How much is your highest limit on your credit cards?

Kendall80

fred246 wrote: »

The limits just seem bizarre and random.

You're right there. I've had 5 cards in the last 14 months. Ranging from a 1k limit upto a 13k limit despite no change in my personal circumstances. My wife works part-time and like me has a good credit record; tesco offered her a 6.9k limit and me a 2.4k limit.

steevio_uk

Income: £21,000

Card 1: £10,300
Card 2: £11,500
Card 3: £2,000

lisa110rry

I have two credit cards, sort of. I have the Natwest card with the initial limit of £11,050 (odd amount, I think they may have meant to make it £11,500). This represents one quarter of my annual gross salary (more or less). I have never asked for it to be raised and I would only use it for things I want to "guarantee". (Flights, major purchases) In any event it is set to be paid off each month - last payment made was March 2015, gosh I need to use it a bit more. It is not a cash back or low interest card because my major concern is that it should look sufficiently different from my debit card so that I could never take a cash advance on it (poor eyesight).

The other card is one for work, in the company's name. On this I have a limit of £20k, which again is paid off entirely each month. The limit was requested by the MD as business international flights can be expensive. For this card, I must make a proper audit of the statement each month and report to the Accountant so that it can go on our accounts software. I purchase a range of things from IT equipment to flights to bin liners (occasionally).


Incidentally, my MD has a Coutts card, it was declined at a Best Western Hotel in the view of some business associates. He had to phone me to pay his bill over the phone!

selloptape

Applied for my first credit card about 7 years ago with Coop, got offered a 17k limit in spite of only earning 14k at the time! Still a bit angry that I was offered that in spite of being sensible and not accepting it. Just ridiculous.

Earn 23k now and have a card with a 2k limit.

slopemaster

[Deleted User] wrote:

You can do it with just a debit card nowadays, certainly with Europcar anyway.

I travel to the US fairly often, and they are very suspicious of debit cards for some reason

alderpoint

Once upon a time I had a card with a £25k limit.

God only know what they thought I'd spend.

planteria

selloptape wrote: »

...with Coop, got offered a 17k limit in spite of only earning 14k at the time!...

i've never known Co-op Bank to provide a CL so high:silenced:

YorkshireBoy

alderpoint wrote: »

Once upon a time I had a card with a £25k limit.

Virgin have just lifted mine from £24.5K to £25K...a whole £500. Computers do the strangest things!

God only know what they thought I'd spend.

Well if we could get back to the good old days of fee-free money transfers, I'd spend my £25K on a savings account!

planteria

as would i, and there are signs that we are getting back there YB:T

AndyBSG

6.5K Nationwide CC that i've had for just over a year.

My only CC and i've never spent more than a couple of hundred on it and pay in full every month. Only really use it for petrol and the occasional purchase that I want to make sure I have CC protection on.