I have two Chase Visa cards. Lamely, they lowered one of my credit cards to $300 from $2,000 a month about two years ago. Didn't matter, I barely used it anyway, and it annoyed me so much I never use it now. I can barely go out to dinner at a nice restaurant on a $300 limit so what's the point. My other card still has a $15,000 limit, but again, lamely, two years ago they raised the interest rate to 29.9%. A couple of years ago I had about $10,000 of debt on it, now I have exactly $300. I really have no desire to even keep the $300 balance, and could pay it off today if I desired. However, I have a feeling that if I pay off my credit card they will cut my limit as they have no reason to give me the credit any longer, I am not making them 30% interest on a balance. I really do not want to continue giving them 30% interest, but I don't want the credit line cut. Perhaps its inevitable. Maybe keeping a $300 dollar balance won't even keep them from cutting it, they would only be making $90 a year off of me.
I like my AMEX card so much better. Pay the whole thing off every month and its done. They actually don't penalize me for being fiscally responsible.