Credit Card Limit enhancement: Opt in?

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Deal Lieutenant
DealFinder

Received a message eligible for increase in credit limit of ICICI Amazon Pay Card to 10lacs without any charges..
Am not a heavy purchaser using this card, but is it worth to opt for it >>
any cibil benefits having higher limits in cards?
any ideA?

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Deal Subedar Deal Subedar
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Yes, it will help maintain a good cibil when you have to spend a large number.
Its always good to have CC with higher limits.

What was your earlier credit limit?

Deal Lieutenant Deal Lieutenant
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max limit of one of my cards was 6L

Tech Guru Tech Guru
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With increased limits, it will bring down your utilisation ratio, which is a good sign that it shows you are not credit hungry. This is applicable provided you maintain your expenses on this card the usual way.

Deal Legend Deal Legend
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go for it

Deal Lieutenant Deal Lieutenant
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sms sent..received update after 1 minute that request is processed successfully.. sunglasses

Deal Cadet Deal Cadet
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How much you generally spend in a month using that card?

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Deal Lieutenant Deal Lieutenant
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10 – 15K max

Benevolent Benevolent
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6 lakh current and 10 lakh after increase……. dizzy_face dizzy_faceis it really possible to have this much limit ?

message to mujhe bhi aya az card ke liye icici se from 60 to 90k limit ke liye… 

Super Stud Super Stud
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21 second me credit limit double.

Benevolent Benevolent
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I received the message too but I am generally apprehensive of high limits on my credit card due to general possibility of misuse. In case somehow my card gets compromised I might be in deep trouble.

Deal Subedar Deal Subedar
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set transaction limit? wink

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Deal Cadet Deal Cadet
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Always opt in for limit increase as that makes you eligible for higher end cards quicker than normal.

Generous Generous
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I dont understand sbi , they wont increwsee limit on my old simplyclick card but gave me new tata card with double the limit of old

Deal Lieutenant Deal Lieutenant
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no idea on what business model these banks operate on increasing the limits.. rolleyes

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Helpful Helpful
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Always apply for limit increase whenever you get an offer. There is no fear of misuse as all credit cards are 100% protected and the onus is on the credit card company.

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