We take our time to get to know you before increasing your spend limit. We start new customers off at a lower spend limit and increase it gradually over time. When assessing whether a spend limit increase is appropriate for you, we take into consideration a variety of factors, including your on-time payment history, how long you’ve been with us, and the information contained on your credit report.
Just as there are circumstances which may lower your spend limit (such as missing a payment), consistent on-time payment history can increase your spend limit with Afterpay. If your spend limit changes, we’ll let you know via email.
Typically, the longer you’ve been using Afterpay and making payments on time, the more likely the amount your spend limit will increase.