We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
BarclayCard & Amex Credit Limits
khakilad
Posts: 58 Forumite
in Credit cards
Just received both my Barclaycard & Amex credit card statements and they have increased my limits. £25k & £37,500 respectively.
My question is this bad for my credit rating having high limits on the cards?
I don't use the Barclaycard ever.
Any advice would be helpful. I've read the guide but it just refers to what % you are using.
My question is this bad for my credit rating having high limits on the cards?
I don't use the Barclaycard ever.
Any advice would be helpful. I've read the guide but it just refers to what % you are using.
0
Comments
-
Another % is (available credit)/(income).
Unless your income £100K+, IMHO it's bad to have that high limits.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.7K Banking & Borrowing
- 253.4K Reduce Debt & Boost Income
- 454K Spending & Discounts
- 244.7K Work, Benefits & Business
- 600.1K Mortgages, Homes & Bills
- 177.3K Life & Family
- 258.4K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards