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How To Increase Your Credit Limit DRAMATICALLYThe card issuer set your credit limit when you opened your account, and it likely won't increase the limit in the first couple of months. You can likely only ask for an increase on one card at a time every six months. You can't ask for a raise on all of them at once. Applications are commonly restricted to one every six months; however, the frequency and other parameters will vary by lender. If approved for a credit limit.