Max out CL hurts Credit Score?

[TyRacing]

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@Remedios wrote:

I would wholeheartedly agree with you, but OPs oldest card is barely two years old, and bunch of new accounts in the last few months.
Even if some are not reporting, the inquiries are there.
Those reasons are probably why they started them on such a low end.
I'm not saying it's not possible, but with weaker profile, Barclay can go in the other direction and close the card if they feel there is excessive credit seeking there, especially four days after approval.
Anything is possible though, and data points are always appreciated.

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yeah i guess i should just let it be. i have pushed my luck too much. time to let the seeds grow 

[Anonymous]

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@TyRacing wrote:
Would it hurt my credit score if i max out my new Uber visa card with $500 CL? And letting it be reported?

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Not enough information to say.  Those that replied "yes" to the OP's question above, you have no way of knowing that without him listing out all of his accounts with balances.

For example, he may already have another maxed out card or two, so taking another to maxed out status could possibly result in no score loss due to already incurring maximum penalty for individual card(s).  With the limit being tiny ($500) relative to his overall limits, the chances of crossing an aggregate utilization threshold is very small, as aggregate utilization only shifts about 1%.  Again, without seeing his balances and limits all listed out there's no way of knowing, but it's possible that he'd see no score drop at all from the maxing out of this card.

[Anonymous]

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@Anonymous wrote:

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@TyRacing wrote:
Would it hurt my credit score if i max out my new Uber visa card with $500 CL? And letting it be reported?

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Not enough information to say.  Those that replied "yes" to the OP's question above, you have no way of knowing that without him listing out all of his accounts with balances.

For example, he may already have another maxed out card or two, so taking another to maxed out status could possibly result in no score loss due to already incurring maximum penalty for individual card(s).  With the limit being tiny ($500) relative to his overall limits, the chances of crossing an aggregate utilization threshold is very small, as aggregate utilization only shifts about 1%.  Again, without seeing his balances and limits all listed out there's no way of knowing, but it's possible that he'd see no score drop at all from the maxing out of this card.

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From OP:

Have the Following:

CashBack Cards Goals: Disco It, Ducks

Util says 4%. Assume balances in total around $1700.

I lost 40+ points maxing out a card which brought my total utl to around 6-7%. A maxed card is a maxed card. but I didn't care. OP seems to care.

[Anonymous]

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@Remedios wrote:

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@staticvoidmain wrote:

Just a data point: For me, the SL was $1000. They increased it to $7500.

I do agree though that Barclays is a hard one (still my lowest limit to this day). Nothing is certain. I am not trying to give you hope, but I would try if I was in your position (as I did).

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I would wholeheartedly agree with you, but OPs oldest card is barely two years old, and bunch of new accounts in the last few months.
Even if some are not reporting, the inquiries are there.
Those reasons are probably why they started them on such a low end.
I'm not saying it's not possible, but with weaker profile, Barclay can go in the other direction and close the card if they feel there is excessive credit seeking there, especially four days after approval.
Anything is possible though, and data points are always appreciated.

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THIS  ^^^^^   Too many  Inquiries/New accounts opened in a short time span will make you look riskier...

Let the accounts marinade.  Get CLIs from existing accounts. 

[Anonymous]

LOL...I mean CLIs from accounts that have been opened for a while....not the RECON on the UBER