Is this normal? - NOT that I am complaining!

love_the_messenger

I got my Aqua card on 27th February 2009. My initial credit limit was £350. I just went into online account servicing and notice that they've just raised the credit limit to £850, without notifying me and without me asking. Is this normal for them? I'm quite thrilled actually, lol:j

Innocent_Guy

Yes this is normal for them, normally takes a few more months but hey. Well done

Hermia

That is quite normal, but you do have to keep an eye on them. Goldfish raised my credit card limit to £12,000 which is ridiculous as that is half my gross income for a year!

love_the_messenger

Hermia wrote: »

T. Goldfish raised my credit card limit to £12,000 which is ridiculous as that is half my gross income for a year!

That's kinda crazy. Did you spend a lot on the card?

love_the_messenger

Innocent_Guy wrote: »

Yes this is normal for them, normally takes a few more months but hey. Well done

Thanks.

How high do Aqua go?

Voyager2002

Don't forget that you will have to pay it all back. And the more you borrow, the more interest you will pay. So it is not surprising that they put your limit up as high as they dare: your temptation equals their profit.

love_the_messenger

Voyager2002 wrote: »

Don't forget that you will have to pay it all back. And the more you borrow, the more interest you will pay. So it is not surprising that they put your limit up as high as they dare: your temptation equals their profit.

!!!!!!?

:eek:

never-in-doubt

Hermia wrote: »

That is quite normal, but you do have to keep an eye on them. Goldfish raised my credit card limit to £12,000 which is ridiculous as that is half my gross income for a year!

woah - what a limit - can I have a bit if it's too much for you to handle? LOL :beer:

never-in-doubt

love_the_messenger wrote: »

Thanks.

How high do Aqua go?

aqua tend to stop at £2500 but they have been known to go higher. I guess it depends but tbh you wouldn't want a £10k limit as their apr is way too high to warrant it!

never-in-doubt

Edit - they say initial limit upto £2,200 - http://www.aquacard.co.uk/

http://www.aquacard.co.uk/aqua-card-benefits/

love_the_messenger

never-in-doubt wrote: »

Edit - they say initial limit upto £2,200 - http://www.aquacard.co.uk/

http://www.aquacard.co.uk/aqua-card-benefits/

Initial limit is just what they might give you at the start, doesn't mean they'd stop there once you're established, I'd imagine...