What Credit Card Limit, have they given you on your NEW CARD ?

BugsyBrowne

sfax wrote: »

Says someone with 1,000s of posts!:rotfl:

It's useful to get an overview of what other people are getting offered because there are trends over time linked to market conditions. If you don't think it is, simply don't reply to the thread

My hobbies are actually train sets, MSE & building paper planes along with collecting Barbie dolls actually so yes cheers you're right MSE is one of my hobbies.

mandragora_2

melbell wrote: »

Credit is not a god given right, you should be lucky you were allowed credit.

I didn't say it was.

I think I've earned it with: over 28 years of sensible credit card use; paying a mortgage taken out with that building society over 25 years and never missing a payment and now owning our house outright; saving regularly to the point where I have a pretty reasonable chunk (and around 3% of what I was actually asking for as a credit limit) invested with this particular building society in a number of accounts; earning a good (and regular) wage for nearly 30 years and paying it all straight into a current account with them; banking more every month into that account than I was asking for as a credit limit; never once going overdrawn or paying late on anything, ever; setting up a direct debit to pay off in full every month the amount outstanding; having no other loans or debts.

I might be naive, but I think I'm a pretty good bet, credit-wise, and though they'll never earn a lot of money off me in terms of balances not settled, I do know that other banks are available, and my husband was gung-ho for going back to our previous credit card (which had more than the amount requested as a limit), and I know we'd have had no trouble re-activating it.

I do honestly think they were lucky to keep our custom. He was all for closing everything down and looking for another bank or building society. It was me who argued to stay with them, and only, really, because of that thing that banks and building societies rely on - customer loyalty/inertia.

Sorry if I've upset some other MSE'rs. I didn't mean to, and I'm sorry if my reply rankles with you - I'd never have offered these details if I hadn't had two negative remarks, but I do genuinely think that if that's not good enough for a bank/building society credit card, I'm struggling to know what else I could be expected to do. Well, apart from the obvious mistake I admitted to in my first post, and checked the limit agreed in the first place. That's where I slipped up, and I know it. That's my own daft fault, that one, and I've learned.

Stereo

InsideInsurance wrote: »

Capital One - £7,000

The ops manager I spoke to said it was the max for the World card, they suggested going for the Elite card as they could have given a higher limit but I didnt want the annual fee as the card is only a backup for places that Amex isnt accepted

No idea if this is true or if the limit only applies to new applications or for all accounts of this type

I used to work for Capital One, that limit applies to all customers. So you can't get a credit limit increase on there. I remember back in the day when the maximum limit was £25,000... they're long gone now since the recession hit!

alfred64

BugsyBrowne wrote: »

My hobbies are actually train sets, MSE & building paper planes along with collecting Barbie dolls actually so yes cheers you're right MSE is one of my hobbies.

You're giving your enemies plenty of ammunition, Bugsy.