Reply To: Credit limit initially low, will it improve?

[Jonathans]

tontoro wrote:

Jonathans wrote:

You can sign up to weekly direct debit repayments which generally negates the need for high credit limits.

Not if you want to pay for things with a higher value than your limit…!

True. I started off with around £25k limit before the weekly payoff was offered. I’m now on £100k over 4 or 5 increases and with weekly payoffs an option, I wouldn’t expect it to increase any further.

I think constantly repaying early may not help. If the algorithms spot you have headroom between what your balance is and your credit limit it won’t increase your credit limit. But if you leave the headroom low or virtually nil for a few weeks – yes you’ll stop spending on the card for a while because you have no available credit but the credit limit should then begin to gradually increase.