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i use a maixmun reward credit card. i request limit increase for 2 time and they still didnt give it to me. why?
i use a maixmun reward credit card. i request limit increase for 2 time and they still didnt give it to me. why?
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i use a maixmun reward credit card. i request limit increase for 2 time and they still didnt give it to me. why?
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It depends on your past transactions. If you had more transactions then they’ll consider your request & you may get the requested limit.
If you have requested that they increase your credit limit twice, you need to contact the credit department and ask them why. Better yet, if you have been denied credit within a month you have a right to a free credit report stating why you were denied credit, or credit limit increase. But, if I were you I would ask first, if they suggest you contact your credit reporting agency, then you need to do so, and then you know something is wrong, meaning maybe you have something adverse on your report. So, either way you need to check into it to see what’s going on.
They may have a record of your financial status and find they do not want to extend you higher credit limits.. Since the card company refused you, ask them why they haven’t approved a higher limit. If you don’t like the answer go elsewhere. We have no knowledge of your circumstances.
Maximize your Rewards Credit Card Usage - 4 Easy Tips to Learn How
Reward credit cards are a great credit card to have. By using your rewards card you can earn points towards trips, merchandise at selected retail stores, money and more. Here are some easy-creditcard tips to maximize the usage of your rewards credit card.
It all depends on your credit rating. If you dont have a good credit rating, you may be denied a higher limit.