I read the other day that most people would prefer to have their card denied than to have an automatic credit limit raise. Why could the companies not do as the bank does - if the purchase is $100 or under, the limit is raised, and if over that amount, it is denied? Maybe a $30-$40 leeway at the tightest, enough to get gas to go home/to work on, if necessary.
Surely there is a limit to how high they can go.
Quote:
Originally Posted by joecool6101  You can easily contact your credit card company and they will do it for you with no problems  Or you can have a credit card like my brother does where there is a limit but if you spend over the limit then the bank automatically raises it which doesn't make a lot of sense to me but ya thats how it works. |