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Barclaycard changing their mind about credit limit increase
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cymruchris said:Barclaycard have a reputation for being quite fickle with their credit limits - it wasn't that long ago that they reduced the limit of thousands of cards without any real explanation. Most likely it's just a rolling change in business appetite for their overall credit limits going up and down, and then applied to groups of end users.It's not something I'd worry about.This reminds me to cancel my barclaycard, still not done it, but its limit is "meh" and now prevents from getting a cash back Amazon card, as the scheme is run by barclays.
Since they did that mass curtail of credit limits some years ago, I had two automated increases, except they didnt happen. Very strange credit card company to be honest, something has happened that has made very risk averse.0
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