pathetic barclaycard limit

samuela66

Hi I applied for the 0% barclaycard, and have two other cards with £7000 on each am in the process of cancelling my m and s one, when barclays came through at £670, thats neither use nor ornament so I havent activated it yet, does anyone know if i call them and ask them to up the limit wll they???? cheers!!

The_Boss

How much do you earn?

samuela66

Hi boss,

I earn £14,000 but am cancelling one of my cards, I only owe £30,000 on my house as well.

rgds
sam

The_Boss

The only reason I can see is that its because you already have your total salary available to you in credit. I'd appeal to them, saying that you are going to cancel one of your cards and you saw this as a replacement for it, but want to make sure you get a good limit before cancelling.

Coveredinbees!!!!

I'm not sure but if they have sent you the card all the searches would have been done already and if you reject the card it will show up on a credit search. You may as well take it anyway.

The_Boss

Coveredinbees!!!! wrote:

I'm not sure but if they have sent you the card all the searches would have been done already and if you reject the card it will show up on a credit search. You may as well take it anyway.

That is correct - might as well make some use of the search and hope the appeal works.

CTT_2

samuela66 wrote:

Hi boss,

I earn £14,000 but am cancelling one of my cards, I only owe £30,000 on my house as well.

rgds
sam

Personally I would consider a salary of 14k as back pocket money and bearing mind your indebtness I think you were lucky even to be offered a line of credit from Barclaycard.

kevin.philips

Personally I would consider a salary of 14k as back pocket money

How ignorant is this...? I'm not sure you have helped answer the question in anyway.

I can also see from some other posts you have made that you have built a decent post count by being somewhat arrogant - how about this - rather than flame people just don't open your mouth.

johnmoney05

CTT wrote:

Personally I would consider a salary of 14k as back pocket money and bearing mind your indebtness I think you were lucky even to be offered a line of credit from Barclaycard.

I earn £700 a month! I have 5 credit cards, each has £3000 limit!!!! Back pocket money....?

samuela66, you should take the card. And you can ask for increase limit after 6 months.

virgin_moneysaver

we have had the same problem, we earn in excess of £25k between us but barclaycard have only given us a limit of £1250, yet our other 2 cards are much higher limits & I religously cancel the cards as they are paid off & we have no other debt other than the mortgage which is £25k owing on a £200,000 house - I think BC have cottoned on to stoozing etc & have become one of the low credit limit offers

virgin_moneysaver

CTT wrote:

Personally I would consider a salary of 14k as back pocket money and bearing mind your indebtness I think you were lucky even to be offered a line of credit from Barclaycard.

do you live in the real world- my husband works 6 days a week for not much more ( & all the fruit & veg we can eat!!)