Credit card Balance = £400, if i pay £600, will the extra £200 be saved as credit?

gemmaking

I have a credit card with a limit of £900

The balance on it is £400

If i pay £600, will the extra £200 be saved on the credit card as credit?
= Making my Available amount £1100

(£400 + £600 =£1000)


and i will be able to use this 'extra £200' it in the future? or will it be Unaccessable?


Why will i transfer an excess of £200? because in some weeks I will be purchasing some goods worth alot, and I want to have some extra on my credit card, as I want to use my credit card for the details.

PNPSUKNET

read you cards t&c's

kilasuit

also check your maths as i make that £1100

ie you have a balance of -£400

you wish to pay +£600

which would leave you £200 above your available credit = £1100 (£900 is available limit + £200 overpayment)

that make sense?

gemmaking

kilasuit wrote: »

also check your maths as i make that £1100

ie you have a balance of -£400

you wish to pay +£600

which would leave you £200 above your available credit = £1100 (£900 is available limit + £200 overpayment)

that make sense?

Oh yea, thats right.

thanks,

How about the main question ?

kilasuit

some cards do allow it but this is in the minority

It would be safer to ask for a limit increase with the provider rather than trying this as most will just send the payment back.

Btw who is your card with?

gemmaking

kilasuit wrote: »

some cards do allow it but this is in the minority

It would be safer to ask for a limit increase with the provider rather than trying this as most will just send the payment back.

Btw who is your card with?

MBNA - which was previously Alliance and Leicester

izools

They could allow you to spend the entire available balance when you put it into credit but this is a breach of the T&C and will be recognised as such, which could lead to future APR increases and / or limit reductions.

As others suggest it may be better to apply for limit increase instead