Do you ever get limit increases on your credit cards?

United States
April 1, 2008 8:53pm CST
If you use credit cards, do you ever request credit limit increases? I used to have really bad credit when I was in a bad marriage and finally got divorced. I managed to bring my credit score from a 530 FICO to over 700 now in less than three years. I started small with some gas station credit cards because that was basically all I could get. I tihnk my initial credit limit was $100. I would use $20-30 a month and pay it off at the end of each month, just to build it up. I have a few cards that increase my credit limit automatically every few months. For the ones that don't, I will usually request an increase every year or so. I dont' NEED or use the credit increase, but usually the more credit you have, the better it looks. I understand there are other factors involved, but I think I am doing pretty well now. How about you? How many credit cards do you have, and do you ever request credit limit increases?
1 person likes this
8 responses
@suspenseful (40316)
• Canada
13 May 09
I paid off my HBC Mastercard credit card, but they will not give me an increase. They say when my circumstances change. I guess it is because I am a senior citizen. I did have a little trouble with my CBC visa but that was over ten years ago. So that means that even though I can afford it, I cannot buy that lap top I am looking for. They won't let me.
1 person likes this
• United States
2 Jun 09
Sorry to hear that. Thanks for your response, and Best wishes!
@nice030481 (1108)
• Philippines
2 Apr 08
i have two credit cards, and i want to increse my credit limit even i dont use it all. it is just better to loook for the statement with high credit limit.
1 person likes this
• United States
3 Apr 08
If you are responsible and pay on time with much available credit remaining and want to increase your credit limit, you should try calling them. I am sure they'd be happy to increase your limit.
@Jezebella (1446)
• United States
1 Jun 09
There have been times when I got credit increases on my credit card. I think the more I use it and pay it off it shows I am a good customer so they kind of reward me. I haven't requested it before, I just got it.
1 person likes this
@goldwin65 (937)
• Malaysia
5 Apr 08
Yes, I have a few credit cards too and the credit limit always increase from time to time. I even wrote in to them and in return they told me the increase was due to my prompt payment. I prefer to have low credit limit.
@reejane (294)
• Philippines
2 Apr 08
Yup! I have 2 credit cards and both of them gave me an increase in my credit limit. Most bank companies increase your credit limit if you always pay your credit balances.
@Cuimrhcp (40)
• Argentina
2 Apr 08
thanks God I have no credit card im so happy without it!
1 person likes this
@tezovhemo (361)
5 Apr 08
you will get overdraft wich has to be payed to your outstanding balance
@winterose (39916)
• Canada
4 Apr 08
I don't have any credit, I lost it 30 years ago and I could never get it back. I wish I could do like you did but no one will even extend even 100 to me because now I am disabled and I can't even work.