Sallie Mae doesn't seem to want to grow with me. Anybody else have this problem?

Question

I have had my Sallie Mae card since January. They gave me a startiing limit of $500. I have done a credit limit increase request and was offered $300. I felt insulted so I declined lol. I don't understand why they aren't offering a more reasonable increase. I am below 10% utilization on all my cards with many having a 0 balance. I have no new credit lines, no new inquiries. With the limits I have on other cards, I just don't get it. I am thinking of just closing the card rather than wasting another hard pull. If I am going to do a hard pull, I would rather it be on a new card with someone else. Any opinions or ideas?

Answer 1

bengalikejenga wrote:
fordguy89 wrote:
Barclays is like Chase I've read that they combine limits pretty easily. If you are low inquries try for the nfl. They gave me 5k SL when others gave 1500. I would love to open a Sallie Mae and do this but I burned a lot of inquiries.i think Fordguy is right.... you might be better off opening another Barclays card that you mind like but not really need, and combine the limits to get a good push on your Sallie Mae Credit card.... you profile seems like it could support it. I need to get my mind checked out or something. ^^^^ This kind of stuff seems to really bother me and I can't figure out why. I know one could rationalize it as playing the game....but I am sorry...there aint a person in this world that should have to open another account with the same dang bank, combine limits, strictly for a larger CL. That is ridiculous. This should not have to happen. I would give this crazy card one last hoorah. I would use it for almost everything, pay that sucker off multiple times per week, and do this for 2 months, maybe 3. Then if they wont raise you, then just use it strictly for the rewards and only use it for gas/groceries/amazon. Leave it in your glove box. I get that OP has a limit of 10k with amex and this seems small...that would be very frustrating to me too.  I gotta say tho, I have NEVER been a fan of anything barclay until I discovered their ring. They cap their rewards WAY WAY WAY too low, the card is geared for students and maybe some more frugal spenders. I dunno I get better deals with gas gift cards and my other cards so I don't have a need for it. That ring tho, the ability to go get cash and deal with moving it around later, for a buck, that is crazy awesome! I would try to keep this card a little longer and change it to the ring once your limit is higher. But thats just me.