By- Gadgetblunder
Credit score tells the borrower's repayment capabilities. So having higher credit scores lead to higher credit limits
Maintain low credit utilization ratio and use only 25-30% of your total credit limit.
Don't close your old credit cards after getting new. Closing old card results in deleting your credit history and will also negatively impact your credit score.
By using credit card on regular basis and making timely payments, you can gain trust of banks and they may offer you higher credit limit.
If your income is increased then submit the following proofs to the banks- Salaried- 2 month salary slip self employed- ITR copy
Clear your current loans and liabilities and don't apply for too many unsecured loans.
upgrade your basic credit card to premium may leads to get higher credit limit as now you are the premium member for banks.
Increasing fixed deposits is excellent move for secured credit card holder because by increasing FD they ask for higher limit against their fixed deposites.
If you are not getting pre-approved credit limit increase offer, then request your bank to increase your credit limit.
if your bank is not increasing your credit limit then apply for a new credit card in other banks.