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Ways to Help Increase Credit Limit

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Is there anything I can do to help the chances of increasing my credit limit?

I used my card once or twice, then stopped using it apart from sub£10 transactions.
The bank didn't take a payment one month so I ended up calling them up after I had another bill and they cleared it all off.
However they said the limit had been reduced to just £500 and they couldn't change it for 6 months.

If I spend on the card and it gets paid off in full, will that help my chances?

Thanks

Comments

  • The_Boss
    The_Boss Posts: 5,858 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    What do you mean by 'the bank didn't take a payment one month'?

    I assume you missed a payment and the bank want to see you stick to your terms snd conditions for 6 months before allowing you more credit. So paying in full would not necessarily help speed this up.
  • anotheruser
    anotheruser Posts: 3,485 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper I've been Money Tipped!
    I had a DD which wasn't collected for that month - it appeared to simply disappear from their system, despite previous months being paid off in full.
  • iAMaLONDONER
    iAMaLONDONER Posts: 1,669 Forumite
    I had a DD which wasn't collected for that month - it appeared to simply disappear from their system, despite previous months being paid off in full.

    That's a bizarre occurrence -that's a hazard that I'll be aware of if I ever use DD to pay my CC
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