Credit issuing companies offer their cardholders with a line of credit that determines their spending threshold via this card. While the offered credit limit depends on the eligibility and repayment capability of the individual, one can also act on how to increase credit card limit.

This requires one to adapt a few financial habits that include - firstly, timely repayment of credit card bills. It reflects the repayment capability and clean credit history of the prospective cardholders. Thus, individuals should make the payment before the last due date of payment.

Secondly, potential cardholder should keep their credit utilisation ratio well-within 50%. It reflects their lowered credit hunger and hence makes them more creditworthy. Additionally, this also strengthens one’s credit history and enables them to bargain upon the credit card interest rates.

Thirdly, individuals also need to provide proof of their income in the form of salary slip or bank account statement in case of their salary hike or additional source of income. This adds on to their payment capability and lenders are more willing to boost their line of credit.

Lastly, it is ideally imperative that cardholders keep their debt-to-income ratio to within 40% hence reflecting a lower engagement in their current financial obligations.