Barclaycard Credit Limit v Others

MSE_Martin

My aim is to build up info on how credit limits on barclaycards new offer compares to other cards and which cards you have found give the best credit limit.

Please can you help be detailing

1. Your rough salary
2. Whether you have current outstanding debts
3. What limit Barclaycard gave you
4. Which card gave you the biggest limit and how much
5. if there are any complications that may skew how relevant this is for others, please note.

Related Links

1. The Barclaycard Article
2. My views on why the credit limits are low

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Margaret_Millne

1. Salary roughly £15k, although I also have sporadic private income, which I do not included in Credit Card Applications.

2. Quite a bit of outstanding debts, although thanks to you all on low interest rates.

3. Initially £1300, but I have transferred £3000 from my (old) Barclaycard Visa to my (new) Barclaycard Mastercard, so it is now £4300.

4. Here are my three highest credit limits:

Egg - £7500
HSBC Gold Mastercard - £7000
Capital One - £6500.

OK, someone else chip in now.

roadrash

In the past I have found Barclays to be pants!! >:(

I am 24 and earn £29,000 a year, I have various cards with different lenders, for example a Citi Gold Card with a £5000 limit, but Barclays would only offer me £250!! CRAZY!!
I do have a few debts, but only the usualy car finance etc, estimated at about £8000.

Needless to say, I closed the account withina few months!! Not impressed Barclay card!!

mgr1970

1- Income 24K.

2- 3 cards+2 barclaycards bal outstanding £3750 + Egg loan £1750.

3- Barclaycard visa £750 barclaycard £1500 never changed.

4- Highest limits:
HSBC Platinum £6k
Egg green £3k
Egg blue £2.5k

5- Income is a gauranteed pension.

System

1. Salary about £42K.
2. Outstanding debt about £12K (for car, at 0%, over 4 years). Mortgage at £80K. At time of application had £6K on 0% card. Unused overdraft (HBOS) of £1K. Available (unused) additional drawdown on mortgage of £32K.
3. Barclaycard gave me £7900 limit.
4. RBS gave me £6900 in December (my first credit card). HBOS offered me £4100 in May with 15.9% after 9 months (didn't take the card, not worth it).
5. Not on electoral roll. Same bank account for years.

System

1. Your rough salary - £23k
2. Whether you have current outstanding debts - mortgage, student loan, pay off cc each month in full
3. What limit Barclaycard gave you - £3.5k
4. Which card gave you the biggest limit and how much - Egg £8k, Circle Rebate £6.5k, just ditched Lloyds gold £5k (after getting Barclaycard)
5. if there are any complications that may skew how relevant this is for others, please note. - none

System

1. Salary - £60K
2. mortgage(50% LTV) £45K of 0% "debt"
3. Barclaycard £6800 (0% LOB offer)
4. MBNA £14K
5. ?

System

My 'salary' is made up of benefits in partner's name. He is longterm unwell and we get around 20K (have child too). I have no debts but also have a Nationwide card with credit limit of £1900, my first credit card which I got last year. Barclaycard have given me a credit limit of 3.5 grand!!
Maybe the credit limits are randomly selected? Perhaps that works just as well for the card provider!

Greg72

Salary 20k

14 credit cards (including 5 platinum, 2 gold) with total of £65,000 limit.

All clear apart from one card with 4k at 0% for 9 months.

Best limit - Halifax Platinum, £8,000

Worst Limit - Citibank, £1,400

Barclaycard Limit - £4,000 - and won't budge higher despite having four year record with them.

Rate_tart?_sticks_and_stones.....

1. Salary roughly £55,000
2. current outstanding debts - at time of application £9500 on Halifax Plat, Car loan £8000, Mortgage £60,000.
3. What limit Barclaycard gave you £10000!!
4. Which card gave you the biggest limit and how much Halifax £11,250. Co-op £11,200, Frizzell £8,600, Tesco £7,500, Mint £5,500. (Frizzell card only used abroad - no foreign exchange 'loading' and BT on return to current 0% card).
5. any complications that may skew how relevant this is for others, please note. BT £5,500 to Mint and £4000 to B/Card (requested before I knew my credit limit). Now awaiting partner's B/card credit limit to be set and may BT from Mint to take advantage of the extra 4 months interest free.

Have been 'tarting' for over 4 years now but planning to use B/Card as interest free loan and make regular equal monthly payments to clear balance. Meantime use new Halifax One card for purchases.

Hope this helps.

I must say as a newbie this is a fantastic site - wish I'd known about it sooner!

DiggingOut

Rate tart, this is off-topic, but don't make "regular equal payments to barclaycard to clear balance." At 0%, why pay it off any earlier than you have to? Make regular equal payments to SAVINGS to clear balance, and then clear it at end of 0%. Let their money work for you.