topic Re: How long B4 your first 5 digit CL? in Credit Cards

How long B4 your first 5 digit CL?

Desmoire — Fri, 26 Sep 2014 14:46:09 GMT

How long did it take you to get your first 5 digit CL? Years? Months?

I've had a CC since 2011, highest CL is 5k so I am halfway there! Hopefully NASA can double my CL in 6 months, or I can get lucky with an initial AMEX CL in the months to come and go for the 3x CLI.

Re: How long B4 your first 5 digit CL?

afinch1992 — Fri, 26 Sep 2014 14:54:34 GMT

In total, nearly 2 years. That being said, I only had one card and did not care about building credit or getting limits until about 10 months ago. I went from 1k in limits to about 70k in that 10 months.

Re: How long B4 your first 5 digit CL?

Jlu — Fri, 26 Sep 2014 15:09:38 GMT

^Same here - after that first app spree got me nice cards I was over the $50k total revolving level things went up very quickly.

A little more than 1 year after opening a $300-->$500 Cap1 Credit Steps card I was approved for $1250 Barclaycard @ 620 TU.

Re: How long B4 your first 5 digit CL?

jamesdwi — Fri, 26 Sep 2014 15:01:02 GMT

@Desmoire wrote:
How long did it take you to get your first 5 digit CL? Years? Months?

I've had a CC since 2011, highest CL is 5k so I am halfway there! Hopefully NASA can double my CL in 6 months, or I can get lucky with an initial AMEX CL in the months to come and go for the 3x CLI.

about 5 years... might of had it sooner but I was building a THICK file.

Re: How long B4 your first 5 digit CL?

JustinS — Fri, 26 Sep 2014 15:36:26 GMT

@jamesdwi wrote:
@Desmoire wrote:
How long did it take you to get your first 5 digit CL? Years? Months?

I've had a CC since 2011, highest CL is 5k so I am halfway there! Hopefully NASA can double my CL in 6 months, or I can get lucky with an initial AMEX CL in the months to come and go for the 3x CLI.
about 5 years... might of had it sooner but I was building a THICK file.

Not quite as long for me 3 years ish here - also built up a thick file myself.

Re: How long B4 your first 5 digit CL?

Revelate — Fri, 26 Sep 2014 15:55:45 GMT

Coming up on three years and I still don't have a 5 digit CL: mine currently cap out at 9K.

For various reasons north of 10K has never been a goal of mine: 5K was my magic number as that was the Visa Siggy line which some products I wanted (a CSP at one point) didn't come lower than that. I'm fairly confident whenever I want to take the time and effort to put together two decent paystubs from my part-time employer I could get a 10K CL from a couple of the places I do business with, but it simply doesn't have much value for me on most of my cards: I'd like a larger CL on the Fidelity Amex for certain arbitrage plays, and I'd like to have a nice large low-APR limit for floating a balance if I ever need to (financial defense runway) but that probably comes whenever I finally close the DCU secured card and open their plain jane card as it has a very low rate and I have a good relationship with them.

Realistically speaking though, I put rewards first, and as such even my baby Chase Freedom at 1K is just fine for my needs: I can cap out the reward limits there no problem on their typical categories when it's something I'd use, without going over 1K in any given month. Think restaurants was the top when I reached $800 or whatever in a given month, and my BCP CL is mostly wasted other than large purchases now that don't fit on the Fidelity card.

Re: How long B4 your first 5 digit CL?

AvadaKedavra — Fri, 26 Sep 2014 16:02:49 GMT

I started my rebuilding journey about 2 years ago. Up until my recent NASA approval of $25,000 (Instant Approved, Funded, Card on it's way), my highest limit was $5 with my Chase Slate. Needless to say, I'm really excited about my first 5 digit CL.

Re: How long B4 your first 5 digit CL?

slap_happy — Fri, 26 Sep 2014 16:29:20 GMT

Just under 4 years, got a CLI on my boa from $5000 to $14000

Re: How long B4 your first 5 digit CL?

Anonymous — Fri, 26 Sep 2014 18:20:36 GMT

From my first card ($500 limit), 14 months as of today. Went from a $500 Freedom with no established history this time last year to a $12k CSP as of today. Broke the 5k barrier back in March and again in May. $500 total credit to $31.3k. To be fair I did use a transfer MSD from overseas trick to get my AAoA up on my AMEXs though.

Re: How long B4 your first 5 digit CL?

Anonymous — Fri, 26 Sep 2014 18:27:13 GMT

First card $300 Jan 2014, then Sep 23r $10k from NASA

Re: How long B4 your first 5 digit CL?

Anonymous — Fri, 26 Sep 2014 18:56:36 GMT

1 card - $1,250 Discover limt for 14 months in February when I found is forum

Now...

8 cards - $10,000 PenFed and $25,000 NASA

This stuff is seriously addicting

Re: How long B4 your first 5 digit CL?

aubie1kenobie2 — Fri, 26 Sep 2014 19:09:57 GMT

Barely 1 year AAoA, still working on the 5-digit CL! Hopefully I get it by the end of this year (I am due for my Amex 3x CLI but holding off since I had let some balances report this month, and it has been 3 months since their last SP).

Re: How long B4 your first 5 digit CL?

js0319 — Fri, 26 Sep 2014 19:16:40 GMT

Between my wife and I, we have been rebuilding since February of 2012 - she was high 400's, I was low 500's. We now have 4 cards between the two of us that are 5 digit. We also each have LOC from NFCU for $15k.

Re: How long B4 your first 5 digit CL?

SunriseEarth — Fri, 26 Sep 2014 19:19:37 GMT

@Desmoire wrote:
How long did it take you to get your first 5 digit CL? Years? Months?

I've had a CC since 2011, highest CL is 5k so I am halfway there! Hopefully NASA can double my CL in 6 months, or I can get lucky with an initial AMEX CL in the months to come and go for the 3x CLI.

My first (and only) 5-digit CL post-BK is Care Credit. I was approved for $2000 in March, but was able to get an SP CLI to $10200 in May. I've really only been actively rebuilding for 15 months.

Re: How long B4 your first 5 digit CL?

HiLine — Fri, 26 Sep 2014 22:06:55 GMT

It took me a year to get there. Started out with a BofA cash rewards secured credit card with a $2k limit. Right before the anniversary, the card graduated. Several weeks later, I requested a credit limit increase and was approved for a total limit of $12k without a hard inquiry.

Re: How long B4 your first 5 digit CL?

cottoncrown — Fri, 26 Sep 2014 22:53:17 GMT

Started March 2013 with Capitol One secured for $200. Had my Discover at 10k in November 2013 after 2 CLI. They were my first fully unsecured approval for $750

Re: How long B4 your first 5 digit CL?

skigirl916 — Fri, 26 Sep 2014 22:55:37 GMT

Since my credit file opened? 18 years.

Since I actually started paying attention to my credit and caring? 1.5 years.

Re: How long B4 your first 5 digit CL?

CalAlumnus13 — Fri, 26 Sep 2014 22:58:10 GMT

@skigirl916 wrote:
Since my credit file opened? 18 years.

Since I actually started paying attention to my credit and caring? 1.5 years.

I'm similar. My highest is just barely five digits though---$10,000. I've tried to CLI it to $12,000 a few times; no go without a HP, says Discover.

Since my credit file opened? 7 years.

Since I actually started paying attention to my credit and caring? 9 months.

Re: How long B4 your first 5 digit CL?

skigirl916 — Fri, 26 Sep 2014 23:03:35 GMT

@CalAlumnus13 wrote:
@skigirl916 wrote:
Since my credit file opened? 18 years.

Since I actually started paying attention to my credit and caring? 1.5 years.
I'm similar. My highest is just barely five digits though---$10,000. I've tried to CLI it to $12,000 a few times; no go without a HP, says Discover.

Since my credit file opened? 7 years.

Since I actually started paying attention to my credit and caring? 9 months.

I'm just there with $10K too.

Go Bears! Haha!

Re: How long B4 your first 5 digit CL?

IWOL — Fri, 26 Sep 2014 23:08:59 GMT

I joined these boards in November of of 2012 with 550 Fico's and 2 secured cards at the time.

Got my first 5 digit limit with Lowes in August of 2013. First 5 digit bank card was in Feb of 2014 with Fidelity Amex at $12K.

Basically took around 1.5 years to get first 5 digit limit on a non-store card.

Went from 10K in secured credit to $170K in unsecured in a liitle under 2 years.