Credit Card Limits for Stoozing - Bench Marks.

Grumpy_Old_Duffer

With many of the 0% BT offers I just thought it would be good to get an idea of which cards give the best Credit Limits .... it's no good going for a card with a £1K limit!!;)
So I thought that the best way to let people know which are the worthwhile cards to go for, showing the Credit Card Limit as a %'age of gross salary (Nearest 5%) would give a decent 'Bench Mark'.

Here's a start:

Virgin offered 15% of gross salary.
Egg offered 25%
Halifax offered 25%



I'm just wondering what the Credit Limits are on that Capital One offer for 0% BT's over 12/15 months. :rolleyes:

It's only an indicator as obviously everyones credit history is different, but it could build up a picture as to which are the best cards.

smartsaver

This benchmark milarky won't really work. It depends on what order you apply for the cards and what 'debt' you already have taht will influence the credit limit. This along with earnings and previous credit history.

dcurzon

original credit with egg was 2900, quick phone call and i have upped it to 9000. about 45% salary.

virgin which is in process (slow...) gave me 5k (25% salary) when i called them to check progress, and they upped to 6k on request.