High limit credit cardholders are really satisfied with their options as they own trust and favor of the issuer. It's impossible to get high credit limit in one day and even year ? it will take you a lot of time and efforts to prove that you are really a conscientious user and worth a credit card deal with a higher limit. So, one day when you achieve this and get an offer from the bank to increase your credit limit becomes one of the happiest days in your life.

However, there are cases when people, offered such a privilege, refuse taking advantage of it. Moreover, even if they do accept it, they sooner or later decide to decrease the limit. Why does it happen? The answers is simple ? for many consumers there's no use having a high credit limit and spend one small part of it.

There are still cardholders who use their credit cards for emergencies only and still they remain valuable customers for any credit card company. Then why do they take such risks and damage their credit score by lowering their credit card limits?

As a matter of fact it's allowed to ask your creditor to lower your credit limit but if you reduce it, your credit history will be damaged. So, if you get high credit limit, it's important to keep it as high as it is.

If a cardholder is aware of credit card debt ratio that is the amount of the outstanding balance in comparison with the limit available, he/she will think twice before reducing credit limit. So, if you wish to have your limit high, try to keep your debt-to-limit ratio within 30%.

If you stick to this rule, it will not only help you to keep your credit score high but will also add a few points to your credit score. But if you lower your credit limit, your debt-to-limit ratio will rise dramatically and it will mean that you have maxed out your plastic.

This information will be included into your credit report and will inevitably damage your credit history. Nevertheless, if you have made the decision to lower your limit, be ready to reduce your expenses.

One more important thing is the creditor's opinion of your request. When a cardholder of the best card like at asks to lower the limit it may imply some financial problems of the consumer. Consequently, the lender estimates it as a potential risk and trust in such a client drops.

Your credit card company has the right not only to lower the limit but increase APR at your low rate credit cards significantly. Eventually, you may face real problems with the bank as if they see that you are inconsistent with your limits they may punish you with worse credit terms.

Thus, it's not reasonable to reduce your credit limit as it's enough to control your credit card spending. If you are afraid of failing it, just put a limit cap to prevent yourself from overspending.

In this case you will not only keep your credit score high but will as well remain on of the most trustworthy customers of the bank.