Today I got a notice from one of my credit card companies that they have raised my credit limit to over $16,000. This is the first time I have had a credit limit cross the five-figure line. We currently carry zero credit card debt, which is probably why they felt the need to “tempt” me with enough credit to charge a car. I didn’t request the increase, and have no plans to use it. Still, it is a 1% rewards card and this could be an option for a large purchase someday. We never want to carry credit card debt again, so it would only make sense for us to save up money first and then pay it off right away.