How to Easily Request a Nordstrom Credit Limit Increase
If you love shopping at Nordstrom, you probably have a store credit card. Requesting a Nordstrom credit limit increase can give you the increased spending power to take full advantage of the Nordstrom Anniversary Sale while earning the extra Nordy Club points that come with using a store card.
While requesting a can be beneficial, figuring out how to do so without hurting your credit score can be tricky. Here's what you should know about requesting an increased limit on your Nordstrom credit card and how DoNotPay can make it easy.
What Is the Difference Between a Store Card and a Regular Credit Card?
Nordstrom offers its shoppers two different credit card options. They are:
- Nordstrom Visa credit card
- Nordstrom Retail credit card
Either type of card can be a great option for frequent shoppers, but they are two different products with different pros and cons.
The Nordstrom Visa card is a regular credit card that can be used anywhere that Visa is accepted. For frequent Nordstrom shoppers, this card allows you to earn Nordstrom rewards points with all of your purchases.
The Nordstrom Retail credit card is an example of a closed-loop store card. This type of card can only be used at the retailer issuing it, in this case, Nordstrom, Nordstrom Rack, and Nordstrom Trunk Club. These cards are usually easier to qualify for, which can make them a great option for those who need to build or improve their credit history.
What Should I Consider Before Requesting a Credit Limit Increase?
Requesting a credit limit increase can be a great financial move, but it can also harm your finances if you aren't careful. This is what you should consider if you're planning to ask for a credit increase soon.
|Income and Credit History||It's important to only apply for credit increases that you're likely to actually get. To get a sense of whether your increase is likely to be approved, look at your income and credit history. Specifically, consider how they have changed since you initially applied for the card. If they've improved, you're likely to be in good shape to ask for more credit. If you've recently lost your job or missed a bill payment, this may not be the right time.|
|Spending Habits||The higher your credit limit, the more important your own willpower becomes in controlling your spending. If you think a Nordstrom card with a high limit will lead to excessive purchases, you may not want to request a large increase.|
|Future Plans||Sometimes credit limits can be increased without a hard pull of your credit history, but when a hard inquiry is required, it's important to factor the timing into your future plans. Hard pulls can temporarily decrease your credit score, so it's best to avoid them if you're planning to apply for a mortgage or other large loan soon.|
How to Request a Nordstrom Credit Card Limit Increase
Cardholders will have an online account to manage their cards and the associated rewards. You can apply for a credit increase through this account.
Nordstrom doesn't provide much information about its credit approval process, but generally, the three pieces of information that you'll need to submit when you ask for a credit increase are the following.
- How much you make
- The cost of your rent or mortgage payment
- Whether you're employed, self-employed, retired, or a student.
How to Quickly Increase Your Credit Limit With DoNotPay
Increasing your credit limit can be a relatively straightforward process, but doing so without harming your credit score can be challenging. DoNotPay's fast, easy and successful credit increase product allows you to specify whether you're willing to make a hard inquiry or not. Avoid stress and protect your credit while getting the increased spending power you want.
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 six easy steps:
- Go to the Credit Limit Increase product on DoNotPay.
- Select which type of card you own and your credit provider.
- 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.
- Tell us more about your current income and expenses and why you would like to request a limit increase.
- 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.
- 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.
What Else Can DoNotPay Do?
Whatever credit card you use, DoNotPay can help you when it's time to request a limit increase. Some of those card providers are:
If you'd like to increase the limit on your Nordstrom Visa or Nordstrom Retail Card, contact DoNotPay today.