re: cash credit lines

+1 daybreak, I've never used one either. Just kinda gives you a sense of security knowing it's there....just in case.

 



In the Garden since 7/3/13
Latest Scores: 749 EQ MyFico 8/5/13 | 766 TU Wally Aug '13 | 732 CK Fako 8/7/13 | 776 CS Fako 8/6/13
Goal: 780+ and my own house by next summer!
Contributor
vAirGo7
Posts: 94
Registered: ‎03-12-2013

Re: cash credit lines


daybreakgonesXe wrote:

My Orchard/now Cap One card has 100% of the CL as CCL...at a whopping $10,000 XD


Nice CCL!

Valued Contributor
navigatethis12
Posts: 1,851
Registered: ‎01-24-2012

Re: cash credit lines

One Chase card I have has 50% of the credit line for cash and the others only have 20%. FIA is 30% and US Bank is the highest for me with the whole credit limit on all the cards being available for cash. The cash lines have always increased as the credit limit goes up.


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