Your credit limits vs. income.

For just about anything you want to get off your chest about credit cards.
Rory
Centurion Member
Centurion Member
 
Posts: 274
Joined: Sat Aug 04, 2012 10:21 pm
Location: MA

Postby Rory » Thu Jan 24, 2013 11:14 pm

11,000 (+10k approved on Zync)/35,000 income

im happy with that especially being a full-time student and holding down a part time job at 20
Amex Zync - NPSL (Cleared up to 25k)
Amex BCE - 12000 limit
Amex BCP - 4200 limit
FIA Rewards Amex- 3500 limit
Chase Freedom - 2000 limit
Chase Slate - 2000 Limit
BoA Cash Rewards Privileges- 3000 limit
Barclaycard Rewards MC - 3000 limit
Discover IT- 3500 limit
Marriott PR- 5000 limit
21 years old with alot of life to spend ;)
Its not about the ending, its about the journey,
just as long as the ending is just as good :cool:


itsmeandrew
Gold Member
Gold Member
 
Posts: 43
Joined: Mon Apr 09, 2012 10:53 pm
Location: Utah

Postby itsmeandrew » Thu Jan 24, 2013 11:49 pm

I'm sitting at about $15,000 CL to my $25,000-$30,000 income.
Capital One Platinum $500 (2/2010) CLOSED (1/2013)
Wells Fargo College Cash Back $1.2K (8/2011) CLOSED 3/2015
Chase Freedom (Signature) $10K (4/2012)
AmEx Zync NPSL (4/2012)
Samuels Financing $2.9K CLOSED 4/2015
Discover IT $3.95K (7/2012)
Chase Marriott Premier (Signature) $5K (9/2012)
Chase Slate $2.5K (12/2012)
Citi Simplicity $4K (3/2013)
AmEX BCE $9.5K (5/2014)
Chase Amazon $4.5K (5/2014)
Barclaycard Apple Financing $2K (6/2014)
Capital One VentureOne (Signature) $5K (1/2015)


TU (Discover): 760

RewardHop
Centurion Member
Centurion Member
 
Posts: 307
Joined: Wed Jan 02, 2013 3:43 pm
Location: USA

Postby RewardHop » Fri Jan 25, 2013 1:18 am

Fartanywherecard wrote:Mine's embarrassing. ~$80k with $800 credit line. I'm working on it though.


It took me only 5 years to get from $300 CL to $36,100 today without trying too hard, I'm sure you can do that in less time. My income is in your range.
[size=60]
Amex BCE: 3% grocery, 2% gas
Bank of America Better Balance Rewards MC: $25/quarter bonus
Barclaycard Rewards Visa Signature: 2% gas, groceries, utilities
Capital One Quicksilver Visa Signature: 1.5% everything
Chase Freedom Visa Signature: 5% rotating
Citi Forward Visa: 5% restaurants/fastfood, movie theaters, amazon.com
Discover It: 5% rotating
SallieMae MC: 5% Groceries, Gas, Amazon
US Bank Cash+ Visa Signature: 5% electronic stores, restaurants
Sock Drawered: Chase Sapphire, Chase Amazon[/size]

Robrus1
Centurion Member
Centurion Member
 
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Fri Jan 25, 2013 7:38 am

I forgot to answer your question. No, I have no negatives on my reports, and I've never had a late payment.
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

darkguy2
Centurion Member
Centurion Member
 
Posts: 607
Joined: Thu Jan 24, 2013 12:24 am
Location: United States

Postby darkguy2 » Fri Jan 25, 2013 9:45 am

Since I just got my first card my credit is $1.5k while I make $7.5k as a student.
Discover IT - $5,700
Chase Freedom - $5,700
Costco Citi - $13,000
Sallie Mae - $4,000
Chase Sapphire Preferred - $6,000
Chase Sapphire Reserve - $19,500
Citi Double Cash - $6,500
Amex BCE - $13,000

FICOs: Discover (777), SallieMae (764), Amex (767), Citi (772)
FAKOs: CK- TU (760), EQ (760)

FutureBillionaire
Centurion Member
Centurion Member
 
Posts: 1589
Joined: Sun Jun 19, 2011 2:37 pm
Location: Down South

Postby FutureBillionaire » Fri Jan 25, 2013 3:07 pm

I have about 20k more available credit than I make in a year. That's why I feel comfortable applying for more cards, if anything interesting comes along.
Gas: Discover It, Penfed Platinum Rewards x2, Chase freedom, Citi TYP
Plane tickets: CSP
Groceries: AMEX BCP, Penfed Platinum Rewards,Citi TYP
Clothes: Express, Amex BCP, Discover IT
Amazon: Citi Forward, Cash +
Restaurants: Citi Forward, Chase Freedom, Discover IT, CSP
Hotels and other travel: Discover Escape, CSP
Movies: BofA travel rewards visa signature(fandango), Discover IT, Citi Forward, Freedom
Bars, clubs, tomfoolery: CSP, Citi Forward, Discover IT, Freedom
Balance transfers: Kroger 123 rewards
Bill Pay: Chase Ink Plus, Citi Forward
Everyday spending: Bofa Accelerated cash rewards amex, Discover Escape

Robrus1
Centurion Member
Centurion Member
 
Posts: 797
Joined: Tue Oct 02, 2012 3:25 pm
Location: Texas

Postby Robrus1 » Fri Jan 25, 2013 4:58 pm

I'm now up to $42K. I applied for a CLI on my Amex Blue and was instantly approved! Limit was 5K and now it's 15K!
Amex Platinum
Amex BCP 21K
Amex SPG 5K
Barclaycard Arrival Plus WEMC 5K
Chase Sapphire Preferred 23.5K
Credit Union 10K
Discover IT 7.75K

lexrj
Centurion Member
Centurion Member
 
Posts: 169
Joined: Fri Sep 14, 2012 12:59 pm
Location: San Diego

Postby lexrj » Fri Jan 25, 2013 5:45 pm

I only have 2 yrs of credit history so I'm looking to build a lot more credit. Right now I'm at $6.75K CL vs $88K Income.
I'm shoked that CC companies are still giving that amount of credit (like Calipso for example) since the credit crisis in 08, I can't think of a good reason to have a ratio higher than 1:1 except for improving your credit score but I have no idea how it affects, anybody?
---------------------------------------
Current in my Wallet
Amex BCP - 25K (02/12)
Barclaycard Arrival WMC - 15K (10/13)

Future
US Bank Cash +

Socks drawer
Crap One Quicksilver - 1.7K (04/11)
CSP - 15K (03/13)

Scores
FICO EX 772 / TU 765 / EQ 762 - (09/14)
AAoA 2.1

lexrj
Centurion Member
Centurion Member
 
Posts: 169
Joined: Fri Sep 14, 2012 12:59 pm
Location: San Diego

Postby lexrj » Fri Jan 25, 2013 6:04 pm

I searched the forums and didn't find much. I figured I would see if anyone wants to post on how much they have available vs. how much they make.

My current limits are almost $90,000 combined against the $30,000 I make per year.

It took years to get this. I have gotten almost $40,000 in the last year in credit limits, but that was due to building trust and such with good credit unions like Navy Federal. (They increased my Navcheck from $5,000 to $10,000. Approved me for $10,000 limit on their Platinum card. Increased my nRewards from $2,000 to $8,000.)

Keeping your reports clean definitely helps.



That's impressive! I had no idea that was possible. If you don't mind me asking, what's the reason you would want that amount of credit?
---------------------------------------
Current in my Wallet
Amex BCP - 25K (02/12)
Barclaycard Arrival WMC - 15K (10/13)

Future
US Bank Cash +

Socks drawer
Crap One Quicksilver - 1.7K (04/11)
CSP - 15K (03/13)

Scores
FICO EX 772 / TU 765 / EQ 762 - (09/14)
AAoA 2.1

kelvSYC
Platinum Member
Platinum Member
 
Posts: 52
Joined: Fri Jan 25, 2013 3:10 am
Location: San Bruno

Postby kelvSYC » Sat Jan 26, 2013 1:07 am

Income: 95K USD per year.
Credit: 3500 CAD on a Canadian credit card and 9500 USD on an American credit card.

I've had my Canadian card (RBC Royal Bank) since I was a student roughly 9 years ago; I've had my American credit card (Bank of America) for 6 months. I'm pretty sure my credit scores in Canada isn't that great (just before moving to the US, I have repeatedly maxed out my card, but managed to pay off my balances in full with a lot of help), and I don't have any information on my US credit scores.
Current Credit Scores:
VantageScore 3.0 - 760 TU, 764 EX (11-19-16, Credit Karma)
FICO 8 - 747 EX (10-22-16, AmEx statement)
Discover - 750 TU (11-4-16, Discover statement)

Current Credit Cards:
RBC - $8000 CAD
BoA - $13500 USD
Capital One - $2750 USD
AmEx BCE - $4000 USD
Discover It - $8000 USD



Return to “General Credit Card Talk”

Who is online

Users browsing this forum: No registered users and 2 guests