My bank (Which Bank? Yep, that one) has again informed me that I am eligible for an increased limit on my credit card. This is somewhat concerning and confusing because:
a) I am not living in Australia;
b) I have used my credit card about 3 times in the last 6 months for a grand total of about $300, and have
c) Generally repaid the balance late, simply because I forgot;
d) My savings account has (much) more money going out than in (courtesy of a mortgage that is generating lots of interest for said bank);
e) I have ignored every invitation to increase my credit limit in the the last 10 years – something which came about much less frequently when I was earning a wage and making my repayments on time without incurring interest.
I think the banks could do better.