Credit Limit Increase For Minor Account Usage
Financial Management

Credit Limit Increase For Minor Account Usage

financial literacy

It was surprising to see that I got a credit limit offer for a credit card that I barely use. As you can see, the bank offered to bump up my limit to $10,000.


I probably spent like less than $200 on this card since I got it as I primarily enrolled into it as an option incase merchants did not accept my main credit card. It kind of makes me wonder if these credit limit approvals are automated where it simply looks for factors such as if you pay your bills on time. Cause like in this example, how much I spent couldn’t have been a factor.

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