limit rise

northernstar007

ive just opened my email and a suprise credit limit increase from virgin
added an extra 1500 on, my balance is on zero and just transfered a 4500 balance from it to a new card, might aswell accept it even if i wont be using it

eskbanker

Er, thanks for letting us know?

JonVarnas

Can you lend us a tenner?

Lorian

As long as its not a scam email.

retiredbanker1

I did think you had to proactively ask or confirm that you want an increased limit - the days of them putting them on willy-nilly were long gone - due to affordability checks and treating customers fairly and all that tosh.

Nasqueron

retiredbanker1 said:

I did think you had to proactively ask or confirm that you want an increased limit - the days of them putting them on willy-nilly were long gone - due to affordability checks and treating customers fairly and all that tosh.

I have had 3 cards in the last 12 months increase limits - they were offered and were opt-out for the increase otherwise applied automatically - Tesco, Barclays and Halifax

NorwichMan

In the last twelve months, HSBC offered an increase (6.5 to 7.5k) but I had to proactively accept it. Tesco Bank, without me asking, said I was likely to get an increase if I wanted, I then had to request the value I wanted in the app, which was accepted (7.5 to 8.5k).

Barclaycard offered two increases where they were applied automatically after about six weeks unless I opted out (went from 9k to 10.7k).

RBS and Santander - no changes in the limits.