Vanquis

kerry87_2

Hi,

I have a vanquis credit card due to me re-building ny credit and I have been paying minimum payment the last two months, I have had the card about 3-4 months which I am hoping to clear the balance next month limit is £250.

In regards to them upping the limit, when does this usually happen and do they only up the limit if you have been paying in full?

I don't necessarily need an increase but wanted to ask the question.

TIA

[Deleted User]

I believe clearing in full is more likely to lead to an increase.

If you can't pay in full, pay as much as you can, rather than just the minimum. This isn't a card you should be carrying a balance on.

SeduLOUs

Yes, if you've been close to limit and only making minimum payments then you are unlikely to get an increase (and the interest costs of this are ridiculous).

Agree with above. Try to clear in full, or at least the majority of it.

ColoredSands

To me it seems quite random, I have had a Vanquis for about 14 months with no increase, my limit is £250. I use regularly and pay off in full.