Maybe this is a guideline and not a law? Increased limits has happened to me multiple times. I have to call and have the limit reduced. On Sat, 31 Jan 2026 at 12:55, John Sellens <jsellens@syonex.com> wrote:
On Fri, 2026/01/30 04:44:57PM -0500, Don Tai via Talk < talk@lists.gtalug.org> wrote: | credit card companies have a nasty habit of auto-increasing our limits, by | a lot. It is in their best interest to provide you with the max limit | possible. They can do this without asking you.
Not in Canada: "6.(1) An institution may not increase the credit limit on a borrower’s credit card account without first obtaining the borrower’s express consent to do so."
https://www.canada.ca/en/financial-consumer-agency/services/industry/commiss...
(This is perhaps a little off-topic ...)
Cheers
John