You can influence your maximum daily credit limit by taking these steps:
Choose your business bank account with the highest balance as your linked repayment account.
Use your Nav Prime Card and autopay your balance at the end of each day from your linked account. As you use your card, we’ll continuously assess whether you qualify for a higher credit limit.
Avoid negative balances, which occur when you miss a payment. Negative balances can result in a lower credit limit.
Use Nav Business Checking as your repayment account to unlock instant repayments and eliminate standard payment processing times. When you use Nav Business Checking, your full daily credit limit will reset each day. It can take 3–5 days to settle payments and reset your credit limit if you use a non-Nav bank account.
Nav Technologies, Inc. is a financial technology company and not a bank. Banking services provided by Thread Bank, Member FDIC. The Nav Visa® Business Debit Card and the Nav Prime Charge Card are issued by Thread Bank pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa cards are accepted. See Cardholder Terms for additional details. All other features of the Nav Prime membership are not associated with Thread Bank.
With regard to credit building features: scores are calculated from many variables; some users may not see improved scores. The Nav Prime Charge Card is a business financing product and may not be used for personal, family or household transactions.