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it is the maximum amount of money you can spend on a credit card, and it is all based on your credit rating and income.

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โˆ™ 2006-02-24 21:28:15
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Q: What is a credit card limit?
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What is the limit on a HBC credit card?

The limit for an HBC credit card is communicated to the purchaser of a new Hudson Bay Company credit card directly. This is the only way that one can determine the cash limit and credit limit on an HBC credit card.


How much is the limit on a Halifax credit card?

The limit on a Halifax credit card is determined by the credit history of the applicant. There can be no way of knowing ahead of time what the limit will be on the card.


What sort of credit limit is on the Chase Visa signature card?

The credit limit that is on the Chase Visa signature card is a $5000 credit limit. This credit limit matches up with the average credit limit across all banks in America.


How is someone's credit card limit determined?

Someone's credit card limit is determined by examining their credit score. Typically, one who has good credit will receive a much higher credit card limit than one who has a bad credit score.


Increase credit limit for credit card?

If you want to increase your credit card limit, you should use it regularly and create a predictable credit card history. Pay your bills on time.


Can you be in credit on a credit card?

Yes, When you spend more than the credit limit of your card.


How much is a two percent purchase on a credit card?

It will depend on how much your credit limit is. For example, if your credit card limit is $500, a two percent purchase on your credit card would be $10.00


What credit card company has the highest credit spending limit?

The highest spending limit will vary person depending on one's credit score and ratings. The following credit card companies have the highest credit spending limit: Chase, Turbo B, Amex Black card.


How much is the limit available for a balance transfer for your credit card?

This amount is different for everyone and depends on your specific credit card, credit history, credit card company, etc. The best way to find out what your limit is is to contact your credit card company directly.


Form of sbi credit card limit increase?

For spending increase my credit limit


What is the spending limit on a Sears credit card?

I've read on line that you can get a limit of $12,000 for your Sears credit card. I really don't know if that is actually possible, to have that big of a limit on a card like that.


What is standard Beginning credit limit?

Credit Card limits If you mean on a newly received credit card... it varies. As a student I received a Capital One card with a $300 limit. It was quickly raised to $500. When I applied for a Citi Card, even as a student my limit was $4000.


Can a credit card company decrease your credit limit?

Yes


What is the maximum amount you can charge on a credit card?

Credit Limit


What is the maximum you can borrow on your credit card called?

Your credit limit.


What is credit limit in credit card?

Credit cards are open ended accounts. The issuing bank has a limit as to how much can be borrowed against the account. The top amount is the credit limit.


Where would I get information on applying for a platinum credit card?

A platinum credit card is a credit card which usually has a higher than usual credit limit. Also it has more advantages than a standard credit card or a gold credit card.


How can I prevent my credit card from being declined?

You can prevent your credit card from being declined by paying your bill on time and not exceeding your credit limit.


What is the credit limit of credit card?

A credit limit is the maximum amount of credit that a lender will extend to a debtor for a particular tradeline. For example, it is the most that a credit card company will allow a card holder to take out at once on a card.This limit is based on a variety of factors ranging from an individual's ability to make interest payments, an organization's cashflow and/or ability to repay the credit card debt.


The maximum amount you can charge on a credit card is called the?

credit limit


The maximum amount you can charge on a credit card is called?

Credit Limit


How can someone increase their credit limit on their credit card?

Someone may increase their credit limit by visiting the local bank branch and speaking with a bank teller. The individual can then ask for an increase in their credit limit on their credit card.


What credit card does not have a limit?

Smart Cards


Can you overdraw on a credit card?

Yes, but the card issuing bank would charge you over limit fee and other additional fees if you exceed your credit limit


What is the highest limit for a alliances and Leicester credit card?

The maximum limit for an Alliances and Leicester credit card is based upon your status. They offer Visa and Mastercard.