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Best % of limit for credit limit increases
 
            
                
                    js78                
                
                    Posts: 153 Forumite                
            
                        
                
                                    
                                  in Credit cards             
            
                    what is the best % which promotes the largest credit limit increases?
i have capital one 34% interest, vanquis, aqua and flybee.
20-30%?
if so do you just set up direct debit every month for the min payment then 6mths later how much should it go up?
Aqua £350 limit
Capital £200
Vanquis £250
Flybe £1000
How long do you recommend keeping these accounts open for credit scoring increase
                i have capital one 34% interest, vanquis, aqua and flybee.
20-30%?
if so do you just set up direct debit every month for the min payment then 6mths later how much should it go up?
Aqua £350 limit
Capital £200
Vanquis £250
Flybe £1000
How long do you recommend keeping these accounts open for credit scoring increase
JS Name: Freemans £94/£200, Jacamo £941/£1400, Santander account £0/£0 Limit, 3 network 18mthx£20, Vanquis £233/£250, Vodafone 24mthx£35, Great Universal £500/£600, Littlewoods £500/£600, Marshall Ward £250/£300, Halifax Reward £93/£100 o/d, Studio £44/£250, Flybe £1450/£1500, Accessory £450/£520.
0        
            Comments
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            hi cap1 will automatically increase on ur 4th statement.
 if i was you, i would keep my debt to credit ratio no more than 70%
 and run these accounts for at least 12 months and move to main stream.
 hope this helps as thats how i boosted my credit file0
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