When you sign up for an Afterpay account, we tailor your spend limit by evaluating several factors, including the details of your credit report. This information will help us determin an initial spend that is suitable for you.
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 for 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 may increase your spend limit with Afterpay.
Typically, the longer you’ve been using Afterpay and making payments on time, the more likely your spend limit will increase.