I have a credit limit of $300, but I am going on vacation and want to increase my limit...
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I have a credit limit of $300, but I am going on vacation and want to increase my limit to $1,000. Can I add the additional $700 on the card to reflect the balance of $1,000? Thanks in advance
Answered on Jun 14, 2013
Updated on Jun 14, 2013
The content is accurate at the time of publication and is subject to change.
If it is a secured credit card, you can increase your credit limit by increasing your security deposit. If it is a general credit card, you may request a credit limit increase. Whether the issuer will increase your limit or not depends on your credit performance. Also, note that most likely you will be charged a fee for this.
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All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products 'Terms & Conditions on the issuing banks' websites.
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