Amazon Classic Mastercard

[Deleted User]

wiseonesomeofthetime said:

Deleted_User said:

wiseonesomeofthetime said:

My Amazon Classic Mastercard came with a low credit limit of £1,200, which was not a great issue for me as I got it for the free £25 that came with it.

Twelve months later, after using it for small purchases each month (£10 Amazon Top-Up), they upgraded it to the Amazon Platinum Mastercard, so now earning Rewards (voucher cashback).

I would suspect that those who put the majority of their monthly spend on it may have an issue with a low credit limit (until statement pad in full and available credit reinstated), however, it is fine for my use, which is mainly shopping at Amazon, where I get effectively 1.5% cashback (0.25% elsewhere).

Someone getting a low credit limit almost always won't be someone who can afford to spend to the limit anyway so largely moot. I typically spend £400-£600 a month on my cashback card, got the new Lloyds one with £4k limit, replacing my old Halifax one with £6k limit, either way not getting near the limit of spending

My low limit is nothing to do with my ability to pay, as I have more than ample funds.

Probably more to do with the available credit on the four other credit cards I hold, although largely unused as I pay in full each month.

I used the Amazon card this year to pay for car repairs and insurance renewals (for the points), either side of a statement production, and it took me to within £5 of my credit limit, making the card largely unusable until the DD for the car repairs element went through (full amount of that month statement).

So I think lower limits make turnover more difficult, unless you want to make additional payments prior to the DD.

Note: "almost always", not "this applies to everyone universally". Having funds like savings to pay your balance is also moot as the credit check doesn't see that, only your credit file(s) and what you declare as income.

My BT card has £8000+, Halifax card £6k, another £5k+ on one, £3k on another which is a little under my salary and Lloyds gave me another £4k when I asked for £2k, all down to your credit history, salary and risk they judge