You can request a Barclaycard credit limit increase online or by calling the number on the back of your card. You’re not guaranteed an increase with either method, but there’s a good way to estimate your chances. You’re more likely to get a Barclaycard credit limit increase if you’ve had your account for at least 6 months, you’ve always paid on time, and you haven’t seen any big drops in your credit score recently. Just keep in mind that if you ask for an increase, Barclaycard will do a hard inquiry into your credit report, which will cause a temporary drop in your score.
You might not even need to ask. Barclaycard may give you an automatic credit limit increase any time after the six-month mark if you consistently pay on time and otherwise keep your account in good standing. Automatic increases won’t result in a hard credit pull.
How to Request a Barclaycard Credit Limit Increase:
- Log in to your Barclaycard account.
- Click on the “Services” tab.
- Click on “Request credit line increase.”
- On the next page, click on “Request a credit line increase” again.
- Enter the amount of additional credit you’d like, along with your occupation, employer, length of employment, and total annual income.
- Review your information and submit the request.
To get a Barclays credit limit increase by phone, call the number on the back of your card. Then, verify your identity with your card number and Social Security number, and tell the Barclays representative you’d like a credit limit increase. You will then need to answer questions about your employment and income.
It’s possible to get an instant decision on your Barclaycard credit limit increase request. But it can also take up to 10 business days to hear back by email. If your request gets denied, you can ask again once a month has passed. Just don’t forget that each request will result in a hard pull of your credit, which may temporarily damage your credit score, especially when there are lots of them in a short period of time.
With that being said, getting a credit limit increase can be great because it reduces your credit utilization if you keep your spending the same, or allows you to spend more without increasing your utilization.