Credit line increase or New account?

[JohnnyGaddar]

Hello all, I wants to know what should I do, I have chase freedom card with limit of 5k (member since 2013) and If I eligible to CL increse, should I apply for CL increse on card I have or open another new credit account with recommended lender? My current scores and CC is in siggy.
What’s the best option and what would you recommend? Please share your own experiences too. Your thoughts and dots please 😃

[pizza1]

No-one can answer that unless you provide some stats, like...cards and limits, etc...providing as much info as possible will help folks give better advice.

[redpat]

None of the above if those are your scores in your sig.

[FinStar]

Here are my dots ..... 😁

[JohnnyGaddar]

Msg has been updated guys. Sorry for not being clear.

[UncleB]

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@JohnnyGaddar wrote:
Msg has been updated guys. Sorry for not being clear.

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That's better, but it would help 100% if we knew the card/lender you were asking about for the CLI, and the card you were considering applying for. 

It will also help if you can provide a little background for what's holding your scores down (and if it's 'baddies', how recent they are).

[JohnnyGaddar]

Msg updated again. Current scores and cards are in my siggy. 👍

[xaximus]

Definitely would need more info on your current accounts, limits, age of accounts, etc. But if the scores are current (in your sig), then I would probably hold off and first see why they are low. Chances of getting a CLI or new card might be low since the scores aren't the ideal level one would recommend to apply either or. 

[JohnnyGaddar]

It’s been 5 years with current card I have (freedom)

[FinStar]

What about that darling AMEX Optima in your signature? How old is that one and what's the CL?