The Points Mom

Ask For A Small Credit Limit

UnknownIf your credit application is not approved immediately and they ask you to wait or to call, consider asking for a very small credit limit.  After all, many times you are only getting the card to meet the minimum spend to get the sign-up bonus, so why do you need a large credit limit anyway?

I remember awhile back I wanted a Citi card but they would only extend me a $1,000 credit limit.  The minimum spend to get the bonus was $3,000 in 3 months.  I literally had to charge $1,000 3 times and pay the bill in advance just so I was able to meet the minimum spend in the 3 month period.  A little annoying, but I got the bonus and then it was worth it!