@NavyChief52 Congratulations indeed! GS must like your profile!
Can you put in a good word for me?
Can you put in a good word for me?
@Anonymous wrote:CL went from 8500.00 to 11000.00
September - 27 transactions
October - 21 transactions
November - 15 transactions
Multiple payments made each month.
Inadvertantly carried a 27.00 balance one month.
Congrats! That's a very nice bump-up! 
They gave you a $2500 increase on a $8500 CL so about a 29% increase.
For better DPs than number of transactions, what was your total spend every month?
Based on previous DPs, I am estimating your total Apple card spend during that three months was probably a minimum of $3K and I imagine a maximum of $5K. How close was I? I guessed another member earlier in this thread and came pretty close. That works out to be about $1000 to $1500 per month on average.
I've followed this forum because I wanted to see if I could raise my CL; I don't use Apple Card often, in fact I think it is my least used card (only paying Apple subscriptions, Netflix/Disney+, etc); It is actually my lowest capped card and doesn't entice me so much because the rewards compared to my AMEX are night and day. Still, I want to improve my score so a higher CL the way I use my cards would mean better utilization percentages to show for the algorithm.
Anyway, I ended up taking the leap and asking for a limit increase via chat on my iPhone..and I just got an increase.
My timeline is as follows:
- August - Received a prelaunch invitation for applying for the card; instantly approved for a 7k CL with a FICO score of 790.
- August through December - Did not use the card much; used no more than 4k through the months with purchases from Apple (Apple TV, Series 5 watch and subscriptions recurring on my newly defaulted Apple Card payment method on the app store)
- December 25th (6 days ago) - I contact Apple via the message option in the wallet settings and ask about the process (I didn't want a hard pull since I'm recovering from a an auto lease debt added to my account). The agent confirms there will be no hard pull and I should get a result within a few days. My FICO score is 817 at this point, which has increased since I got the card.
- December 31st (today) - Recieved an e-mail confirming the availability of a higher limit, 3k added which now turned my 7k limit to 10k.
Just to note, I have auto-pay setup and often choose the 'Pay Early' method as I hate having balances. Not sure if that makes any difference in the decision process. I have never been late on a payment, never kept a running balance and don't think I have ever charged more than 3k on this card on a monthly accruing basis as I have everything on my AMEX. This card was literaly only used for Apple related purchases and lately some video games for the kids in the Nintendo and Sony game stores. Discover has also raised my CL 3k up from last month willingly based on "good relationship standing" which was nice, not to have to chase it that is. My wife blows 4k a month on Discover easily I actually feel raising the limit would only increase her spending. 
The E-mail contents:
Dear Me,
Thank you for reaching out to Goldman Sachs Bank USA about your Apple Card credit limit.
We reviewed your account and increased your credit limit to $10,000.00. Your new credit limit is available for use right away.
We consider a variety of factors in evaluating any credit limit increase, including:
- Your TransUnion FICO Score 9, and any changes since you first applied for Apple Card
- How much of your existing Apple Card credit limit you've used
- If you've made Apple Card payments on time and paid all or a significant proportion of your monthly balance
- Credit history on accounts in your credit report, including accounts on which you are an authorized user (i.e., not the primary account holder)
- The income you reported in your application
Goldman Sachs Bank USA does not make credit decisions on the basis of race, color, religion, national origin, sex, sexual orientation, gender identity or expression, marital status, age, or military status, among others. We also do not consider the value of your assets in checking, savings, or investment accounts unless you were asked to provide this information during your Apple Card application.
If you have any questions, please reach out to an Apple Card Specialist.
Thanks for being an Apple Card customer.
I was expecting (based on reading these forums) an e-mail declining my request with the reason such as "You don't use your card enough" and so forth; but that wasn't the case; I don't think usage has much to do with it as the frequency of paying your accounts on time and your income. I make over 125k annually and have about 11 accounts open (with zero debt carried, other than this auto lease) and zero remarks with an average age per account of 3.75 years; there's so many factors to take into account to rule out risk but it appears (to me at least) that reliability based on consistant payments and account age reduce your chances of being flagged as a risk liability.
I wouldn't recommend applying for a CL unless you feel confidant in your factors; whatever they may be; but if you are financially responsible it will come with time.
Hope this post helps someone out there; reading on here educated me tons.
@Anonymous wrote:I don't use Apple Card often (only paying Apple subscriptions, Netflix/Disney+, etc)
... approved for a 7k CL with a FICO score of 790
Did not use the card much; used no more than 4k through the months with purchases from Apple
Recieved an e-mail confirming the availability of a higher limit, 3k added which now turned my 7k limit to 10k.
I have never been late on a payment, never kept a running balance
don't think I have ever charged more than 3k on this card on a monthly accruing basis
This card was literally only used for Apple related purchases
I was expecting (based on reading these forums) an e-mail declining my request with the reason such as "You don't use your card enough" and so forth; but that wasn't the case;
I don't think usage has much to do with it as the frequency of paying your accounts on time and your income.
I make over 125k annually and have about 11 accounts open (with zero debt carried, other than this auto lease) and zero remarks with an average age per account of 3.75 years; there's so many factors to take into account to rule out risk but it appears (to me at least) that reliability based on consistant payments and account age reduce your chances of being flagged as a risk liability.
@Anonymous, Congrats on your generous 42% CLI (3K/7K)! Nicely done. 
Your analysis, however, is flawed IMO. Not only do previous data points including my own contradict your suggestion that primarily payments and income dictate an Apple Card CLI, but your own data points contradict it as well. For example, compare your $3K increase on a $7K SL to my CLI DECLINE on a $20K SL below based on our comparative data points.
You state that you used no more than 4K for the three-month period and as much as 3K in a single month. This is MUCH higher spend than many of us put on our cards, so saying that you didn't use it "much" is certainly understated. In particular, that level of spend on a $7K credit limit means you spent 57% of your total credit limit over the course of about three months!! That's high usage of a credit line! In my case and the case of several others who were turned down, I had a high SL of $20K and then used it for only about $200 over three months total (about 1% of CL usage). Based on Data Points from myself and other My Fico members, it does indeed appear that double-digit usage of total credit line is needed for an increase. (*It appears use of 20% to 30% of CL over three months is heavy enough usage to get an increase, but the heavier use, the better.) And your 57% is a very healthy relative usage of your credit line. I'm not surprised that GS gave you a healthy 42% relative increase. It appears that the higher the SL, the harder it is for most of us to get a CLI due to GS's desire for heavy use of exisiting CL. Noticeably, your $7K limit is right around the point I mentioned in an earlier posting, where I noted that most of CLIs reported had been on CLs less than or equal to $6K and where there had been heavy use of that limit*.
(*See message #141 in this thread dated 12/13/19: https://ficoforums.myfico.com/t5/Credit-Card-Applications/Apple-Card-credit-limit-increase/td-p/5808169/page/15)
You also used the card heavily for Apple purchases. It appears that users who purchase heavily with Apple are more likely to get an increase. I paid 0% of my purchases with Apple Card for Apple Purchases.
My credit score at approval was a perfect 850 TU, so even higher than yours.
Credit score didn't matter for an increase.
My income was about 3 times what you reported.
Income doesn't matter for an increase.
I paid my account multiple times per month as you did, always PIF before due date.
Early or extra payment history didn't matter for an increase.
*As always, of course, paying more than minimum and on-time always is a good thing.
I had heavy use of card in terms of number of monthly swipes.
Number of swipes (frequency of use) did not matter for an increase.
I had a quarter million dollars in a GS Money Market account.
High deposit amounts did nothing at all to help me to get an increase.
I have a 35-year thick file with many more than 11 accounts.
Total accounts and thick files don't help to get an increase.
My average age of accounts is over double the age of yours.
A high Average Age of Accounts doesn't help to get an increase.
My Debt To Income and total debt is low. Credit cards under 1%.
Low DTI and low utilization don't help to get an increase.
Other postings in this thread support that FICO, income, frequency of usage, and payment history didn't help to get an increase.
Based on numerous data points, the primary factors in customers getting Apple Card CLIs seems to be heavy use of SL (which you did) and regular on-time payments of the majority or all of CL used.
No!?! But it made me laugh. 
@AverageJoesCredit wrote:
Does it help that i feel discriminated because i use an Android?