This is probably not news to anyone in the forum, but, it's really good to keep those old credit cards open!
I hadn't touched my old card in a while and for fear of having it closed for inactivity, I decided to use it for a small purchase on amazon about 2 weeks back. $7, paid it off right away, no sweat.
So I get a credit alert from Equifax yesterday telling me that my total available credit had been extended by $1,500. Huh? I checked it out and, sure enough, my old card added an additional $1,500 in credit. This puts me under that 10 percent credit utilization ratio I've read about in here numerous times, and was a nice surprise simply for using - and paying off quickly - an old card. (I transferred my balance from this card about 8 months ago.)
Anyway, just wanted to pass this on to other members curious on how to increase their available credit line.