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cypressbrake3
LSU Fan
Member since Oct 2014
2953 posts

Do some credit card companies give credit line increases only to those with heavy usage?
I ask this because I have several cards with 6-8k credit limits that I use every month, pay in full every month, but never go over maybe 6-8% of usage.

I've never missed any payments, and my credit score is in the 780 range.

I don't ask them for an increase, but they have not automatically given me an increase for at least 3 years.
The cards I'm primarily talking about are Chase and Barclays.

Discover Card, on the other hand, has consistently raised my credit limit.

This post was edited on 8/13 at 1:11 am


NATidefan
Alabama Fan
Two hours North of Birmingham
Member since Dec 2008
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re: Do some credit card companies give credit line increases only to those with heavy usage?
You need to ask for an increase every 6 months.

My capital one, discover, and citibank have all given me increases when I request them every 6 months. It doesnt effect your credit, count as inquiry, etc. Most of them you can request an increase within their app or on their website. Takes just a minute or two.

If you are denied it'll just say try again later basically.

My utilization is usually reported around 1% because I pay them off several times a month.

Now you may eventually top out, but it shouldnt be at 6-8k.
This post was edited on 8/13 at 1:39 am


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LSUFanHouston
LSU Fan
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Member since Jul 2009
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re: Do some credit card companies give credit line increases only to those with heavy usage?
The one that cracks me up is Kohl's.

Our Chase Visa and our Bank of America Visa both have credit limits approaching 30K.

We have store cards for Lowes and Home Depot that have CLs between 8K and 10K.

We have a JC Penney store card with $9K CL

Then there is Kohls. When we opened it, we were given a CL of... $300. This was 6 years ago. Wife uses it at least once per month, and we pay it off each month. They have never raised the limit on their own. Twice, she has requested a raise. First time it went from $300 to $500 and second time it went from $500 to $750.

We have never come close to $750 (I think the most she's ever charged in a month on it is like $450) but it just makes me laugh that the limit is so low.


NATidefan
Alabama Fan
Two hours North of Birmingham
Member since Dec 2008
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re: Do some credit card companies give credit line increases only to those with heavy usage?
quote:

 First time it went from $300 to $500 and second time it went from $500 to $750. 


My capital one card is like that. It was my first card when I had no credit history, so it started with only a 300 dollar limit. I request increases for it, but they are slow jumps. To like 500, 700, etc. Apparently if you start out with a low limit this is what you can expect.

Kind of BS cause even though I got that card first, my other card limits are much higher cause they started me out at a higher limit. But it is what it is.



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hungryone
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Member since Sep 2010
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re: Do some credit card companies give credit line increases only to those with heavy usage?
quote:

We have never come close to $750 (I think the most she's ever charged in a month on it is like $450) but it just makes me laugh that the limit is so low.


Is the card in her name vs yours? Her rating may be significantly lower than yours, thus the paltry increases.


LSUFanHouston
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Member since Jul 2009
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re: Do some credit card companies give credit line increases only to those with heavy usage?
quote:

Is the card in her name vs yours? Her rating may be significantly lower than yours, thus the paltry increases.


The JCP, Kohls, and Chase are in her name, the Lowes, Home Depot, and Bank of America are in my name. I am an authorized user on Chase and JCP. We both use the Chase card a good but, I rarely use the JCP Card. She is an authorized user on the Home Dept card, but never uses it. The BoA I use only for work expenses.

Our credit scores are pretty much always within 10 points of each other - generally in the 780 to 790 range.


NATidefan
Alabama Fan
Two hours North of Birmingham
Member since Dec 2008
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re: Do some credit card companies give credit line increases only to those with heavy usage?
Did she get it when her score was much lower? Are you sure her score is still that high?


Lawyered
Ole Miss Fan
The Sip
Member since Oct 2016
4985 posts
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re: Do some credit card companies give credit line increases only to those with heavy usage?
Applied for a chase card a few weeks ago..

Opening credit limit of $25,000

I’ve been a discover user for 4 years now... started at like $ 8,000 I believe and just recently applied for a credit increase and they gave me up to $13,000

I never put more than $3,000 on discover and pay entirety each month

Credit score of 815 give or take


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NATidefan
Alabama Fan
Two hours North of Birmingham
Member since Dec 2008
29403 posts
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re: Do some credit card companies give credit line increases only to those with heavy usage?
I started at 3500 on discover with a score of around 700 when first building my credit and within two years had it up to 22000 by requesting every six months.

I always keep my utilization low and always pay on time.
This post was edited on 8/13 at 6:47 pm


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LSUFanHouston
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re: Do some credit card companies give credit line increases only to those with heavy usage?
quote:

Did she get it when her score was much lower? Are you sure her score is still that high?


When she got it, maybe 30 points lower. I know it's still that high as she just bought a car recently.


NATidefan
Alabama Fan
Two hours North of Birmingham
Member since Dec 2008
29403 posts
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re: Do some credit card companies give credit line increases only to those with heavy usage?
Hmm, outside of if she doesnt use it much and they wont raise it for that reason, I dont know.


LSUFanHouston
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Member since Jul 2009
16585 posts
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re: Do some credit card companies give credit line increases only to those with heavy usage?
quote:

Hmm, outside of if she doesnt use it much and they wont raise it for that reason, I dont know.


That may well be their reason, but it's interesting they follow that line but other banks don't.

I do believe though it's issued by Capital One, and I know that bank can be stingy.

Also, I had read in the past that the highest credit limit they will ever issue is $3,000.


NATidefan
Alabama Fan
Two hours North of Birmingham
Member since Dec 2008
29403 posts
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re: Do some credit card companies give credit line increases only to those with heavy usage?
Yeah, I bet its because its capital one.

Like I mentioned in this thread they started me low and have never got high with them. But I've kept it around cause it was my first and oldest line of credit.

Actually thinking about canceling it, cause its only one year older than my discover. And two years older than my citibank.

And when I tried to get a increase the other night, they told me I was denied cause I didnt use it enough. Well why would I use it a lot if my limit is so fricking low and it gives me less cash back? Gotta keep that utilization down.
This post was edited on 8/14 at 3:20 pm


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birchbayduck
Oregon Fan
Birch Bay, Washington
Member since Jul 2019
371 posts

re: Do some credit card companies give credit line increases only to those with heavy usage?
When I got my Capital One card, it was at 4K, i asked and was appoved for a 3K increase in 5 months, and then to 13K a year in. Year 2 it went to 18K and now I am at 23K...I paid the bill a month early IN FULL and had charged on it no more than 5% at any one time.


NATidefan
Alabama Fan
Two hours North of Birmingham
Member since Dec 2008
29403 posts
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re: Do some credit card companies give credit line increases only to those with heavy usage?
See that's what's happened with my discover and citibank... but capital one started me low I'm sure cause it was my first card and my score was only in the low 600s then... but at this point... I'm tired of that crap.

I've even called them about it and they said if I canceled it and then signed up again I would be approved for a much higher amount.

But at only 1.5% cash back why would I do that???

This post was edited on 8/14 at 7:19 pm


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Jp1LSU
LSU Fan
Key West
Member since Oct 2005
1441 posts

re: Do some credit card companies give credit line increases only to those with heavy usage?
My understanding is that is true and I’ve heard you have to borrow a bit each month as well


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