- Centurion Member
- Posts: 1589
- Joined: Sun Jun 19, 2011 2:37 pm
- Location: Down South
selfmadetool wrote:1. When my spending habits no longer justified a CLI, I stopped, so it's relative. If you take your family out to dinner and you have to split the cost on multiple cards, or you have to wait for a payment to clear before there's enough available credit to begin using your card again, it's probably time to go after some increases. When you can comfortably charge monthly expenses to your cards and have your utilization under 10%, you're probably all right.
2. I would think the factors vary from issuer to issuer. When your available credit is several times your income, that may send up a flag.
I agree with this assessment.
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