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  • FIRST POST
    • Fireflyaway
    • By Fireflyaway 3rd Oct 17, 12:58 PM
    • 1,355Posts
    • 1,375Thanks
    Fireflyaway
    Tesco increases
    • #1
    • 3rd Oct 17, 12:58 PM
    Tesco increases 3rd Oct 17 at 12:58 PM
    I've had a Tesco card for a few months to try and boost my credit score. However the small limit of £250 is listed as a negative on my clearscore account.
    Recently Tesco wrote to say they will increase my limit in a few weeks time. However the small print said they might not!
    Anyone know how fast I might work up to a decent limit? Also my new job is better paid, would that impact it?
Page 1
    • zx81
    • By zx81 3rd Oct 17, 1:01 PM
    • 14,393 Posts
    • 15,184 Thanks
    zx81
    • #2
    • 3rd Oct 17, 1:01 PM
    • #2
    • 3rd Oct 17, 1:01 PM
    They are unlikely to ask you for revised income.

    Don't worry about the CRA considering it a negative. It's much better than no limit and it won't overly concern lenders.
    • cjv
    • By cjv 5th Oct 17, 7:58 PM
    • 106 Posts
    • 57 Thanks
    cjv
    • #3
    • 5th Oct 17, 7:58 PM
    • #3
    • 5th Oct 17, 7:58 PM
    Tesco Foundation card? If so I had mine for 6 months before they increased my limit to £600.

    After the increase I applied for another card with Tesco (you can have 2), the new card gave me a £2800 limit. I rang up and closed the foundation card and requested they transfer the credit limit onto the new card.

    The result was a nice 0% purchase card with a £3400 limit.

    Being accepted for another card will of course depend on your credit history, but good luck if you give it a try.
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