topic Re: Those with high SPL cards... in Credit Cards

Those with High Spending Limit Cards...

Carloscda40 — Fri, 25 May 2018 02:37:11 GMT

How do you handle paying the bill each month say if you spend 1k or so?

Also what are considered "Prime" cards?

Re: Those with high SPL cards...

SOGGIE — Thu, 24 May 2018 23:40:01 GMT

Depending on the creditor, I make 1, and on occasion, 2 payments by the due date.

Prime credit is a characterization or designation of a credit score that falls into the range that is one step down from super prime, uet above subprime. Lenders often offer some of their top tier loans and cards with the lowest interest rates and best terms to consumers with prime credit and super prime.

Re: Those with high SPL cards...

K-in-Boston — Fri, 25 May 2018 00:09:28 GMT

SPL? Sound Pressure Level? Scottish Premier League? Socialist Party of Latvia? I'm lost.

Re: Those with high SPL cards...

toadsworth — Fri, 25 May 2018 00:14:00 GMT

Any cards that don’t have a 0% apr promo I PIF. If that means using $1500 or less of my $10,000 limit then that’s what I do. If my limit was $100,000 that’s still what I’d do, I don’t let the limit push me to spend more than I should.

Re: Those with high SPL cards...

NRB525 — Fri, 25 May 2018 00:23:41 GMT

What is SPL ?

Re: Those with high SPL cards...

toadsworth — Fri, 25 May 2018 01:02:09 GMT

I’m assuming ‘spending limit’.

Re: Those with high SPL cards...

K-in-Boston — Fri, 25 May 2018 01:14:26 GMT

@toadsworth wrote:
I’m assuming ‘spending limit’.

Well that makes sense, then. In that case, any card that's not on a 0% or very low promotional APR gets paid in full prior to the due date, whether I charged $5 or $15,000 on it the previous month. I don't make multiple payments typically; that's what the grace period is for.

Re: Those with high SPL cards...

Carloscda40 — Fri, 25 May 2018 01:21:48 GMT

SP ... Spending Limit

Can't edit..

Re: Those with high SPL cards...

UncleB — Fri, 25 May 2018 02:37:41 GMT

@Carloscda40 wrote:
SP ... Spending Limit
Can't edit..

Edited for you.

Re: Those with High Spending Limit Cards...

UncleB — Fri, 25 May 2018 02:42:12 GMT

@Carloscda40 wrote:
How do you handle paying the bill each month say if you spend 1k or so?

Also what are considered "Prime" cards?

Like others have mentioned, I only charge what I can pay in full at the end of the month unless I have a 0% APR promo.

As for what's considered "Prime", that's strictly in the eye of the beholder. One man's ceiling is another man's floor.