ByHow to Successfully Raise Your Credit Limit on a Gamestop Credit Card
Do you have a GameStop credit card with a lower limit? If so, you might be interested in raising your credit limit. A limit increase can make it easier to afford the latest games as they come out, but it can also be a simple and easy way to give your credit score a boost. However, requesting a credit limit increase isn't always an easy process. There are specific requirements that must be met for an issuer to approve an increase. Not only this, but not all companies have an option for their cardholders to increase their limit.
Here at DoNotPay, we aim to make everything faster, easier, and more successful for you. If you want to , read on to learn how to make a request and why DoNotPay is the best option.
About GameStop Credit Card
GameStop is an American video game, consumer electronics, and gaming merchandise retailer. GameStop was founded in 1984 in Dallas, Texas, and is currently headquartered in Grapevine, Texas. GameStop is most notable for offering the latest games and consoles on the market for consumers. They now have a Powerup Rewards Credit Card, making it easier for consumers to purchase.
Those who become a cardholder will get to take advantage of a variety of benefits, including:
- Easy purchases online and in-store
- No annual fees
- Exclusive offers
When Can I Request a Credit Limit Increase From GameStop?
GameStop does not provide much information on how cardholders can increase their credit limit or when a request can be made. According to their FAQs page, those who want assistance requesting a credit limit increase will need to call for help. You can call their Customer Care at 1-855-497-8168.
With that said, it appears that cardholders can request a credit limit increase at any time, but all additions will need to be done over the phone with the assistance of a customer care representative.
Are You Eligible for an Increase in Your Credit Limit?
Before requesting a credit limit increase on any business card, it's essential to make sure that you're financially ready. Among some of the most important factors to go over are:
| Your Payment History | If you've been able to make all of your card payments on time, every time, you're likely ready for the increased responsibility of a higher credit limit. |
| The Potential Impact of a Hard Pull on Your Credit Score | Requesting a higher credit limit for any business credit card will likely initiate a hard inquiry on your credit report. If you're just starting to build your credit, having a hard inquiry now could knock more points off of your score. Cardholders with extensive credit histories are less affected by challenging questions. |
| Your Current Financial Standing | If you've recently lost your job, lost a significant customer, or experienced other adverse changes in your personal or business finances, it may be best to wait for things to level off before applying. Having consistent income and being in good standing with all of your creditors will give you the greatest likelihood of getting a credit limit increase. |
| How Increased Spending Power Will Impact Your Business | Getting a higher credit limit on your card could significantly improve your bottom line. With extra money at your disposal, you can implement more aggressive marketing campaigns, expand your inventory, or invest in much-needed equipment, tools, and other resources. If getting a credit limit increase will make your business more profitable and better able to meet your clients’ needs, use DoNotPay to get the process started today. |
Things to Consider Before Requesting a Credit Limit Increase With GameStop
Before calling GameStop's Customer Care to request a credit limit increase, there are a few things that you should consider before moving forward.
Timing
One of the first things to consider before requesting a credit limit increase is timing. You should not request a boost if the following has occurred:
- You recently opened your credit account with GameStop.
- You recently requested a credit limit increase.
Hard Pull vs. Soft Pull
An issuer may do two types of credit pulls when determining your eligibility for a credit limit increase. This includes a soft pull and a hard pull. A soft pull doesn't affect your credit score, but a hard pull will. GameStop does not specify whether to conduct a hard or soft pull for limit increases. It's best to ask a Customer Care representative before starting your application for an enlargement.
Credit Score and Payment History
Your credit score and payment history have the most significant influence on a successful credit limit increase. For this reason, be sure to check your credit score to ensure that it is in good standing and that you are building a consistent history of on-time payments before making a request.
Successfully Make a Request With DoNotPay
Do you want DoNotPay to request a credit limit increase on your behalf? Getting a credit limit increase on your own doesn't always come without complications. Some cardholders don't understand the key factors that go into a credit limit increase, or they just don't have the time to do it. Luckily, DoNotPay has you covered.
If you want to request an increase on your GameStop credit card successfully, just follow these six 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.
Easily Make a Request for Other Credit Cards Too
That's certainly not all. DoNotPay works across all companies, entities, and groups and can help you quickly make a request for an increase for other companies as well. Some companies we've had success with include:
- Chase
- Capital One
- American Express
- Apple Card
- Bank of America
- Discover
- Citi Bank
- Wells Fargo
- Credit One