How to get a Credit Card Max Value

LavenderLamb101

Hi,

As per title I am looking to renovate my new abode with a credit card, what firms offer a big limit and 0%?

ARH_2

In the last couple of months I've gotten 12,000 from Sainsbury's bank and 8,500 from Tesco bank. Both 0% for 26/20 months to allow home renovation, having completed on the purchase in February. 

Looks like the Sainsbury's deal has been cut to 20 months since.

Good luck with the renovation.

D3xt3r5L4b

It’s circumstantial per person. 

MalMonroe

Yeh, it's a personal thing. Go to your credit file and see what offers you can have. They'll usually give you a list and you can then do a soft search. You can even do a soft search on this very site via Experian! Good luck.

Fighter1986

Lloyds Group cards (Lloyds Bank, Bank of Scotland, Halifax, and MBNA) allow you to apply for a specific limit too. If their assessment of your circumstances and credit history gives them confidence you can handle such a limit, they'll give you what you asked for. 

ARH_2

Fighter1986 said:

Lloyds Group cards (Lloyds Bank, Bank of Scotland, Halifax, and MBNA) allow you to apply for a specific limit too. If their assessment of your circumstances and credit history gives them confidence you can handle such a limit, they'll give you what you asked for. 

And what if you over egg it and ask for more than they want to give you? Do you get declined, or do they give you the maximum they had in mind? If the latter then shouldn't you ask for an absurdly high limit in order to get the maximum they'll offer? If the former, it sounds like a difficult decision to ask for what you-think-they-think is reasonable.

dr_adidas01

ARH_2 said:

Fighter1986 said:

Lloyds Group cards (Lloyds Bank, Bank of Scotland, Halifax, and MBNA) allow you to apply for a specific limit too. If their assessment of your circumstances and credit history gives them confidence you can handle such a limit, they'll give you what you asked for. 

And what if you over egg it and ask for more than they want to give you? Do you get declined, or do they give you the maximum they had in mind? If the latter then shouldn't you ask for an absurdly high limit in order to get the maximum they'll offer? If the former, it sounds like a difficult decision to ask for what you-think-they-think is reasonable.

It gives an estimate of what your credit limit will be when you do the eligibility check.  

moneywow1

Just use one of the Lloyds/Halifax/BOS eligibility checkers.(don't bother with MBNA since you only get 0% for purchases made in the first 60 days)

They will tell you your estimated credit limit. If you're approved and it's acceptable, apply for it.

Since you're just looking for the biggest limit possible, make sure you're able to pay it off in 2 years (or whenever the deal ends). If not, be careful and check what the interest rate will be after the 0% period