I think that if you talk to any person here, with cc's that you have also, that' you will find people who love them, and some that hate them. I hate my HSBC and Juniper card. Many here love them to pieces. I happen to like my WaMu cards, boarding on love. LOL
I received a Providian card 7 years ago. They were very generous with me and I wound up with a $3,200 CL. THEN WaMu bought them, and lowered my CL to $1,320 without even notifying me. I found out by looking at my Feb.2007 statement. And was automatically over the $1,320 cl!. I was so angry I called them up and complained and threatened to close the account. But I'm glad I didn't.
Since Feb. I've asked for a cli 3 times.....declined all 3 times.
In Sept. I received a pre-approved offer from them for a 0% thru Ja. 09. After that, 9.99% with no AF. Applied for it on phone, was told it'd take 3 weeks for consideration. I was fully expecting a decline, or best case, an acceptance of a $1,000 cl.
I received the cc 12 days later. I almost fainted when I saw the cl was $6,500.
I'm developing a theory, that, given any cc issued to you, the ccc has a range of credit available to you on that particular card. And I was maxed out in cl on the Providian/WaMu card. So the only way WaMu could increase my cl was to issue me a new card. Just a theory.
If you look at the Cap1 website in cc offerings, you'll see they promote 3classes of Visa Platinums: Cap1 Standard; Cap1 Platinum; Cap1 Prestiege. Each has a cl range.
Just my observations