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Thread: First Credit Card

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  1. #1
    sk55 is offline Junior Member Registered User
    Join Date
    Dec 2009
    Posts
    1

    Default First Credit Card

    hi guys,

    i just got my first credit card.

    bank of america power rewards visa.

    how soon can i ask for a credit increase? after 3 months?

    For a credit increase what factors do they take in to consideration? I also have a BofA bank account.

    Thanks

  2. #2
    MrCreditCard is offline Administrator
    Join Date
    Sep 2008
    Posts
    32

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    I'll be patient if I were you. From my experience, I have found that if I use my card properly, do not use anywhere near your credit limit and pay in full every month, you will get automatic credit increases periodically. Sometimes in 6 months!

  3. #3
    ashtonlope is offline Junior Member Registered User
    Join Date
    Nov 2011
    Location
    India
    Posts
    3

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    Hello Friend...If you are using your card frequently and paying your bill before time, your credit point will increase accordingly.And the issuing bank will increase your credit limit after minimum 6 months.But some conditions you must have to follow.

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