In an effort to lower my util I want to smash the luv button to see what happens.
The thing is, I don't know what a reasonable amount is to ask for.
I'm at 689-715 depending on where I look, 0 derogs, 2inq under 6 mo., 8 within the last 2yrs, 3 new accounts in under 6 mo, 2 of those are new credit cards, current balance of $2067/5000. I'd be nice to get that util number down to 20%, I just don't know if that's a reasonable request.
The other accounts I've done this with have been offers by them instead of asking how much I want, but Chase went 7000->13900, and my other Citi card went 6800->10800.
Thoughts? Anyone with experience on getting luv on their Citi Best Buy Visa?
Citi Prestige $16,200 | Chase Sapphire Preferred $13,900 | Chase Freedom Unlimited $7,600 | Citi Double Cash $10,800 | Citi Diamond Preferred $14,600 | Citi Best Buy Visa $10,000 | Arvest Gold $16,200 | Synchrony Sam's Club $10,000 | Synchrony Ashley Furniture $6,000 | Synchrony Furniture Row $6,000 FICO 8 - 739 on 4/27/21 Vantage Score 4.0 - 769 on 5/3/21
Your luv will cost you a hp. If you are going to ask dont undershoot. Asking for 10k is very reasonable with your limit and usage. But heck if you think you need more maybe ask for 12 to 15k if needed. They should counter if they can approve.