How to increase credit card limit? Detailed information about credit card limit increase and credit card limit increase is provided in the following section. Nowadays, the use of credit cards has increased considerably, and there are limit problems . If you are in the middle of a complete shopping or need an urgent spending, your credit card may be low and you may need an upgrade immediately. It is possible to say that our country is at the peaks as the country where credit card usage is most common. According to independent research company, Turkey, 2. European country after Britain using most credit cards. According to recent research also has made an average of 193 million credit cards in Turkey. This figure can be accepted as a clear indicator of how widely the credit card is used in our country. So how does the credit card limit increase? What are the ways to increase your credit card limit? Let’s examine it together.
How to set a credit card limit?
There are many factors in determining the limit of your credit card. Your monthly income comes first. However, the high monthly income does not mean that your card limit will be high. Your credit rating is very important for credit cards just like bank loans. A low credit rating will also affect your credit card limit . Even, and even if your credit rating is lower than a certain level, there is a possibility that the card will not be approved after the application. The credit card limit works in the same way. If you want to increase your credit card limit, you must first make an application.
If your monthly income and debt ratio is sufficient, and your credit rating is equally high, there are no obstacles to increasing your credit card limit if there are no irregularities in your payments. In fact, and even if your credit card’s automatic limit increase feature is enabled, the bank can raise your card limit even without your approval. Credit card automatic limit increase can be turned on and off via customer service. How do I increase my credit card limit? How to increase credit card limit?
Credit Rating; It is a score that is determined according to the payment order by recording the activities of an individual with the banks and financial institutions and the product usage of the individual (credit, credit card etc.). Credit rating is unique. The same score applies for credit card and credit.
How to increase credit card limit?
First of all , there are many options for raising the credit card limit . We will first share these options in a list, and then we will share how to do them in titles. Options are;
- Limits increase by visiting branches,
- Limit increase by calling customer service,
- Increasing limits with internet banking and mobile banking,
- Limit increase by SMS
So how to increase the limit with these options?
Visiting the branches of the bank where you work : You can specify that you want to increase the limit of your credit card. The bank employee creates an application on your behalf and you will probably receive a positive / negative return during the day. Returns are usually made via SMS.
By calling customer service: This option is similar to the above option. You can create a limit increase application by calling customer service. Returns are usually made via SMS.
With Internet and Mobile Banking: With Internet Banking or mobile banking, you can create applications by following the steps of Products -> Applications -> Credit Card -> Credit Card Limit Increase . After you fill in the required information, you can apply by entering the new limit you requested. Returns are usually made via SMS or mobile notification.
By sending SMS: You can create limit increase request by sending SMS in the same way. However, not every bank will apply such transactions. For this reason, you can get information about this subject by logging into the official website of your bank and you can learn which number to send SMS.
You can apply within minutes using the above methods and you can make your credit card limit increase in a very short time. Before you apply, you should also check whether there is an automatic limit defined in your name by following the steps of Products -> Applications -> Application Tracking via internet banking. This allows you to increase your card limit with the pre-defined limit.
How long does credit card limit upgrade take?
As mentioned in our article , this process may vary according to the application channel . The result of this application is directly proportional to the height of your credit rating. If your credit score is high, your application may be terminated within minutes and you may receive a confirmation message. However, in some cases these transactions may also be concluded within 2 working days . If you have any other questions you can ask us in the comments section below.