Which credit card issuers usually lower your credit card limits if you use 80%-90% of its utiliratio

[DotaK]

Which credit card issuers usually lower your credit card limits if you use 80%-90% of its utiliratio? Balcays's been keeping lowering my credit limit. I want to know what other card issuers love doing the same thing. Please share! Thanks!

[Anonymous]

All of them have the potential to do it.  I would say that I most often see it when your total utilization across all cards are high.  You can spook many creditors and they are trying to protect themselves by minimizing any potential future losses.  

Are you carrying a high balance month to month with Barclays?  They could be the worst offender.  If you are then they are balance chasing you.  Whenever you make a payment, they will continue to chop your CL until the account CL is at a limit that they feel ok with or perhaps close your account outright.  

80-90% is too high of a risk to let report.  You can certainly get away with it but if you carry a balance month to month without making significant payments and have a continued high UTI then you are certainly at risk.  If you used it that much and PIF before statement closing then I'm sure you would be fine in most cases.

[Anonymous]

Synchrony is known to do this as well. 

All issuers have a threshold where they won’t tolerate the risk anymore but the twitchiest seem to be Barclays, Synchrony, and Comenity. If you have any store cards and they do an AR and see what Barclays is doing, they may do it too and Comenity is known to close accounts also. 

[zerofire]

Actually what you discribe is AA(Adverse Action). Barclays is the #1 lender to do that for high utalization only. Chase Bank, Comenity Bank, and Synchrony Bank do it but you have to have more problems like a missed payment before they will think of doing it. Capitol One is known to do it if you do not use your balance and are over 10k in CL.

The only thing about Barclays is that once you pay off a bit they will keep dropping their exposure until you pay it all off. If you pay them off all at once though they will consider keeping the account open but if you take your time they are actually more inclined to close it.

[Anonymous]

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@DotaK wrote:

Which credit card issuers usually lower your credit card limits if you use 80%-90% of its utiliratio?

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I think what you mean is if you carry a card at 80%-90% utilization?  If you simply use 80%-90% of your CL and pay it off, that would only stimulate a CLI, not a CLD.  This is just worth clarifying here, as they are very different things.

[RickNATL]

 I agree with the points above...but the other impact is your score. High util on one card (not just overall) will hurt you as well....and creditors tend to use that against you as well.

[Anonymous]

My greatest fear is having Discover decrease my CL with them overnight. I went from a $3,000 SL to $37,000 in my first year with them back in 2016 (seriously, I don’t know what I did to trigger such increases). Since then they’ve given me a routine $1,000 increase every year. Just got it from $39,000 to $40,000 just this past week, so for now I feel safe.