Barclay Card Credit Limit Increase

wmat983

Hi guys I have received a new Barclaycard with a limit of only £800, I shifted as much debt from another card onto this one (0% 18 months).

I was wondering what are the chances of being successful applying for credit limit increase within first 60 days. I say 60 days because I think that was the amount of time I have to do balance transfers with promotional rate?

[Deleted User]

Somewhere between minimal and none.

But you could ask - you may get lucky.

jester212

As zx81 said. I would say almost certainly 99.9% no chance. I have been with Barclaycard for over 6 years and all my increases have came from them with at least 6 month intervals and providing you've managed your account and other credit accounts responsibly. My guess is you'll need to wait at least 6 months and even then its not guaranteed.

Good luck.

wmat983

jester212 wrote: »

As zx81 said. I would say almost certainly 99.9% no chance. I have been with Barclaycard for over 6 years and all my increases have came from them with at least 6 month intervals and providing you've managed your account and other credit accounts responsibly. My guess is you'll need to wait at least 6 months and even then its not guaranteed.

Good luck.

OK thanks, does it do any hard requesting one? They don't do another credit search etc?

jester212

welshmatt983 wrote: »

OK thanks, does it do any hard requesting one? They don't do another credit search etc?

To my knowledge they do not conduct a hard search it's more an internal thing that i guess takes into consideration your account activity and standing along with any other external commitments, don't quote me on this though. You can try and i guess you'll get the generic answer of we cannot raise your limit due to the account being new or you cant raise as you need to wait 6/12 months etc.

[Deleted User]

I believe BC only allow you to request limit increases once every 3 or 6 months.

Mine is currently 3 months

MDW

6 months minimum.

[Deleted User]

Barclay card doesn’t tend to offer credit limits easily as far as I’m aware, and definitely not in 60 days, 6-12 months is more likely, also it looks bad if your requesting to lend more that soon.