Comment on Accept credit limit increase offer (from Citi)? Pro: higher limit lower % usage Cons: Too much credit line open?

Accept credit limit increase offer (from Citi)? Pro: higher limit lower % usage Cons: Too much credit line open?

Rating: 1 Posted By: invisible Views: 174 Replies: 5 Citi asks me:"We're thrilled to let you know that you're part of a select group invited to request a revolvingcredit limit increase1on your CitiDividend Card. It's our way of showing you our appreciation for your continued loyalty. -- Respondby10/05/2017 to get an instant response with no effect on your credit score: " Click Here Question: For a normal (??) FWF member in excellent credit standing, isn't it always good to have credit limit increased so that utilized % is lower (even though not revolving) at any time?Or is it bad since total limit increase means less willingness for others to extend more credit in the future (or can one never have too much so moot point) ?Earlier I recall they used to auto increase limit, somehow asking me now....

 

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