Hello all -
I recently joined the site and am ready for my first post (in the form of a question). Is there a general rule of thumb regarding credit limit increases for new credit cards? Example, I was recently approved for a Chase Sapphire card, with a $6000 limit. Ideally I would like an increase within the first 6 months. Should I spend $0, $1500, $3000, let the purchases post, then pay off the balance every month? Or spend and pay off before bill generates?
Any feedback would be greatly appreciated!