What's your highest credit card limit?

$35k MBNA World Elite MC

$5500 C1 Costco MC. Not sure we've ever used half of it though. Never had a reason to ask for more.

No limit on AMEX Biz Gold. Lol

34k
BMO

$41k RBC. One of my oldest, they just kept offering to up it. Too bad none of their cards really appeal to me or else I'd actually use it.

Wow, I'm in the bottom 3%. What are you guys buying that you need such a high limit?

Spiritwalker2222 wrote: ↑ Wow, I'm in the bottom 3%. What are you guys buying that you need such a high limit?

Lolz.

Many of us have cards for over a decade and the bank keeps increasing CL.

I have shy of $30k between two MBNA cards combined (can move CL between the cards any time).

Got $20k between two TD cards combined. Unfortunately, can't move CL between TD and MBNA (although they should add that feature down the road).

I don't have CC's with anyone else for now.

Not sure if I clicked the right one....I clicked the 20K to 30K, could have clicked 30K to 50K?

Obviously mine is 30K exactly. (actually, $30,000.05 cuz somehow I overpaid...)

Amex SPG 35k, the card that I will keep forever.

C1 GOLD-$1000
BMO Preferred Rate-$2500
CT Options-$3500
RBC CashBack MC-$1000
CIBC Dividend Platinum Visa-$
Scotia Momentum Visa-$2000

Way far back when I first started credit I had $10500 RBC Preferred Visa, $5000 MBNA Melaleuca PP & $2500 TD GM Visa.

20k RBC Low Rate Visa

EdisonL299 wrote: ↑ Amex SPG 35k, the card that I will keep forever.

Hmm curious, is it just for the high CL? No annual benefits really to speak of... or do you travel/spend enough to make use of the SPG Gold / free weekend night?

sports1 wrote: ↑ Hmm curious, is it just for the high CL? No annual benefits really to speak of... or do you travel/spend enough to make use of the SPG Gold / free weekend night?

Amex SPG is my main card, so it easily reaches 40k a year. Yup, SPG Gold + free weekend night. Plus, you earn at least 1 SPG point per $ spent. I value it at 4 cents each, so it equals to 4% back on everything. Which card can give me this kind of RICH return? None.

Well worth the $120 annual fee.

EdisonL299 wrote: ↑ Amex SPG is my main card, so it easily reaches 40k a year. Yup, SPG Gold + free weekend night. Plus, you earn at least 1 SPG point per $ spent. I value it at 4 cents each, so it equals to 4% back on everything. Which card can give me this kind of RICH return? None.

Well worth the $120 annual fee.

Interesting! Do they allow credit type switch or I have to do new app?

EdisonL299 wrote: ↑ Amex SPG is my main card, so it easily reaches 40k a year. Yup, SPG Gold + free weekend night. Plus, you earn at least 1 SPG point per $ spent. I value it at 4 cents each, so it equals to 4% back on everything. Which card can give me this kind of RICH return? None.

Well worth the $120 annual fee.

Hm, interesting... how do you use the points for you to determine a value of 4cpp?

barmadrid wrote: ↑ Interesting! Do they allow credit type switch or I have to do new app?

I believe you need to submit new app. Good thing is you will get welcome bonus.

sports1 wrote: ↑ Hm, interesting... how do you use the points for you to determine a value of 4cpp?

I use the points for hotels as I have never transferred to other programs. A quick example: New York, July 23-29, 2 adults, you can get one night at a category-2 hotel as low as 3666 points (186 USD after tax). That is a solid 6%+ return.

The rule of SPG is to redeem when it rate is good, and you need to define what the definition of 'good' is. It's as simple as that.

10-20k

I'm guessing a lot in the bracket are like me, and when they receive notice they are approved for more on top of that, they question "but why?".

I just can't play out a scenario where I need more. Biggest expense so far on a CC was $7000 down-payment for a vehicle so that I could rack up 7000 points. Then paid CC bill as soon as they would let me.

tehwegz wrote: ↑ 10-20k

I'm guessing a lot in the bracket are like me, and when they receive notice they are approved for more on top of that, they question "but why?".

I just can't play out a scenario where I need more. Biggest expense so far on a CC was $7000 down-payment for a vehicle so that I could rack up 7000 points. Then paid CC bill as soon as I could.

Last year I had 15 friends/relatives coming to visit us from another country and I needed to pay the vacation for them first then they paid me back later. Total cost is above 30k for 20 people. I love high CL because I have ability to earn more rewards.