Can credit card companies see my credit limit?

CreditCardChris · 18 September 2018 at 9:13PM

Hello, when credit card companies perform a credit search on me, can they see how much credit I already have or just the amount of cards I have?

Also are companies likely to accept you if you already have a pretty high limit when you apply? For example if my credit limit is £10,000, they may feel comfortable offering me a card with a limit of £3000 but if my credit limit is only £3000 they may only be comfortable offering me card with £1000 or whatever.

Thanks.

[Deleted User] · 18 September 2018 at 9:23PM

Yes, existing limits are taken into account.

antrobus · 18 September 2018 at 9:33PM

CreditCardChris wrote: »

Hello, when credit card companies perform a credit search on me, can they see how much credit I already have or just the amount of cards I have? ...

Yes. Sign up to the MSE credit club for free, and you can access your Experian credit record and see what they see.

CreditCardChris wrote: »

Also are companies likely to accept you if you already have a pretty high limit when you apply? For example if my credit limit is £10,000, they may feel comfortable offering me a card with a limit of £3000 but if my credit limit is only £3000 they may only be comfortable offering me card with £1000 or whatever.

Depends on the lender. Depends on how much of your limit is used. Depends on lots of things.

tomlee80 · 23 September 2018 at 11:10PM

Yes. The total amount of credit, along with your current credit card balances are also avalible.

Can credit card companies see my credit limit?

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