Maximum Halifax Clarity credit card limit

denow

Have you thought of applying for an AMEX card. Fee free and you'll get 5% initial cashback on these purchases you're going to make. I got one last August and have so far amassed £150 cashback just by using it for ALL my day to day spening.
Money for nothing...

mn92

The maximum credit limit that you can have in any LBG bank is £15,000. That applies for Lloyds, Halifax and Bank of Scotland. If you want more it will need to be reviewed by the underwriters team and you would need a pretty good case to get approved for more than £15,000. I have been getting LBG credit cards for the last 10 years and I have always been given 15,000 on 0% purchases. Obviously the limit acceptance is down to you individual credit file.

Zellah

mn92 said:

The maximum credit limit that you can have in any LBG bank is £15,000. That applies for Lloyds, Halifax and Bank of Scotland. If you want more it will need to be reviewed by the underwriters team and you would need a pretty good case to get approved for more than £15,000. I have been getting LBG credit cards for the last 10 years and I have always been given 15,000 on 0% purchases. Obviously the limit acceptance is down to you individual credit file.

Sorry but that's utter rubbish. I had a limit of £20k on my old Halifax Clarity card a couple of years ago, I was given this online instantly without being referred to any underwriter. However i closed the account when they jacked up the interest rates from 12% to 18%, which was affecting me since I was mainly using the card for overseas cash withdrawals.

I also have a limit of £20k on my MBNA Everyday Visa card (ex Everyday Amex) though it wasn't part of the LBG when I was given this limit a few years ago. Like the Clarity card this also charges no fees on overseas cash withdrawals but has a much lower APR of 7.4% which means i don't have to worry too much about paying off cash withdrawals ASAP. This, along with my Barclaycard Rewards card will be very useful when I travel to Qatar very shortly for work.

leonj

If you have more than one credit card wth halifax then you can move the credit limit between them as well

millsy44

If you have 0 mortgage or rent to pay, earn a decent monthly income plus have no large outgoings to pay the sky is the limit. Always try to keep the spend 30% under the limit or you will find your credit score will drop quite significantly. Never use a credit card in a cash machine for obvious reasons that will kill your credit card. 

crumpet_man

Credit utilisation and credit score should be taken with a pinch of salt.  I regularly use more than 90% of my limit on individual cards and over 50% of my total limit across several cards and my credit score has not fallen.