Hello, I am a student who has just started to use a credit card in hopes of gradually building my credit history. As of rn, I have been using the Monzo flex credit builder card for around 3 months but the limit is capped at £500.

    I have come to the realisation that having a low credit limit isn’t great as its quite difficult to keep my utilisation low. I am scared to apply for a new credit card with a higher limit within such a short time as that can also be detrimental to my credit score.

    How long should I wait before applying for a new card?

    Any advice appreciated 🙂

    When is it appropriate to apply for a new credit card?
    byu/EstablishmentThat927 inCreditCards



    Posted by EstablishmentThat927

    Leave A Reply
    Share via