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Credit Card Limits
HD840
Posts: 33 Forumite
in Credit cards
CAPITAL ONE - they say they increase limit after 3rd statement and before 4th statement....if I make a payment immediately on receipt of 3rd statement then how long after that will I receive my increase, and what will new limit be (I am currently on £200).
Also does anyone know what BARCLAYCARD INITIAL procedure is for credit limit increases (ie. when and how and how much?).
Also does anyone know what BARCLAYCARD INITIAL procedure is for credit limit increases (ie. when and how and how much?).
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Comments
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My wife has a Cap1 card and was made the same promise. She has had the card for twelve months, paid on time every month, sometimes clearing the balance and others clearing 50% one month then clearing the following month, and her limit has remained the same!Don't lie, thieve, cheat or steal. The Government do not like the competition.
The Lord Giveth and the Government Taketh Away.
I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)0 -
CAPITAL ONE - they say they increase limit after 3rd statement and before 4th statement....if I make a payment immediately on receipt of 3rd statement then how long after that will I receive my increase, and what will new limit be (I am currently on £200).
Also does anyone know what BARCLAYCARD INITIAL procedure is for credit limit increases (ie. when and how and how much?).
Your limit increase will happen when your 4th statement is issued and if your on £200 and have run the card within the T&C your limit will go up to £5000 -
HD840 - barclaycard initial look to increase every 7 months but on a regular basis they will score you any may reduce your limit or limit your cash limit etc
regards
john0 -
bethanyrayne wrote: »Your limit increase will happen when your 4th statement is issued and if your on £200 and have run the card within the T&C your limit will go up to £500
It doesn't. It just stays the same!Don't lie, thieve, cheat or steal. The Government do not like the competition.
The Lord Giveth and the Government Taketh Away.
I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)0 -
inmypocketnottheirs wrote: »It doesn't. It just stays the same!
Give them a ring and see what they've got to say. You can quote the clause from their Ts&Cs about the limit increase after fourth month.0 -
Well i can remember when i was after to increase my credit limit they turn me down every occasion.After that i have decided to go slow.now they increase it first and let me know later.lol.
My mbna lilimit just increased by 300 which i didnt even ask for.great.....:beer::T:j:mad::p:D;):cool::eek::rotfl::A this are the signs of a lunatic.0 -
Also does anyone know what VANQUIS procedure is for credit limit increases (ie. when and how and how much?).0
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Yes it does, stay with in your terms and conditions and they up your limit on your 4th statement, like they say in the increase notification letter "You kept your promise so we have kept ours" and they moved my limit from £200 to £500 and dropped my APR from 34.9% to 30.04%.inmypocketnottheirs wrote: »It doesn't. It just stays the same!Since when has the world of computer software design been about what people want? This is a simple question of evolution. The day is quickly coming when every knee will bow down to a silicon fist, and you will all beg your binary gods for mercy.0 -
Yes it does, stay with in your terms and conditions and they up your limit on your 4th statement, like they say in the increase notification letter "You kept your promise so we have kept ours" and they moved my limit from £200 to £500 and dropped my APR from 34.9% to 30.04%.
Not my wife's experience I am afraid. She kept her part of the bargain and Cap1 didn't!Don't lie, thieve, cheat or steal. The Government do not like the competition.
The Lord Giveth and the Government Taketh Away.
I'm sorry, I don't apologise. That's just the way I am. Homer (Simpson)0 -
Sometimes they wont increase itDELETE ACCOUNT.
NO LONGER WANTED
DELETE ACCOUNT
Due to certain users I no longer wish to use this forum0
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