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Confusion about my CC limit
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towseriv
Posts: 322 Forumite
I have had for several years a Lloyds TSB credit card. About three weeks ago I ask if I could have a credit limit increase as I was about to make a large purchase (which I would of been able to pay off before I was charged interest, not that I told them that) I was told that my current limit of £3500 was as high as it could be. I then went onto my online account which told me I was pre-approved for a platinum card at a lower APR so I decided to apply for it. The card was sent out to me last week. I looked online today and found that my credit limit on the new card was £5000 plus I still had the old card (I was under the understanding it would be cancelled) So three weeks ago I needed a limit of £4250 for my one off purchase and was told I had as high a limit as possible. I now have available £8500.
How can this be?
How can this be?
0
Comments
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Thats the TSB for you!!!!I am a Forum Ambassador and I support the Forum Team on Mortgage Free Wannabe & Local Money Saving Scotland & Disability Money Matters. If you need any help on those boards, do let me know.Please note that Ambassadors are not moderators. Any post you spot in breach of the Forum Rules should be reported via the report button , or by emailing forumteam@moneysavingexpert.com. All views are my own & not the official line of Money Saving Expert.
Lou~ Debt free Wanabe No 55 DF 03/14.**Credit card debt free 30/06/10~** MFW. Finally mortgage free O2/ 2021****
"A large income is the best recipe for happiness I ever heard of" Jane Austen in Mansfield Park.
***Fall down seven times,stand up eight*** ~~Japanese proverb. ***Keep plodding*** Out of debt, out of danger. ***Be the difference.***
One debt remaining. Home improvement loan.0
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