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

+1 vote
asked 6 days ago 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 6 days ago by Rexer (730 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.

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