On one fine day, I received a call from Yesbank credit card department saying that I’ve consumed more than 80% of my credit card limit and that I can opt for a temporary limit enhancement if I wish to. Though I’m fine with my existing limit, I agreed for a temporary limit enhancement, so I get some cushion… Read More »
Yes, you read that correctly, i was approved for just Rs.1000 extra credit limit. American Express is one of the well known companies that can double your credit limit on decent spend. In fact, even my credit limit was doubled on my previous request, which was after 6 months of card setup date. However, I wasn’t so lucky… Read More »
If you’ve applied for a new credit card, you would have probably got a low credit limit initially. But as soon as you start using your card and repaying on time, banks will have an idea as how much you spend and how much credit limit you can handle. So banks review & increase the limits every few… Read More »