Changing my credit limit
There are different credit limits for different types of cards.
| Product type | Minimum limit | Maximum limit |
|---|---|---|
| Platinum credit cards | $8,000 | $100,000 |
| Gold credit cards | $5,000 | $50,000 |
| Other credit cards | $1,000 | $30,000 |
We will always undertake an assessment of your financial situation to ensure that we feel comfortable increasing your limit but it is important that you also assess how large a credit limit you are comfortable with.
We may offer you an increase to your credit limit
If your account is in good order, we may invite you to apply for a credit limit increase to provide you greater flexibility in how you manage your finances. We will take into account how you are managing your current repayments and any recent credit limit changes to your account. You can choose to accept the invitation, specify a lower limit or decline the offer.
Ways to apply
- Online - existing personal online banking customers can sign in and complete this application online. Once you have signed in, your personal details are automatically (and securely) included in the form, so there is less data for you to fill in. Once you submit the form you'll get a decision within 60 seconds.
- Over the phone - if you are not a personal Online Banking customer, you can apply for a credit limit increase by calling 1300 651 089. In most cases a decision can be made within 15 minutes and a confirmation letter will be sent .
How do I decrease my credit limit?
You may want to decrease your credit limit to help you manage your spending. Call us on 1300 651 089 and we'll do it immediately.
