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Credit Limit

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

Credit Limit


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

Assuming you mean as a customer - that's called your credit limit.


What is the meaning of line of credit?

If you are talking about a personal line of credit, this means the maximum amount of money that you are allowed to charge on a credit card an one particular time.


What is a credit card limit?

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.


What is the difference between a charge card and a credit card?

Charge card and credit card offers you a facility to spend a certain amount and at the end of the month you can pay a specific minimum amount and revolve your credit for the next month by paying some interest on the remaining amount that is still to be paid and remains out standing. Charge card offers you a facility that the amount spent will be directly debited from your account and you can not revolve the credit. Charge card is a facility provider which is given to their costomer to make their payment behalf of the costumer


How little does your credit card debt have to be for the credit card company to charge it off as uncollectible?

any amount due them


What is the maximum you can get on a prepaid credit card?

There is not a limit on how much funds you can have on a prepaid credit card. You simply put on it the amount of money you have, and then go from there.


What amount to pay on credit card to keep finance charge in control?

minimum


I-tunes charge to credit card?

You can have itunes charge to your credit card or buy a prepaid card either a itunes card or a prepaid credit card ...


What is a balance transfer with regards to credit cards?

A balance transfer is when an amount owing on one credit card is transferred to another credit card. This is usually done to take advantage of lower interest charges. A credit card company usually specifies a minimum/maximum amount you can transfer.


How much is merchant credit card processing?

Credit card companies charge the merchant a percentage of each sale. The amount varies, depending on the sales volume, which can be used to negotiate with the credit card provider.


Does carrying a balance on a credit card effect a credit score?

Yes but not significantly, unless it is a large amount, close to the maximum limit.