How often can I request a credit increase?

There is no hard and fast rule that governs credit increases. But ideally, you want to wait at least six months after each credit limit increase request.

Is the Apple credit card worth keeping?

The no-annual-fee Apple Card is worth keeping if you use Apple Pay and purchase Apple products from time to time because of the cash back it offers.

Is the Apple credit card worth the hard pull?

When you apply for an Apple Card, Goldman Sachs will initially perform a soft credit inquiry. But if your application is approved and you accept their offer, the bank will follow up with a hard credit inquiry, which can cause your credit score to drop by a few points. But if you have good or excellent credit and make all your payments on time, it should be easy to bring your score back up relatively quickly. So, yes, the Apple Card is worth the hard pull if you’re on top of your finances and wish to earn cash back.

What are good Apple credit card alternatives?

Some good alternatives to the Apple Card include the Capital One SavorOne Rewards Card, the Amazon Prime Rewards Visa Signature Card and the American Express Blue Cash Everyday Card.

What is the Apple Card’s credit limit?

The lowest limit you might get through your new Apple Card is $250. On the other hand, some users have reported receiving credit limits upward of $20,000.

How do I pay my Apple Card bill?

You can pay your Apple Card bill by making one-time payments or setting up recurring payments through the Wallet app. If you don't have a compatible iPhone or iPad, you may visit http://card.apple.com/ to pay your bill.

What happens if you go over your credit limit?

If you're using an Apple Card to make a purchase that exceeds your card's available limit, there's little chance that the transaction will go through. However, recurring transactions or interest charges and fees may cause your account to go over the limit. In any case, should your account go over the limit, you don't have to pay any over-the-limit fee.

What if my credit limit is not enough to pay for an Apple product?

If the credit limit on your Apple Card is not enough to cover the cost of an Apple product, you may consider paying a portion in cash and financing the rest based on whether you qualify. Bear in mind that the financing will not be linked to your Apple Card. Using the company’s trade-in program might be of help, or you’ll need to think about using a different payment method.

Does Apple credit card accept balance transfers?

No. The Apple Card doesn’t let you transfer balances from other cards.

How to Increase the Credit Limit of Your Apple Card

The content on this page is accurate as of the posting date; however, some of the offers mentioned may have expired.

The no-annual-fee Apple Card from Goldman Sachs comes with a range of benefits, and a higher credit limit enables you to make the most of what’s on offer. With an increased limit, you can use your card more liberally without negatively affecting your credit utilization ratio.

You may request an Apple Card credit limit increase online or over the phone. Some cardholders get automatic increases, although there are no published guidelines surrounding who may receive one.

Whether you get an Apple Card credit limit increase automatically or ask for one on your own, you don’t have to worry about a hard credit pull. Goldman Sachs, the card’s issuer, only carries out soft pulls for credit limit increase requests.

If Goldman Sachs declines to raise your credit limit, you can always resubmit your request. However, it’s best to take steps to remedy any issues that may have led to the rejection before doing so. Applying for a new card is also an option.

MoneyGeek’s Takeaways

Using your Apple Card responsibly might result in an automatic credit limit increase.

You may submit a request for an Apple Card credit limit increase online or over the phone.

A good credit score and making payments on time will increase the odds of approval.

How to Request a Credit Increase With Your Apple Card

You may request a credit limit increase on your Apple Card online or over the phone. If you plan to call, the number to use is 877-255-5923. Submitting an online request is possible by using your iPhone or iPad.

iPhone

In the Wallet app, select Apple Card.

Select the More button, followed by the Message button.

Request a higher credit limit by typing a message.

Send your message.

iPad

In the Settings app, select Wallet & Apple Pay.

Select Apple Card, followed by the Info tab.

Select the Message button.

Request a higher credit limit by typing a message.

Send your message.

>>MORE: HOW TO GET A HIGHER CREDIT LIMIT

Will My Apple Card Automatically Receive a Credit Limit Increase?

There are instances when Apple Card holders receive automatic credit limit increases. While Goldman Sachs doesn’t have published guidelines surrounding who might qualify, you can increase the likelihood of getting one by following a few best practices.

Pay on time
Make sure you don't make late or returned payments.
Keep a low balance
Keep your card's outstanding balance to less than 30% of the card's credit limit.
Use it often
Even though this card has no annual fees, the bank still makes money each time you use your card through transaction fees. When you use your card regularly, the bank stands to make more money. Offering a higher credit limit encourages you to use your card even more.

When Should I Request a Credit Limit Increase?

You typically need a payment history of six months or more with your Apple Card before you may qualify for a credit limit increase. However, other factors affect the outcome of your request too. For instance, a recent pay hike might work in your favor.

Your credit utilization ratio should be below 30%
Your credit utilization ratio reflects how much you owe compared to your total available credit. If you have two cards with a combined credit limit of $10,000 and owe a total of $5,000, your credit utilization ratio is 50%. This number should be below 30%, not just for your Apple Card but for all your cards.
Your credit score should be over 660
Just as when you apply for the Apple Card, there's a possibility that Goldman Sachs will approve your credit limit increase request if your FICO score is above 660. However, you stand a better chance if it's over 700.
Payments should be on time
Making on-time payments toward the balance on your Apple Card is key if you hope to qualify for a higher credit limit.

Timing can play an important role in getting approved for an Apple Card credit limit increase. For example, if there’s been a significant improvement in your credit score recently, consider going ahead with your request. However, it’s likely not the best time to ask for an increase if you’ve noticed a dip in your score — whether due to a late payment, a high credit utilization ratio, or something else.

Factors That Determine Credit Limit Increases or Decreases

You make timely payments
You maintain a low outstanding balance
Your credit score has improved
Your income has increased

Your account shows late/returned payments
You maintain a high outstanding balance
You don’t use your card often
Someone has stolen your identity

>> More: What Is a Credit Limit and What Factors Determine It?

What to Do if the Request Is Denied

Goldman Sachs might deny your Apple Card credit limit increase request for different reasons. These include:

You missed making payments.
You’ve made late or returned payments.
You’ve accumulated a significant amount of debt.
You have insufficient income.
You have a low credit score.
You’ve submitted multiple applications for credit in the recent past.

If Goldman Sachs rejects your request, consider submitting another request after six months. In the interim, it’s best to make a concerted effort to address the problems that caused the initial denial. For instance, if you have average creditworthiness, you’ll want to work on improving it by making all your payments on time and paying off as much of your debt as possible.

Another option is to apply for a new card from a different issuer after comparing your options.

MONEYGEEK EXPERT TIP

Raising your credit score is a marathon, not a spring. Good financial habits like paying your bills in full on time each month and progressively using your allotted credit efficiently will get you a credit score that is regularly on the rise. — Brett Holzhauer, contributing expert for MoneyGeek

Who Is the Apple Credit Card For?

The no-annual-fee Apple Card is best suited for people who use Apple products and wish to earn high cash back. This card offers 3% cash back on Apple purchases and purchases made through partner merchants. Using Apple Pay to make all other purchases comes with 2% cash back. Making interest-free monthly payments for Apple products is possible. This card does away with foreign transaction fees, making it ideal to use outside the U.S. However, it doesn’t offer a welcome bonus, purchase protection, extended warranty or travel coverage.

Pros and Cons of the Apple Card

Pros

No annual fees
No foreign transaction fees
3% cash back on Apple purchases
3% cash back on purchases at select merchants
2% cash back on all other purchases made using Apple Pay
Interest-free monthly installments for Apple purchases

Cons

No welcome bonus
No balance transfers
No intro low APR offer
No purchase protection
No travel insurance

Apple Credit Card Alternatives

Several credit card issuers offer you the ability to earn cash back/rewards without paying any annual fees. One such card is the Capital One SavorOne Rewards Card, which offers cash back on purchases within select bonus categories. Other cards — such as the American Express Blue Cash Preferred Card — charge a nominal annual fee and, in return, offer higher rewards and more perks.

Alternative Credit Cards That Offer Rewards

Credit Card Name	Rewards Rate	Annual Fee
Capital One SavorOne Rewards Card	3% cash back at grocery stores 3% cash back on dining, popular streaming services and entertainment 1% cash back on all other purchases	$0
Amazon Prime Rewards Visa Signature Card	5% back at Amazon.com 5% back at Whole Foods Market 2% back at gas stations, restaurants and drugstores 1% back on all other purchases	$0
American Express Blue Cash Everyday Card	3% cash back on groceries at U.S. supermarkets (on up to $6,000 per year) 3% cash back on online retail purchases in the U.S. (on up to $6,000 per year) 3% cash back on gas at U.S. gas stations (on up to $6,000 per year) 1% cash back on all other purchases	$0
American Express Blue Cash Preferred Card	6% cash back on groceries at U.S. supermarkets (on up to $6,000 per year) 6% cash back on select U.S. streaming subscriptions 3% cash back on transit (includes rideshare, taxis, buses, buses, parking and tolls) 3% cash back on gas at U.S. gas stations 1% cash back on all other purchases	$95

Capital One SavorOne Rewards Card - A good cash back card for international travelers
The no-annual-fee Capital One SavorOne Rewards Card offers new cardholders a $200 early-spend cash bonus if they spend $500 on purchases in the first three months. An intro 0% APR offer applies on purchases and balance transfers for the first 15 months. You can earn up to 3% cash back through category-based spending. This card doesn’t charge foreign transaction fees. It comes with complimentary extended warranty coverage and travel accident insurance.

Amazon Prime Rewards Visa Signature Card - A great card for Amazon Prime members
The Amazon Prime Rewards Visa Signature Card charges no annual or foreign transaction fees. Cardholders with an eligible Prime membership can earn 5% cash back at Amazon.com and Whole Foods Market. There are other bonus categories too. Cardholders may also benefit through complimentary purchase protection, extended warranty protection, auto rental collision damage waiver, roadside dispatch, baggage delay insurance, lost luggage reimbursement, travel accident insurance, and travel and emergency assistance.

American Express Blue Cash Everyday Card - Good for earning cash back in the U.S.
The no-annual-fee American Express Blue Cash Everyday Card lets you earn a $200 welcome bonus if you spend $2,000 on purchases in the first six months. The card also offers a 0% APR introductory APR on purchases and balance transfers for the first 15 months. As you spend, you can earn up to 3% cash back when you spend on bonus categories.

American Express Blue Cash Preferred Card - Great for earning high cash back in the U.S.
The American Express Blue Cash Preferred Card offers new cardholders a $350 welcome bonus if they spend $3,000 on purchases in the first six months of card membership. In addition, cardholders get an intro 0% APR on purchases and balance transfers for the first 12 months. You can earn up to 6% cash back through category-based spending.

Other Cards to Consider

Best Cash Back Cards

Best Rewards Credit Cards

Best Travel Credit Cards

How to Increase the Credit Limit of Your Apple Card

On This Page:

On This Page:

MoneyGeek’s Takeaways

How to Request a Credit Increase With Your Apple Card

iPhone

In the Wallet app, select Apple Card.

Select the More button, followed by the Message button.

Request a higher credit limit by typing a message.

Send your message.

iPad

In the Settings app, select Wallet & Apple Pay.

Select Apple Card, followed by the Info tab.

Select the Message button.

Request a higher credit limit by typing a message.

Send your message.

>>MORE: HOW TO GET A HIGHER CREDIT LIMIT

Will My Apple Card Automatically Receive a Credit Limit Increase?

When Should I Request a Credit Limit Increase?

Factors That Determine Credit Limit Increases or Decreases

>> More: What Is a Credit Limit and What Factors Determine It?

What to Do if the Request Is Denied

Who Is the Apple Credit Card For?

Pros and Cons of the Apple Card

Apple Credit Card Alternatives

Alternative Credit Cards That Offer Rewards

Other Cards to Consider

Other Questions You May Have About Apple Card Increases

Next Steps

Learn More About Credit Card Processes