Keep reducing my credit limit???

Sainsbury's Standard Credit Card
17.0% of users recommend this
  • Customer service

  • Value For Money

ReubenRoche355's review of Sainsbury's Standard Credit Card

“Keep reducing my credit limit??? ”


written by ReubenRoche355 on 28/03/2023

Have had Sainsbury's Credit Card now for approximately 3 years, have never missed a payment or paid late but they keep reducing my credit limit.

Whilst this doesn't sound like a major problem it means that when I pay down my card to reduce my credit utilisation percentage the reduction then bumps this figure back up seriously affecting my credit score.

It also means I dont know where I am with budgeting as if I pay my Sainsbury's Card down to transfer another balance across to it there is no longer enough available credit to do so.

Seems they are trying to purposely push me into going over my credit limit by regularly reducing it.

  • 1 year and over

    Used card for

  • No

    Loyalty scheme

  • Customer service

  • Value For Money

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