How is the Credit Card Limit Calculated?

 The credit card limit is calculated in the same way as described by the Regulation on Bank Cards and Credit Cards. According to certain cir...

 The credit card limit is calculated in the same way as described by the Regulation on Bank Cards and Credit Cards. According to certain circumstances, customers have limited credit card limits. We have tried to find answers to many questions, including credit card limit increase/increase and limit decrease/decrease transactions, in the rest of our article. Credit card limit calculation;

For people who will have a credit card for the first time, the total limit of credit cards is set no more than 2 times the documented income.

A total credit card limit of up to 4 times the documented income is set after the first year.

In our article below, we have answered the questions you have about the credit card limit. You can find the most up-to-date information in our article. If you have any other questions about credit cards and loans, you can check out the other articles on our site.

How to Increase the Credit Card Limit?

Although credit card users have approved the card limit when they have a card for the first time, they can request an increase in the limit afterwards. However, in order to increase the limit determined by calculation, it is necessary to try certain methods. These methods;

Requesting an increase in the limit through Internet banking,

Calling the bank's call center and requesting an increase in the limit from customer service,

Requesting an increase in the limit of the corresponding card at the bank's ATM,

An increase in the limit can be requested by going to one of the bank's branches.

An increase in the limit on credit cards is associated with a credit rating. When it comes to irregularities in recent expenses and payments, the credit rating may not be at the desired level. This may negatively affect the demand to increase the credit card limit.

How is the Credit Card Limit Calculated

How to Reduce the Credit Card Limit?

Lowering the credit card limit is as easy a process as increasing the limit. Banks cannot remain indifferent to the limit reduction requests of their customers who are credit card users or make a negative return to the limit reduction request. The relevant regulation protects the rights of the credit card user at this point.

With the help of customer service in the call center of the relevant bank,

In one of the branches of the bank,

The card limit can be reduced through Internet banking.

As those with a low credit score may have difficulty obtaining a loan, they may also have difficulty obtaining a credit card. Users who are at the risk level determined by the bank are experiencing difficulties when buying a credit card. In such cases, an ideal solution would be to apply for credit cards with bank blocked collateral. However, since some procedures and regulations of banks have changed, this will also not be a definitive solution.