A credit card limit is how much you can spend at one time using your credit card. If you would like to extend your credit card limit you can do so by following the guide below.
The first thing you need to do is not rush into extending your credit limit, wait a few months after receiving your credit card to ask your provider to increase your credit limit. Whether you will be accepted for an extended credit limit all depends on your credit score, waiting a few months can help build your credit score which makes it more likely you’ll get accepted for the credit limit increase.
Once you think it’s the right time to ask for an increase in your credit limit you need to find the customer service phone number for your credit card provider, we have listed some main banks below but you can also find other bank numbers on this website. You need to call the customer service department and inquire about increasing your credit limit, the team member will be able to tell you whether or not this would be possible and if so by how much it could be increased. If you are happy with this amount the team member will be able to go through the process of increasing your credit limit with you over the phone.
If you are not accepted for an increase in credit limit make sure you wait another few months before applying again as this may negatively affect your credit score. You can ask your bank on ways you can approve your credit rating enough to allow an increase in credit limit. Make sure you only ask for an increase in credit limit of an a reasonable amount that you know you would be able to pay back as not paying your credit card payment will negatively affect your credit score.