If you have a credit card in good standing, there are generally two ways to get a credit limit increase. Your credit card company may decide to automatically increase your credit limit. This decision could depend on factors like how long your account has been open and whether you've used your credit responsibly.Jun 30, 2020
How much does indigo go over the limit?
MAX LATE FEE $40
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MAX OVERLIMIT FEE $40
MAX PENALTY APR 29.9%
FOREIGN TRANSACTION FEE 1%
SMART CHIP No
What makes you eligible for a credit line increase?
Both the payment history and the amount of your payments help us to determine if your account qualifies for a credit line increase. Generally if you make substantially more than your minimum monthly payment on time for three months you can reapply for a credit line increase.
How often does your line of credit increase?
every 4-6 months
How long do you have to wait to get a credit line increase?
There's no set rule for requesting increases, but you stand a better chance if your account has been open three to six months. New accounts must typically wait at least 12 months before requesting a credit limit increase. These are just the policies at larger banks and credit card issuers.