How long should you wait before asking for a credit limit increase?

+1 vote
asked Dec 6, 2017 in Other-Finance by karen e (190 points)
How long should you wait before asking for a credit limit increase?

1 Answer

0 votes
answered Dec 6, 2017 by Rexer (1,540 points)
To get a credit limit increase you have to have your credit card account open and in good standing for a year or more.

I would wait at least 18 months before asking for a credit limit increase and only ask for a credit limit increase if you're sure you can pay it back.

Never take out more credit than you can reasonably pay back.

10,270 questions

10,774 answers

33 comments

224,969 users

...