Barclaycard slashed credit limit from £6,500 to £250.

Barclaycard slashed credit limit from £6,500 to £250.

The only reason we can think of is that we are in a dispute about a £500 refund for a cancelled flight
Barclaycard Visa in use.
At least 100,000 Barclaycard users have had their credit limit reduced.
Can you ask Barclaycard to explain its bizarre decision to slash my husband’s credit limit from £6,500 to £250? He has held the card for many years and paid the balance in full every month. No explanation has been offered. We are retired and our income hasn’t changed.

The only reason we can think of is that we are embroiled in a long discussion with Barclaycard about a £500 refund for a cancelled flight with Iberia that we booked more than a year ago with the card.

A credit card with a £250 credit limit is somewhat useless. What on earth is going on?

At least 100,000 Barclaycard customers, many long standing, have reportedly been affected. Many – like you – have been given a completely useless £250 credit limit.

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