The maximum credit limit for an Indigo Platinum Mastercard is $300, so this card won’t be very useful if you want to make big purchases. And taking into account the fees and high APR, the Indigo card will cost you some money, but that’s because it’s designed for riskier borrowers. You should use it primarily to help you build up your credit. And even for that, a secured card might prove a better choice.
The Indigo Credit Card credit limit is $300, at a minimum. This is a standard starting credit limit for an unsecured credit card for people with bad credit. It's important to note that cardholders may start out with less available credit, since the card’s annual fee of $0 - $99 will be charged when the account is opened.… read full answer
What you should know before applying for the Indigo Credit Card:
Ultimately, keep in mind that your credit limit will be determined based on a variety of factors, but the most important ones are your credit history and disposable income.
You cannot get an Indigo Credit Card credit limit increase, unfortunately. The credit limit that you are assigned upon approval cannot be increased.
Many credit cards do provide the option to request credit limit increases or offer them automatically to select cardholders who meet certain eligibility criteria. Keeping your account in good standing, paying your credit card bills in full and on time, while making sure your income information is updated will definitely help your odds of being approved for a credit limit increase.… read full answer
Since the Indigo Credit Card is targeted to people with bad credit, you can also have a look at some of the best high limit credit cards for bad credit, many of which also offer credit limit increases to eligible cardholders.
You may be able to go over your Indigo Platinum credit limit if the issuer authorizes such a transaction, but it will be costly. Call them at 866-946-9545 to find out if that's a possibility.
They will only charge you one over-limit fee per billing cycle, even if you go over your credit limit multiple times in the same billing cycle. The over-limit fee is $28 if you were not charged an over-limit fee during any of the prior six billing cycles. Otherwise, the over-limit fee is $39.… read full answer
It's important to know that, according to the card's terms, the issuer may refuse to authorize or accept any transaction that would cause you to exceed your credit limit, even if you have authorized them to charge you an over-limit fee for doing so.
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