In this brief guide, we are going to discuss what a credit card limit calculator in the UK is and where you can find the credit card limit for your UK credit card.

What is credit card limit calculator?

A credit card limit calculator is a calculator which either lets you know what your current credit card limit is or what your credit card limit may be when you apply for a credit card.

In reality, these credit card limit calculators are very vague calculators which just provide you numbers which may in fact have no factual basis. The credit card limit calculators cannot possibly tell you what a credit card provider may offer you in regards to a credit card limit as they do not hold the affordability and scoring data which the credit card providers use to determine what credit card limit they will offer you.

What is a credit card limit?

A credit card limit is an amount a credit card provider will allow you to spend on a credit card. Some credit card providers will allow you to spend more than the amount you have on your credit card but in this case, they may charge you an over the credit limit fee. This could be a percentage or a fixed fee. Some credit card providers may have a max credit card limit they will offer to all borrowers.

What determines the credit card limit you get?

The credit card limit you get will usually be dependant on the following factors:

Your income

Your employment status

Your credit score and credit history

The amount of debts on your credit report

Your residential status

The type of credit card (e.g a gold credit card, a credit builder card, a platinum credit card etc)

How do you find out what your credit card limit is?

If you are considering getting a credit card

If you are considering getting a credit card then there is really no way to find out what your credit card limit is by using a credit card limit calculator in the UK.

Some credit card providers will give you an indication of what your credit card limit may be when you make a credit card eligibility application.

If you already have a credit card

To find out what your credit card limit is you can simply contact your credit card provider and ask them for this information.

Below are some of the most popular credit card providers in the UK and their contact information. When you call them ensure you have your credit card to hand and any telephone or online passwords which you may need.

Virgin money- 0800 011 3210

Capital One- 03444 812 812

Vanquis – 0330 099 3000

Tandem credit card- 0203 370 0970 

Alternatively, you can check on the credit card providers app if you are signed up. If you are not signed up you can then register to the credit card providers app and check to see what your credit card limit is.

How to increase your credit card limit?

To increase your credit card limit you will likely need to improve your credit score so the credit card provider views you as being more creditworthy than when you initially took out the credit card.

To improve your credit score you could:

Get a secured credit card

Get a student credit card

Get a credit builder credit card

Get a credit builder loan

Avoid missing credit card repayments

Avoid having way too many credit card applications in a short time

Some credit card providers will automatically increase your credit card limit but only if you have chosen this option when you first took out your credit card or at any time after.

If you haven’t asked your credit card provider to increase your credit card limit then you may need to do so or simply ask the credit card provider for a credit card limit increase. A credit card limit calculator in the UK will not be able to tell you what credit card limit increase you may be due.

In this brief guide, we discussed what a credit card limit calculator in the UK is.

If you have any questions or comments please let us know

John Bate

John has 22 years of experience in financial services. This spans across financial research, financial services (As a qualified mortgage broker and underwriter), financial trading and sales at global investment banks. While working as a publishing research analyst, he covered European bank credit and advised institutional clients on investment strategies at both JP Morgan and Societe Generale. John has passed all three levels of the CFA (Chartered Financial Analyst) programme.