How generous are M&S with Credit Limits?

falcon21

Does anyone know how generous the M&S Card is with credit limits? (I guess you'll have to judge this in relation to the card limits on your other cards...)

I normally get around £10,000 after I've asked them to match my highest existing limit. Has anyone succesfully got M&S to match their highest limit?

And does anyone know if M&S have a mximum limit?

I'm just trying to decide which card to bag next....

DebtEverest

I've just phoned them asked them to up my limit.

My limit was 5000 and I asked for 7000 - but they would only increase it to 6500. I was also cheeky enough to ask them for a 0% BT deal at the same time!
I got 6 months 0% with no fees.

The m&s person asked me the usual questions about income, homeowner etc too, dont know if that had any bearing. I have had an m&s card for a good 5 years now - including their old chargecard.

However, I also have a mbna card with a 7K limit and egg with 15K!

HTH

Grumpy_Old_Duffer

falcon21 wrote:

Does anyone know how generous the M&S Card is with credit limits? (I guess you'll have to judge this in relation to the card limits on your other cards...)

Not very generous .... they are the lowest Credit Limit of all the cards I have, the next lowest being 50% greater the M&S.

duputydugg

My new M&S card just arrived this morning with a £4500 limit. Average for a new card holder I guess. Haven't phoned to request an increase yet.

SHAGGY84

I got my limit increased fom 6k to 8k no problem but i did it as soon as the card came.

lou_martin

My M&S card limit started at £5,000 and was eventually increased to £7,000 without me even requesting it.

I have recently taken up their 5.9% for lifetime of balance transfer offer which i presume was for existing customers only?

fishboy_2

My M&S card (9 month internet card) came with credit limit of £6k, phoned to increase but they would only do so if I allowed them to perform a credit check. They said it was due to me being a new customer.

I phoned back a number of days later, and when pushing it they eventually offered me a £1k increase.

Call centre said max limit was £10k (when I asked for £12k).

YorkshireBoy

falcon21 wrote:

Does anyone know how generous the M&S Card is with credit limits? (I guess you'll have to judge this in relation to the card limits on your other cards...)

In Mrs YB's case, extremely generous - her highest limit so far at 60% of salary (despite her already having another 60% shared between her first 2 cards).

colinw

They offered me 5K and would not budge so I cancelled it I could do with a card which will take a 9K BT. Am I being to greedy? , is it a case of just being lucky with Egg, Virgin and Cap One who gave me 10K+ limits.

november

M&S offered me £8K which is the highest start off limit I've ever been offered.

Barclaycard gave me £1.5K (useless as I ended up with split debt I didn't want, and I'm closing this one), Capital gave me about a £3K start off but I now have £6K limit, MBNA I've had for donkey's years (but not for much longer as I'm closing this one too) so can't remember my start off limit but have £10K limit with them now.

I've never actually worked out any logic in what they offer you to start with as it seems to be so variable.

falcon21

Fishboy, is you were a new customer surely they would hvae just credit checked you anyway? Or do M&S not do Credit Checks? ....

Thanks everyone for your replies. Am seriously considering going to an MBNA card - possibly Virgin? Does anyoen know if MBNA still do 12 months on any cards?

Daniel