What's a credit limit and how do I change it?

Understanding your credit limit

When you apply for a credit card, we'll set up a credit limit for you. Your credit limit is the most you can spend on your credit card without having to pay some off – this means it's important to choose the right credit limit for you and your situation.

Regardless of your limit, it's a good idea not to overspend and notch up a bill you'll have trouble paying back. Remember, you don’t have to pay off your full balance every month – but you'll get charged less interest the more you pay off.

Changing your limit

You can decrease your limit through our app or online banking. In the app, choose the credit card from your account list and click on the 'Manage' tab. In online banking, choose the credit card from your account list, and then 'see more account details'. Otherwise, you can contact us.

Remember, to increase your limit, you'll need to give us a call on 13 17 19 or visit us.

Need more help?

You can message us in the Bankwest App or online banking, or call us - we're here 24/7.