HSBC Credit Card Credit Line Increase

Guest: BigDog
Post subject: HSBC Credit Card Credit Line Increase
Posted: Sat Mar 18, 2006 2:32 am

Hi,

I have a HSBC card for about 9 months and wanted to know if they do limit increases on request.
If, yes do they do a soft or hard inq on your report??

In other words - What is the best way to ask for an increase. I have a very small balance on the card with them.

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Guest: cdwilliams1
Posted: Sat Mar 18, 2006 10:36 am

I was wondering the same thing. I've now had my orchard card 6 months. All payments are on time. Curenntly carrying a balance, but I could pay it off if need be. My current limit is only $300.

Chris

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Guest: TomfromCT
Credit Expert (100+ Posts)
Posted: Sat Mar 18, 2006 2:01 pm

cdwilliams1 wrote:
I was wondering the same thing. I've now had my orchard card 6 months. All payments are on time. Curenntly carrying a balance, but I could pay it off if need be. My current limit is only $300.

Chris


patience my boy. CLI's are a shadowy world that us mere mortals will never understand.

Keep up with your orchard and before long you may have offers from real cc companies with more realistic limits

In the meantime. BE PERFECT
_________________
Average credit score: 709 !!!!!!

WOOOHOOOOOO

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Guest: BigDog
Posted: Sun Mar 19, 2006 2:03 pm

I can't speak for anyone else, but my limit is $10,000 with HSBC. I just wanted a little input from others who carry this card.

Can anyone comment on there experience with HSBC and Credit line increases or any other info that would be helpful to all.

Thanks

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Guest: mouse
SENIOR MEMBER (Member for 2 yrs.+)
Posted: Sun Mar 19, 2006 2:39 pm

Call and ask

Or look ON-LINE if they have such a thing

I don't have any credit from that company

Some banks do CLI's after 6 months...some after 9 months...some after a year...some never (AT YOUR REQUEST)

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Guest: fenster
Posted: Mon Mar 20, 2006 11:53 am

I carry the GM card with them, I’ve had it for two years now, in the two years, I asked for a limit increase once and was declined. However, lo and behold, while paying online, I discovered an automatic limit increase of $1500 a week ago. My original limit was $3500 and is now $5K. I’m thinkin’ they don’t like us askin’ for it, my experience at least.

Oh ya, they'll definitely hit ya with hard inquiry, they're not softies like BofA.
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beware of everything

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Guest: BigDog
Posted: Tue Mar 21, 2006 12:40 am

Hey fenster,

Thanks for the info.

Anyone else out there have any dealings with HSBC

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Guest: cled
Posted: Sun Mar 26, 2006 5:41 am

BigDog wrote:
Hey fenster,

Thanks for the info.

Anyone else out there have any dealings with HSBC


i went online to request for CLI...

i have the card for about 2 years now...

not as generous CL as other banks are, though... but it serves my needs well..

CL is same as yours ($10,000)

so far, its a good experience here..

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