So I've had a credit card for 4 years now. I also recently opened up another credit card. Credit score is ~800.
Credit Card 1: 4 years old, $9000 limit. Credit Card 2: 1 year old, $8000 limit.
With credit card 1, I've always asked for a moderate bump to my limit. I think I ask for $1000-2000 more per year. The purpose of me doing this is to reduce my credit utilization for my credit score. Should I continue with this strategy? I've never been denied a limit increase, but I've also never asked for a dramatic increase.
Submitted November 03, 2017 at 11:03AM by ColSamTrautmen http://ift.tt/2zh30Bl
