Disadvantages Of Increasing The Limit Of Your Credit Card


If you have accessed a wider line of credit with your credit card, it is also important to take into account the disadvantages of this benefit. Increasing your credit card limit can have its advantages, but its shortfalls abound.

Greater Debt Capacity

By having more credit available to you, you will have the possibility to use your credit card to purchase more products or services, but for this you must analyze if your ability to pay matches them. Otherwise, just as the line of credit is greater, the debts will also be.

Movement Report

In the event that your debts per month increase to more than 70,000 pesos, the Tax Administration Service may request a report of your monthly movements. You will have to explain where each income comes from and check it.

You Require Discipline

To use this benefit you need to be disciplined with the payments that must be made, take into account that you will not have an extra income but more opportunities to generate an exemplary credit history and, as a result, have the opportunity to have a mortgage loan, to automobile, among others.


After what we have mentioned about increasing the limit of your credit card it is time for you to decide if it is the best option for you and your economy. If so, I recommend that you take into account each of the recommendations that we mention so that you take advantage of this benefit without suffering any indebtedness in the future. As you know, credit cards and vanilla visa gift card are useful to finance us and, if we have the possibility of expanding the limit of our plastic to improve our economy, it is important that we take into account the factors that this entails.