This happened at almost around the same time last year as the credit limit on my credit card was bumped up for some reason. Last year it went up by $2500 and just recently it looks like my limit was bumped up by about $3500 making my total limit for this credit card $11,700.
Iâ€™m just trying to think when in the world would I ever need to use that much credit on a personal credit card? People must be shopping for like cars or something along that nature. As usual, I guess itâ€™s the flexibility of having it available. The only other thing I can think of where it would benefit me is that it will help my credit usage to my credit limit ratio which should help my credit score in the long run.