Hey there! Sign in to join this conversationNew here? Join for free

Increasing credit card limit Watch

    • Thread Starter
    Offline

    6
    ReputationRep:
    I had a natwest student credit card with a £500 limit (which I have used once and paid back straight away). I'm now a graduate so I think I'm able to ask for an increase. I basically only want to increase the limit so that I can rent a car on holiday, and the place I am looking to rent from needs £600 available on your credit card.
    My question is whether I should just ask for an increase to £600 or whether I might as well ask for a bit more, just in case I end up using a different company who needs more or something like that? Has anyone asked for an increase from their student credit card and any idea how much I can ask for without being rejected? (I realise that any advice given is not to be taken as gospel and it's my decision etc)
    I do have a good credit rating at the moment, and am earning money.
    • Section Leader
    • Very Important Poster
    • Peer Support Volunteers
    • Clearing and Applications Advisor
    Offline

    21
    ReputationRep:
    (Original post by dandylion1)
    I had a natwest student credit card with a £500 limit (which I have used once and paid back straight away). I'm now a graduate so I think I'm able to ask for an increase. I basically only want to increase the limit so that I can rent a car on holiday, and the place I am looking to rent from needs £600 available on your credit card.
    My question is whether I should just ask for an increase to £600 or whether I might as well ask for a bit more, just in case I end up using a different company who needs more or something like that? Has anyone asked for an increase from their student credit card and any idea how much I can ask for without being rejected? (I realise that any advice given is not to be taken as gospel and it's my decision etc)
    I do have a good credit rating at the moment, and am earning money.
    if you're now working, why not ask for a different type of credit card instead?
    • Thread Starter
    Offline

    6
    ReputationRep:
    (Original post by claireestelle)
    if you're now working, why not ask for a different type of credit card instead?
    Yeah I suppose so, although I thought that asking for a 100-200 increase might be better/quicker than requesting a new credit card.
    Quicker would definitely be a plus as I'm leaving on 6th oct!
    • Section Leader
    • Very Important Poster
    • Peer Support Volunteers
    • Clearing and Applications Advisor
    Offline

    21
    ReputationRep:
    (Original post by dandylion1)
    Yeah I suppose so, although I thought that asking for a 100-200 increase might be better/quicker than requesting a new credit card.
    Quicker would definitely be a plus as I'm leaving on 6th oct!
    they can't tell you for sure without applying but you can call your bank and see what they think the best option is
 
 
 
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • Poll
    How are your GCSEs going so far?
    Useful resources
    How much money do you spend a week?The ultimate guide to tax!Guide to student bank accounts

    Sponsored features:

    Web Legend

    Win a Macbook Air!

    Blog about setting up a website for a chance to win in our Web Legend competition.

    Quick link:

    Unanswered money and finance threads

    Groups associated with this forum:

    View associated groups
  • See more of what you like on The Student Room

    You can personalise what you see on TSR. Tell us a little about yourself to get started.

  • The Student Room, Get Revising and Marked by Teachers are trading names of The Student Room Group Ltd.

    Register Number: 04666380 (England and Wales), VAT No. 806 8067 22 Registered Office: International House, Queens Road, Brighton, BN1 3XE

    Quick reply
    Reputation gems: You get these gems as you gain rep from other members for making good contributions and giving helpful advice.