For the past few years, Apple Card and issuer Goldman Sachs has consistently ranked as one of the best “midsize” credit card issuers in the category of customer satisfaction. Millions of Americans now have an Apple Card and love it.

However, for many Apple Card holders, understanding your current credit limit is key to managing your finances responsibly — but sometimes, you need a little more spending power to cover certain expenses. That's why the Apple Card offers its users the ability to request a higher credit limit with just a few simple steps. 

If you're an Apple Card user who feels like their current credit limit isn't quite enough for their monthly expenses, learn how you can apply for an Apple Card credit limit increase and get on top of your financial goals without stress in this helpful guide.

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How to View Your Current Apple Card Credit Limit

There are two ways to do this: on your iPhone or your iPad. To view your current Apple Card credit limit on your iPhone, follow these steps:

• Open the Wallet app
• Tap on your Apple Card
• Tap the “More” button (it’s those three little dots)
• Tap the “Card Details” option (it’s the small little “i”)
• Scroll down to Card Details
• Look at Credit Limit, Available Credit, and APR

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To view your current Apple Card credit limit on your iPad, follow these steps:

• Open Settings
• Scroll down to Wallet & Apple Pay
• Tap on your Apple Card
• Tap on the Info tab
• Look under Credit Balance

What happens if your Apple Card is not working on your iPhone? We suggest you try to troubleshoot the issue with Apple first. If the problem persists, call Apple Card customer service at 877-255-5923.

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How to Increase Your Apple Card Credit Limit

When you first apply for an Apple Card, Goldman Sachs will evaluate your income and credit reports to calculate your debt-to-income ratio. A lower debt-to-income ratio tells them you can responsibly handle more debt and therefore leads to a higher credit limit.

To request an Apple Card limit increase, start by opening the Wallet app on your phone (or the Settings app on your iPad), selecting the Apple Card, tapping the "More" icon, then selecting the Message icon to send the request to Goldman Sachs.

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A representative may ask you a few questions to determine your eligibility, such as your income and whether your debt-to-income ratio has changed. Note that, in some cases, this can lead to a hard inquiry on your credit report, so prepare for your score to take a slight temporary hit.

They’ll evaluate several factors, such as your bill payment history and credit score, to determine whether to approve your request.

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Is Apple Card Worth It in 2023?

Is the Apple Card credit card good? It’s a sleek and innovative digital-first credit card that works seamlessly with the Apple Pay system on all of your Apple devices. Plus, there are no annual, late, or foreign transaction fees. 

That's a relief, right? Especially considering the card offers 3% cash back on purchases made at Apple stores or with select brands like Nike, Uber, Ace Hardware, and T-Mobile. 

Plus, cardholders earn 2% back on all other purchases made through Apple Pay and 1% back on purchases made with the physical Apple Card. The card also offers seamless integration with budgeting tools using color-coded spending history and a spending wheel.

Still not convinced it’s worth it? The Apple Card also delivers instant customer service and is available for financing Apple products without interest. So, if you’re a big Apple fan, it’s definitely worth it; if not, you might want to skip this card. 

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How to Qualify for an Apple Card Credit Limit Increase

Goldman Sachs is looking for financial responsibility like any other credit card issuer. However, you can improve your chances of a successful Apple Card credit limit increase request by following these three tips:

• Make payments on time: Regular, on-time payments can make you eligible for a higher credit limit due to your responsible borrowing behavior. Moreover, as your credit increases with proper payment practices, you may qualify for more competitive rates and rewards from Apple Card.
• Keep your balance low: Having a low balance demonstrates responsible spending habits, which is important when banks consider increasing your credit limit. Paying off bills and other debts on time shows that you can manage your money well and can likely handle additional credit responsibly. 
• Use your card often: As you make purchases with your card, the bank earns transaction fees, making them more likely to increase your spending limit. This can lead to greater financial flexibility and opportunities to access exclusive rewards Apple offers. Additionally, regularly using the card can help you establish a track record of positive borrowing history.

Use your Apple Card consistently for small purchases and pay your balance on time, and you should be fine as long as your credit score is decent.

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When to Request a Credit Limit Increase

You can typically request a credit limit after having the card for at least six months. This gives you enough time to build credit and payment history with Apple and Goldman Sachs. However, it’s best to request a credit limit increase only when you meet the following requirements:

• Your credit score is above 660
• Your credit utilization rate is below 30%
• You’ve consistently made on-time payments

While failure to meet these requirements doesn’t automatically guarantee a credit limit increase denial, it is tough for most credit card issuers to justify increasing your limit if you can’t meet these basic requirements.

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What to Do if Your Credit Limit Increase is Denied

Even if you've been dutifully paying your bills on time and your finances have improved, things like outstanding debts, your track record with the credit card, and the overall economic climate could all play a part in holding you back.

Unfortunately, securing a credit limit increase can be even more challenging during economic turbulence. For example, when the pandemic hit, many credit card companies went into overdrive, slashing credit limits to stave off the risk of customers defaulting on their payments.

If you do get denied a credit limit increase, don't worry! Before making any new financial decisions, check your credit score and financial history to see if any errors or issues are holding you back.

Some quick wins could be found by disputing any incorrect information on your credit reports, paying off other loans and credit card debts, or catching up on any overdue payments. 

And if all else fails, you could consider applying for a new credit card. In fact, in some cases, it could be easier to get approved for a brand-new card (especially a secured card) than for a modest credit limit increase on an existing card. Don't write off this option, especially if your credit isn't “great” or even “good.”

If you were denied because of a low credit score and you don’t want to risk applying for another card, consider a credit builder loan.

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Boost Your Credit With Cheese Credit Builder

Cheese is the perfect solution if you're looking for a way to boost your credit score. Our easy-to-use credit builder app offers access to credit builder loans, making it simple and straightforward for you to achieve an improved credit rating. 

We report every payment you make to all the major credit bureaus, so your score will steadily increase with each payment. Not only that, but when the loan is paid off in full (minus interest), you get the payments back in full, too — it's a win-win! 

Take control of your finances today and start reaping the rewards of using Cheese.

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