Ramit Sethi explains how to ask your bank for a credit limit increase. Tell them your income went up, explain why you need it, and highlight your on-time payment history. Card issuers are cutting limits, but asking every 4 to 6 months sometimes works.
You should go to the bank and you should say, this is my income. Hopefully it's risen a bit. You should say, this is why I want a credit limit increase. And you should say, I'm pointing you at my past credit behavior. I paid everything on time. I'm going to be making some more charges in the future and I'd like a higher credit limit now. It's a little tough time right now because credit cards are actually contracting their credit limits. But you may be able to get it yourself. I do this every. I think it's like four to six months. Sometimes I get it, sometimes I don't.
