Last week I was planning a major purchase (new living room furniture) that I wanted to put on my rewards credit card in order to earn cash back. The problem? Putting the purchase on my card would place me above that 50% debt-to-available-credit ratio that negatively impacts your FICO score. I was about to call the credit card company and ask them to increase my credit limit when I received a notice in the mail that my credit card company had increased my limit — without my asking! Am I just that lucky? Not at all.
I began thinking about the steps anyone can take to get your credit card company to increase your limit without asking. <
Like anything related to finance (or shopping, or, well, practically anything!), the best frequent flier credit card for one person may not work well for another.