Can you purposely overpay your credit card to increase credit limit?

ed.h.mary.k

I have a barclaycard travel credit card as i am travelling around abroad for a number of weeks. This credit card offers no charges on oversees cash withdrawals as well as a near perfect exchange rate with no foreign transaction fees, it is therefore cheapest for me to spend money abroad using this card than a standard debit card.
Since the credit limit is £5k, but i may well want to spend more than this over the month on my trip, can i do a debit card payment of say, £2k on to my credit card, when there is a nil balance, essentially raising my credit limit to £7k meaning i can benefit from the better exchange rates?

Thanks in advance

molerat

No. Putting your card into credit will be against the T&Cs and may result in the card being closed. Easiest way would be to FP what you have spent part way through.

gt94sss2

You will find that 'pre-loading' your card like this will be against the T&C - and you then risk Barclaycard blocking your card while you are overseas.

Much better is to spend £2k overseas, then make a payment of £2k to your card while you are still on holiday.. giving you a limit of £5k again.

Also, I would always advice you to take more than one card overseas just in case of any unexpected problems.

[Deleted User]

No - since you're not increasing your credit limit but putting the card into credit.

Which as mentiined above already will be against the terms of use

2ilent8cho

Payments to your Barclaycard normally become available within 2 hours, so just load the app on your phone and make a debt card payment when you get close to the limit or you have spent £2k.