Changing your credit card limit. Getting your credit card limit to move with the times.

You need to have had your credit card for at least six months to apply for a credit limit increase – and you’re more likely to get your increase approved if your income has increased and your debts have decreased.

If you’d like to apply, just fill out a credit card limit increase request form and send it in by email, fax or post.

You can ask us to decrease your credit limit any time you want – as long as you’re the primary cardholder – just jump onto internet banking or give us a call on 13 15 63. In internet banking, either click “reduce my credit limit” under the cards menu or send ME a secure mail.

Things to note:

• Your new credit limit must be above your credit card’s minimum ($1,000 for Frank and ME Mastercard).
• Your new credit limit must be above your current outstanding balance – rounded up to the nearest $100.
• If you drop your credit limit and want to reapply for a credit limit increase, you’ll need to wait six months to reapply.