Who wouldn't want to have a credit card with a good limit in the year 2021. Know that Nubank is one of the Fintechs that most subscribe to credit cards in various parts of the world.
Therefore, if you are already a customer and want to have a higher credit card limit this year, carefully read our tips here in this article.
Check out 7 Tips to Increase Your Nubank Card Limit 2021
To find out how to increase your Nubank credit card limit in 2021, we've prepared a step-by-step guide that will make it much easier for you to be successful in your proposal, check out:
tip 1 – Don't Pay the Invoice Late:
As with all credit cards in the financial market, Nubank values customers who are faithful in paying their bills on time.
That way, they see that they will have no problem releasing a higher limit. A good tip for you not to delay your payment is to schedule the invoice due date for the date that best fits your monthly budget.
Tip 2 – Always Use Your Full Current Limit:
This tip is very practical, as the Bank will see that you need a new limit if your current one is used every month.
The increase proposal is more easily accepted when the customer uses the card for monthly purchases. Many people use the card as their main source of budget spending.
Tip 3 – Focus Your Purchases on the Nubank Card:
The 3rd tip to increase your Nubank credit card limit is to concentrate your means of commerce only on that card.
As we know, many people have more than one card to make their monthly purchases. Which is not wrong, but it's good to have a credit card with a higher limit, and for that, it's ideal to concentrate spending on just one.
tip 4 – Don't Use Your Credit Card's Revolving Credit:
In addition to having a very high interest rate, revolving credit makes consumers lose a little of their credibility with regard to new card limits.
Therefore, the ideal is to pay the invoice in full and on time, by doing so, the institution will see that the customer is able to pay a higher invoice and it will be easier to increase the limit.
In addition, in some cases, the institutions themselves automatically release a higher limit on the “good customer” card.
Tip 5 – Be an Active Person in the Nubank Application
In order to have a well-interacted activity with the institution, it is important to use the application that it provides responsibly. That way, Nunbak will see that you care about keeping your data up to date.
One of the main attitudes at this stage is to report your income to the bank that works with your card. Also because it makes contact between the institution and the client much easier, who keeps up-to-date with their income and other personal information such as a new address, for example, or a new telephone number.
Tip 6 – Do not pay the invoice amount in installments – Pay in full on the due date
This is one of the top tips for anyone who wants to have a new Nubank card limit in 2021. When you pay an invoice, several negative points happen that can even harm you financially.
- The purchase limit for the next month is restricted, it only returns to normal when the installment invoice is settled.
- Credit card interest rates are very high, it is best to avoid paying in installments or postponing payments to the following month as much as possible.
- The institution does not feel confident in releasing a good credit limit for those who delay, postpone or split payments.
Therefore, the ideal is to pay the installment in full in advance or until the maturity date.
Tip 7 – Show interest in acquiring a new limit for your credit card
Even if you are not successful in your proposal for a new limit on your Nubank card, do not give up. Continue proving to the institution that you are able to obtain a new limit.
For this, be disciplined in your payments and use the limit of your card, you will show Nubank that you want to have credits with them. Good luck!