Credit Limit Raised

rkraus
Quicken Mac Subscription Member ✭✭
My credit limit was raised on an existing Apple CC. I went in to update the limit, which it did. However the new limit is not reflected in the balance on the card? What am I missing? I would prefer not to delete the card and start over as the Apple Card is a manual download/sync.
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Best Answer
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Okay - User Error. I figured it out. Now I can't delete this question.0
Answers
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Okay - User Error. I figured it out. Now I can't delete this question.0
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Raising the credit limit on a credit card account does not impact the Running Balance / Current Balance / Ending Balance ... that shows the amount you actually owe.There should be another field in the register showing something like Credit Remaining, which shows how much more you can borrow (Credit Limit - Balance).Don't worry about deleting a post in the Community. Your question is here to stay, until it eventually is archived by the Moderators. We all like to learn from your questions and the answers that they receive. This may help solve other Quicken users' similar questions.0
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