How to increase the credit card limit?
Your credit card limit is the highest monetary limit that you can spend using your credit card. This limit is set by your credit card company or bank and while it may seem like it is fixed, there are ways you increase your credit limit.
While most lenders insist on seeing your usage for about six months before considering limit enhancement, the terms and conditions of this vary from lender to lender.
How to increase your Bajaj Finserv RBL Bank Credit Card limit?
There are two simple ways to increase your Bajaj Finserv RBL Bank Credit Card Limit. First is to wait for your lender to enhance your credit limit, and the second is to request for it. However, experts warn against reckless spending and mounting credit card debt.
- Automatic credit limit enhancement: If you have been a trustworthy customer, your lender may offer you a credit card limit increase itself. For such an offer to be made, you must have made a reasonable number of transactions with your credit card, paid all your outstanding dues on time, and maintained a high credit score.
- Request credit card limit increase: The best way to increase your Bajaj credit Card limit is to simply ask for it. Call up the customer care number of your credit card company or visit a branch closest to you and submit an application for credit card limit increase. If you have recently received a promotion or changed jobs or if you have cleared an existing loan, it may be a good idea to discuss this too. Your lender may evaluate the relevant proof and grant your request. But remember, the approval or disproval of your request for credit limit enhancement is completely at your lender’s discretion.
Learn about the Bajaj Finserv RBL Bank SuperCard and see how you can get the power of 4 cards in 1. Get a host of benefits, increase of credit card limit, and more.