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What's your goal cc limits?

Frequent Contributor

Re: What's your goal cc limits?

My only real  goal for my limits were to be able to  charge most everything I need to without coming too close to the limits (Usually less than $5K).

(I pay off in full every month)


However to prevent that amount of spending from dragging down my FICO score, I've been raising them over time and now have $52,900 total limits.  Due to the way the NPSL BOFA Visa Signature reports to the CB's my total limit is about 41K for the purposes of calculating Util.


Now when I charge 5K, which is about the max I ever do now since I PIF every month, my Util only shows about 12%.  


Now my normal utilization won't impact my credit score too much and I don't have to pay the balance down prior to statement time to keep my scores up.


I'll probably ask for increases from time to time.  But I'm satisfied with what I have now.

bobebob || Nov: My FICO SW EQ(Upgraded Version) = 822 ||Sept: Walmart TU Fico=838Goal = FICO's>800 || In my wallet: CostcoAmEx(20k), DCU Visa Platinum (10k), BoA Visa Signature (17.1k), Walmart Discover (7.5k), AmEx Corporate (5k). All PIF every month.
Message 21 of 34
Valued Contributor

Re: What's your goal cc limits?

distantarray wrote:

I have 55k+ now, I'm aiming for 100k+ mainly because I prefer my Fico score to fly first class in luxury, and not have to face the rocky roads of credit / debt ratios Smiley Tongue


Since I'm known to charge upto 10k a month or so, it's nice to not have to worry about paying my balance down RIGHT before the statement cuts to maximize my Fico score.

I'm in the same situation and I'm looking for 100k. I average about 10k per month so that would keep my util under 10%, save December when I always have huge spending. I don't like  having too many cards, so I'd like the 100k to be spread over a maximum of 4 cards. This is easily done and I'll have it by the end of thIs year. I'm fairly conservative as far as applications go, so I'm not in any real hurry. 

EX 798, EQ 789, TU 784
American Express Platinum (NPSL) || Bank of America Privileges with Travel Rewards Visa Signature - $23,200 CL
Barclays American Airlines Aviator Red World Elite Mastercard - $20,000 CL || Chase IHG Rewards World Mastercard - $25,000 CL
Chase Sapphire Preferred Visa Signature - $12,700 CL || Chase United MileagePlus Club World Elite MasterCard - $26,500 CL
Citibank Hilton Reserve Visa Signature - $20,000 CL || J.P. Morgan Ritz Carlton Visa Signature - $23,500 CL
Message 22 of 34
Established Contributor

Re: What's your goal cc limits?

FutureBillionaire wrote:

shakalaka wrote:

Walt_K wrote:

I like having my limits high enough to be able to book airfare and hotel for family vacations without having to worry about multiple payments.

That´s a good one.


In additon: Enough to not worry about UTIL if a balance reports. Still PIF of course, but not before statement cuts. Aiming to pay on due date.

I agree with both of these thoughts.



I have been thinking 5k was enough for most of my cards but I guess it would be nice to aim higher on at least one card for that purpose. We are planning a vacation across Florida this summer and I want to charge everything to one card to earn cash back and then pif when we get back. But I don't want to max it out.

TU Fico 714 | Sesame 742 | Credit Karma 762 | Wal-Mart FICO 734 | EX FICO 695 (1/28/13) | EQ 740 (3-21-13)

Amex Blue Sky 7.2k | Amex BCE 13.1k | Citi Diamond Preferred 10.2k | CSP 5k | Bofa Cash 9k | Boa Travel 10k | Discover More 3k | Chase SW 5k | Wal-Mart 3.3k | Amazon 5k | Old Navy Visa 5k | Shell 1200 | BP 400 | VS 1500 | Sam's Discover 8.5k | FNBO Amex 16k | Chase Freedom 1.3k | Home Depot 5k | Brylane Homes 1600 | BML 2820

App free since 12/11/13*
Message 23 of 34

Re: What's your goal cc limits?

Short term, I'd like to get any national bank card above a 5K limit.  I'm hoping to do that within a year but it wouldn't surprise me if it takes two years with my profile.


Long term, I think I'd like to get to around 50K of available credit (we're talking YEARS in my case admittedly); I think this is enough float to cover me for six months if I'm unemployed for a non-trivial amount of time with theoretical expenses of marriage, kids, and mortgage all at some point in the future.  Probably longer than that even, but a six month financial defense position is an absolute minimum in my opinion for target aggregate limit.

Starting Score: EQ 5 561, TU 98 567, EX 2 599 (12/30/11)
Current Score: EQ 5 771, TU 4 741, EX 2 776, EQ 8 809, TU 8 774, EX 8 822 (1/1/18)
Goal Score:    EQ 5 771, TU 4 750, EX 2 776, EQ 8 809, TU 8 774, EX 8 822 (01/01/19)

Take the myFICO Fitness Challenge
Message 24 of 34
Valued Contributor

Re: What's your goal cc limits?

chnceit wrote:

I want to break the $20K limit Smiley Happy I am currently at $16K! Hopefully this year Smiley Wink


Edit to add break the $100K barrier! Almost there Smiley Happy

Alright y'all I have accomplished my goal of breaking the $100K barrier with my Cap One CLI today. Soo across all my cards including my biz cards I made it!! Whohoo!! Thanks to this board. Now to maintain it and hopefully no AA or CLDs!!

Last Pulled EQ: 809
Last Credit Card App: 02/05/2016
Last CLI: 02/06/2016
Find Me: Gardening
Message 25 of 34
Senior Contributor

Re: What's your goal cc limits?

How about...... NO CL's ......ONE DAY........ONE DAY......ill own a credit card that doesnt have my name because im a AU....... someday.......

Message 26 of 34
Established Contributor

Re: What's your goal cc limits?

I am at 81K want to be above 100K
Experian® 808/Equifax® ?/TransUnion® 810
Baddies Experian® clean/Equifax® 1/TransUnion® Clean
Last CLI 6-13-2013
Total Credit $121,190.00
Goal 780!
Message 27 of 34
Valued Contributor

Re: What's your goal cc limits?

I blew past my goal of $100K last year.  Now it's a matter of getting the right cards in my portfolio where the points actually mean something to me.  

FICO Scores Updated 07/15 EQ08 748 EX08 748 TU08 818
Message 28 of 34
Valued Contributor

Re: What's your goal cc limits?

im at 20k right now 

income is at 30k (before bonuses and 401k etc..) 


if i could have a 10k card for emergencies and some use that would be pif would be nice. 

currently have a 5k Mastercard and Amex Zync. (idk if id count walmart since i can only use it there)

Current: Discover Fico 709 3/15 Walmart Fico 743 4/15

Inquiries (24 Months): EQ 6 TU 1 EX 6 | Most Recent: 4/09/2015
Over 12 Months:9

2015 Goals:
Lower Utility
Earn Cash Back

Amex Zync(Unicorn)
Chase Freedom$1500
Discover IT$7,400
Citi DC $10,000
Citizens Mastercard$7,000
Message 29 of 34
Senior Contributor

Re: What's your goal cc limits?

I think I'm at $128k+ of avail cred.

I have plenty of avail cred..LOL

I want to get my Paypal MC to $22,500 (two months)
And my Wmt Discover to $20,000(two months)
And my Amex BCE to $25k(5 more months)
Get Cap 1 Plat to $10k(5 months)

Get approved for a Citi Diamond Preferred account with a $10,000 limit (6 months)

Lol I don't have an overall avail credit goal.

I'm just focusing on certain cards for setting precedent for new approvals in the future limitwise :-)

Good luck everyone!
Marriott PR$25k | BCE $24.5K |BankAmericard Visa $25k| BOA Better Bal $17.5k |Wmt Discover $12.5k | BR Visa $17.5k | Amex Delta Gold $10k | Discover IT $10k | Paypal Extras MC $15k | Amazon Store $10k|Smile Gen $7.25k | Dillard's $10k | West Elm $4k| Express $3.05K | Visa $4.5k | Freedom Visa $1k| Amex Surpass $1k
Message 30 of 34