Find out more about your credit limit on your M&S Credit Card and how to change it
What is a credit limit?
A credit limit is the maximum amount you can spend on your credit card. Credit card providers set
a limit based on what you would ideally like it to be, whilst taking into consideration credit and affordability checks.
A credit limit increase is where you can either request, or where we offer you,
a higher credit limit on your credit card.
How can my credit limit be increased or decreased?
We may offer to increase your credit card limit automatically, based on how responsibly you use your card.
If we feel like you would benefit from a credit limit increase, we will always notify you in advance of
amending your credit limit.
Alternatively, if we don't offer an automatic increase, you can apply for an increase yourself. You'll need
to fill in a short application and it will be credit assessed, like other lending applications. This will leave
a hard search on your credit records and could affect your credit score. Find out more about
how to check your credit score. You can also apply to decrease
your credit limit.
You can manage your credit limit preferences and opt out of automatic credit limit increases anytime via
Internet Banking by visiting 'Credit limit options' from the menu, or you can
'Chat with us' or call us and one of the team can help.
Credit limits explained
Find out more information about what a credit limit is.
Click 'Credit Limit Options' on the left hand side
Select 'Decrease' and follow the instructions on the screen
Tell us the new limit that you want, along with a few other details and, in most cases, we should be able to give you an
immediate decision. Please note the limit you request must not be lower than your outstanding balance.