IMPORTANT INFORMATION
By requesting an increase to your Credit Limit, you acknowledge and agree that:
• You have voluntarily requested a Credit Limit increase
• You agree to us conducting a credit check, completing a credit assessment (to assess whether the increased Credit Limit is affordable and suitable for your needs) before we can approve your increased Credit Limit.
• If we approve your Credit Limit increase, and you borrow up to your new Credit Limit, your repayments will increase and may include more interest if you do not pay off your closing balance each month.
• If you pay your Card Account by automatic payment or direct debit, you may need to increase the amount you pay to cover your new repayments which will be displayed on your monthly statement.
Advice about your credit card or related insurance is not regulated financial advice
You are protected by responsible lending laws. Because of these protections, the recommendations given to you about your application or account are not regulated financial advice. This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed.
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Information on this website is of a general nature only and isn’t advice. If you’d like advice that takes into account your particular situation please contact a financial adviser.
Purple Visa Card is issued by SBS Money Limited.