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  • Nasqueron
    Nasqueron Posts: 10,781 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 2 August 2024 at 10:33AM
    Thanks for all the comments. Things have obviously changed over the years. I can remember when periodically, CC companies automatically increased limits and it was down to the user to object.
    They still do, I had Halifax (empty, occasional spend as oldest card and sometime BT use) and Tesco (BT card) both up by about 20% of existing limit this year and my Barclays has gone from about £5k or so in 2014 ish to £11.5k now. Conversely, Lloyds (main spending card, put thousands through it a year) and M&S / Santander (empty BT cards) plus NatWest (BT card) haven't ever offered

    Sam Vimes' Boots Theory of Socioeconomic Unfairness: 

    People are rich because they spend less money. A poor man buys $10 boots that last a season or two before he's walking in wet shoes and has to buy another pair. A rich man buys $50 boots that are made better and give him 10 years of dry feet. The poor man has spent $100 over those 10 years and still has wet feet.

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