If you've been working to improve your credit history for the past six to 12 months — and you haven't missed payments on any accounts in that time — then your credit score may be high enough to qualify for
a bigger credit limit.
I just did balance transfer with a low interest rate and
big credit limit.
Making a bigger security deposit likely gives
you a bigger credit limit.
If you've been working to improve your credit history for the past six to 12 months — and you haven't missed payments on any accounts in that time — then your credit score may be high enough to qualify for
a bigger credit limit.
Instead of having
a big credit limit, you have a discreet amount to spend.
If can prove you need
a bigger credit limit, ask for it.
However, closing a card with
a big credit limit when you have outstanding debt could affect your credit utilization ratio.
So if you close a card with
a big credit limit, and open a new card with a small credit limit, your credit score will fall.
According to TransUnion's Ezra Becker, middle - aged cardholders typically carry the largest balances because they usually have
bigger credit limits and more expenses.
My answer would be different if they were among your only cards, or if they had
big credit limits and you carried a balance.