Short Answer: Many credit card companies will give you an automatic credit limit increase after your account has been in good standing for about six to 12 months. The best way to get a credit limit increase without asking is to make consistent on-time monthly payments of at least the minimum amount due. If you don’t receive an automatic increase, you can ask for one. For more details on how to get a credit card limit increase without asking and how long it takes to increase credit limits on new cards, see below.
How to Get a Credit Card Limit Increase Without Asking
You’ll often get an automatic credit limit increase about six to 12 months after opening a new credit card account — as long as your account is in good standing. That means you’ll need to be making consistent on-time payments of at least the minimum amount due. Keep in mind, this is a general rule; credit limit increases and increase amounts depend on your individual credit profile.
We contacted American Express, Capital One, Chase, Citibank, and Discover corporate customer service representatives to ask about credit limit increases. We were told that after five or six on-time monthly payments, you may be offered an automatic credit limit increase. The credit card company may notify you of an automatic credit limit increase by mail or email. Your online account and next monthly statement will also show the increase.
On its website, Capital One has a list of cards that automatically qualify for a credit limit increase after five months of on-time payments that are at least for the minimum amount due. The cards include the QuicksilverOne Cash Rewards, the Capital One Platinum, the Journey Student Rewards from Capital One, and the Capital One Secured Mastercard. Capital One typically notifies cardholders of a limit increase by email.
Requesting a Credit Limit Increase
You can, of course, request a credit limit increase by calling a customer service representative for the credit card issuer or by accessing your account online. Some credit cards, such as those issued by American Express, will consider a credit limit increase as early as 60 days after opening your account. Other cards like those offered by Capital One require you to wait 12 months before requesting an increase if you are not automatically given one.
Improving Your Odds of a Credit Limit Increase
You can improve your odds of a credit limit increase by avoiding late payments, paying down your highest credit balances, disputing any errors on your credit report, and keeping track of your total credit utilization. See our related article that details how creditors determine your credit limit; the same guidelines apply to all credit cards — not just Victoria’s Secret credit cards.