@webhopper wrote:
I had maxed my discover card. Its been open since 99. I had a BT promote that I took advantage of as well as a cruise through shopdiscover. I'm fairly certain discover isn't going to take AA on a card that's been open since 1999 with no late pays. Ive also maxed the card out in the past to use for reimbursed travel and lodging expenses.
The reason I asked is because I was browsing the auto forums and someone advised a guy to apply for an auto refi "as long as he hadn't had late payments or Max a card in the last year"
I thought they was odd but I wanted to bring the topic here to make sure I wasn't missing anything.
My discover was maxed march; PIF in may. Then maxed again at the end of may and PIF in July.
I knew I would be using the full limit on the card; so I called and asked for a CLI but they couldn't do it without a HP.
We had bought a new house in January; done a 4k septic repair in April; married in may; Alaskan cruise for three in June. I guess we've been living larger than life but we.actually had about 4 major life events within a 6 month time period. I'm glad things are semi Back to normal. We had the income and savings to support all of this activity; but you have to admit that maxing out a 4200 card and paying off completely twice is a little unusual
Hey, that's the best way in the world to use credit cards.
It probably does wonders for your "Capacity Index" FICO score. It's an indicator of your capacity to take on additional debt. Helps with CLIs and high limits opening new accounts. It's an important adjunct score to the basic FICO risk score.
And congratulations!
