Grow Credit is the only company that leverages promo codes to help our consumers boost their credit scores even more. With our referral program, you can raise your monthly transaction limit by up to $25, which is reported to the bureaus as a $300 increase. Raising your maximum transaction limit can lead to a bigger impact on your credit score and faster results.

How does the Grow Credit referral program work?

When you sign up for Grow Credit, we generate a code that we connect to your account. If someone uses that code to sign up, we’ll credit that referral to you. 

Grow Credit offers a $5 monthly transaction limit increase for every friend you refer. Since we report your progress to the bureaus as an annual line of credit, or your monthly limit multiplied by 12 months, a $5 monthly increase is reported as $60 on your credit report.

Invite Friends
Help spread the Grow Credit message and get $5 to spend on your favorite
subscription if they join us. Limit of 5 referrals. Conditions apply.

COZ5HON
Referral Code

Referral Link

https://growcredit.com/invite/COZ5HON

How does raising my limit impact my credit score?

A FICO score takes into account the percentage of your credit you are using according to a number referred to as a “credit utilization ratio.” As a general rule, you want to make sure that you’re not using more than 30% of your credit limit at any given time. Therefore, having a higher credit limit can lower that ratio, since there’s a larger pool of money that you are able to borrow from. This means that having a higher monthly transaction limit can make a bigger impact on your score faster.

How else can I raise my transaction limit?

The fastest way to increase your monthly transaction limit is to upgrade your account to a premium Grow or Accelerate plan. The Grow plan provides a $50 monthly transaction limit, while the Accelerate plan provides a $150 monthly transaction limit. You can learn more about our different account tiers and their benefits in the Help Center.