@Aim_High wrote:
@longtimelurker wrote:Congratulations on reaching your goal.
Slightly O/T. I always understand the need for data privacy (we have ways around that anyway) but I am interested why you have hidden minimum payment due and statement balance, while leaving current balance. What is the attack model you are attempting to mitigate!
Thanks @longtimelurker.
Well, I thought it was obvious why I blanked out the minimum payment. What if someone knew the exact amount I owed and impersonated me by making a payment on my card!!! That would be simply awful!
Seriously, I started blanking out data and then decided to stop partway down. We post the screenshots for "proof" of our claims and leaving some of the other numbers just made it more legitimate. And showing my current balance showed that I do actually use this card regularly!
If anyone wants the minimum payment information, I'll be glad to PM that along with the account number. Lol
Oh, I had guessed that you had done something HORRIBLE, like let the card report with a 10% balance and wanted to avoid the AZEO zealots!
@Aim_High - by deadweight I was referring to the context of your story. I've examined the various *fecta card groups wrote about in these forums. All your work allowing a $25k CL sock drawer card to be possible, I and many here probably envy.
..however even with my relatively low revolver CL, the two NPSL cards more than adequate to handle any spontaneous high spending I may have if 1 revolver isn't able or better suited. Then again, if I really wanted to use a revolver that wasn't with enough CL, I would call and ask if I can put the amount on that card just for kicks. In the (distant) past with MBNA, Chase, Citibank that request was typically granted.
In theory I fancy the idea of having cards total potential spend in 6 or 7 digits, but in reality that sort of spend IMO, cash is still king. I don't want to forget that while I'm distracted by my somewhat recent shift back into the CC world.
I'll probably pursue new cards for a couple/few years, consolidate them, etc.. but all in all my quality of life is sustainable with or without my current card lineup. The myFICO community has turned me onto the rewards and cash-back scene, it's a really great hook the lenders have for the time being. Ironically, even now the attention it draws has become a slight concern for me.... sort of like regular travel I used to do -- driving 8-18 hour routes I could do in my sleep. Got a tomtom years ago and forgot it one trip and found myself in a panic. lol.
@NyaBuksh wrote:Congratulations on the nice increase
@NoMoreE46 wrote:That is crazy sick - congratulations @Aim_High.
Thanks @NyaBuksh and @NoMoreE46! 
@DONZI wrote:@Aim_High - by deadweight I was referring to the context of your story. I've examined the various *fecta card groups wrote about in these forums. All your work allowing a $25k CL sock drawer card to be possible, I and many here probably envy.
..however even with my relatively low revolver CL, the two NPSL cards more than adequate to handle any spontaneous high spending I may have if 1 revolver isn't able or better suited. Then again, if I really wanted to use a revolver that wasn't with enough CL, I would call and ask if I can put the amount on that card just for kicks. In the (distant) past with MBNA, Chase, Citibank that request was typically granted.
In theory I fancy the idea of having cards total potential spend in 6 or 7 digits, but in reality that sort of spend IMO, cash is still king. I don't want to forget that while I'm distracted by my somewhat recent shift back into the CC world.
I'll probably pursue new cards for a couple/few years, consolidate them, etc.. but all in all my quality of life is sustainable with or without my current card lineup. The myFICO community has turned me onto the rewards and cash-back scene, it's a really great hook the lenders have for the time being. Ironically, even now the attention it draws has become a slight concern for me.... sort of like regular travel I used to do -- driving 8-18 hour routes I could do in my sleep. Got a tomtom years ago and forgot it one trip and found myself in a panic. lol.
Funny enough, but that's not even my highest-limit sock drawer card, @DONZI. 
And several other pretty high limits just get taken out for the occassional stroll right now. My USAA Rate Advantage Visa (which isn't at an advantageous rate anyway) and my local CU Visa haven't been swiped in even longer, and they sit at $35K and $25K limits. But I have active deposit accounts with both of those lenders and they are apparently okay with me not swiping, at least for now. One day, I may just close them but for now, I'm still aligning and aging my other cards.
I know what you mean about NPSL, but in my case, I may not keep my AMEX Gold long-term. Plus, I like the idea of knowing my limit without that variability which is largely based on my previous spending habits. For quite some time, I also don't need the cards or high limits for quality of life but I appreciate the convenience and rewards, and the opportunity to maintain my credit file for if and when I need to borrow. To me, I'm at a point in my life where I'm making my credit work for me instead of me working for my credit.
Just wondering, though, but what brought you back to credit cards after operating so long on a cash basis?? And were you referring to concern over how much time and attention it all takes? That's one reason that after updating my cards and experimenting with some new ones, I'm moving back towards a more simple approach.
@Aim_High wrote:
Yes, you don't typically see super-high Chase SLs on most of their cards. The exception might be if you're a HNW client with large deposits. @californiaboy935 posted about an approval for the JP Morgan Reserve card which is basically the HNW-equivalent of the Sapphire Reserve. I believe his SL was $100K. My SL was a pretty decent $35K in 2018. As @DJRobbieD said, $35K to $50K is an excellent SL approval for mainstream Chase cards. Since I've been a Chase customer since 2000, already had other credit with them, and then added new Chase cards in 2018 to 2020, I had the ability to reallocate credit previously from $35K to $55K and now from $55K to $80K. Totally agree, @CreditAggie, that the ability to reallocate credit limits with them is underrated! Even with high income, the only other way most of us would get there besides high assets or CL consolidation would be consistent heavy spending with HP CLIs.
You can get an auto CLI if you go over your limit and pay in full a couple of times. It's going to be hard with that giant $80k line though...unless you want to start taking down wishlists 
Congrats!
@Aim_High wrote:Just wondering, though, but what brought you back to credit cards after operating so long on a cash basis?? And were you referring to concern over how much time and attention it all takes? That's one reason that after updating my cards and experimenting with some new ones, I'm moving back towards a more simple approach.
Well I first got approved for credit cards in the early-mid 80s.. Mail order wasn't really a big thing for me so cards were for times I didn't have enough cash in my wallet or wanted to conserve what cash I carried for something else that day. I've always considered credit as a tool.
I was referring to the new additional bookkeeping, ID theft, reports, scores CLI, CLD and all the rewards benefits, term, dates and on and on.. lol -- I do like doing and thinking about all the details but I also have shifted my priorities around a bit and chilling, when and how long I want, isn't as easy to do now.
@DONZI wrote:
@Aim_High wrote: Just wondering, though, but what brought you back to credit cards after operating so long on a cash basis?Well I first got approved for credit cards in the early-mid 80s.. Mail order wasn't really a big thing for me so cards were for times I didn't have enough cash in my wallet or wanted to conserve what cash I carried for something else that day ... I know that's all a bit elaborate of an answer ...
I was referring to the new additional bookkeeping, ID theft, reports, scores CLI, CLD and all the rewards benefits, term, dates and on and on.. lol -- I do like doing and thinking about all the details but I also have shifted my priorities around a bit and chilling, when and how long I want, isn't as easy to do now.
Yes, a very elaborate answer but it's interesting to read more about our forum members' various credit journeys, @DONZI. We're probably about the same age as my credit file also dates back to about that same time-frame. Like you, I remember when cash or paper checks was more common payment and credit cards were reserved for larger purchases. (Most merchants had minimum purchases to even accept a credit card, and minimums were often set quite a bit higher than they are today if you even encounter that requirement.) My monthly card statements would only have a handful of charges, mostly for $15 or more. Balancing my checking account was much more complex and also important since "immediate online access" to balances and transactions was not available. Things have really changed. I've had credit cards continuously all that time, though, and have slowly kept up with the changes. Joining My Fico a few years ago was part of a major "refresh" of my card lineup that I knew was overdue. Now I'm just refining where I want to go with that.
Yes, adding and managing cards does make for a higher workload and it comes at a cost. When I had added over 20 cards, I started to recognize that even that many was more than I wanted for the long-term. Unlike some on the forums, I'm not a true "collector" of cards; I don't have enough spend (personal or business) to need dozens of cards and over $1M in credit; and I'm not a rewards optimizer who wants to manage a stable of 5% cards to squeeze every rewards penny out of my spend. Nothing wrong with doing that, but IMO, the time versus incremental rewards isn't a compelling tradeoff.
I like having some utilization padding with higher credit limits, and I like my cards all "working harder" in various ways for me whether it's account age for credit history, high CL, low APR or transfer opportunities, lender diversity, cash rewards or points, perks, payment network diversity, or other factors. So getting high limits on my more valuable cards will allow some eventual closing of less-valuable accounts and slimming my wallet back down while maintaining a healthy utilization pad. And that's another reason why NPSL cards don't appeal as much to me since charge cards are ignored for revolving utilization metrics.
While the credit card world has gotten a lot more complicated since we started getting cards in the 1980s, I will say that technology (websites, electronic transactions, and mobile phone apps) has made managing multiple cards easier. In the 1980's, it really would have been a huge chore to manually manage a few dozen cards and make transactions all via paper check and snail mail. 
Of course, we wouldn't have done that anyway, since there was no point! Cash and travel rewards programs didn't become prevalent until the late 1980's and 1990's.
@tacpoly wrote:
@Aim_High wrote:Even with high income, the only other way most of us would get there besides high assets or CL consolidation would be consistent heavy spending with HP CLIs.
You can get an auto CLI if you go over your limit and pay in full a couple of times. It's going to be hard with that giant $80k line though...unless you want to start taking down wishlists
Thanks, @tacpoly!
Yes, I've heard of these mysterious auto-CLIs that some have gotten from Chase. Maybe I've never pushed my limits enough with them but a long time ago, they hard-pulled me a couple of times only to decline. 
At the time, I didn't understand the relationship between spending levels and CLI (pre My Fico) so I gave up on the auto-CLI. At this point, you're right that going over that $80K limit is out of the question!
By the way, thanks again for our earlier conversations about downsizing to a more focused wallet. It gave me some excellent food-for-thought and was helpful with the direction of my lineup.