How often you got credit card limit increase in your existing cards?
26 days left

CREDIT CARD -> Do we get better credit limit increase? - lets see

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Deal Subedar
DEEPANGEORGE

Hello Dimers,

Do we get better credit limit increase? if we deny

I have one doubt, in HDFC and some OTHER POPULAR banks if we deny BAD CREDIT CARD UPGRADE, we will be getting better UPGRADE offers in future, 


similarly what if we deny pre approved credit limit INCREASE and wait more... will we get BETTER credit limit in future in like 6 months or we will lose this opportunity of limit entirely?

Just curious about this:)

Please comment, I am curious to see if anyone denied free preapproved credit limit and got a better credit limit later:)


Happy commenting

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Deal Captain Deal Captain
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I denied SBI credit limit enhancement of 1 Lakh and after a year I got 10K enhancement joy

I had then fought with pay slips and ITR and still could manage only 80K hike.

SBI is the worst deal in such matters, take whatever they give, whenever.

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Credit Limit increase does not do a hit on your CIBIL credit score. In fact it reduces the credit utilization ratio of your credit account. So always take it whenever you are offered that. If you apply for a new credit card to get a better credit limit, it will in turn lower your credit score. So credit limit increase of existing card is always beneficial.

Post Emperor Post Emperor
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Dows having a low limit on one omy cards (yesbank with just 40k limit) affect getting a new card with good limit

Deal Subedar Deal Subedar
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dont worry about limit, just keep using it and you will get better cards:) limit dont matter actually its the usage pattern that matters:) 

because if you use more with considerable good way, then your existing limit will increase by preapproved offer
Deal Captain Deal Captain
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I denied SBI credit limit enhancement of 1 Lakh and after a year I got 10K enhancement joy

I had then fought with pay slips and ITR and still could manage only 80K hike.

SBI is the worst deal in such matters, take whatever they give, whenever.

Beacon Beacon
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True.

Deal Subedar Deal Subedar
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from the looks of things, it takes an average of 1 year to get credit limit increase for most people smile 

let me wait and watch on how it goes for myself:)


and many dont even get credit limit increase omg

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