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Understanding the how and why of increasing your Credit Card limit is an important part of managing your finances. In this article, let us explore the world of credit limits, understand why they matter and learn how to increase them.
Your credit score is calculated based on several factors including your credit utilisation ratio. By increasing your credit limit, you can increase your available credit which can lower your credit utilisation ratio and improve your credit score.
Another significant benefit of increasing your Credit Card limit is increased purchasing power. This can be especially beneficial in emergencies or for large purchases that may be difficult to pay for all at once.
With an increase in your Credit Card limit, you can spend and thus earn more reward points. Be it accumulating points for travel or taking advantage of special promotions, a higher credit limit allows you to leverage reward point programmes more effectively.
With a higher credit limit you have more options when it comes to making purchases and managing your finances. This can help you to feel more in control of your finances.
Send the following SMS to 5676766: CRLIM <last 4 digits of Credit Card number>
Your credit limit will be increased to the maximum available credit limit based on your eligibility
Go to the ‘Cards/Forex/Paylater’ section
Select your Card
Go to ‘Manage Card’
Click on ‘Manage Credit Limit’ (under ‘More options’)
Select the desired credit limit
Click on ‘Submit’
Log into your Internet Banking account
Click on ‘My Accounts’
Select and click on ‘Credit Card’
Go to ‘Manage Credit Limit’ and click on ‘Go’
You can also contact our Customer Care by calling 1800 1080. Our team will help you increase your Credit Card limit, if you are eligible for the same.
Open ICICI Bank Whatsapp chat
Send Hi
Select All Services
Select Credit Card Services
Increase Credit Card limit
Select card for limit increase
Input the desired limit
Input OTP
Let us try to understand how credit limit works for users who hold multiple Credit Cards Rohan has 3 Credit Cards instead of just one. Let’s call these cards as Card A, Card B and Card C, each with a credit limit of ₹ 5 lakh, i.e.
1. Credit limit of Card A: ₹ 5 lakh
2. Credit limit of Card B: ₹ 5 lakh
3. Credit limit of Card C: ₹ 5 lakh
The maximum amount that Rohan can spend is taken collectively across all his Cards. So, the maximum amount that can be spent on Card A + Card B + Card C is ₹ 5 lakh.
The main types of Credit Cards offered by ICICI Bank are Platinum, Coral, Rubyx, Sapphiro and Emeralde. You can learn more about several other Credit Cards for travel, lifestyle, shopping and more, like Amazon Pay ICICI Bank Credit Card, MakeMyTrip ICICI Bank Credit Card, Adani One ICICI Bank Credit Cards and Emirates Skywards Credit Card by exploring our website.
The Credit Card limit varies depending on the Card issuer. Please call our Customer Care on 1800 1080 to get more information.
You can find your ICICI Bank Credit Card number by logging into Internet Banking or the iMobile app.
You can enjoy seamless redemption of Rewards with ICICI Bank. Log into ICICI Bank Internet Banking or the iMobile app and navigate to the Rewards section. Here, you can redeem your ICICI Bank Rewards across multiple categories such as electronics, lifestyle, luxury, shopping and travel.
You can apply for a Credit Card on the ICICI Bank website. Select a Card that best suits your needs, check the eligibility criteria and fill out the application form. You can also visit any ICICI Bank Branch where a representative will help you through the process. Don't forget to have your documents like ID proof, address proof and income statements ready.
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