actually it depends on you. Citibank offer not bad..

Citibank is generous, I have 27k.

It is generous enough..

Pay off everything through internet once get back at home.

So 27k is never used up. Usually only use it for petrol, shopping, hotel booking, etc.

For me, I just have one card now.

Original plan is to reduce to 10k.

However, later decide to keep 27k.

Just to make my credit report looks nice, if future I need to take a house loan.

no cc balance is important.

If you can keep your 27k full, then it will be a big debt. so clear off better..

CC company like to give high credit limit to those users who do not need it..

For us, it is more like a number.

If you use up to that level, you will no longer enjoy the CL increase.

RM80k is a lot. How did you spend it?

Petrol, Shopping, hotel booking, paying bills, not more than RM1k per month.

I got my credit limit increased dramatically when I travelled abroad.
Once I spent about 30k in a month. But that is the story when have chance to go overseas, on business.
That time my CL was just about 5k. So my resort is to use online system to pay it and claim from company immediately every few days.

For every car loan I take now, I have an equivalent saving in FD backing it up.

But house wise, hard to sought equivalent FD, too big for a lifetime. Perhaps using KWSP 2nd account.

I understand the benefit of having higher CL for emergency purpose.
Sometimes you just found that the salary comes late where you need to pay the bills first.

I am not a big spender, so I guess RM27k is just a nice number to me. I used to pay off every night, what for higher credit..

For me, credit limit is just for convenience and emergency; for long term unsettled balance on cc, I think they should just reliaze it is time to pay off, don't forget CC has the higher interest rates of 13.5% - 17.5%.

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Added on January 16, 2010, 12:53 pm80k * 13.5%/12 = you need to pay RM900 interest per month, if you are good payer..

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Added on January 16, 2010, 12:56 pmIf only you are generous to donate RM10.8k to bank per year.

This post has been edited by epalbee3: Jan 16 2010, 12:56 PM

should be LA through singapore airline, or through san francisco..

it is easy to get plat.. provided you have good paying habit and working as a professional.

a lot of credit limit is good; but a lot of money in saving account is even better..

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Added on January 16, 2010, 7:25 pmwhy make yourself so difficult by having so much credit limit. soon or later have to pay back also..

This post has been edited by epalbee3: Jan 16 2010, 07:25 PM