Accept new credit limit? – Forums


I had a letter at the weekend from Lloyds saying they are going to increase the limit on my credit card from £4,500 to £9,500.

I don’t actually use the card as I got it for the long 0% balance transfer offer.

I am going on holiday in December to Australia so am planning on applying for the Halifax clarity card in October or November.

Would having a lot of available credit hinder an application? Not sure whether to accept the increase or not

Lloyds isn’t the only card I have

Mortgage starting balance £231,000
Mortgage after Year 1 £225,000
Mortgage after Year 2 £218,000


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