If you use your NAB credit card regularly, you could consider requesting a higher credit limit. The good news is that it's fairly easy to do so using either the NAB app or NAB internet banking.
Step 1: Download the latest version of the NAB app.
Step 2: Select the ‘My Cards’ menu.
Step 3: Select the card you want to increase the credit limit for.
Step 4: Select ‘Usage Controls’ and then click on ‘Change Credit Limit’.
NAB internet banking:
Step 1: Log into your account.
Step 2: Choose the ‘My Cards’ menu.
Step 3: Choose the card for which you want to increase the limit.
Step 4: Choose ‘Change My Credit Card Limit’.
If you don’t have the NAB app or cannot access NAB internet banking, you can even visit your local branch or call their contact center.
Once you’ve applied to increase your NAB credit card limit, you’re likely to be asked for your
- current employment details
- total income, before and after-tax deductions
- assets, liabilities, and expenses information
NAB will then assess this information to determine if your current financial situation suits the increased credit limit request, and your application will either be accepted or denied.
However, this process will only work if you’re attempting to increase your personal NAB credit card limit. For a business credit card, you can contact the NAB Corporate & Business Servicing team or speak to your NAB relationship manager.