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Credit Limit

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14y ago

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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 the difference between a credit limit and a cash advance limit on a credit card?

A credit limit is the maximum amount you can spend on your credit card for purchases, while a cash advance limit is the maximum amount you can withdraw as cash from your credit card.


What is the charge on my credit card?

The charge on your credit card is the amount of money that has been deducted from your available credit limit for a purchase or transaction.


What is the maximum amount of money that a credit card can hold?

The maximum amount of money that a credit card can hold is determined by the credit limit set by the card issuer. This limit is based on the cardholder's creditworthiness and financial history.


What is the maximum amount that can be charged on a credit card at one time?

The maximum amount that can be charged on a credit card at one time is determined by the credit limit set by the credit card issuer. This limit varies depending on the individual's creditworthiness and financial situation.


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 difference between a credit line and a credit limit?

A credit line is the maximum amount of credit a lender is willing to extend to a borrower, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.


What is the difference between a credit access line and a credit limit?

A credit access line is the maximum amount of credit a borrower can access from a lender, while a credit limit is the maximum amount a borrower can borrow on a credit card or line of credit.