re: Ever had a credit limit increased automatically?

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I had to get it raised manually.

I'm hoping they notice that I am putting about $25,000 a year in charges on a card that now has a $3K limit and realize I make an OK amount of money and that its paid off at all times.

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I've recently taken an aggressive hold of my credit report/score so I will tell you what I learned.

1. Your bank makes a "soft" inquiry every month on you. I have no idea why but Capital One does. I don't have any outstanding loans with them.

2. Don't ever try to manually raise your limit. It counts as a hard inquiry and often times they won't raise it anyway. Best thing to do is leave the card cleared out or with little balance and let it sit. My interest rate was cut from 23 to 9.9% on my Bank of America by doing that. Limit hasnt changed though

3. AMEX charge card is your best bet for your finances. I'll never use another credit card again.

4. Hard inquiries on your report will hurt you. I've made alot of changes over the past 1.5 years and I probably have had 7-8 hard inquiries (Insurance, car loan, new credit card, increase limit, etc.) and it dropped my score.

Hard inquiries only come from you initiating credit, don't do it unless you have to. I went from high 700s to middle 700s- a 25 point drop over it.