How to Increase Your Apple Card Credit Limit

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Is Your Apple Card Limit Too Low? DoNotPay Is Here to Help!

Most of us know the feeling of wanting to buy something, but the cost is just out of our budget. Our credit card won't cover it, and the money in our bank account is only for essential purchases. Getting a credit limit increase can be challenging too, so how can you manage to get an Apple Card credit limit increase?

DoNotPay is one of the easiest ways to get a credit limit increase for your Apple Card. You'll hardly have to do any work because we'll do most of it for you. Instead of calling and trying to prove you need the increase and why just sign up for and let us do it.

How Apple Card Credit Limit Increases Work

Typically, one has to negotiate with the card company to increase a credit limit. A credit limit is an amount you can borrow on a credit card to purchase items. The credit limit presented to someone is based on credit score, debt-to-income ratio, and how much money someone made each month.

The company determined a credit limit increase the same way, but a few more factors go into the process, such as:

  • If you've paid your credit card bill on time consistently
  • How much of your credit you've utilized
  • If your credit score has gotten better

The process is pretty much the same as applying for a credit card. To request a credit limit increase, you might have to write a letter to the company. In this case, the credit card company Apple uses is Goldman Sachs', which is who you'll be sending your request. You can also complete this process through the Wallet app on any iPhone.

About Apple Card by Goldman Sachs

The Apple Credit Card is issued through Goldman Sachs, an American multinational investment bank located in New York, New York. The Apple Card was first launched in August 2019 and currently has over three million users. The card can be used on almost anything, including groceries and large purchases, online or in-person.

Who Can Request a Higher Credit Limit?

Technically anyone can request a higher credit limit unless you've only had your Apple Card for a few months. Credit card companies typically won't hand out a credit limit increase to someone they don't know they can trust to make payments. However, requesting a higher credit limit does not mean you'll automatically get approved for it.

A few things that make the likelihood of getting a credit limit increase with Goldman Sachs' include:

  • Increased credit score
  • Decreased debt-to-income ratio
  • On-time payments
  • Increased income

While these won't guarantee approval, they significantly increase your chances.

What Information Will Goldman Sachs' Ask For?

Goldman Sachs' will ask for the same information you gave when you first applied for your Apple Card. They'll want to know if your income has changed, why you want a credit limit increase, and they'll likely look at your credit score and debt-to-income ratio again.

Things to Consider Before Requesting a Credit Limit Increase from Apple

A credit limit increase can negatively affect your credit score, but that doesn't mean it will have a positive effect. Here are a few things you should consider before requesting a credit limit increase with Goldman Sachs:

Hard credit pullMany credit card companies will do a hard pull on your credit, which can negatively impact your credit score. Goldman Sachs' is one of the companies that do this.
Your debt-to-income ratioYou have to be sure a credit limit increase is something you can afford because utilizing more of your credit limit can mean higher credit card payments.
Think about the temptation you may feel tooWith more money to borrow, you may be tempted to use more than you can afford, possibly maxing out your credit card, which can negatively impact your credit score.

Don't be scared by these factors, though. If a hard pull impacts your credit score, you can always bring it up by keeping your DTI ratio low and making your payments on time.

How to Request an Apple Card Credit Limit Increase From Goldman Sachs’ on Your Own

Requesting a credit limit increase from Goldman Sachs isn't necessarily hard, but it can be frustrating. Figuring out what to say in your message can be confusing and time-consuming for you if you've never done it before.

Here is a step-by-step process to requesting an increase:

  1. Open the Wallet app on your iPhone or iPad
  2. Click on the Apple Card
  3. Tap the More icon, which is the button with three vertical dots
  4. Select the Message icon and send a request to Goldman Sachs'

Goldman Sachs' may not send you an approval or denial for a few weeks, but that's all you have to do. While it seems relatively easy, it's hard to figure out what to say exactly. Wouldn't it be much easier for someone to send the message to you?

Get Your Apple Card Credit Limit Increase With the Help of DoNotPay

DoNotPay is essentially an online lawyer that can help you with almost any problem, including requesting an Apple Card credit limit increase from Goldman Sachs'. It's so easy you may as well be doing nothing at all.

How to request higher credit limits using DoNotPay:

If you want to request higher credit limits but don't know where to start, DoNotPay has you covered in 6 easy steps:

  1. Go to the Credit Limit Increase product on DoNotPay.
  2. Select which type of card you own and your credit provider.
  3. Tell us more about your card, such as when you first created this card, your current credit limit, what you would like your new limit to be, your card number, and whether you've missed past payments.
  4. Tell us more about your current income and expenses and why you would like to request a limit increase.
  5. Indicate whether you want to allow hard inquiries to be made into your credit history. Upload a copy of your ID and provide your e-signature.
  6. Submit your task. DoNotPay will deliver the request letter on your behalf. You should hear back from the card provider with confirmation or a request for more information within a few weeks.

Why Use DoNotPay to Request a Credit Limit Increase

The answer to this is simple. DoNotPay can handle nearly all the steps for you easily, fast, and successfully. There isn't a better way to get things done, so be sure to take advantage of it.

DoNotPay can also help handle many other credit limit increases, including increases with other banks such as:

What Else Can DoNotPay Do?

DoNotPay can do many different things, depending on the problem you're facing. Aside from requesting a credit limit increase, DoNotPay can also help you file a complaint and apply for a credit card. Isn't that amazing?

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