CSR holder here, currently have $12k credit limit should I ask for more for benefits to credit score, have had it over a year

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Posting as :
works at
You are currently posting as works at

Best practice is to request a credit line increase every 6 months for each of your cards

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One of the data points used to define your credit score is your total credit line and the ratio of actual debt vs what you are allowed to borrow. So the higher your total credit line is (across cards), the better.

Increasing the score helps you secure higher loan amounts at lower rates. If you dont plan to borrow money ever, then there is no point of having a really high score.

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I usually request max (20% increase ; 5k increase) and usually get it

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How much of an increase should I request
(Never missed a payment , always pay off statements)

I usually request a 40 or 50% bump on all of my cards every year. Usually get automatically approved for 20% and stick with it.

Most card companies, or at least Amex, have an absolute dollar amount above which they will do a review of your tax transcripts verify income. Not a dealbreaker, but it is kind of a pain. Might want to Google that first.

^BCG1 - Don't they pull your credit?

To add
I don’t actually need the increased limit
I just want to find ways to continually increase my credit score

An existing card issuer pulling your credit for purposes of CLI never counts as a hard pool because you are not seeking a new line

What are benefits of increasing the score? Bank has asked multiple times if I want to increase and I never have

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