Afterpay is a BNPL platform that enables you to buy items with installment payments. Here's how to increase your Afterpay limit.

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However, if you're a first-time Afterpay user, the spend amount the company gives you is only $600. But there are steps you can take to increase your Afterpay limit. Keep reading to learn how to increase your Afterpay limit.

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How can you increase the Afterpay spend limit?

The pre-approved spend amount that Afterpay grants you increases gradually the longer you use the service and make your payments on time. Payments are required either bi-weekly or monthly.

According to the Afterpay website, the factors that could impact your spending limit include:

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How often your orders get declined because you have insufficient funds in the payment source you have on file with Afterpay can have a negative impact on your spending limit.

If you’re an Afterpay user in good standing, you can contact the company and try to negotiate a higher spending limit. The maximum spending limit Afterpay will give you is $3,000.

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Does Afterpay increase your credit score?

Afterpay doesn’t report your payments to the three credit bureaus — Experian, Transunion, and Equifax. That means your credit score won’t take a hit if you’re late on your Afterpay payments, but it also means that making your payments on time won’t help increase your credit score.

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Afterpay also doesn’t do a credit check when you borrow money, which is good for your credit score. A credit check can negatively impact your credit score.