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Credit limit increase?
I currently use my Chase Visa Credit Card for most of my purchases, and have had it since April 2006. The limit is $11,000 and I always pay it off in full every month. I also have a Wells Fargo Visa Credit Card that I received sometime in 2004. I have used it maybe a handful of times since I got the Chase Card. The limit was originally $3,000, but they just upped it to $6,000 for no reason. I checked my credit score maybe 8 months ago and it was 755, so I can only assume it is higher now. Is this good?
My question is, what kind of credit limit do you think I would be eligible for? I’ve spoken with both companies, but they require a credit check to process an application. Are there any companies that would run your credit and tell you what amount you qualify for? Because I’d hate to apply for a certain amount, get denied, and have my credit run. I just want the highest amount possible, is $20,000 or $30,000 unrealistic?
Your credit score is very good, so $20-30,000 is possible. I would recommend applying for a bank of america credit card ( http://www.cardrewards.net/bankofamerica.php ) if you are looking for a high credit limit.
Unfortunately, every lender is different so each lender will give you different credit lines based on their own formulas. But like I said before, bank of america has given my and my friends the highest limits out of all the credit card companies.
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