Money Tips: Instead of New Credit Cards, Try Increasing Credit Line on Current Cards

Posted On: October 17, 2006

Guest: Alaskan Assassin
Credit Expert (100+ Posts)
Post subject: Instead of New Credit Cards, Try Increasing Credit Line on Current CardsPosted: Tue Oct 17, 2006 3:08 am

I KNOW SOME CARDS LOOK COOL AND YOU REALLY WANT BUT WHEN YOU TRY FOR THEM AND NOT APROVED KINDA SUCKS I WOULD SAY JUST TRY AND INCREASE THE CREDIT YOU HAVE AND ASK TO HAVE YOUR APR LOWER, YOU HAVE A BETTER CHANCE AT GETTING THOSE THEN YOU DO GETTING MORE CREDIT CARDS, THATS THE WAY IM DOING IT RIGHT NOW.

DO YOU HAVE REWARD CARDS?
DO YOU HAVE FEES ON ANY OF YOUR CARDS AND IS IT REALLY WORTH PAYING THE FEE?
WHAT KIND OF CARDS YOU LOOKING FOR?
_________________
Rich??

Guest: artcubed
Posted: Tue Oct 17, 2006 3:14 am

Yeah, I’ve been trying to increase the limits I have without inquiries, and trying to lower my APRs (I posted in both of those threads)

I have the citi dividend card, which gives me 5%/1% back, got like $125 back so far, so I won’t even come close to the max this year. No fee on that one.

No fees on any of the cards, fees are almost never worth it

Looking for either a charge card with nice rewards or a low-interest rate card to be my balance-carrying card. Amex is good for both of those, hence my desire for an amex (other than them looking cool, and all ) I tend to pay off my balance in full, but sometimes do like to carry a balance for a few months.

Guest: Alaskan Assassin
Credit Expert (100+ Posts)
Posted: Tue Oct 17, 2006 3:20 am

THESE ARE MY CARDS IM GOING TO CLOSE ONE AT A TIME AND KEEP ONLY FIVE, I GOT ALL OF THESE IN JUST 1 YEAR AND 10 MONTHS
AND THATS HOW LONG MY CREDIT HISTORY IS ALSO
THESE ARE THE ONES IM CLOSEING

CAPITALONE $500
BANK OF AMERICA ALASKA AIR CLASIC$6000 (CLOSE)
BANK OF AMERICA ALASKA AIR PLATINUM$6000
AMEX BLUE SKY$3800 (CLOSE)
AMEX BLUE SKY$4700
DISCOVER CARD PLATINUM$5000
JUNIPER TESORO (GAS)CARD$500 (CLOSE)
WALLMART$300 (CLOSE)
SEARS$1200

1 YEAR 10 MONTHS
_________________
Rich??