- Centurion Member
- Posts: 875
- Joined: Thu Apr 30, 2009 2:32 pm
- Location: Texas
I used to have a B of A card with a $55k limit, but that was before the crash. I now have about $28k of credit with FIA (which is B of A) spread over three cards. At Chase I have about $37k in credit spread over three cards.
Most banks will let you reassign some or all of your available credit from one card to another if you call and ask them to, fyi.
Then there's another $22k on a Blue Cash card, which I never use. On Discover I have a limit of about $8,500, which is what I think I started with years ago. They've never raised it and I've never asked them to.
My available credit is way out of proportion to my income. I'll never use this much credit, and I don't carry balances. I would be disappointed if any of my limits were cut for no apparent reason. However, in reality I have to say Discover is the only credit provider that seems to take a rational approach to setting limits, at least from a risk management perspective.
American Express: Blue Cash Preferred (groceries, 6%; gas, department store, 3%); Gold Delta SkyMiles (Delta Air Lines, 2 miles/dollar, free checked bag).
US Bank: Cash+ (utilities, phone, internet, restaurant, 5%; drugstores, 2%).
FIA Card Services: Fidelity Amex (everything, 2%); Fidelity Visa (everything, 1.5%).
Chase: Freedom (rotating, 5%); Amazon (Amazon.com, 3%); PriorityClub (IHG hotels, 5 points/dollar); Sapphire (not in use).
*All cards are registered with PriorityClub IDine program for 8 points/dollar at participating restaurants.