You own a credit card such a Visa or a Mastercard? Would you like to increase your credit card limite? Permanent or temporary increase, how to proceed? Explanation.
When you request a credit card towards a financial instituion, this last one will study your solvability in order to determine the maximum limit of the card. This limit depends on:
Once the limit of your Visa / Mastercard is determined, it won’t be automatically adjusted if your financial situation changes. Thus, it is up to yo to ask for a limit increase for your credit cards.
There are two kinds of limit rising: the permanent rising, and the temporary rising.
You can ask for a limit increase either by mail or directly by internet for some financial institutions. In order to ask for an increase:
Article written by Multicredit