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Barclaycard have increased my limit.

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Comments

  • ILW
    ILW Posts: 18,333 Forumite
    Are you boasting or complaining.

    Neither, just wondering what the point was.
  • Rupert_Bear
    Rupert_Bear Posts: 1,328 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 4 June 2011 at 5:06PM
    ILW wrote: »
    Neither, just wondering what the point was.

    For information purposes.

    I received my post a few hours ago and I too received a letter from BC advising they will give me BT rate of zero percent for 18 month. Also will increase my limit to £10k.
  • LovelyLeeds
    LovelyLeeds Posts: 584 Forumite
    Part of the Furniture 500 Posts Photogenic Combo Breaker
    If your balance is around £300 and has been about that for years then why don't you contact Barclaycard and request say, a £1000 limit? That would/could reduce your available credit which may help if applying for another card, loan etc.. It seems pointless "wasting" an excess of £11000+ for a limit you don't use.
    Surely if the poster has available credit already granted, it would be daft to have it decreased, and then at a later date ask another company for this amount and risk being turned down for no end of unfathomable/fathomable reasons? I'd leave as is.
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