Egg Money Card Credit Limit

clavius_2

After studying the MSE cards and loans section I decided an Egg Money card was the one for me. I applied, was successful & started to use the card this last January. I was after the cashback and intended to follow Martins advice and use the card for absolutely everything, paying off the balance in full each month. Trouble is - my credit limit is less than half my average monthly spend so I have to make at least one extra payment each month as well as the statement balance (paid by direct debit) and this is just plain inconvenient. I applied for a limit increase after six months but was refused even though my Experian score is 990 and I have no other cards or debts at all. Anyone know how Egg decide limits or have any suggestions on how to get mine increased please?

stephane_2

Limit increases are a mystery to us all...if you've been decline for one there is not much you can do and wait for Egg to decide when to give you one. The other option would be to apply for another credit card. If your Equifax file is in good order, why don't you try Creation Credit card from Sygma or try the pre- application check from Barclaycard, they'll tell you if you are eligible for one of their card without doing the full credit search.

Fruit_and_Nut_Case

clavius wrote: »

[...] my Experian score is 990 [...]

For future reference, don't waste your money paying for this score. It is pretty meaningless.