How high is your available cc limit?

CannyJock

Horses for courses I suppose. The higher the better for stoozing if you ask me

Limits on current and recently closed cards

Virgin Money (MBNA) 15,000
Halifax One 12,250
Natwest (RBS) 10,550
Lloyds TSB Airmiles Duo 10,000
Tesco (Tesco Bank) 10,000
Ulster (RBS) 5,900
Barclaycard 5,000
HSBC 5,000
Mint (RBS) 3,300
Egg Money 500
Santander Zero TBC

Barclaycard started about 10K but reduced it after doing a £5K balance transfer (max 0% amount they offer).

Currently forecasting about £2650 after-tax profit this year from these.

tiff

Virgin £11500
Halifax £2300
Egg £4500

We have been bad with cards in the past, that is the reason why I have never tried stoozing. I am not organised enough. I will def keep the cards we have and go for new deals as and when we need them for interest free purchases etc.

We have come a long way in just over a year, I'm now addicted to saving lol

nikki2804

Virgin (MBNA) £2000
HBOS £1900

Virgin will soon be closed so will only have th HBOS one :j

alixia

VIRGIN C. CARD. £2000
AMAZON MASTER CARD £2000

PAYING OFF FULLY EVERY MONTH (DIRECT DEBIT) AND USING ABOUT 10% OF LIMIT. I HAVE CC JUST FOR BUILDING UP A CREDIT HISTORY.:j

brians_daughter

Goodness, some of those 000's are making my eyes water!

I have

cap1 £1000
vanquis £2000
MBNA £5000

i do have balances of them, but they get paid in full usually - unexpected car trouble and a new boiler have just forced me to put £1400 on one of them, but will pay off asap

karatedragon

I have £0 as I have no credit cards. I do have a Debit Card though.

paranoidandroid

MBNA are slashing credit limits!!!

I have two MBNA cards and my wife has one. I opted for the new Amazon card as it gives Amazon points that I could use; not knowing that it is an MBNA card. Being honest about my income being slashed by the BOE (6% down to 2%) I found that MBNA slashed my other cards credit limits from £16,500 & £8,700 respectively down to £2,500 each.

When I complained they said that, as my earnings from interest is now only £25k pa when previously it was nearer £75k pa, I was not so credit worthy. Cheek of it! I never owe them anything!!! I always pay off the cards monthly!!! This in comparison to those who owe lots and run up huge other debts that I and other frugal people like me are now paying for in reduced interest rates.

Then my wife receives a letter advising her limit is reduced from £8,700 to £2,000. “Dear Mrs xxx” it says, “we have tried to contact you over this matter to no avail” – they never tried whatsoever!

MBNA say they are reviewing all credit limits and adjusting accordingly but unbelievably I still get the regular letters encouraging me to have lots of lovely debt with them – just use the cheques!!!

So MBNA are adding insult to injury and I am taking my business elsewhere as it is so important to have a high credit limit for emergencies.

catflea

As far as I am aware the highest credit card limit that is commercially available (but if of course dependant on status) is 100k :eek:

Thats the Amex Red BTW

JA1000

paranoidandroid wrote: »

MBNA are slashing credit limits!!!

I have two MBNA cards and my wife has one. I opted for the new Amazon card as it gives Amazon points that I could use; not knowing that it is an MBNA card. Being honest about my income being slashed by the BOE (6% down to 2%) I found that MBNA slashed my other cards credit limits from £16,500 & £8,700 respectively down to £2,500 each.

When I complained they said that, as my earnings from interest is now only £25k pa when previously it was nearer £75k pa, I was not so credit worthy. Cheek of it! I never owe them anything!!! I always pay off the cards monthly!!! This in comparison to those who owe lots and run up huge other debts that I and other frugal people like me are now paying for in reduced interest rates.

Then my wife receives a letter advising her limit is reduced from £8,700 to £2,000. “Dear Mrs xxx” it says, “we have tried to contact you over this matter to no avail” – they never tried whatsoever!

MBNA say they are reviewing all credit limits and adjusting accordingly but unbelievably I still get the regular letters encouraging me to have lots of lovely debt with them – just use the cheques!!!

So MBNA are adding insult to injury and I am taking my business elsewhere as it is so important to have a high credit limit for emergencies.

They have done the same to me and it has totally p*ssed me off. Just as my credit score was improving due to proportion of outstading debt, bang up it goes again. I can understand if monthly payments were being missed but I haven't missed a thing.

immoral_angeluk

Any wrote: »

I believe cards are great back up and every person should have one. But only if you use them as back up and don't count "need for a new pair shoes" as an emergency:rotfl:

the need for knee high boots is ALWAYS an emergency