jacksonvillejaguar wrote:Do you guys pay/paid interest on your credit card?
Wife got a cap1 platinum mastercard, her starting CL was 600. In one year, her CL is 1.6k, however she carry a balance of 60-70% util all the time. She paid more than min payment. I spoke to her many, many time about carrying that high util.
Anyway, I took the CC from her until she paid it all off. 
My card went from $300 to $500 after three months and then jumped to $1800 after a year and remained there ever since. During the period from opening the account to the $1800 jump I carried a decent balance on it every month. I haven't carried a balance since then and I haven't gotten any CLIs, but I don't know if correlation = causation.
armbenderc wrote:
jacksonvillejaguar wrote:Do you guys pay/paid interest on your credit card?
Wife got a cap1 platinum mastercard, her starting CL was 600. In one year, her CL is 1.6k, however she carry a balance of 60-70% util all the time. She paid more than min payment. I spoke to her many, many time about carrying that high util.
Anyway, I took the CC from her until she paid it all off.
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