This is an increment of credit amount so that card holder has access to a larger sum of money. The increase can be done after 6 month card use in two possible ways. The first is bank itself increase credit limit as sees that card is in regular and proper use. Second: card holder asks for a higher credit limit by calling or filling special form.
Glossary Terms: Credit Limit Increase
ADVERTISING DISCLOSURE
ADVERTISING DISCLOSURE:
Credit-Land.com is an independent, advertising-supported web site.
Credit-Land.com receives compensation from most credit card issuers whose offers appear on our site.
Compensation from our advertising partners impacts how and where their products appear on our site,
including, for example, the order in which they may appear within review lists.
Credit-Land.com has not reviewed all available credit card offers in the marketplace.
Credit Limit Increase
Add to Favorites:
Email you:
Related Terms
Application Processing Fee
A one-time upfront fee that is charged by a bank or issuer of credit cards to your bank account when you submit your application for a…
A global payments technology company, which provides consumers, businesses, financial institutions, and governments with access to the…
MasterCard
A credit card issuing network that is accepted worldwide, MasterCard partners with banks to issue credit cards, debit cards, and prepaid…
Some credit cards come with an “instant decision” – that is, they allow a customer to apply online, filling in all relevant…
Our Experts about Credit History
LATEST NEWS:
More news
LATEST FAQS:
Are there any extra fees for shopping with crypto card like Coinbase Card? I heard that Clear Value credit card is a low interest card. I want it but can't find info about bonuses. Does Clear Value offer a bonus? I was offered to apply for Stoneberry credit while shopping online there. I didn't like that I can use that only at Stoneberry. Are there any credit cards that can be used anywhere if I don't have perfect credit. More FAQs
Get the latest news, articles and expert advice delivered to your inbox. It's FREE.
Enter your e-mail address to subscribe to the latest CreditLand news, articles, and expert advice for FREE.
CreditLand will never share your e-mail address with any third parties.
You may unsubscribe at any moment by simply clicking the Unsubscribe link in any of CreditLand's newsletters.
CreditLand will never share your e-mail address with any third parties.
You may unsubscribe at any moment by simply clicking the Unsubscribe link in any of CreditLand's newsletters.
Search Terms by:
Type the term you want to find:
Choose Terms Category:
- Interest Rates & Fees (28 Terms)
Last Update: July 11, 2016 - Credit Card Basics (10 Terms)
Last Update: September 25, 2013 - Reward Program (8 Terms)
Last Update: September 25, 2013 - Credit History (7 Terms)
Last Update: September 25, 2013 - Using Credit Card (5 Terms)
Last Update: September 25, 2013 - Card Types (4 Terms)
Last Update: September 25, 2013
Build Your History from Scratch with Credit Cards
May 21, 2015