Personal Finance

Eligible for new credit increase soon after credit line increase?

  • Last Updated:
  • Jul 21st, 2015 2:59 pm
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[OP]
Member
May 31, 2010
405 posts
22 upvotes

Eligible for new credit increase soon after credit line increase?

So I received a letter from MBNA about a month back that i was eligible for a credit line increase of $700, and I did take it, but I got a letter again few days back (about a month has passed) and it says that I'm eligible once again for $700. Is this simply a mistake?
4 replies
Member
Apr 10, 2017
441 posts
169 upvotes
Toronto
I would call their customer service and ask. I received a call too in March that I was eligible for a credit increase but I did not need it at the time so I did not take it. The amount offered at the time was 3000 dollars. Then recently i received a letter saying I was eligible for 5000. It seems they regularly offer credit increase to eligible customers.
Deal Addict
User avatar
Feb 23, 2004
3463 posts
286 upvotes
Calgary
How do you accept it?
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Member
Jan 31, 2007
310 posts
34 upvotes
Montréal, QC
Same think happened to me. About 1.5 months ago I got an offer to increase my limit by $3k which I accepted. Then last week I got another letter offering a $3k increase again. I called them this time to check and it was indeed the same offer and not a new one. Kind of stupid of them to send it out again to people who have already accepted the offer.

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