CSMB wrote:Unfortunately I won't be much help to you because we're in very different ballparks on limits. I have a year of credit history and an entry level income. My scores are great cause I have no baddies or student loans or any debt for that matter. But if 5 gs is a small limit for you then my limit won't tell you anything. I'm a joint account holder on a 7500 sapphire but on my cards that I am sole user on, lets just say I'm shooting for a 5k limit and haven't gotten there yet.
I have a discover it and the citi diamond preffered now, and them I'm going to get the freedom soon. Once my income rises in about 6 months ill get the CSP and then garden. May go for amex eventually but once I have that freedom and CSP combo I don't really think ill need much else. Especially if I use my discover IT points for the awesome deals on hyatt hotels gift cards, which, of course, is a partner of the ultimate rewards program. Transfer point from the chase cards combined with gift cards would provide some killer deals.
And now ill start paying more attention to citi cards to see what I could benefit from there.
My goodness, someone actually reads my posts.
Yes, I suppose we're in different points of life so it's certainly an apples to oranges comparison. I have a six figure income and 25 year credit history. Still I'm looking to make sure that when I apply for either a Discover IT, Citi Diamond Preferred, or most likely both, that one or both will extend me enough credit in order for my wife and I to burn down enough debt over the next 18 months to fulfill our financial goals. I'd like $25K from a single card or $30K combined with two. That's a lot for a new customer but my current two cards have $25K and $20K limites, I have with great credit (EX 750, likely higher once my Chase CLI hits in a few days, the BofA CLI is already showing), no baddies, no inquiries and no credit card openings since 2008.
My mistake was getting my limits so high that is was tough to manuever, despite making good money. Talking to a Chase rep changed all that and then BofA followed suit. That puts me in a solid position to make the next move.