How Do I Increase My Credit Card Limit?
Looking to boost your spending power or improve your credit profile? Increasing your credit card limit might be one way to do it—but there’s more to it than simply asking for a higher amount. If you have a steady income, a strong repayment history, and a decent credit score, you may be eligible for an increase.
When handled responsibly, a higher limit can give you more flexibility for emergencies or large purchases. It might even improve your credit score by lowering your overall credit utilisation ratio. However, it’s important not to treat it as free money.
If a credit limit …