Credit Advice

Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!


Posted in Credit Cards
Profile Image

Question By

53 Contributions
1321 People Helped
When are credit card issuers more likely to increase credit limits?
There is some worry that asking for a credit-limit increase will create a new hard inquiry. However, I'm wondering if "asking" for an increase is even necessary.

Years ago, in October or November (ie., just before the Christmas shopping season), a number of credit card issuers would "voluntarily" increase a credit limit on accounts that had never been increased before. And since this was a "voluntary" act on the part of the card issuers themselves (as opposed to a customer "request"), I assume these increases did NOT generate hard inquiries.

FWIW, one of my cards increased my credit limit by $500 only 4 months after the card was issued ... and I'm assuming no hard inquiry took place.

So, I'm curious whether credit card issuers still do this ... and if there are certain times during the year (like just before Christmas) when it's more likely to see this happen? Or, are these voluntary increases dependent on the issuers themselves and more related to the age of the account?

Would love to hear any input on this.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.