2007-05-25 20:44:11 · 8 answers · asked by Julie C (little ninja) 1 in Business & Finance ➔ Credit
Yes it would put you another £1000 in credit making £1500 but i would enquire with the credit card company if that then sets your "spending" limit to this new amount to match your new available limit.
Yeah as above, it may just lie in your account.!
2007-05-25 21:03:48 · answer #1 · answered by just-dave 5 · 1⤊ 1⤋
nope, u will have to ring up and ask for your credit limit to be increased, all the extra thousand pond will do is lie in the credit card account giving u a credit balance of £1500 but available credit of £500
2007-05-25 20:55:26 · answer #2 · answered by scotgal 4 · 1⤊ 1⤋
Yes, but ideally you should spend no more than you deposit - use it like a prepaid card and it won't cost you a penny, for cash withdrawals or goods, apart from the goverment tax on it once a year.
2007-05-25 20:49:32 · answer #3 · answered by RM 6 · 0⤊ 2⤋
No you will have to wait until they increase the limit to £1500 which they will probably do.
2007-05-25 20:53:00 · answer #4 · answered by D 7 · 1⤊ 3⤋
yes, correct, but then.....your credit card maxed out lol
2007-05-25 20:47:58 · answer #5 · answered by norman davis 3 · 0⤊ 1⤋
Yes.
2007-05-25 20:52:24 · answer #6 · answered by Hoodoo 3 · 0⤊ 2⤋
you wi ll be in credit by £500.00 if that is what you are asking!
2007-05-25 23:55:51 · answer #7 · answered by Rebz 5 · 1⤊ 0⤋
Assuming the card balance was £0.00, then Yes!
Go wild spending, you crazy thing! ;-)
2007-05-25 20:47:30 · answer #8 · answered by ? 7 · 1⤊ 2⤋