Banks do not lower credit limits unless you created the problem. Banks make money on your purchases in credit. Cutting your credit means less money coming in to them. 50000+ networth is peanuts. You need to get off the credit cards anyway - this bank is doing you a favor. I have a home worth 6 times your networth and credit cards that function in my favor which is paid off when the bill comes in. I don't get reductions, in fact they keep wanting to increase my credit line.