BMO USD Master Card Credit Limit
I often travel to USA, most of the time I have cash. However, last summer I decided to get CC, which I think better to use and pay it off, helps in good credit rating.
I went to BMO, they asked me to fill up an application and since it was for USD, they said they don't know about the limit and they will let me know on the phone.
Within a day I got a call from Montreal office and I was given 7500 USD credit limit. Now I realize that I don't need that much limit. 2-3 K limit should be enough as it is holding up my credit limit Utilization.
What do I do? Can I call and decrease the limit? Does that affect may credit rating?
I went to BMO, they asked me to fill up an application and since it was for USD, they said they don't know about the limit and they will let me know on the phone.
Within a day I got a call from Montreal office and I was given 7500 USD credit limit. Now I realize that I don't need that much limit. 2-3 K limit should be enough as it is holding up my credit limit Utilization.
What do I do? Can I call and decrease the limit? Does that affect may credit rating?