How to Increase Credit Limit in Tangerine: A Comprehensive Guide

An increased credit limit on your Tangerine card can offer more purchasing power, handy during emergencies or unexpected expenses.

Understanding a Credit Limit Increase

A credit limit increase does not just mean extra purchasing power, but also opens avenues for better financial management. However, securing a credit limit increase requires careful handling of your account.

Increasing Credit Limit through Online Banking

Tangerine’s online banking platform is user-friendly and offers an easy pathway to request an increased credit limit. Here are the steps:

1. Log into your online banking account.
2. Navigate to your credit card details.
3. Select the options to manage your card.
4. Choose the request to increase the limit.

After submitting the request, you’ll receive a confirmation, followed by the assessment of your request by Tangerine's credit adjudicators.

Increasing Credit Limit via Tangerine Mobile App

The Tangerine mobile app is another convenient way to request a credit limit increase.

1. On your smartphone, open the Tangerine mobile app.
2. Log in using your Tangerine credentials.
3. Head over to 'My Accounts' and select the credit card account you wish to increase the limit of.
4. Tap on ‘Increase Credit Limit’.

The steps are simple and can be done in a few minutes. The credit approval process follows the submission of your request.

Call Customer Service to Increase Credit Limit

If you prefer a more personal touch, you can reach out to Tangerine’s customer service who can guide you through it.

1. Dial the Tangerine customer service number available on their website or at the back of your Tangerine card.
2. Provide your account details to the representative.
3. Express your desire to increase your credit limit.

Following this, one of their credit adjudicators will review your request.

Essential Factors to Secure an Increase in Credit Limit

Before you request a credit limit increase, remember that Tangerine, like all financial institutions, will assess factors like credit score, payment history, income, etc., to ensure you're capable of handling the increased limit responsibly.

Summary

Increasing your credit limit with Tangerine is simple – whether you choose online banking, the mobile app, or a call-in request. Just make sure to handle your credit wisely, demonstrating responsible financial habits that will ensure your request gets approved.

This guide will serve as your roadmap to navigating Tangerine's credit limit increase process and tools to fulfill your financial needs.