Credit card limit question.

[tfinch2]

My limit is $1000. Never even came close to my limit either. It's usually around $200-250 a month, at most $500-600.

 

[kag]

Originally posted by: Yax

Originally posted by: kag

Originally posted by: acemcmac
a lot more than anyone else my age

There's absolutely no meric in having a high limit credit card. I was offered a $15,000 last summer and I didn't even had a job. Simply based on the fact that I make over $30,000 a year. I declined because that is simply too much credit for my need.

Being offered a high limit and getting it are actually two different things.

Anyway, I was thinking about having my limit increased to 30K. Not that I'll use it, but never know when I might need it.

Absolutely, but they had studied my case before sending out that offer. I only had to proove that I was making at least 32k a year, and the rest had already been verified.

 

[Yax]

Originally posted by: kag

Originally posted by: Yax

Originally posted by: kag

Originally posted by: acemcmac
a lot more than anyone else my age

There's absolutely no meric in having a high limit credit card. I was offered a $15,000 last summer and I didn't even had a job. Simply based on the fact that I make over $30,000 a year. I declined because that is simply too much credit for my need.

Being offered a high limit and getting it are actually two different things.

Anyway, I was thinking about having my limit increased to 30K. Not that I'll use it, but never know when I might need it.

Absolutely, but they had studied my case before sending out that offer. I only had to proove that I was making at least 32k a year, and the rest had already been verified.

i dunno bout that. I was offered 50K limit once from a company. Then after applying, they said, only qualified for 8K. I'm like right, you can keep your card. I don't need it anyway. Its just a means to get you to agree to them checking your credit report.

 

[mchammer187]

8K limit a few hundred on it now but will be paid off

 

[Mo0o]

3000 ish currently but im only a college student with no real income

 

[dionx]

lowest credit card = $3000 Amex Blue
highest credit card = $6000 MBNA Mastercard

no limit = Amex Gold Charge Card

 

[StageLeft]

$8300. It goes up about $1500/year and I've no need for any more than what I have.

 

[jadinolf]

Temporary Authorizations: Click here for a definition $0 (rounded)
Credit Line: $24,000.00

 

[GhettoFob]

$4000
$3800
$2000

 

[nater]

1800

 

[jlee]

$300 limit..just received the card the other day.

 

[FoBoT]

$42

 

[CTrain]

$15K and Citi won't raise it.

 

[Argo]

Unlimited The advantages of having 800+ credit score

 

[patrick409]

4400. dont use it much and never asked for a raise