Your credit card’s credit limit indicates the amount that the issuer allows you to use. This is important because with a high credit limit you can make big-ticket purchases, improve your credit score, avail of a loan in an emergency and capitalise on offers, discounts, and reward points. If you are someone who is prudent with their finances, an enhanced credit limit gives you a greater degree of flexibility and security. From improving your chances of faring well with the issuer’s automated credit limit algorithm to making a request yourself, here are 5 tips to successfully obtain a credit card limit increase. Work on improving your credit score