Comments on: No Pre-Set Spending Limit Credit Card: Is It Bad?

By: Garrett

Garrett — Tue, 06 Nov 2007 12:52:40 +0000

I have both a Alaska Air and Chase card without limits and both do not report a limit on my credit report.

Also, some card companies like Chase don’t report max for any cards, not just unlimited cards.

By: credit card holder

credit card holder — Fri, 18 May 2007 08:26:25 +0000

All that creditors do should never skip your close attention as they do it not without potential profit for themselves. If you receive such a notice and you do want to accept, scrutinize the terms amd charges as they inevitably change...

By: Miss Bee

Miss Bee — Fri, 18 May 2007 04:48:10 +0000

Just called and declined the change. Painless didn’t try to sell me anything maybe because it is 1 am and he sounded like I just woke him up after letting the phone ring 8 times. I didn’t like the idea of the card number changing, I didn’t wanna lose the history.

By: Chris

Chris — Thu, 17 May 2007 22:25:03 +0000

I have a MBNA Visa Signature no-limit credit card. My monthly statements still list a credit limit, though it was not being reported to the credit agencies. All I did was call MBNA and told them to report my credit limit to the 3 reporting agencies, and viola, all done!

All you have to do is call and ask for them to report it.

By: David

David — Thu, 17 May 2007 19:01:08 +0000

I have both a Capital One and Chase card without limits and both do not report a limit on my credit report. They do report the max which I have purposely made very high. My credit score is very high so no limit cards do not always hurt you.

Also, some card companies like Capital One don’t report max for any cards, not just unlimited cards.