answersLogoWhite

0

How high is a credit card?

Updated: 9/22/2023
User Avatar

Wiki User

11y ago

Best Answer

The limit of the credit card issued by your bank is determined on the basis of your financial standing,credit worthiness. So, it varies from person to person. persons having multiple credit cards, have a spending tenacity whereas the debit card holders are tied by their account balances.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How high is a credit card?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about Finance

Where can one find information about high risk credit card processing?

High risk credit card processing is the generation of a credit card for someone with poor, or bad credit, and are likely to default on the debt. The site, highriskpay, has information about it.


Can you pay your credit card bill by another credit card?

Yes you can pay your credit card bill by another credit card. It is called balance transfers, you can transfer the balance of another credit card that has a high interest to a credit card that has a low interest. Hopefully this answers your question.


Can a high credit card balance prevent you from getting a mortgage?

Your debt is always taken into account. If your income can handle the credit debt and the mortgage there should be no problem. High credit card balances do not mean bad credit. Late or no payments make bad credit. Your better off with a high balance on a credit card that you pay regularly than no credit at all.


What is the credit score requirement for a Barclays credit card?

You must have both a good credit score (600 or more) and little or no debts, you may qualify for a Barclays credit card. There are different categories that allow you to qualify for a Barclays credit card, which can be helpful for people with high credit scores but low debts or people with average credit scores with low debt. Remember that you might be denied a credit card even if you have a high credit score, due to high debts.


How can you lower the high rates on your credit cards?

One cannot lower the high rates on a credit card. One does have the option of choosing what credit card to get (with the set rate) when deciding to get a credit card. One should consult online data to find the lowest rates.

Related questions

Where can one find information about high risk credit card processing?

High risk credit card processing is the generation of a credit card for someone with poor, or bad credit, and are likely to default on the debt. The site, highriskpay, has information about it.


Can you pay your credit card bill by another credit card?

Yes you can pay your credit card bill by another credit card. It is called balance transfers, you can transfer the balance of another credit card that has a high interest to a credit card that has a low interest. Hopefully this answers your question.


Can a high credit card balance prevent you from getting a mortgage?

Your debt is always taken into account. If your income can handle the credit debt and the mortgage there should be no problem. High credit card balances do not mean bad credit. Late or no payments make bad credit. Your better off with a high balance on a credit card that you pay regularly than no credit at all.


Why does a person keep transfer credit card balance to another before it catches up with him?

To transfer from a high interest credit card to a lower interest credit card


Where can I get a free credit card?

Many credit card companies offer free credit cards with no annual fee. You are more likely to recieve a card without an annual fee if you have a high credit score. On such credit card company is Capitalone.com.


What is the credit score requirement for a Barclays credit card?

You must have both a good credit score (600 or more) and little or no debts, you may qualify for a Barclays credit card. There are different categories that allow you to qualify for a Barclays credit card, which can be helpful for people with high credit scores but low debts or people with average credit scores with low debt. Remember that you might be denied a credit card even if you have a high credit score, due to high debts.


What companies issue credit without personal credit checks?

Credit Card with high interest rates or high annual fees!!!


How can you lower the high rates on your credit cards?

One cannot lower the high rates on a credit card. One does have the option of choosing what credit card to get (with the set rate) when deciding to get a credit card. One should consult online data to find the lowest rates.


Can I obtain a credit card with my bad credit?

Yes you can in fact get a credit card with bad credit. You will have to pay a high interest rate than others because of this though.


Get a credit card with no credit?

Yes, you may be able to receive a credit card with no credit, however, their may be an annual fee that comes with a high interest. Just remember to pay off your credit card to avoid hurting your credit that you don't have yet.


What is the interest on an express credit card?

The interest on an express credit card is 8.7%. They are not a very good alternative to a regular credit card such as a visa or mastercard because the interest is very high.


What are the release dates for USA High - 1997 The Credit Card - 1.3?

USA High - 1997 The Credit Card - 1.3 was released on: USA: 6 August 1997