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.

Economy & Finance

5 Things Banks Consider to
Determine Your Credit Card Limit

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

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