I am almost 20 and have had a credit card since I was 18, I was working (officially) since I got my chequing account in early teens. I have been with TD Canada Trust ever since (Canada). Now I want to take a year off and go back home to another country.
I have a credit limit of $1,000 at the moment and I am almost always on the edge of maxing it out every month (I make payments as necessary every month, never been late) due to my spendings (each time different cases). Now since I am also going away I want some security in case I need some extra cash or need to make a purchase larger than my limit.
Should I rather call and ask for my limit to be made higher, or should I go with another bank and get a credit card there as well. How will my decisions impact my credit scores for future.
I like second option because I feel safer by keeping my eggs in seperate baskets.