@PayAndProsperI did it in 2018. I was still learning and turned in $14,000 back to Cap1 from my 3 cards thinking I was going over my income. I started a thread and everyone thought I lost my mind. Nothing happened. Just opened up more $ for them to give to others. CLI's never got it back to where they were.
@FireMedic1 Interesting. Thanks for sharing. Did that cause other issuers to limit chase you, at the time?
@PayAndProsper wrote:@FireMedic1 Interesting. Thanks for sharing. Did that cause other issuers to limit chase you, at the time?
Nope.
@FireMedic1 OK. Good to know. Thanks.
Another personal question: I think I may have seen you state elsewhere on the board that you are currently in the camp of "not seeking CLIs just to have inflated limits." Is that correct? Are you still uninterested in, say, having the maximum an institution is willing to give you, but rather, enough for you to work with and a modest buffer?
If that is the case, would you mind explaining why you have taken that stance? I'm interested in receiving understanding the various perspectives of "the credit game." But, of course, if I'm asking too much, or prying, feel free to say so and I won't be offended. Thanks.
@PayAndProsper wrote:@FireMedic1 OK. Good to know. Thanks.
Another personal question: I think I may have seen you state elsewhere on the board that you are currently in the camp of "not seeking CLIs just to have inflated limits." Is that correct? Are you still uninterested in, say, having the maximum an institution is willing to give you, but rather, enough for you to work with and a modest buffer?
If that is the case, would you mind explaining why you have taken that stance? I'm interested in receiving understanding the various perspectives of "the credit game." But, of course, if I'm asking too much, or prying, feel free to say so and I won't be offended. Thanks.
@PayAndProsper I started the rebuild after BK in 2015. I got the cards I wanted due to their rewards, cash back or any other perks with what I had to work with as the BK aged. I had the 2 bucket cards at first. I have never carried a balance and been AZEO since day 1. (Others Cringed. Dont care) As the rebuild came to an end. I go by the banks have to pay me to use their cards. I'm not paying to use them. As in paying interest. Yes I have my AF cards but I bypass that fee each year. I have no use for higher CL's. I sit just right below of what I make a yr in CL's. I have no use for 30, 40, or 50k in CL's. I'm happy right where I'm at. Took 7 yrs. Worked out well. Higher CL on a card doesnt make any person better than another. You make more and spend more. Yeah you need it. I dont.
Add homeowner and newer ride. I'm happy right where I'm at.
@FireMedic1 Thanks for sharing! Congrats on the home and the ride and all the progress you've made, and it sounds as if you have come a long way, indeed.
@FireMedic1 wrote:@PayAndProsperI did it in 2018. I was still learning and turned in $14,000 back to Cap1 from my 3 cards thinking I was going over my income. I started a thread and everyone thought I lost my mind. Nothing happened. Just opened up more $ for them to give to others. CLI's never got it back to where they were.
I also CLD'd 3 cards from between 35k and 50k all down to 20k over a three day period.
No one blinked. 
It takes other factors along with CLD's for issuers to worry.
With 800+ Ficos, low utilization, and no excessive credit seeking behavior, should not be a problem.
@Thomas_Thumb wrote:
@FireMedic1 wrote:
@PayAndProsper wrote:@FireMedic1 OK. Good to know. Thanks.
Another personal question: I think I may have seen you state elsewhere on the board that you are currently in the camp of "not seeking CLIs just to have inflated limits." Is that correct? Are you still uninterested in, say, having the maximum an institution is willing to give you, but rather, enough for you to work with and a modest buffer?
If that is the case, would you mind explaining why you have taken that stance? I'm interested in receiving understanding the various perspectives of "the credit game." But, of course, if I'm asking too much, or prying, feel free to say so and I won't be offended. Thanks.
@PayAndProsper I started the rebuild after BK in 2015. I got the cards I wanted due to their rewards, cash back or any other perks with what I had to work with as the BK aged. I had the 2 bucket cards at first. I have never carried a balance and been AZEO since day 1. (Others Cringed. Dont care) As the rebuild came to an end. I go by the banks have to pay me to use their cards. I'm not paying to use them. As in paying interest. Yes I have my AF cards but I bypass that fee each year. I have no use for higher CL's. I sit just right below of what I make a yr in CL's. I have no use for 30, 40, or 50k in CL's. I'm happy right where I'm at. Took 7 yrs. Worked out well. Higher CL on a card doesnt make any person better than another. You make more and spend more. Yeah you need it. I dont.
Add homeowner and newer ride. I'm happy right where I'm at.
Total CL around 1x annual income is in the sweet spot - imo. As for AZEO, not so much.
I'm struggling to see where the harm is in having larger credit limits than you would expect to need.
@Kforce escribió:
@FireMedic1 wrote:@PayAndProsperI did it in 2018. I was still learning and turned in $14,000 back to Cap1 from my 3 cards thinking I was going over my income. I started a thread and everyone thought I lost my mind. Nothing happened. Just opened up more $ for them to give to others. CLI's never got it back to where they were.
I also CLD'd 3 cards from between 35k and 50k all down to 20k over a three day period.
No one blinked.
It takes other factors along with CLD's for issuers to worry.
With 800+ Ficos, low utilization, and no excessive credit seeking behavior, should not be a problem.
@Kforce Thank for sharing! That's what I was thinking, but I don't have DPs to support or refute it; so, it really helps that people are coming forward and sharing their experiences. Many talk about CLIs, but there is no board on MF to congratulate people for their successful CLDs. haha