I like to have all my credit cards(except my navy fed card(balance transfer card) and chase(i might need the padding to transfer to another card)) at 11k(just my thing) so I went online for amex and ask to increase from 10k to 11k. done. Called Wells fargo from 10k to 11k. Done. I tried with apple....my 7500 went to 8000. 500 increase. Its fine. I put about 50 bucks a month on the apple card so them not giving an increase to 11k is warrant. I tried to get my walmart increase. DENIED! I will find out in 2-3 business days. The denial reason is always low use of limit. All soft pulls. And then lastly I did Penfed because I knew it would be a hard pull. They pulled from Equifax where I only have 1 inquiry. I was expecting her to say 10k but she came back and said I was approved for 25K. My relationship with Penfed started Sept 2019 and I have checking and savings with them. I am not sure if that help my Penfed limit go from 5k to 25K. I was preapproved for the card March 2020 with 5k.
And non credit limit increase news...my discover apr got lowered from 15.24% to 12.24%. So today has been a blessing for me. Now I continue to garden and not ask any credit card companies for anything until May 2021.
Congrats on your multiple CLI approvals!!! Along with the Disco reduction!!
Congratulations on your CLIs and APR reduction!
Well done !
Thanks everyone. I never did a credit limit increase spree like this before so I'm wondering is this frown upon in credit card companies eyes? Any repercussions happening to me for doing this?