Increase your credit card limit
Would extra credit help your business?
A credit card limit increase could help free up your cash flow. You pay the same annual card fee no matter the limit and there are no additional fees to increase your limit.
Plus, Westpac business credit cards offer up to 55 days interest free on purchases when you pay the Closing Balance (or Monthly Payment Balance if you made a balance transfer to your card) on time.
Apply for a credit limit increase today.
Altitude Business credit cards
If you're an Online Banking customer you can save time and apply online. Once signed in, your details are automatically, and securely, included in the form, meaning less for you to fill in.
If you're not an Online Banking customer call 1300 651 089 (8am-8pm Sydney time, 7 days). In most cases, a decision is made within minutes and a confirmation letter will be sent.
BusinessChoice credit cards
If you have a BusinessChoice Everyday Mastercard credit card or BusinessChoice Rewards Platinum Mastercard credit card download the application form and then take the completed form to your nearest branch.
Alternatively you can contact your relationship manager or call 1300 650 107 (8am-8pm AEST).
Please download New Facility Application or Increase Existing Facility Credit Limit form (PDF 1MB).
How can I decrease my credit limit?
You can request a decrease to your credit limit at any time.2 Please note, minimum card limits will apply for each credit card. Call us from 8am-8pm Sydney time, 7days on:
| Altitude Business | BusinessChoice |
| 1300 651 089 |
1300 650 107 |
Things you should know
Westpac’s lending policies and guidelines are designed to ensure we lend responsibly. Before applying to increase your credit limit, please make sure you’re comfortable with the higher monthly payments and higher credit limit.
To manage your credit card, just remember these two simple rules:
- Always aim to pay off more than your monthly minimum amount as making minimum payments is not an effective way to manage your credit card debt.
- You cannot request your credit limit be reduced to below your current balance. If you would like to reduce your credit limit below your closing balance, you must first pay down your current balance below that level. If you do not pay down your current balance first, it will render your account overlimit and you may then be charged additional interest or fees or both.
- Make sure your credit limit is realistic. Call us on 1300 651 089 8am – 8pm Sydney time if you want to reduce your credit limit, and it’ll be effective immediately.
There are sometimes reasons, such as job loss or illness, that could lead even the most responsible borrower into temporary financial difficulty. If you find yourself in this position, just call us on 1800 067 497 (overseas +61 8 8177 6184), 8:30am - 7:30pm Monday to Friday, 9:30am - 6:00pm Saturday (Sydney time).
Terms and Conditions: Credit criteria apply. We’ll write to you within 20 days of receiving your application to confirm any changes to your credit limit. We reserve the right to decline your credit limit increase application including where your application is incomplete or where your card account is not in order.
The information on our website is prepared without knowing your personal financial circumstances. Before you act on this, please consider if it's right for you.