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new credit card, but low limit

I have applied and got my post office card today with a 0% balance transfer rate for 9 months. but the limit is only 1000.00

How can i get them to increase it?
Make £10 a day challenge March 2013 £101.24 / £240 :j
WSC 10 March - £0 / £5
Debt £17,294 - 7th March

Comments

  • Astaroth
    Astaroth Posts: 5,444 Forumite
    Phone them and ask. Most credit card companies otherwise review it every 6 months.

    They may be able to say why it is so low... it could be that as they have no guarentee that you will be consolidating debt that they see the number of credit lines you have at the moment and simply add this ontop of them rather than considering you will be canceling at least one of them. Also make sure any credit lines you no longer need are actually cancelled and not just dormant.
    All posts made are simply my own opinions and are neither professional advice nor the opinions of my employers
    No Advertising or Links in Signatures by Site Rules - MSE Forum Team 2
  • redballoon_2
    redballoon_2 Posts: 1,555 Forumite
    1,000 Posts Combo Breaker
    ok, thanks!
    Make £10 a day challenge March 2013 £101.24 / £240 :j
    WSC 10 March - £0 / £5
    Debt £17,294 - 7th March
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Special Briefing: Didn’t get the credit limit you want – DON’T ‘screw them!’

    Transfer as much as possible to the PO card and if it was your only one recent application, try applying for some other card. You have nothing to lose.
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