4 Ways to Increase Your Chase Credit Limit

Whether you need it now or think you’ll need it later, having a higher credit limit can definitely give you peace of mind.

Aside from increasing your purchasing power, credit limits also have a direct impact on your credit score. By increasing your available credit, you can decrease your credit utilization; a lower credit utilization shows lenders you’re not stretching yourself beyond your means.

Increasing your Chase credit limit is a simple process, but there are a few things you should know in order to increase your odds of getting the increase and not damaging your credit in the process.

3 ways to increase your Chase credit limit

Luckily, the process for increasing your Chase credit limit is as straightforward as can be. With several ways to go about it, you should be able to submit your request and have a decision in no time.

1. Wait for an automatic credit-limit increase

Chase, like many other credit card companies, may automatically increase your credit limit if you demonstrate a history of responsible borrowing, but this isn’t guaranteed.

Every so often, credit card lenders will pull your credit for regular account maintenance or in order to send you offers for bank products, such as new credit cards or balance transfer offers. These credit inquiries are considered soft pulls, so they don’t impact your credit. If Chase decides to increase your limit after reviewing your account, you’ll get the increase without your credit score being affected.

How often these automatic bumps occur varies — and even if you’re a loyal customer who pays your balance in full every month, the automatic increase still may not happen on its own. If you can’t wait — or don’t want to wait — to be considered for a credit-limit increase, you can initiate the process by reaching out to Chase directly.

2. Request an increase over the phone

You can hop on the phone with a Chase representative to initiate a credit line increase request. Start with the number on the back of your card. You might also find these phone numbers helpful:

Before you make the call, be prepared to explain why you deserve a higher limit. You can use talking points like your history of on-time payments, frequent use of the card, improved credit score, or an increase in income. Remember that credit card issuers aren’t obligated to approve your request, so ask for an increase in a courteous manner.

By submitting a request for a credit-limit increase, you authorize Chase to obtain a copy of your credit report to determine if the request can be approved. Since you’re making the request, the inquiry into your credit will be a hard credit pull, which could impact your credit score.

Regardless of how you go about it, you’ll need to provide some basic information for the request to be processed. This information includes personal details, such as:

• Total gross annual income
• Monthly housing payment amount
• Employment status
• Annual non-taxable income (if applicable)
• Total credit line you’re requesting

Once this information is received and reviewed by Chase, you’ll typically be notified by email with Chase’s decision. The decision is usually instant; however, it can sometimes take up to 10 business days for the determination to be made.

3. Open a new Chase credit card

Another way to increase your credit limit is to open a new credit card. Of course, this should only be done if adding a new credit card makes sense for your personal situation.

Chase offers a slew of credit card products for every type of borrower. From cashback to travel cards, finding the right card for you to increase your credit limit shouldn’t be an issue. The Chase Sapphire Preferred Card, for instance, is an excellent choice if you love to travel and dine out. If you’re in need of a solid cashback card that will allow you to earn rewards on every purchase, the Chase Freedom Unlimited will do just that.

Before you apply, make sure you can comply with Chase’s 5/24 rule. This unofficial rule states that if you’ve signed up for five new credit card accounts within 24 months, the chances of being approved for a new Chase credit card are slim to none.

If you’re approved for a new card but still want to increase the limit of another, Chase sometimes allows available credit to be transferred from one card to another. Call and speak with a representative and ask if they can move some credit from one card to another.

Commonly asked questionFAQs about Chase credit line increases

Bottom line

Whether you need the extra credit for a large purchase or want to lower your credit utilization to improve your credit score, increasing your credit limit is not only possible — it’s easier than you think.

It’s also not the only option. If you want even more flexibility in your purchasing power, you may want to consider a charge card. Charge cards don’t have set spending limits; instead, your purchasing power is based on your card use, credit score, and payment habits. You’re required to pay your balance in full every month, so take this into consideration before making any decisions.

Great for Flexible Travel Rewards

Chase Sapphire Preferred^® Card

4.9

FinanceBuzz writers and editors score cards based on a number of objective features as well as our expert editorial assessment. Our partners do not influence how we rate products.

Chase Sapphire Preferred^® Card

Apply Now

Current Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

Annual Fee

$95

Rewards Rate

5X points on travel purchased through Chase Travel℠; 3X points on dining, select streaming services, and online groceries; 2X points on all other travel purchases, and 1X points on all other purchases

Benefits and Drawbacks

Benefits

• Generous welcome offer valued at $750 when redeemed via Chase Travel
• High rewards on dining and bookings via Chase Travel
• 25% more value when redeeming points for travel through Chase Travel
• Up to $50 in annual statement credits for hotel stays booked through Chase Travel
• Receive valuable travel protections like trip delay reimbursement and primary rental car insurance

Drawbacks

• Has a $95 annual fee
• Doesn’t offer airport lounge access or premium travel perks like Global Entry or TSA PreCheck credit
• Doesn't offer bonus points on gas or in-person groceries purchases

Card Details

• Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.
• Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
• Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
• Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
• Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027.
• Member FDIC