Barclaycard Credit Limit v Others

paulsingleton

Barclaycard 800
MBNA 2500
Capital One No Hassle 5500
Egg 750
Mint 1250

Self Employed, Income Varies Between 8k & 20k

beatthebanks_2

Hi,

At long last got my b/c after waiting three weeks.

The limit they gave me is laughable, I would probably have preffered if they had refused me, my great 12 months @ 0% is limited to 90% of £280!!!!!

What a joke!

1.Income £24k
2.No debt other than 0% cards & mortgage
3.£280
4.MBNA £22k, Lloyds £12.5k, FD £10k, Easymoney £10k, Marbles £6k, Beneficial £6k, Cahoot £8k, Halifax £5k, Egg £8k & Morgan Stanley £3k

Have recently closed citi cards £10K, good credit ratings as all card have been taken out over a number of years, never apply for more than 3 cards a year!

Needless to say will be cutting card up straight away and sending back to barclays! >:( >:( >:(

Galstonian

I can go along with Barclays if all those cards are open. You have almost 4 times your salary in unsecured credit available to you plus a mortgage!

Perhaps you are a responsible borrower but it must be hard for them to tell.

beatthebanks_2

Hi,

That may be the case however a £280 limit is still pitifull, I would have actually preffered a decline.

Barclays are clearly not wanting to give much free money away as looking at previous posts it's not just me who has been given a low limit.

I have actually called Barclaycard to cancel the card anyway.

Regards

beathebanks

scheming_gypsy

1. £26,400 basic
2. Was about 4k, £2300 on MBNA, 1700 on Mint
3. No idea yet but BT'ed the above onto it
4. Till i find out my Barclaycard limit it's Mint on 4k
5. Not on electrol roll