How to request an increase on your credit limit to improve your credit score

How to request an increase on your credit limit to improve your credit score
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You can increase the credit limit on your credit card by submitting a request to your bank, either online or by phone.

No matter how or where you apply for a credit limit increase, you'll need to provide your employment status, annual gross income, and monthly housing payment.

Most banks will perform a hard inquiry on your credit report before granting a credit limit increase so they can consider your payment history and other important credit factors.

Approval processes vary by bank, but you may have access to a larger credit line within minutes of requesting an increase.

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I have three personal credit cards, and for now, I'm happy with that. I can track my spending easily and pay off the full balance on each card every month — one of the most important factors helping to keep my credit score in good standing.
But when I recently added my partner as an authorized user on one of my credit cards, I decided to request a credit limit increase, knowing that our combined spending would push the monthly balance closer to the card's limit.
My credit utilization ratio (how much of my available total credit I use each month) is in good shape, and I didn't want to jeopardize that. Credit utilization has a significant impact on your credit score, and ideally should stay below 10%, meaning you carry less than $1,000 in debt for each $10,000 in available credit you have.
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