Increase in credit limit denied

Glowhallow · 19 June 2018 at 10:29AM

Hi everyone,

I recently applied for a credit limit increase on my card I've had for 6 months. The current limit is only £500. However, the limit increase has been denied. Do you know why this is? I always pay off my card on time and have never gone over the limit so I'm just a bit puzzled.

Thanks

[Deleted User] · 19 June 2018 at 10:31AM

You've only had the card for 6 months and the card issuer considers you too high risk to extend further credit to at present.

If you use the card sensibly, things will improve over time.

Glowhallow · 19 June 2018 at 10:39AM

Okay thank you

Krisko · 19 June 2018 at 10:54AM

I don't know anything about your credit history, but if there's nothing negative on your report and you got the Amazon card 6 months ago to build your credit, now might be the time to apply for a second card.

I'd try some eligibility checkers.

Increase in credit limit denied

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