Subscribe
Logo
Logo
  • Topics Icon Topics
    • AI Icon AI
    • Banking Icon Banking
    • Blockchain/DeFi Icon Blockchain/DeFi
    • Embedded Finance Icon Embedded Finance
    • Fraud/Identity Icon Fraud/Identity
    • Investing Icon Investing
    • Lending Icon Lending
    • Payments Icon Payments
    • Regulation Icon Regulation
    • Startups Icon Startups
  • Podcasts Icon Podcasts
  • Products Icon Products
    • Webinars Icon Webinars
    • White Papers Icon White Papers
  • TechWire Icon TechWire
  • Search
  • Subscribe
Reading
Banks Increasing Credit Card Limits on Customers
ShareTweet
Home
Fintech
Banks Increasing Credit Card Limits on Customers

Banks Increasing Credit Card Limits on Customers

Emily Donato·
FintechNews RoundupUSA
·Jan. 23, 2020·1 min read

Some banks have recently started automatically increasing credit card limits for customers; the credit card companies hope that doing so will increase their profits; Capital One is one bank that previously didn’t increase limits automatically but began doing so in 2018; some warn that this isn’t a good practice while the banks provide the counter argument that it is good customer service and that they raise limits carefully; data shows that outstanding card borrowing has surpassed what we saw before the financial crisis; at the end of September it totaled $880 billion according to New York Fed’s consumer credit panel; this not surprisingly has led to more profits at the biggest banks like Capital One, JPMorgan and Citigroup. American Banker

  • Emily Donato
    Emily Donato

    With efforts in many different areas of the team, she helps manage, organize and execute digital and event content. She works with webinars, podcasts, social media along with managing the hundreds of speakers that attend our conferences. Emily was a part of the Zimmerman Advertising Program at the University of South Florida. She graduated in 2019 receiving a Bachelor of Science in Business Advertising.

    View all posts
Tags
Capital OneCitigroupcredit cardJPMorganlimits
Related

Generation Z has it tougher than millennials: TransUnion report

man looking at laptop and phone

CashBack+ adds banking option, boosts credit union members’ balances

Newer payment options boost merchant satisfaction: study

first republic

JPMorgan swoops in, snapping up First Republic’s remains

Popular Posts

Today:

  • Alloy President Laura SpiekermanAlloy President Laura Spiekerman on Agentic AI and Identity Risk Apr. 2, 2026
  • Fintech Nexus – Newsletter Creative (2)Building the Bot Workforce May. 28, 2025
  • Jon StonaTips from Airwallex x McLaren on Making the Best of a Fintech Sponsorship  Jun. 18, 2025
  • LA Tech WeekBehind the Curtain of LA Tech Week Oct. 22, 2025
  • Money 20:20 Show FloorStablecoin Chatter Dominates at Money 20/20 Oct. 30, 2025
  • FundedFunded: Grasp raises $7M Series A to replace spreadsheet grind with AI-powered analysts Oct. 31, 2025
  • FNWhy Your Loan Portfolio Models Are Lying to You (And What to Do About It) Nov. 4, 2025
  • Basis CofoundersFUNDED: Basis Lands $100M as AI Agents Move From Copilots to Full Workflows in Accounting  Feb. 27, 2026
  • imageAbacum’s CEO: The Future of Finance Looks Like Product Mar. 5, 2026
  • Darren Louie (1)OPINION: AI is about to get your credit card. Who signs off? Mar. 26, 2026

This month:

  • Alloy President Laura SpiekermanAlloy President Laura Spiekerman on Agentic AI and Identity Risk Apr. 2, 2026
  • peter2The Flipping Point: Why Fintech Meetup 2026 Marked the End of AI Hype Apr. 6, 2026
  • FN2What Fintech Events Are Missing — And How to Get More Out of Them Mar. 19, 2026
  • FN1No Backspace in the Physical World – Building AI for 5,000-lb Machines Apr. 9, 2026
  • HumanX_recapHumanX: Between Prophecy and Procurement Apr. 9, 2026
  • FN1Pigment co-CEO Eléonore Crespo wants to give CFOs superpowers Mar. 19, 2026
  • Darren Louie (1)OPINION: AI is about to get your credit card. Who signs off? Mar. 26, 2026
  • FNThursHoneycomb CEO on the 30-second fix that took hours Mar. 26, 2026
  • FNThe Bank Charter Gold Rush: What’s Really Happening and What it Means for Banking Feb. 12, 2026
  • FNOura’s CEO Tom Hale on Democratizing Health with AI and Data Mar. 12, 2026

More News
  • About
  • Contact
  • Disclaimer
  • Privacy Policy
  • Terms
Subscribe
Copyright © 2026 Fintech Nexus
  • Topics
    • AI
    • Banking
    • Blockchain/DeFi
    • Embedded Finance
    • Fraud/Identity
    • Investing
    • Lending
    • Payments
    • Regulation
    • Startups
  • Podcasts
  • Products
    • Webinars
    • White Papers
  • TechWire
  • Contact Us
Start typing to see results or hit ESC to close
lis digital banking USA Lending Club UK
See all results