BMI baby card credit limit

capstain411

Hello forum,

I applied for BMIbaby card last week. I applied it online, with capped £75 BT fee.
I received a letter today confirming a credit limit of 3500 pounds.

Now I have a salary of 38k, I have egg card with zero balance & with limit of 4500 pounds, hsbc graduate overdraft of 1000 pounds. I have a graduate loan with HSBC for 6000 of which 5500 is outstanding. I have unblemished credit history.

Now sole purpose of going for bmibaby was to get a credit limit of around 6000 so that I can transfer limit to egg money account and then to hsbc loan ac.

Obviously, I am disappointed in the credit limit which they offered me. I got it touch with them ( I was disappointed my call got transfered to India.....but to my amazement, believe me they were absolutely superb in explaining me their viewpoint on credit limit). After debating with them for more than 40 mins, credit limit was not increased.

Is there anything which I can do to increase the credit limit ? (My understanding is if I appeal against their decision and send them last three months payslips they might reconsider my application. I did ask the customer service and they denied that they could review my payslips and review my limit.)

steve888

capstain411 wrote: »

Hello forum,

I applied for BMIbaby card last week. I applied it online, with capped £75 BT fee.
I received a letter today confirming a credit limit of 3500 pounds.

Now I have a salary of 38k, I have egg card with zero balance & with limit of 4500 pounds, hsbc graduate overdraft of 1000 pounds. I have a graduate loan with HSBC for 6000 of which 5500 is outstanding. I have unblemished credit history.

Now sole purpose of going for bmibaby was to get a credit limit of around 6000 so that I can transfer limit to egg money account and then to hsbc loan ac.

Obviously, I am disappointed in the credit limit which they offered me. I got it touch with them ( I was disappointed my call got transfered to India.....but to my amazement, believe me they were absolutely superb in explaining me their viewpoint on credit limit). After debating with them for more than 40 mins, credit limit was not increased.

Is there anything which I can do to increase the credit limit ? (My understanding is if I appeal against their decision and send them last three months payslips they might reconsider my application. I did ask the customer service and they denied that they could review my payslips and review my limit.)

Heloo Money Savers have you found a similiarty low credit level experince with CITI cards?
I know they are run by HSBC and I alreday have an HSBC card with 6K BT on it and was looking for another card- on a longish 9 months plus timescale

any advice appreciated

steve

YorkshireBoy

steve888 wrote: »

Heloo Money Savers have you found a similiarty low credit level experince with CITI cards?
I know they are run by HSBC and I alreday have an HSBC card with 6K BT on it and was looking for another card- on a longish 9 months plus timescale

Citi are ultimately owned by Citigroup Inc. New York USA, whose latest venture into the UK market was the purchase of Egg Banking a couple of months ago.

There are a couple of Citi card threads on on the stoozing site...

http://www.stoozing.com/cgi-bin/forum/YaBB.pl?board=stcard

steve888

YorkshireBoy wrote: »

Citi are ultimately owned by Citigroup Inc. New York USA, whose latest venture into the UK market was the purchase of Egg Banking a couple of months ago.

There are a couple of Citi card threads on on the stoozing site...

http://www.stoozing.com/cgi-bin/forum/YaBB.pl?board=stcard

thanks yorkshireboy I stand corrected ( I did get the HSBC info direct from their customer services today, and so clearly they arent that well briefed - and I would take your sage like views over theirs anyday!

Steve