topic Re: What is the biggest limit you have closed? in Credit Cards

What is the biggest limit you have closed?

Traveler101 — Sat, 06 Jul 2024 22:35:50 GMT

For many, building up limits higher and higher can be fun/addictive/necessary for spend. We get the high limits, and maybe that card doesn't fit your needs anymore. Maybe you got tired of a high annual fee. We all have reasons for closures.

Many here, myself included, sought out high limits. Now I'm about to thin it out some. Thus far, the highest limit I've closed is 5k. On the chopping block is another at 5k and another at 30k. What is the biggest limit you ever closed? Not reallocation, simply, closed and gone?

Re: What is the biggest limit you have closed?

Kforce — Sat, 06 Jul 2024 22:41:49 GMT

35k

Re: What is the biggest limit you have closed?

Gunnerboy — Sat, 06 Jul 2024 22:44:12 GMT

19,125

Re: What is the biggest limit you have closed?

Kforce — Sat, 06 Jul 2024 22:49:34 GMT

@Kforce wrote:
35k

I lowered a CL from $60,000 to $20,000, if that counts.

Still have the card and they auto CL increased it to $23,500 last year.

Guess they thought I was kidding cutting it to 20.

Re: What is the biggest limit you have closed?

AverageJoesCredit — Sat, 06 Jul 2024 23:01:07 GMT

When Wally got Synced into Cap One I had a $15k store card and $1700 MC. Closed the store card knowing it wasn't going to grow.... MC still at $1700 and the $15k is in the ether lol. Go figure

Re: What is the biggest limit you have closed?

Traveler101 — Sat, 06 Jul 2024 23:01:22 GMT

@Kforce wrote:
@Kforce wrote:
35k
I lowered a CL from $60,000 to $20,000, if that counts.
Still have the card and they auto CL increased it to $23,500 last year.
Guess they thought I was kidding cutting it to 20.

Yes, it counts. So many folks have been increasing limits, via sp, hp. Getting limits higher and higher. Some in a rebuilding/new to credit climbing the ladder. Should be interesting to see what folks who have achieved the higher limits and have taken in the other direction and closed them.

Re: What is the biggest limit you have closed?

Ushio — Sat, 06 Jul 2024 23:03:01 GMT

$750

Was my first starter card with no rewards and the CU absolutely refused to let me do anything with it. Only card I've closed.

Re: What is the biggest limit you have closed?

Wu-Credit — Sat, 06 Jul 2024 23:09:19 GMT

Last year I closed Synchrony Care Credit $20k limit

Re: What is the biggest limit you have closed?

Anonymous — Sat, 06 Jul 2024 23:16:57 GMT

$400 worthless Sams store card account. It was a booby prize the 1st time I applied for the Sams MC.

It is the highest closed and I hope to take 1st place for lowest here.

Re: What is the biggest limit you have closed?

Rdbeetle — Sat, 06 Jul 2024 23:20:59 GMT

$29.5k

Re: What is the biggest limit you have closed?

swankytiger — Sun, 07 Jul 2024 01:02:25 GMT

$7500

Re: What is the biggest limit you have closed?

FicoMike0 — Sun, 07 Jul 2024 01:17:15 GMT

I have a regional bank visa with $2000 cl. I don't use it at all, outlived its usefulness. I have no other accounts with the bank, I'll likely close it.

Re: What is the biggest limit you have closed?

IntegerIntrovert — Sun, 07 Jul 2024 02:12:53 GMT

$35k

Re: What is the biggest limit you have closed?

NoHardLimits — Sun, 07 Jul 2024 02:17:44 GMT

I've outright closed several cards with credit limits in the low $20k's. There have been higher limit cards closed ($30k's and $40k's), but I was able to reallocate those limits to other cards with the same lenders.

Re: What is the biggest limit you have closed?

Lou-natic — Sun, 07 Jul 2024 03:23:38 GMT

So far the highest limit card I've closed was a 10k Cap1 Quicksilver card.

Re: What is the biggest limit you have closed?

ptatohed — Sun, 07 Jul 2024 07:50:24 GMT

I don't think I have ever closed a card, lol.

Re: What is the biggest limit you have closed?

MarkintheHV — Sun, 07 Jul 2024 09:57:24 GMT

42k when I closed everything at BOA and went elsewhere

Re: What is the biggest limit you have closed?

SeaProbe — Sun, 07 Jul 2024 14:16:46 GMT

Discover card 27K

Re: What is the biggest limit you have closed?

Jnbmom — Sun, 07 Jul 2024 14:45:05 GMT

Synchrony care credit MC 20K

Re: What is the biggest limit you have closed?

Namaste7 — Sun, 07 Jul 2024 16:53:47 GMT

10k.

I plan to close a 20k PPMC this fall.