Nationwide Credit Card Maximum Limit

VAP_Driver

p3ncilsharpener said:

VAP_Driver said:

p3ncilsharpener said:

VAP_Driver said:

etienneg said:

Of course, how you manage your credit card with NW will have some relevance to how they view you if you apply there for a mortgage. But you say you use a small percentage of your credit limit and pay it off every month, so fine (assuming you have been doing this for some time and there are no late payments, etc.) - you have ticked that box. But what better can you do in managing your NW CC account?

I think p3ncilsharpener just meant there was nothing more to do here, so don't get worked up about it. You will never work out enough about their algorithm to be of any use, and there are many factors other than your NW CC that will have a significant effect. All you can do is look for the obvious. Do you have any other debts (CCs, car finance, HP, expensive phone contracts, etc.)? Income and outgoings clearly matter (number of dependents, etc.). Any history of defaults or late payments is bad. But you're not going to get any further by taking a straw poll of other people's NW credit limits, so relax.

Thanks for posting. I have no concerns that they’ll offer me a remortgage when the fixed rate deal ends in a few months due to my credit profile. But of course, the rate they’ll offer will depend on their assessment of my risk as a creditor. So I’m just looking to plan ahead, and work out how much time effort I might need to explore other options in the wider market, or if I can expect a competitive rate from the easy option of staying with the same provider. Basically, I’m just hoping to be lazy, though I much prefer the term efficient.

I am now off to max out my credit car and overdraft on apples and oranges though, safe in the knowledge this will in no way affect how they will judge me at mortgage time! 😂

Except I didn't say anything about maxing out your credit card did I?

I said that they're entirely different products, with different lending criteria and you can't assume that being offered a high credit card limit means you'll also be offered a large overdraft or a large loan, or even be offered any other product at all.  And I stand by that as, unlike you, I actually have professional experience in this area.

As far as you knowing whether Nationwide's offer is competitive or not, the only way to know that is to do the legwork and "explore the wider market."  There are no shortcuts.

You seem to enjoy slightly inconveniencing a lot of electrons answering a question that wasn’t asked. But this is why I love forums, submitting a post is almost always an adventure, sometimes you get the information you ask for, or sometimes you can occupy yourself for hours reading the tangents that’s people desperately want to go on! A win-win! I think it’s the mix of my amusement and bemusement that’s so appealing. And the content!!! Amazing, It draws me in. The more simple and straightforward the question, the better the rollercoaster, I find.

Thanks, @p3ncilsharpener. I’ve had a lovely afternoon.

I answered the question that was asked, it's just that you, like a lot of people who post on here, came for a specific answer and got all upset when you didn't get it.

In future, just tell us what you want us to say so we can copy and paste it as a response.  Ta.

No problem. It’s easy. It was “Do many Nationwide card holders have a maximum limit above 10k?”.

Though I have had some very good responses from others which, whilst not answering the question, were very useful and interesting and I’m grateful for them and the time they took to post. It’s a public forum and (quite rightly) people can post what they wish, within reason. And the boards would be a lot less useful and interesting if people only stick to the subject strictly in hand, or to the question posed.

The problem with forums and the like us they’re sometimes not very good at communicating emotion. So I’m sorry if I’ve come across as upset, as I tried to explain (and obviously failed), I’m not upset at all by your posts. Quite the opposite, I think they’re brilliant and have been very welcome.

Just not, perhaps, in the way I suspect you intended.

The_Fat_Controller

I have a limit of £11,000

VAP_Driver

The_Fat_Controller said:

I have a limit of £11,000

Thank you for posting, my friend.

eastmidlander

I have a limit of £14,250, if I try to increase the maximum increase shows as £15,000.

northwalesd

Great resurrection of a zombie thread.

Fingerbobs

When applying to increase the limit, it asks what limit I am looking for, and the largest number that field will accept is £15,000. Put in a number larger, and I can't even submit the application form, it just sees it as an invalid value, so that seems to be the maximum that can be requested.

Rosco32

The maximum nationwide offer is £15k. They told me that, and when I applied they gave me £15k.

rogerandersonuk

Rosco32 said:

The maximum nationwide offer is £15k. They told me that, and when I applied they gave me £15k.

Mine is £15,700, not sure how I managed that then! 😄

Rosco32

rogerandersonuk said:

Rosco32 said:

The maximum nationwide offer is £15k. They told me that, and when I applied they gave me £15k.

Mine is £15,700, not sure how I managed that then! 😄

Oh how odd! Maybe they’ve changed it haha.