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OH has just been given a credit limit of a few hundred quid. She did a salary verification but the card came today with a useless limit. Zero chance of making £3k in time to open make the bonus.
She works full time and without disclosing income it’s easy to say she’s good for much more. Amex is over 100 times higher!
Is this temporary?
Unless it’s a £200 limit, whatever limit they’ve given seems to be the one going forward. I’ve got a low limit as well and have had to make mid-statement payments to be able to get anywhere.
Unless it’s a £200 limit, whatever limit they’ve given seems to be the one going forward. I’ve got a low limit as well and have had to make mid-statement payments to be able to get anywhere.
And the £200 limit means?
Unless it’s a £200 limit, whatever limit they’ve given seems to be the one going forward. I’ve got a low limit as well and have had to make mid-statement payments to be able to get anywhere.
And the £200 limit means?
Delicate discussions about your OH’s credit history.
She works full time and without disclosing income it’s easy to say she’s good for much more. Amex is over 100 times higher!
And that’s likely why the Barclaycard limit is so low because the Amex one is so high.
It appears to be the “holding” limit until you provide the documents Barclaycard require. You’ll have received an email from them about it (hopefully), asking for something like three months payslips
It appears to be the “holding” limit until you provide the documents Barclaycard require. You’ll have received an email from them about it (hopefully), asking for something like three months payslips
The OP said that had already been done…
@ChrisC is almost certainly right and it would also appear to be a very likely reason why so many high earners have complained about being rejected for this card. Too many cards, too much unsecured credit availability; not necessarily a concern that someone is overstretched, but not a profile BC wants.Ah, so they did. Missed that “salary verification” bit. Apologies. When the OP later asked “and the £200 limit means?” I (mis)understood that to mean they had been given the holding limit and didn’t know what it meant.
- This reply was modified 55 years, 4 months ago by .
OH has just been given a credit limit of a few hundred quid. She did a salary verification but the card came today with a useless limit. Zero chance of making £3k in time to open make the bonus.
She works full time and without disclosing income it’s easy to say she’s good for much more. Amex is over 100 times higher!
Is this temporary?
Did OH verify their salary income via transunion or submitted payslips
Registered last night and it said unless you do the above, you will only be given £200 limit and 45 days to submit@carlos – already mentioned that she did the salary verification!
OK looks like a call to Barclaycard is in order. I submitted 2 months bank statements as requested (was quicker than getting her payslips). If I could convincingly pretend to be here on the phone I’d do that! So much easier with live chat 🙂
Payslips submitted but the limit still shows £200 lol
Payslips submitted but the limit still shows £200 lol
How long has it been? It might take a couple days to review?
I applied and was approved on Monday (with a 9k limit), but as yet have still not received my confirmation email, although the card is today showing in my Barclays app, saying the card needs to be activated, so hopefully its been posted today.
Barclays must be getting their IT together. Already corrected the credit limit to enough to quickly get to the bonus amount
Barclays must be getting their IT together. Already corrected the credit limit to enough to quickly get to the bonus amount
Did you get an email about sending proof of income or whatever?
Or did you manually talk to them and ask them to review things?
Barclays must be getting their IT together. Already corrected the credit limit to enough to quickly get to the bonus amount
Did you get an email about sending proof of income or whatever?
Or did you manually talk to them and ask them to review things?
Got a request for payslips on the 23rd, uploaded the same day. Got a reminder on the 25th and the card on the 27th. Then yesterday the credit limit changed. So the whole process was less than 10 days which I think is a decent performance.
Far too long – you must demand compensation!!
(As seems to be the tone on here)we had the same issue with my wifes card. We just started to pay off every transaction as soon as it was possible to pay for it. We later then actually manually transferred money and pushed the balance into positive. I.e. we wanted to pay for something that cost £700. With the credit limit of £200 we transferred £500 on to the credit card and then were able to pay with the Barclay card.
we had the same issue with my wifes card. We just started to pay off every transaction as soon as it was possible to pay for it. We later then actually manually transferred money and pushed the balance into positive. I.e. we wanted to pay for something that cost £700. With the credit limit of £200 we transferred £500 on to the credit card and then were able to pay with the Barclay card.
Purposely putting a positive balance onto a credit card is against the terms of use for 99.9% of cards and continuing to do so could lead to account closure.
Yes, because keeping a card with a £200 limit is so useful, so that’s a risk that no one can take.
I’ve had the same issue here – got given a £2050 limit (vs. my Amex of £20k…). Called to try and get this changed and they said there was nothing they could do. Not even given the opportunity to submit payslips or evidence that I’ve been paying off my Amex in full of c.£2-5k per month. Is there anything else one can do in this situation to get it raised? I don’t fancy paying down twice monthly just to get this air miles bonus…
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