Can you have TOO MUCH available credit?

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Postby Z06Biker » Fri Apr 26, 2013 4:12 pm

im_mr_awesome wrote:I've been given a CLI several times without requesting it, but only on cards I was inititally approved at a low amount. For example, when I started to build my credit, Capital One gave me a CLI of 50% after about 6 months, and in the 3 years since I opened my American Eagle card with GEMRB, I've been given CLIs from $150 to $720. Obviously this is not in the league of what you're talking, but it might be an answer as to how much a bank really wants to increase a limit without a request.

That makes sense, although as you already noted, I was talking more along the lines of $5-10K incremental increases...
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