Is there any benefit in increasing limit?

in Credit Cards
3 replies 651 views
okigenokigen Forumite
87 Posts
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Hi guys, I have a noob question... So I got my first credit card about 3 months ago and have been using it steadily to build some history. Yesterday Amex sent me a letter offering to increase my credit limit. Is there any benefit in doing so if I don't need more money? Even with their current limit I can only spend about 20%.


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