The limit set by the bank when allocating the credit card cannot be increased without the cardholder's permission and approval. On the other hand, if a periodic limit increase request is defined on your card based on your instruction, your approval is not required for subsequent limit increases; the increases become effective if you do not object to the notification made fifteen days before the date of the increase.
How do I manage periodic limit increases?
If periodic limit increases are allowed, the bank sends a notification and grants a right to object. SMS or email messages containing the notification should be read carefully, because remaining silent may mean approval.
A customer who does not want the increase should send their objection to the bank within the specified period. If an instruction was given, it can also be cancelled at any time.
Since a high limit can increase the risk of over-borrowing, choosing a limit that fits your budget is useful for saving discipline.
