Rewards Mastercard CLI

I find this odd. My wife and I make a pretty good living between our
two jobs. I have a chase card in MY name only, and based on my
salary, its not that high, (cops need better pay!) Yet, chase keeps
increasing my limit w/o even asking me. They raise it usually every
quarter, and I don't have to say a thing. I think something is
missing from your side of the story.

If you have a FICO over 700, make almost 80K a year regularly and have
a D/R of less than 25%, I find it very hard to believe they will only
give you a $500 credit limit.

To add to that, you would be happy with a tiny increase like $250?!?
That's 0.3% of your yearly income, as you describe it. What good will
that do?
Plus, you are accepting a 20% - or "down a couple points" - interest
rate. That's really high for someone with good credentials. I would
be upset, as my cards are a little above and below 10%.

I think you are leaving out a big part of the story somewhere.

If you are going to play with snakes, you are going to eventually get
bit.

I don't think it is possible to start a business letter with the
statement "You know."

It sounds more like the beginning of a conversation between two
cheerleaders.

If the card isn't working for you, then go elsewhere. It sounds like
you've already asked, they turned you down... so why continue to beg
them?

If your financial situation is good, then you should have no problem
getting a card with a much higher limit.

If you DO have some financial problems (I saw someone say that you may
have), then understandably it may be hard to get a card. Especially
these days. Credit for risky people just isn't available like it once
was.

Given that you have a $78K income, I have to wonder why the interest
rate matters to you. Someone with an income like that can't be
hurting for money, such that they need to carry a balance. Especially
on a $500 limit card. Unless you have some crazy high expenses
(caring for a sick relative), you should be able to pay off the full
$500 without a problem. Certainly, someone who bought a 2008 SUV
isn't something with high expenses. A purchase like would mean that
you had money to spare.

You have poor credit. At least, according to the letters you have
written here asking companies such as Verizon Wireless and American
General to clear the negative info from your report.

Credit grantors want long-term info that shows a pattern. They dont
care if you paid your bills on time last month, or even the last six
months, as much as they care about how you have paid your bills over
the last 2-10 years, depending on what you are applying for.

Based on the way you chose to write a business letter (slang and
inappropraite word choice), I suspect you are still quite young. You
may want to take teh time to fully educate yoruself on credit.

in the hell should they respond to you? This is a business letter,
and the word "hell" has absolultely no place whatsoever here.

Plunk, straight into the trash can.

Your "income to debt ratio is less than 25%"? OK, so if your monthly
income is 78,000/12 = $6,500, that means your monthly debt is at
*least* 4 x 6,500 = $26,000.

Let's see, $6500 in and $26000 out each month. No wonder they won't
increase your limit. I would check your details.

Do you get something special with this card and that's why you want to
keep it? Otherwise, apply for something else and get rid of it.

BTW, you are asking them for something, I don't think you should
include the word hell in your letter.

Have you tried getting on the phone with them for this? You might be
able to get them to come down on the interest rate for you. If not
just go ahead and apply elsewhere, because there are a lot of cards
with lower rates if you do have good credit.

They aren't hurting for money. But you can't just talk the talk, you
have to go get what you want.