@BrutalBodyShots wrote:ACL (Average Credit Limit) = TCL (Total Credit Limits) / number of cards.
For example, if someone has 5 credit cards and a total credit limit of $48,500 across them, ACL = $9700.
I've always found ACL to be a more interesting metric than TCL since TCL can be increased two ways... opening more cards or increasing limits on existing cards. Curious to see what sort of ACLs people on this forum have.
on the personal side it's about $10k over ~20 cards
$16,111 over 9 cards. If I drop my two lowest then it jumps up to $19,785
Thanks for the topic @BrutalBodyShots. This is a topic we don't see often and I also find it interesting, as my user name Aim_High reflects a combination of not only high limits but also high goals, high rewards, high FICO. I periodically track this metric since my strategy has been to (1) get high total limits and (2) to do so with less cards to manage. By default, that also gives me a high average per card.
My personal limits are $912,000 over 22 cards. That works out to about $41,454 per card. 😁.
My signature is current so I have (10) cards at $46K or higher. Highest are Chase Sapphire Reserve ($100K), BofA Premium Rewards Elite ($85K), NFCU Flagship Rewards ($80K), and AMEX Marriott Bonvoy Brilliant ($65K.) I also try to keep my lowest cards at or above $10K, so I just have 4 cards between $10K - $14.9K.
If you were to add in business cards, my average drops a bit since those limits are lower than my personal limits. They are just based on a small sole proprietor side gig.
I've got some likely changes to my lineup and may be closing and consolidating two cards, my Chase IHG Rewards ($12K) and AMEX Hilton Surpass ($10K.) If I did that and was able to keep all/most of those limits, I would average over $45K ($912K/20.)
Just for fun when I've been posting on threads about simplifying, I've imagined consolidating all personal limits by bank and closing cards to get something like this:
- Chase Sapphire Reserve - $141.4K
- BofA Premium Rewards Elite - $99.9K
- NFCU Flagship Rewards - $80K
- AMEX Marriott Bonvoy Brilliant - $75K
- Discover IT - $52K (my oldest card)
- CITI AAdvantage Executive - $50K
That would give me a simplified six card wallet, at least one card from each of the four processing networks, six different major lenders, choice of either cash back or multiple travel rewards options, base rewards earnings of 2.625% on BofA PRE, oldest open card from 1993, $498,300 $583,300 in limits, and average CL of $83,050. $97,216. 😜 I would probably never do that but it's fun to think about it.
Correction: In my late-night post on my iPhone, I made a math error and added PRE 85.0 twice. TCL of the above would be $498,300 and ACL would be $83,050. If anyone cares. LOL 
Hey there @Aim_High! Long time no talk. I wanted to thank you for the help/guidance you gave me back in 2021 regarding BoA cards, limits, Preferred Rewards, etc. Since we spoke I've scooped up a pair of BoA cards that I tend to favor in my lineup and am working toward growing the limits of.
Your $41,454 ACL is super impressive and one of the highest I've seen. I too find great value in "quality over quantity" when it comes to number of cards and limits. My ACL is a bit below yours at $41,166. My TCL is $361,500 and I've got 9 cards. I've always maintained a rule to never go above a single-digit number of cards, so if I ever want to open another I must close one first 
I'm more or less capped out as far as limits go across most of my 9 cards outside of perhaps a little growth potential with BoA still. I don't see my ACL moving up much higher, and I don't see myself opening any other cards any time in the next few years (I've only opened 1 card in the last 5 years for context).
This is a good metric to track, for one good reason: Per @Thomas_Thumb 06-06-2024: The LexisNexis "Credit Based Insurance Score" (CBIS) Algorithm penalizes if "average CL per bankcard" is below $10,500 per bankcard (open loop) excluding store cards. And, he states in another post you must reqest your current insurer in writing to re-score your policy to get a newer, lower rate assuming your score went up since you first had the policy (or just get a completely new policy from scratch).
To answer @BrutalBodyShots, my ACL for his question would be ~$17k (includes store cards).
RIP: 
