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A credit card limit is the total amount of money you can charge to a credit card. If your credit card has a limit of $5,000, for example, it means you can carry a balance of up to $5,000 on your ...
Your credit limit — that is, the maximum amount available for you to spend using a credit card — is usually a mystery until after you get approved for a new credit card.
For example, if your credit card has a $1,000 limit and you currently owe $250, your credit utilization ratio would be at a safe 25 percent. But if the issuer halves your limit, that same debt ...
For example, if you’re approved for a credit card and offered a credit limit of $10,000, you’ll want to make sure that your monthly statement typically stays below $3,000.
Learn how to get a credit card with bad credit and start rebuilding your credit. Skip to main content. Sign in. Mail. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach ...
Your credit card limit is the total amount you can spend on your credit card. So, if you have three cards, each with a limit of $5,000, your total limit would be $15,000.