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    What if you were maxxing out a credit card - what would you buy?

    If you were to max out a credit card with a £4k limit what would be your essential purchases. Bearing in mind that you may not have access to credit facilities in the future. So maybe the items need to be futureproof and be of practical use.

    46 Comments

    can i just withdraw my limit out !!!

    I like to have cash and save for the future!!

    Why a limit of 4K?

    Is that how much your card limit has been raised?

    Best thing to do is not to use it...

    Don't buy anything unless you can pay for it outright...

    Keep your credit rating and have your card as an emergency to fall back on...

    i would get a plasma and stuff to sort my house out and some toys for kids .......... if only x

    Banned

    this thread sounds like a "what can i buy for 4k because i wont actually be paying for it"

    Without a doubt I go on some holidays or some cruise for 1 mth or whatever the 4K would pay for that type of thing.

    Holidays, clothes, going home, Toys/clothes for babba, id have a bloody field day!!!

    Original Poster

    sassie;2160862

    this thread sounds like a "what can i buy for 4k because i wont actually … this thread sounds like a "what can i buy for 4k because i wont actually be paying for it"



    Not at all. My limit was raised (unknown to me) and for a split second I was tempted to blow the lot.

    Banned

    diabeticguy;2160906

    Not at all. My limit was raised (unknown to me) and for a split second I … Not at all. My limit was raised (unknown to me) and for a split second I was tempted to blow the lot.



    "Bearing in mind that you may not have access to credit facilities in the future"

    it was this bit that led me to post what i did

    diabeticguy;2160906

    Not at all. My limit was raised (unknown to me) and for a split second I … Not at all. My limit was raised (unknown to me) and for a split second I was tempted to blow the lot.



    Usually you have to contact them for a raise yourself.

    Credit card companies are mad anyway,they give rideculous limits to people,no wonder some get in debt.

    Mum2Connor&Cerys;2160945

    Usually you have to contact them for a raise yourself.Credit card … Usually you have to contact them for a raise yourself.Credit card companies are mad anyway,they give rideculous limits to people,no wonder some get in debt.



    Mine have always contacted me to tell me they have increased the limit...

    forharry;2160962

    Mine have always contacted me to tell me they have increased the limit...



    I've called before,and like with 1 them,it's all done online and you change it yourself there and reach a decision.
    Thats sneaky for them to change it if not requested,talk about temptation for some.

    Original Poster

    sassie;2160930

    "Bearing in mind that you may not have access to credit facilities in the … "Bearing in mind that you may not have access to credit facilities in the future"it was this bit that led me to post what i did



    I added that bit to suggest that the choices made would need to be essential / must have items that you would blow your last £4k on. I was thinking of things like a top of the range TV, a camcorder, furniture, a laptop, dishwasher etc

    Mine's been raised without any contact before too. If I was going to splurge i'd have a new kitchen fitted and go on a much needed holiday.

    Banned

    blowing it on him may be beneficial i suppose it depends on your beliefs ;-)

    a life.

    i would buy a bus ticket to the town apply for 600 more credit cards and live out life in america as a rich person

    black gerbil1;2161119

    a life.



    whats wrong with yours at the moment!!

    Mum2Connor&Cerys;2160945

    Usually you have to contact them for a raise yourself.Credit card … Usually you have to contact them for a raise yourself.Credit card companies are mad anyway,they give rideculous limits to people,no wonder some get in debt.



    Absolute rubbish i work for Abbey credit cards and we raise limits without customers even asking based upon how well they are running there accounts, most normal people ring back up and ask for it to be lowered....

    And in regards to the actual post......if you havent got the money dont spend it.......if ur tempted to blow the lot thats likely to effect alot of people in this forum alone in the long run, wether it be declines on new mortgages or lending people really truely need......

    Starrysky;2161180

    whats wrong with yours at the moment!!


    nothing, except its no existant.

    Banned

    I like how I can raise my credit limit and overdraft limit online but I can't lower them, stupid or what?

    I splashed out £2000 on my credit card to pay for a road trip round europe for 5 weeks to get me out of a downer in my life, worked a treat and managed to pay the card off within 6 months of coming back

    black gerbil1;2161268

    nothing, except its no existant.



    lol.... care to explain ... !!!

    hawkio;2161225

    Absolute rubbish i work for Abbey credit cards and we raise limits … Absolute rubbish i work for Abbey credit cards and we raise limits without customers even asking based upon how well they are running there accounts, most normal people ring back up and ask for it to be lowered....And in regards to the actual post......if you havent got the money dont spend it.......if ur tempted to blow the lot thats likely to effect alot of people in this forum alone in the long run, wether it be declines on new mortgages or lending people really truely need......



    yes thats happened to me credit card limit just gets increased when used a lot and pay it off immediately. Also strange is i never go overdrawn but my overdraft keeps getting higher ... are the banks trying to intice me into debt. :thinking:

    usually if you read the small print you can only use card for 50% cash advance of your cards limit, on my nationwide card limit is £10,000 and i can get £5000 cash only on it.

    I'd take my dad to Australia for the cricket. He eats sleeps walks and talks cricket. He used to play alot when i was small and still travels all over the country for it. I know to go to Australia would be his dream.

    If your about to die then just blow it on all sorts, dying in debt is the only way to beat the system nowadays, goverment will only take 40% of what you leave behind anyway

    Mum2Connor&Cerys;2160945

    Usually you have to contact them for a raise yourself.Credit card … Usually you have to contact them for a raise yourself.Credit card companies are mad anyway,they give rideculous limits to people,no wonder some get in debt.


    I have never asked for a raise on my cards and Do have silly, silly limits.

    MinstrelMan;2162440

    If your about to die then just blow it on all sorts, dying in debt is the … If your about to die then just blow it on all sorts, dying in debt is the only way to beat the system nowadays, goverment will only take 40% of what you leave behind anyway



    and what about your family?

    Banned

    bellabonkers;2162451

    and what about your family?



    yes it's a shame the way the law works ;-)

    bellabonkers;2162451

    and what about your family?



    what about my family?

    id buy some hookers and play halo with them :-D :thumbsup:

    MinstrelMan;2162668

    what about my family?



    Does your next of kin not acquire your "estate" so therefore your debt?

    Original Poster

    If the debt is in a sole name and you die with nothing in your estate then the debt dies with you, the family are not responsible for your debt.

    bellabonkers;2162451

    and what about your family?



    if your dad/mum/partner etc dies owing money on there cards, whoever is left dont have to pay it anyway its not there fault is it, and if they do try and claim it only comes out of there estate not yours.

    :thinking:I didnt know that, so how come when my friends father declared himself bankrupt and left the mother she had to pay up?
    Can anyone point me in the direction to read up on this sort of thing? ty

    bellabonkers;2162709

    :thinking:I didnt know that, so how come when my friends father declared … :thinking:I didnt know that, so how come when my friends father declared himself bankrupt and left the mother she had to pay up?Can anyone point me in the direction to read up on this sort of thing? ty



    I'm assuming it was a joint debt.

    yeh, were not talking about joint debt here thou, just about personal credit card.

    I just applied for an MBNA card last week and they offered me £8000 :w00t:

    Now is that high or not? want to be cheeky and ask others what theres are?


    Was tempted to go ona nice long holiday but i will only regreat it when i get back

    MinstrelMan;2162758

    I'm assuming it was a joint debt.



    Yeah you might be right

    I got in loadsa debt while in peterborough on a rubbish staff wage, it left my credit record in pieces...... got on my feet though and paid of 15k in the past 2 years, and now saving the same amount i was paying for a rainy day..... I now only have 1 credit card which I have which I have a mere £200 limit, which I use for petrol and pay off fully each month.

    for everything else I use my debit card.
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