• Join Date: May 2021
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    Purchase something above credit limit
    02-05-21 , 16:46

    Hi everyone,

    I have a Tesco credit card with a limit of £5000. I will need to make a credit card purchase that is above that value.

    Is it requesting a credit limit increase my only option, or would Tesco accept if I overpay the card balance so that the available credit is my limit plus the value I “deposited” on the account?

    Couldn’t find any reference to this in the terms and conditions.
    ​​​​​​​
    Thanks!
    Click below to see solutions
  • Join Date: Mar 2020
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    Best Answer
    03-05-21 , 07:37

    Morning @AgainstGreaterOdds

    The best option is to increase your credit limit which you can do from home via online banking or via the app.
    Here is a link with more information: https://yourcommunity.tescobank.com/...y-credit-limit

    Alternatively you can call the Credit Card Team on 0345 300 4278 or 0800 406050 who will be only too happy to assist you.

    Hope this helps!!

    Have a lovely Bank Holiday Monday, Caz @25H
  • Join Date: Aug 2018
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    03-05-21 , 10:08

    Hi @AgainstGreaterOdds, thanks for getting in touch. I'm afraid the only option would be to request a credit limit increase on your account to enable you to make the purchase, or use another method of payment. Please follow the link that @25H has provided above for some more information surrounding credit limit increases.
  • Join Date: Jun 2015
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    05-05-21 , 15:49

    Most, if not all, credit card providers don't allow overpayments (it'll be in the Terms and Conditions somewhere)-I'm also sure I've seen elsewhere doing so also revokes any Section 75 protection in the event of a claim.
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