What's you credit card limit?

[corn18]

$240,000 current balance is $735 (expenses I pay off every month)

[KTP]

$100K across 3 cards. I could probably get it raised but we pay them off every month so really no point. I try to imagine paying 19% interest on 100K but it is beyond my ability to do so.

[John213]

I have 3 and pay full each month.

American Express which I'm not sure my spending limit since it's a charge card. This is my primary card to use.

Master card $7000 which is around 10% of my annual income.

Visa card around $7000 which is around 10% of my annual income.

[dawnwes]

Way too high of a limit right now. I don't like it.

I think it is somewhere in the 100K range.

Dawn

[msnln]

I never thought to add up credit line totals but it looks like mine is $138K with Chase MC at the highest line of $29K followed by AmEx at $25K. When I used AmEx for my business, AmEx gave me unlimited lines with no limit but I went back to corporate job in 2005 and during financial crisis, they set the limit at 25K. I pay all my balances each billing cycle so I do not keep any balance on any card, though.

[cypher1]

I hadnt checked in awhile:
2 AMX cards 15000+10000 (I don't count my work/corp CC)
1 Chase 15500

[YolandoAmaya]

I show that I am responsible through my credits, Your credit utilization rate is one of the most important determining factors of your credit score.

[Weird Tolkienish Figure]

According to CreditKarma, my total limit is $24K. So, yay me?

[JohnM.Hendricks]

Most banks make you qualified for this right after 6-18 months, based upon their credit plan. They consider a two-way view-how you have behaved on their unique guides, that is, if you have paid out loans on time, and your entire credit report. Dependent on these evaluations, they will make a decision on raising your credit limit, which can be a minimum amount of 1.25-1.5 times your current credit limit. The firms keep evaluating the increase in profits to the increase in risk due to the upward revising of the limit.

[RudolfLesko]

Hey, it is a nice discussion. I too have a high credit limit. But I don't use it until I need it very much. I show that I am a wise person through my credit score.

[WillieGearhart]

My credit card limit is $5000 and maximum I can spend is $20000. But I never forget to pay on time and every month I go to clear all my expenses.