@K-in-Boston wrote:
@gdale6 wrote:I have over 4x in CL to income, its the utilization of those CLs that matter to them, there are others on this board who far exceed me.
+1. I am also over 4x income. Few lenders care about your total revolving credit lines being too much and it usually only seems to pop up with a credit union here and there for a denial reason.
When it comes to total credit lines with an individual lender, however, that can become an issue. It varies by lender and people can run into issues before hitting a percent that seems to be the norm for others with the same lender. Amex will gladly give some people close to their full income in credit lines, while I seem to be stuck at about 30%. Bank of America I believe is around 60-70%, but myself and others seem to not be able to exceed $99,900 in total lines extended. In other words, those percentages don't always scale.
I was being nosy hovering over some of the cards in your signature (that's what they're there for, right?) and noticed a great deal with limits over $25k. If you didn't win some award for most lines, or highest aggregate CL - which you should - you'd win one for most lines over $25k.
I also learned some things in the process. Delta Reserve is a revolver? Been considering it, hard, however the prospect of adding another $500+ AF card to the mix when the spend just isn't there would be mere status-chasing. I really miss the sleek, inky look of my old AmEx SPG:
