topic USBank more than 50K combined CC credit limit? in Credit Cards

USBank more than 50K combined CC credit limit?

CreditOnion — Mon, 09 Sep 2024 05:25:05 GMT

Hi,

Does anyone have any recent data points or experience with USBank and total CC credit limits higher than 50K? I have 2 cards with them whose total is 50K, and they stopped giving me CLI's years ago right at the 50K mark. I've read mixed things about this 50K limit so wanted to ask here.

Since USBank does not consolidate CL's, does anyone know how I could ago about (for example) obtaining a third card that would push me over that limit? Do they treat new lines differently than CLI's when it comes to this 50K limit?

Thanks!

Re: USBank more than 50K combined CC credit limit?

IntegerIntrovert — Mon, 09 Sep 2024 07:19:04 GMT

I currently have 60k, any increase seems to require a denial, and a call into underwriting where I plead my case, and usually get something. You'll likely to recieve more via a new product vs a CLI. They love to give new lines out in my experience. I know there is at least one member that has 75k on a AR.

Re: USBank more than 50K combined CC credit limit?

CreditOnion — Mon, 09 Sep 2024 15:22:56 GMT

@IntegerIntrovert wrote:
I currently have 60k, any increase seems to require a denial, and a call into underwriting where I plead my case, and usually get something. You'll likely to recieve more via a new product vs a CLI. They love to give new lines out in my experience. I know there is at least one member that has 75k on a AR.

Thank you! This may come in handy if the new Smartly product holds up.

Relatedly, what do you say to the underwriter when asking for higher CL than 50K (and keep a straight face)?

Re: USBank more than 50K combined CC credit limit?

IntegerIntrovert — Mon, 09 Sep 2024 18:06:45 GMT

I haven't asked for more than $40k, so I'm not sure. Good luck and let me know how it goes.

Re: USBank more than 50K combined CC credit limit?

NoHardLimits — Mon, 09 Sep 2024 21:13:50 GMT

With 3 cards, I am also at $60k total credit limit with US Bank. I've received two automatic CLIs of $5k each within the past 10 months with moderate usage (less than 30% utilization at any particular time, usually less than 10%).

Re: USBank more than 50K combined CC credit limit?

nccarguy1 — Tue, 10 Sep 2024 01:40:10 GMT

I'm at 82k combined limits, 2@25k and 2@16k. SP was declined last month so unlocked TU and was declined with HP. 10+ year cc and checking customer with direct deposit. 790-800 FICO's high income for what it's worth.

Re: USBank more than 50K combined CC credit limit?

Aim_High — Tue, 10 Sep 2024 01:58:49 GMT

I don't have US Bank cards but I can tell you of two more data points that show there isn't a $50K cap on individual or combined credit card accounts with US Bank. These were both on a single card.

01/06/21 - Member imaximous received Altitude Reserve CLI to $60K

04/20/22 - Member simplynoir received Altitude Reserve CLI to $96K

*Note: Simplynoir reported heavy business charges on that card which helped to push it higher.

Re: USBank more than 50K combined CC credit limit?

DanteJuan95 — Tue, 10 Sep 2024 02:20:48 GMT

@IntegerIntrovert wrote:
I currently have 60k, any increase seems to require a denial, and a call into underwriting where I plead my case, and usually get something. You'll likely to recieve more via a new product vs a CLI. They love to give new lines out in my experience. I know there is at least one member that has 75k on a AR.

I don't really get the need to get a CLI that 𝘓𝘢𝘳𝘨𝘦 that one would neither use a good amount of it or just wanting to use it for emergencies, which is the worst thing that a person could do as it tributes to debt, which you forgot that this country is dealing with a huge 1.1 trillion dollars of CC debt that remains fresh in the minds of economics. Long story short. I purposely see no purpose or any benefits of attaining any super high CLIs. You're better off with just one or two cards than attaining for duplicate of cards for the same if none.

Re: USBank more than 50K combined CC credit limit?

DanteJuan95 — Tue, 10 Sep 2024 02:30:00 GMT

@Aim_High wrote:
I don't have US Bank cards but I can tell you of two more data points that show there isn't a $50K cap on individual or combined credit card accounts with US Bank. These were both on a single card.

01/06/21 - Member imaximous received Altitude Reserve CLI to $60K
04/20/22 - Member simplynoir received Altitude Reserve CLI to $96K
*Note: Simplynoir reported heavy business charges on that card which helped to push it higher.

Like how one of the your cards has a $100k CL. But what do you need all of other cards if one or two cards has a good enough benefits that all others has benefits but not as close to the ones that are top of the line. 🤷‍♀️

Re: USBank more than 50K combined CC credit limit?

DanteJuan95 — Tue, 10 Sep 2024 02:32:19 GMT

@nccarguy1 wrote:
I'm at 82k combined limits, 2@25k and 2@16k. SP was declined last month so unlocked TU and was declined with HP. 10+ year cc and checking customer with direct deposit. 790-800 FICO's high income for what it's worth.

I don't get it 😐

Re: USBank more than 50K combined CC credit limit?

Aim_High — Tue, 10 Sep 2024 04:03:05 GMT

@DanteJuan95 wrote:
@Aim_High wrote:
I don't have US Bank cards but I can tell you of two more data points that show there isn't a $50K cap on individual or combined credit card accounts with US Bank.
Like how one of the your cards has a $100k CL. But what do you need all of other cards if one or two cards has a good enough benefits that all others has benefits but not as close to the ones that are top of the line. 🤷‍♀️

Not sure I understand your question, @DanteJuan95, but I think I get what you're trying to say. (If I have a $100K card, why would I need others?) There are different reasons. My card selection offers various rewards, benefits, and perks that sometimes are not duplicated between themselves, such as the hotel elite status and higher in-hotel earnings I get on my Marriott card. Lender diversity is important: Keeping any single lender's influence to a minimum if they were to shut down your cards or lower limits for some reason. (For that reason, I would recommend that you eventually diversify beyond just Capital One cards.) Card rewards and perks can be nerfed or fees raised, so having backup options is a good plan. My credit history is long and I value some of my older cards for their beneficial contribution to my credit age, a factor in FICO scoring. Likewise, having multiple open cards reporting "paid as agreed" every month helps to solidify my FICO score. Having high limits on my cards helps to keep utilization low at all times, even if I want or need to run up a large balance, another FICO-scoring factor.

So yes, could I downsize significantly to many fewer cards and be just fine? Absolutely, and I've thought of doing that at some point. For example, keeping one high limit card each from Chase, Bank of America, AMEX, Navy Federal CU, and CITI along with my oldest surviving account (Discover from 1993) would still give me lender diversity, high limits, each of the four payment networks, good rewards, and perks.

Still, I'm far from being the forum leader in terms of total credit limit, highest credit limits, or number of cards!

Re: USBank more than 50K combined CC credit limit?

imaximous — Wed, 11 Sep 2024 03:27:06 GMT

@Aim_High wrote:
I don't have US Bank cards but I can tell you of two more data points that show there isn't a $50K cap on individual or combined credit card accounts with US Bank. These were both on a single card.

01/06/21 - Member imaximous received Altitude Reserve CLI to $60K
04/20/22 - Member simplynoir received Altitude Reserve CLI to $96K
*Note: Simplynoir reported heavy business charges on that card which helped to push it higher.

I actually asked one more time after that and got it to $85K

https://ficoforums.myfico.com/t5/Credit-Card-Approvals/US-Bank-AR-CLI-to-85k/td-p/6488484

Then, I conceded the race to @simplynoir for the highest AR limit at that time.

Re: USBank more than 50K combined CC credit limit?

Anonymous — Thu, 12 Sep 2024 16:15:15 GMT

anyone want to be the guinea pig to call up US Bank underwriting and see if the account combo policy has changed? haha

Re: USBank more than 50K combined CC credit limit?

Rogero57 — Sat, 14 Sep 2024 18:21:22 GMT

I am at 88.5k

With 4 cards

I cureently use for Checking, Savings and CDs.

Re: USBank more than 50K combined CC credit limit?

simplynoir — Tue, 20 May 2025 02:59:21 GMT

@imaximous wrote:
@Aim_High wrote:
I don't have US Bank cards but I can tell you of two more data points that show there isn't a $50K cap on individual or combined credit card accounts with US Bank. These were both on a single card.

01/06/21 - Member imaximous received Altitude Reserve CLI to $60K
04/20/22 - Member simplynoir received Altitude Reserve CLI to $96K
*Note: Simplynoir reported heavy business charges on that card which helped to push it higher.

I actually asked one more time after that and got it to $85K
https://ficoforums.myfico.com/t5/Credit-Card-Approvals/US-Bank-AR-CLI-to-85k/td-p/6488484

Then, I conceded the race to @simplynoir for the highest AR limit at that time.

*crawls out of the hole I was buried in to lurk back into the forum after eons have seemingly passed blinking at the bright light in the sky*

Yes, @imaximous and @Aim_High are correct in that that was my limit when I got approved. It's higher now but doubt I will push more even if I want to since the AR is no longer app-able since they took the card down; at one time I was worried they'd review or even shut me down for the business spend on put on it but if they haven't said bleep about it since they asked years ago I doubt they ever will. Still, doesn't hurt to not poke the bear too much here because the money me and wifey have made on it is yummy. Basically funded most of our Japan trip a few months ago where we stayed for a month touring the country.

Crazy thing is I only found out earlier today about AR being discontinued because I had wanted my assistant/friend to get it for when we travel for work. So yeah this is where the train stops til perhaps one night when I decide to poke Socks Bank for more because I like to travel to the DANGER ZONE!1!!1!

Re: USBank more than 50K combined CC credit limit?

tcbofade — Tue, 20 May 2025 17:05:54 GMT

I've got four US Bank cards totalling $52k.

I'm not currently seeking line increases as we don't need them.

Sometimes, they auto increase tho.

Re: USBank more than 50K combined CC credit limit?

LivingTheAmericanDream — Tue, 20 May 2025 19:33:44 GMT

Each person is very different in their credit journey. For some, high limits are needed based on their usage requirements, which could include businesses, big travel/entertainment expenses, etc.

I was a partner in a stockbrokerage years ago and traveled and entertained extensively. There were times I needed to spend $50,000 in a week, other times fairly low $ usage. But being in a business situation in which high spend/credit card is critical - and not having that capability - can be the kiss of death so to speak. (And I can assure you that pulling out an Amex Platinum/Black card is pretty much a requirement for multiple reasons.)

I have accounts with many issuers for many reasons, and don't spend nearly as much as I did in the past, but having a good amount of availabile credit, and from 'top tier' issuers is still important to me.

Re: USBank more than 50K combined CC credit limit?

LivingTheAmericanDream — Tue, 20 May 2025 19:43:50 GMT

Very well stated!

Re: USBank more than 50K combined CC credit limit?

simplynoir — Tue, 20 May 2025 19:52:06 GMT

@LivingTheAmericanDream wrote:
Each person is very different in their credit journey. For some, high limits are needed based on their usage requirements, which could include businesses, big travel/entertainment expenses, etc.

I was a partner in a stockbrokerage years ago and traveled and entertained extensively. There were times I needed to spend $50,000 in a week, other times fairly low $ usage. But being in a business situation in which high spend/credit card is critical - and not having that capability - can be the kiss of death so to speak. (And I can assure you that pulling out an Amex Platinum/Black card is pretty much a requirement for multiple reasons.)

I have accounts with many issuers for many reasons, and don't spend nearly as much as I did in the past, but having a good amount of availabile credit, and from 'top tier' issuers is still important to me.

It's kina why at one time the AMEX Biz Plat was seeing so much usage from me and wifey with our business spending. No matter how much we spent on it and it got pretty bleeping high we never had a transaction declined. The NPSL aspect definitely made it a workhorse but so many points and not enough time to spend especially once they (slightly) nerfed the Schwab cashout. We just decided to go the Altitude Reserve route once enough points were stockpiled. AR just makes it so easy with mobile spending (Apple/Google/Samsung) to accumulate points and the bonus on travel expenses made it an easy choice to shift spending accordingly with easy cashout option there if needed with the checking accounts we have with them.

We still distribute business (and personal as well) spend where needed between our cards like AMEX Delta, BofA PR and so on but til Socks bank finally decide to go away with the card or shut it down AR will continue to be the main card we use.

Re: USBank more than 50K combined CC credit limit?

coldfusion — Tue, 20 May 2025 19:57:24 GMT

@simplynoir wrote:

!!!

Howdy stranger, ltns - hope you and the wife are doing well!