Thinking about asking for a credit limit increase? It can be a smart move if you're managing your credit well, since a higher limit can improve your credit utilization ratio. Just remember that it often triggers a hard inquiry on your credit report, so timing matters. Also, you'll want to be sure you won't be tempted to overspend; a bigger limit is only helpful if you keep your balances low. Many banks let you request an increase online without a call, and it's usually a quick decision if you'v… credit limit increase 11