5 Things Banks Consider to Determine Your Credit Card Limit
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Ever wondered why spending limits on your credit cards vary so much? Here are five things banks considered to determine your credit limit.
5 Things Banks Consider to Determine Your Credit Card Limit
- 1. 5 Things Banks Consider to Determine Your Credit Card Limit
- 2. 1. Your Credit History 2. Your Credit Score – minimum 750 3. Your Income and Repaying Capacity 4. Credit Limit on Your Other Credit Card(s) 5. Type of Credit Card You Own