One of the Apple Card's greatest strengths is how it simplifies the credit card experience, and a prime example of this is how it handles credit limit increases. While it may not have the best cashback rates or benefits, there's a lot that the Apple Card gets right. It's incredibly easy to sign up for, has one of the best app interfaces on the market, and integrates seamlessly throughout the Apple ecosystem. Whether someone has an iPhone or multiple Apple gadgets, adding the Apple Card to the mix is a good idea.
At the end of the day, however, the Apple Card is still just another credit card. That means anyone who owns one needs to make all of their payments on time, avoid monthly interest charges, and generally keep their account in good standing. Another factor folks need to consider is the credit limit for their Apple Card. Upon applying and being approved for the card, each user is given a set limit for how much money they can spend on it. This can be as little as $300, $1000, or as much as $5000 or more. If someone isn't pleased with the credit limit they receive for their Apple Card, there is a quick and easy way to request a larger one.
Per Apple's instructions, requesting a higher credit limit for the Apple Card takes just a couple of minutes. Open the Apple Wallet app on your iPhone, tap the Apple Card, tap the three dots in the top-right corner, and tap 'Message.' This automatically opens an iMessage conversation with Apple. From here, users can type out a message requesting a higher credit limit, tap the send button once finished, and wait for an Apple Card representative to respond. Apple Card Family users can follow these same steps to request a credit limit increase, though only owners and co-owners are authorized to make the request.
Tips To Increase Your Chances Of A Credit Limit Increase
While requesting a credit increase is easy enough, whether or not Apple approves that request varies from user to user. Payment history is the largest factor that'll be considered. If someone has made all of their payments on time without missing a single one, there's a good chance their request gets approved. If another person with multiple missed payments requests an increase, they'll likely be denied. Apple further notes that most Apple Card members need "up to six months or more of payment history with Apple Card" before they're considered for additional credit.
That's about all there is to it! Wait at least six months — or even a year if possible — and be honest with the Apple representative about why you want more credit than what's currently available. Maybe it's to have enough funds to purchase a new iPhone when it comes out. It could also be to have a lower credit utilization rate than what the current limit allows. So long as someone waits the appropriate amount of time and has properly maintained their account, getting a credit increase for the Apple Card should be a piece of cake.
Source: Apple