What is the difference between Credit Limit and Available Credit Limit? 

MoreTyme allows you to spend 4x as much as you have in your GoTyme Bank account as long as you’re within your limits. For MoreTyme, your Credit Limit refers to the maximum amount that you can spend on your MoreTyme account.  

Your Available Credit Limit in MoreTyme depends on your GoTyme Bank account balance. To maximize your Credit Limit, simply keep adding funds to your account. 

For example: 

If you want to buy something worth Php 10,000 (exclusive of fees): 

• Your Available Credit Limit should cover ¾ of the price (Php 7,500). 
• Your GoTyme Bank account balance should cover ¼ of the price (Php 2,500). 

PRO TIPS:

• The Credit Limit updates instantly when you fund your account. 
• Use MoreTyme’s in-app calculator to find out how much you need for the downpayment—just top up your bank account with ¼ of your purchase amount plus fees. Once done, watch your Available Credit Limit grow to match the total amount you want to borrow. Shopping smarter has never been this easy.