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!
Increase in credit limit denied
Glowhallow
Posts: 32 Forumite
in Credit cards
Hi everyone,
I recently applied for a credit limit increase on my card I've had for 6 months. The current limit is only £500. However, the limit increase has been denied. Do you know why this is? I always pay off my card on time and have never gone over the limit so I'm just a bit puzzled.
Thanks
I recently applied for a credit limit increase on my card I've had for 6 months. The current limit is only £500. However, the limit increase has been denied. Do you know why this is? I always pay off my card on time and have never gone over the limit so I'm just a bit puzzled.
Thanks
0
Comments
-
You've only had the card for 6 months and the card issuer considers you too high risk to extend further credit to at present.
If you use the card sensibly, things will improve over time.0 -
Okay thank you
0 -
I don't know anything about your credit history, but if there's nothing negative on your report and you got the Amazon card 6 months ago to build your credit, now might be the time to apply for a second card.
I'd try some eligibility checkers.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.2K Spending & Discounts
- 245.1K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 258.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards