Credit limit increase
Whether you’re booking flights, upgrading your living space, or taking your car for a service, a higher credit limit can give you the freedom to do more.
Simply request your credit limit increase on the Banking App today.
Increase Limit on App
*Network costs apply only to downloading the app
Some of the Benefits
Handle emergencies
Unexpected costs? A higher limit can give you a financial cushion when you need it most
Greater flexibility
Extra funds mean you can book your holiday, plan a wedding, or furnish your home without maxing out your credit card
Extra rewards
More spending room means more opportunity to earn UCount Rewards Points and to make the most from your credit card rewards
Convenient
Increase your limit in 5 minutes on your Banking App to adjust to your circumstances
How it works
- The credit limit increase is based on your account and credit history
- Approval is subject to credit checks and compliance with the Financial Intelligence Centre Act (FICA)
- If you do not qualify for the increase, you may be declined. In such cases, you can contact us to explore other options, such as reallocating credit from other cards you hold with us or other banks by doing a Balance Transfer
- A new limit usually becomes active within 5 minutes after the application process is done if there are zero outstanding documents
- Subject to a bureau check, you may be required to produce a confirmation of income, such as a payslip
- The credit limit increase may also affect your monthly fees and repayment terms depending on your card type
What it costs
- There are no service or admin fees involved to increase your limit
- Your increase may affect your monthly repayment amount
- To see your monthly Credit Card fees, visit our pricing guide
How to get it
Our credit limit increase option is only available if you have an existing Standard Bank Credit Card. All limit increases are based on your card account and credit history*.
How to apply:
- Sign into your Standard Bank App
- Tap on your Credit Card Tile in the Accounts section
- Next, tap on ‘Apply’ on the ‘Credit Limit Increase’ tile
- Follow the prompts to find out how much you qualify for
- Personalise your offer and complete your application
* T&Cs apply.
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How it works
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What it costs
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How to get it
- The credit limit increase is based on your account and credit history
- Approval is subject to credit checks and compliance with the Financial Intelligence Centre Act (FICA)
- If you do not qualify for the increase, you may be declined. In such cases, you can contact us to explore other options, such as reallocating credit from other cards you hold with us or other banks by doing a Balance Transfer
- A new limit usually becomes active within 5 minutes after the application process is done if there are zero outstanding documents
- Subject to a bureau check, you may be required to produce a confirmation of income, such as a payslip
- The credit limit increase may also affect your monthly fees and repayment terms depending on your card type
- There are no service or admin fees involved to increase your limit
- Your increase may affect your monthly repayment amount
- To see your monthly Credit Card fees, visit our pricing guide
Our credit limit increase option is only available if you have an existing Standard Bank Credit Card. All limit increases are based on your card account and credit history*.
How to apply:
- Sign into your Standard Bank App
- Tap on your Credit Card Tile in the Accounts section
- Next, tap on ‘Apply’ on the ‘Credit Limit Increase’ tile
- Follow the prompts to find out how much you qualify for
- Personalise your offer and complete your application
* T&Cs apply.
Frequently asked questions
What is a credit limit increase?
A credit limit increase means your bank raises the maximum amount you can borrow on your credit card. For example, if your current credit limit is R5 000 and it’s increased to R10 000, you now have double the spending power on your card. Financial institutions typically review your income, payment history, and credit behaviour before approving an increase.
Is it a good idea to increase my credit limit?
Increasing your credit limit can be a smart financial move if used responsibly. It can improve your credit utilisation ratio, which positively impacts your credit score. A higher limit gives you more flexibility for larger purchases and can help you manage your cash flow better. .
Credit limit increase vs new card. Which option is better?
A credit limit increase means raising the spending power on your existing card, giving you more cashflow on your existing credit, while applying for a new credit card gives you a separate line of credit with its own limit and terms.
A credit limit increase is convenient, keeps your credit history intact, and can improve credit utilisation.
A new card offers additional credit lines, potential rewards, or benefits, but could impact your credit score with a new inquiry. You will also need to manage additional monthly repayments at a potential higher interest rate.