drsel
TF Prestige
I am giving the main criteria for credit card limit enhancement.
I have made this a Wiki post, so feel free to add more criteria and modify the weightage of each criterion.
The weightage is expressed in percent before each criterion, such that the total is 100%--
40% High Card spends / High MDR income for the bank (-10% if you've defaults in your payments records)
30% High income tax returns/salary ( +5% if salary/business account is in same bank)
10% Increasing spends every month
10% High CIBIL score / increasing gradually
00% Full payment on time, ideally just before the statement date, so that credit utilisation is zero. (This will help you a CIBIL score not limit enhancement)
10% Luck
I have made this a Wiki post, so feel free to add more criteria and modify the weightage of each criterion.
The weightage is expressed in percent before each criterion, such that the total is 100%--
40% High Card spends / High MDR income for the bank (-10% if you've defaults in your payments records)
30% High income tax returns/salary ( +5% if salary/business account is in same bank)
10% Increasing spends every month
10% High CIBIL score / increasing gradually
00% Full payment on time, ideally just before the statement date, so that credit utilisation is zero. (This will help you a CIBIL score not limit enhancement)
10% Luck
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