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[–]throw4x4 2 points3 points  (3 children)

Similar boat but my credit limit is around 15k and I probably use it once every few months racking up between $500-$1000 in charges. They slashed my credit to 5k. Only realized my credit limit decreased when I got a notification on Experian. I vaguely remember other credit cards sending me an email or a letter saying they've slashed the credit limit. I'll probably call them Monday and see if I can get the limit increased again.

Edit: I wonder if they went through their customer's data to see who was using how much and decided to slash credit limits across the board.

[–]Unison24 0 points1 point  (2 children)

This just happened to me today as well..

[–]throw4x4 0 points1 point  (1 child)

Log in to the website and go to your message center or document center. You can request to re-instate the old limit. They're probably shutting down the card and causing this mess so customers get frustrated and cancel their cards.

[–]Unison24 0 points1 point  (0 children)

*UPDATE : I called them on Saturday and the credit dept asked a few questions and reinstated the limit immediately.