topic Re: Over $100k... in Credit Cards

Over $100k...

Anonymous — Thu, 06 Sep 2012 17:03:02 GMT

My combined CL's hit over $100k a couple of days ago.

Now I'm curious...

What are your combined CL's???

Who else is over $100k???

Re: Over $100k...

DVH1980 — Thu, 06 Sep 2012 17:08:37 GMT

Nice. I was stoked when I broke the 10k mark, time to set my sights a little higher!

Re: Over $100k...

sandman2435 — Thu, 06 Sep 2012 17:10:28 GMT

193K

Re: Over $100k...

ramblin_wreck08 — Thu, 06 Sep 2012 17:15:49 GMT

Just out of curiosity, how many cards do you guys with $100k plus limits have? Just wondering of it's the size of the limits, the number of cards, or a combination of the two that gets you there.

Re: Over $100k...

DVH1980 — Thu, 06 Sep 2012 17:19:40 GMT

Looking at the OP's sig line, Id say its a couple with high limits and a few others withnie limits. Im sure there are a few who pull off the single 100k+ limit but its probably the exception, not the norm.

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 17:20:33 GMT

@ramblin_wreck08 wrote:
Just out of curiosity, how many cards do you guys with $100k plus limits have? Just wondering of it's the size of the limits, the number of cards, or a combination of the two that gets you there.

Ramblin...all my cards are in my siggy

Sandman...I'm just going to say WOW!!!

Re: Over $100k...

kimmiller112 — Thu, 06 Sep 2012 17:20:51 GMT

I'm right around $30,000 total CL but a year ago, I was around $13,000 - I've been rebuilding since a bankruptcy in 2005 (medical bills that I couldn't afford when I had no insurance). My salary has also more than doubled in the past year too. Between CLI's and a couple of new cards I'd like to get, my goal is to double my current total CL in the next year (and then I want to buy a house the next year). It would help if there was a credit union close by, but the closest ones are about an hour away and have strict military requirements. I have opened up an online account with PenFed and regularly deposit money into it - I am hoping that that will help me get a credit card with them in the future.

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 17:24:41 GMT

@kimmiller112 wrote:
I'm right around $30,000 total CL but a year ago, I was around $13,000 - I've been rebuilding since a bankruptcy in 2005 (medical bills that I couldn't afford when I had no insurance). My salary has also more than doubled in the past year too. Between CLI's and a couple of new cards I'd like to get, my goal is to double my current total CL in the next year (and then I want to buy a house the next year). It would help if there was a credit union close by, but the closest ones are about an hour away and have strict military requirements. I have opened up an online account with PenFed and regularly deposit money into it - I am hoping that that will help me get a credit card with them in the future.

$13k to $30k in a year is most excellent Kim. Good job!

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 17:26:07 GMT

$129K

Re: Over $100k...

ramblin_wreck08 — Thu, 06 Sep 2012 17:31:05 GMT

Ahh. I was on my phone and didn't see the siggy.

In response to the OP, my current limit is $10,450 (up from $8,200 just acouple days ago), and I want to hit $25k here in the next year or so with only 2 cards. Will be tough, but I think doable.

Edit: No idea what my internal limit is on the PRG, but I would guess it's around that of my credit cards.

Re: Over $100k...

DrJim — Thu, 06 Sep 2012 17:42:53 GMT

I'm around $75K (see siggy). And that is way more than I need. I don't want any other cards and only got the HHonors for the 40K points. Too much credit can be a turn off for some creditors. Just closed on a $416K house in June so I'm set except for a car in a year or two. Til then it's garden, garden, garden! Hopefully I can get high enough for a zero percent or really low loan.

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 18:13:24 GMT

USAA World MC........................$8,000

USAA Amex................................$9,000

Amex Starwood.......................$15,000

NFCU cashRewards Visa ...$14,000

PenFed Platinum Rewards....$5,000

Total...........................................$51,000 (all on a $40k income)

Re: Over $100k...

gettnthere — Thu, 06 Sep 2012 18:15:32 GMT

Well i definitely cant brag about my total CL cause its only like 8k lol (so sad....) so ill just use Crashem, the guy has a freakin AWESOME amount of available credit. I believe hes somewhere real close to 300k+ that he can use. I WISH i just had half of that....lol maybeee one day

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 18:37:58 GMT

@gettnthere wrote:
Well i definitely cant brag about my total CL cause its only like 8k lol (so sad....) so ill just use Crashem, the guy has a freakin AWESOME amount of available credit. I believe hes somewhere real close to 300k+ that he can use. I WISH i just had half of that....lol maybeee one day

$300k+...Geesh!!!

Congratz! DrJim...that must be a beautiful home for that price unless you're in a big city then a small condo (still nice I'm sure), LOL!

Sounds like you have everything all planned out. If you qualified for a $416k home in this market, I'm sure you'll get that 0% or very low IR on your car when you're ready.

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 18:40:24 GMT

@Anonymous wrote:
USAA World MC........................$8,000
USAA Amex................................$9,000
Amex Starwood.......................$15,000
NFCU cashRewards Visa ...$14,000
PenFed Platinum Rewards....$5,000

Total...........................................$51,000 (all on a $40k income)

Impressive...

I wonder how much over your income are CC companies willing to risk.

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 18:41:13 GMT

@Anonymous wrote:
$129K

How many cards? Mind sharing your CL's on each???

Re: Over $100k...

Razeus — Thu, 06 Sep 2012 18:43:14 GMT

It makes me wonder how these credit cards people determine your limits. But I guess that's why the interst rates on these things are so out of wack with other rates.

Re: Over $100k...

Smug — Thu, 06 Sep 2012 18:47:02 GMT

70K here...no need for more

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 18:48:26 GMT

@Anonymous wrote:
@Anonymous wrote:
USAA World MC........................$8,000
USAA Amex................................$9,000
Amex Starwood.......................$15,000
NFCU cashRewards Visa ...$14,000
PenFed Platinum Rewards....$5,000

Total...........................................$51,000 (all on a $40k income)
Impressive...

I wonder how much over your income are CC companies willing to risk.

That's the question. I'm sometimes surprised that I've been able to push my Starwood card up to $15k. Not sure I want to risk another CLI.

I am curious to see if PenFed bumps my limit one day, but that's a long way off since the card isn't even 30 days old yet.

Re: Over $100k...

Anonymous — Thu, 06 Sep 2012 18:51:21 GMT

@Razeus wrote:
It makes me wonder how these credit cards people determine your limits. But I guess that's why the interst rates on these things are so out of wack with other rates.

That's why I try to never, ever carry a balance. The interest rate is irrelavant if you pay in full or use the 0% interest promos. NFCU offers 0% at the beggining of the year, which I always take advantage of. I let all their other customers give them interest.