You are the primary owner of the business. Only the primary owner has the authority to request a credit limit increase on behalf of the business. Most of the time, this is the person who applied for the card.
If your current credit limit is less than $20K, your account needs to be active for at least 6 months
If your current credit limit is more than $20K, your account needs to be active for at least 4 months
Your account meets the minimum activation requirement
Your account is current and there are no outstanding payments.
You have not requested a credit limit increase in the last 90 days.
Additional ways to make sure you're qualified
Pay most or all of your statement balance during each month.
If you have a credit freeze in place, unfreeze your credit before initiating the request.
How is your credit limit determined?
To determine your eligibility for a credit limit increase, Marcus uses your updated revenue and your historical performance, among other factors, to determine if you qualify for an updated credit line.
Will this affect your credit score?
Although your consumer credit score is not affected during a credit line increase request, applying multiple times within a short period of time will not change the outcome.
Can your credit limit decrease as a result of the credit limit increase request?
We will not be reducing any current lines of credit as a result of this request.
Can you volunteer what you'd like your credit limit to be?
No, we do not support a consumer’s request for a specific line and will not take it into consideration. We will review and determine if a higher limit will be granted.
When/how will you be informed of the decision?
Requests to increase your credit line are reviewed on an individual basis. We know this is important, and requests are processed as quickly as possible. Once your request is considered, we will send you a communication (via email or mail, depending on the communication preference) with our decision. If your request is approved, this communication will contain the amount of your new credit limit.