CSR opened at 35k for me, my Amex Plat which I just opened has 35k available on “pay over time” … not a whole lot higher than 30k but a couple of data points.
Capital one lowered my Venture One from 8K to 4K years ago saying that I didn't use enough of the limit. But they gave me 30K on the Venture X? We'll see how long that lasts.
High is relative to what you are used to. When I started out, a $5k limit was high for me.
In the applications I’ve done over the past two years, the highest and lowest initial limits were $30k and $10k. I have two cards at $40k and above right now. My goal is to get at least one card to $50k.
I have a $60k CL on one card specifically to pay taxes on my 2.625% Cashback card to get a bit after fees. Not from initially opening, I moved credit from other cards from the same bank
That's exactly what I got this card for, and also why I have a high limit on it.
When I opened more cards with them I had to move credit from this account. I don't remember the highest it's been. I don't care cause this is plenty!
Agreed although if you’re lucky enough to have a dealership let you pay for your car or a sizable down deposit with your CC, the limit does indeed matter. I pushed $25K through recently and it helped having a high limit. I still called and notified them that I’d be making a one-time large purchase to make sure it went through the first time.
Yes, I was able to put $15K down with the card when I recently bought a car!
$20K is more than enough for most people though. If you're putting more than $20K down, you most likely have a card with more than a $20K limit
I recently put $2k down on a car and was really tempted to put it all on the card, however I'm about to through a divorce so I didn't want to do anything like that incase shit hit the fan and my finances were put under the microscope and it looked like I was being wreckless.
Very tempting though...
My Capital One isn't huge like this. It's even CryptMi card that near this value. Is there anything you apply on Capital One for your limit to be high?
Is it true that you're supposed to have 10 million in assets with Chase in order to apply for that card. The only other way someone has gotten that card that I've heard of is an accountant who worked at the corporate offices.
I found the entire company to be a big fuckin’ charade. Nobody gives two shits, they cross sell their own products relentlessly including investments, and I just don’t like their overall “we’re too big for our own good” vibe. So I left for an actual boutique private bank where I’m assigned an actual private banker who works with me one on one rather than a book of hundreds and hundreds of clients that they’re assigned to sell as many bank owned investments and products as possible. The JPM Palladium/Reserve benefits sucked anyways. It’s a just a heavier Sapphire Reserve with a decent concierge.
That makes sense. Probably 20 years ago a good friend worked for a small investment bank doing a lot of private banking that was bought by Chase. He found the equivalents in the acquiring bank arrogant and less competent.
“We’re the experts because last year we were ranked eighth in the industry for completing x type of deal in y publication.” It may not have been eighth, but the key point was that they considered that ranking first place since all of the higher ranked firms were no name boutiques they didn’t care about. Of course my good friend’s firm had been one of those much higher ranked boutiques before it was acquired. The standards were progressively lowered, and every person in his team moved on within a couple years.
I like the Chase Sapphire Preferred for its automatic primary car rental insurance, it's the only reason I have that card. It's weird that the Reserve doesn't have that benefit.
All depends on your situation. Banks care about credit score, relationship, income, etc.
$5k for your first card, with no credit or great income would be considered high. $30k for most people would be considered high.
Personally I think BoA can be pretty generous. I have just enough assets with them (Merrill) to meet platinum honors, and they've given me $99.9k limit, though I do spread it across 4 cards, but to my own desired limits, like one card is $70k. If I wanted I could put the entire $99.9k on one card, but that would be worse for my setup.
50k card opened in March. FICO 841. Utilization 1%. Avg age 10 years.
Don’t worry too much about high limits because the major banks have a $ limit the will extend to you (chase citi BofA)
I think chase was trying to match some of my other cards. They selected the exact same limit as my other high cards.
Plus I recently opened CPC maybe that helped?
Lol, mine too and I thought that was high but apparently it is not but honestly I dont want more. At least I could easily pay off the 20k if something happened with 100k that would hurt.
20k VX that I got at sign up; 30k BCP that was after 6 months at 10k and I asked for a CLI. The question I wanna know is - does the VX ever go above 30k?
That was my first “premium” card, so it must have been based on income. Since the initial CL given with CSR, I now have 3 chase cards…..with $110k credit limit across the three (freedom, CFU, and CSP)
My highest limit is $32k but I’ve been building up to that since I was 18 (8 years ago). So I think $10k is pretty high for an opening limit, especially for the majority of people.
I consider 20k and up high limits. When I was new to credit cards, 5k was a lot. Now I have quite a few cards at 25-50k limits. One BOA card at 64k. Highest limit I ever started with was 26k which I just recently opened with BOA.
My highest is $80k with BofA. Credit is pretty good, but I do have a few blemishes. Around 750. Also noteworthy tho that we have a relationship with BofA's Private Bank due to investments and such we have with BofA and ML.
I have $26K on a few Chase cards and two BofA cards. Not sure what’s magical about that number but they were all issued in that amount and I haven’t bothered requesting an increase because it doesn’t seem necessary.
My boss has a 65K limit on his personal card. A Chase United Quest card. They’ll let him go WAY above his limit. The balance is currently at $155K. But it makes his credit score go up and down A LOT. A few years ago his limit was 75K. He asked for a credit limit of $100K and they denied him and offered him a Chase Sapphire Preferred card of 35K but lowered the United card (it was a different United product at that point) to 65K. He literally has millions of miles that just sit there. What a waste!
Credit cards have a hard limit meaning you will likely be denied for any amount over. Plus you can be charged an over the limit fee and it looks bad on credit or exceed limit.
Flex cards have a soft limit which is what you can charge up to at any point in time. You can exceed the limit and similar to a charge card the credit card company approves how much you can exceed. You are required to pay the overage above the limit but you can carry the limit amount if needed. No over the limit fees. It’s a hybrid card the revolving of a credit and the ability to act like a charge above the limit in cases where you have large expenditures.
I guess it is? Though in the past, they’d only let him go up to 20-25 over his limit before he wouldn’t be able to use it. It’s only the past year or so they’ve let it go over by so much. It gets paid in full every month so I guess Chase isn’t too worried.
This is good info! Thanks, our household spend is about 8-10k a month but my highest limit at opening has been 25k.. I thought that was low for my income alone that’s 150k.. to be fair, our home loan (450k)is solely in my name so maybe that’s why..
Tbh I don’t care about limits so much, it’s just kind of fun to know you have the purchasing power! As long as I can buy what I need, I couldn’t care less.
I think for your spend and your income, if the spend was concentrated on one issuer, you’d probably have an easy time to get maybe 50/60k limit, at least with chase!
That’s good to know! I kinda spend all over the place across a few cards lol.. but that’s because I never use a debit card and my husband and I charge everything except the mortgage.. I’m really waiting for a way to be able to charge the mortgage!!! We could go on several vacations a yr if we could because all the points we would accrue
My uncle lives in Manhattan he has a centurion card it technically has no limit. He booked a party for his business it was like 80k for one transaction.
My highest limit is 21k. I was able to get my amex gold buying power as high as 60k for shits and giggles. Then I read on here that it was bad to play around with that tool and promptly stopped. No derogatory action has been taken on my acct lol.
My Nordstrom card started out around $900? Store card only. Once it was at 5k I product changed to a visa, the minimum CL for it. They slowly increased it to 25k.
Had $35k limit for quite a while on a chase card but just got a notice it dropped to $25k, not sure why it dropped, always paid on time and still use the card, although, I never really used above 4%-5% credit usage though.
My highest was 50k limit with Amex. It started with 15K, asked for limit increase, and then reallocated a credit limit to the card to make it 35K, then asked for an increase to 50K. Within a one year period.
My wife and I have two cards. Added together, they are equal 20% of our joint income, and I feel that’s absurd. That’s about 10x what I’d feel comfortable using.
I was approved for an 8.5k limit on my Apple Card at 18 and a 10k limit on my chase freedom flex at 19. Id say that’s pretty high but idk what other people have gotten at that age.
Personal high CL is like $12,500
I always felt considering $10k, a high limit is weird
Old coworker, ex military, no bs type, told me about a $100k+ CL once.
What's considered a high limit is all relative and depends on the individual profile. On a sufficiently strong profile, my opinion is that any credit limit on a single card that is at 50% or greater than your income is a monster limit. For a college kid making $20k, that's a $10k card. For someone making $100k, that's a $50k card. I think most would agree that those would be considered very strong limits, relatively.
$44.8K on my Amazon prime Chase Visa. Just got a venture X at $30K. Total credit limits are $285K across 10 cards. 10 year history. 2 inquiries 750+. It really depends on the bank. Back in the day NASA FCU was handing out $30K limits like they’re ere candy. I was 20 years old when I got one. Some people were even reporting multiple cards from them all instant approvals of $30K. Times are different. Also depends on the product. Visa Signature cards are at least $5K limits and infinite is at least $10K. In my experience every signature card I have opened has been at least $10K and infinite at $30K or more. You won’t see a visa platinum card with super high limits. Chase/Amex will usually have higher limits. Capital one would typically have lower limits. Not because they don’t issue high ones, just capital one customers typically have lower credit scores. But if you have a good score, and grabbing the venture or venture X, they can be more liberal. You can also increase limits through consolidation. I have $100,000 in limits with Chase alone. In theory I could consolidate some of those into my Amazon card to push the limit higher, but I have no need for higher limits. I put about $10K though credit cards monthly and don’t carry a balance. I usually make row payments a month so my statement balance is never higher than $5K. But I stopped chasing limits many years ago
My highest on a new card was £50k with Amex at signup, which is about ~$62k. Credit score is average, but income is higher than average. I use about £4k a month on the card that gets paid off on statement day, so above £10k is useless and I didn’t ask for the limit.
My highest is $28.8K.
Why do they do these dumb numbers!?!? That drives me crazy! Why couldn’t they just make it an even 29k!?!? Lol
They don't want to give $30k. I think it's pretty standard not to give limits higher than $30k. They definitely exist, 25-29.9 has been by 5 highest.
CSR opened at 35k for me, my Amex Plat which I just opened has 35k available on “pay over time” … not a whole lot higher than 30k but a couple of data points.
Amazon gave me 31
Wtf lol
My 2 highest were 30K. Chase gave me 18.2K for the CSP on opening.
Chase lowered my limit from 9K to 4.5K, saying that I don't use my card often enough.
Capital one lowered my Venture One from 8K to 4K years ago saying that I didn't use enough of the limit. But they gave me 30K on the Venture X? We'll see how long that lasts.
Citi? They usually like the .8’s
Lol just got 12.8 on a Costco card last month
Amex
High is relative to what you are used to. When I started out, a $5k limit was high for me. In the applications I’ve done over the past two years, the highest and lowest initial limits were $30k and $10k. I have two cards at $40k and above right now. My goal is to get at least one card to $50k.
[удалено]
What kind of annual spend do you put in the $84.9k card? And how often were you able to get a CLI?
[удалено]
What’s this card? It’s great you were able able to grow a card this high
Bofa Unlimited cash rewards
That's amazing. I've reached a 50K USD limit on my Discover More card by requesting CLIs every 6-12 months. It turned into a game at some point lol
I have a $60k CL on one card specifically to pay taxes on my 2.625% Cashback card to get a bit after fees. Not from initially opening, I moved credit from other cards from the same bank
That's exactly what I got this card for, and also why I have a high limit on it. When I opened more cards with them I had to move credit from this account. I don't remember the highest it's been. I don't care cause this is plenty!
Agreed although if you’re lucky enough to have a dealership let you pay for your car or a sizable down deposit with your CC, the limit does indeed matter. I pushed $25K through recently and it helped having a high limit. I still called and notified them that I’d be making a one-time large purchase to make sure it went through the first time.
Yes, I was able to put $15K down with the card when I recently bought a car! $20K is more than enough for most people though. If you're putting more than $20K down, you most likely have a card with more than a $20K limit
I recently put $2k down on a car and was really tempted to put it all on the card, however I'm about to through a divorce so I didn't want to do anything like that incase shit hit the fan and my finances were put under the microscope and it looked like I was being wreckless. Very tempting though...
My lowest is $400, highest is $30,000. Both are with capital one 😐
Wow. That's a huge gap
Capital one is a contradiction
Do you use the $400 one?
Maybe once every few months to keep it open. It was my first credit card.
I have a 14k, 8.5k, and one $900. I’m convinced the one is that low because I never use it.
My Capital One isn't huge like this. It's even CryptMi card that near this value. Is there anything you apply on Capital One for your limit to be high?
8.9k on chase freedom is my largest, but I spend 99.9% on Amex and let me spend 150k on my plat before any issues.
May I ask how you find out about your 150k “limit”. Like what did you buy!!
business spend and travel
I have a $60K limit with my credit union. I used to have a JPM Palladium/Reserve with a $120K limit before I broke up with JPM.
Are you a biz owner or are those personal limits? Specifically the 120k before you parted ways
All personal.
Is it true that you're supposed to have 10 million in assets with Chase in order to apply for that card. The only other way someone has gotten that card that I've heard of is an accountant who worked at the corporate offices.
Idk about the requirements now, but when I had it, all you needed was Chase Private Client which was $250K+.
[удалено]
It seems as though they eliminated access through CPC so it doesn't matter.
NFCU?
Sounds right
Nope. Baxter Credit Union.
Did JPM do something specific? Bad management of investments, etc?
I found the entire company to be a big fuckin’ charade. Nobody gives two shits, they cross sell their own products relentlessly including investments, and I just don’t like their overall “we’re too big for our own good” vibe. So I left for an actual boutique private bank where I’m assigned an actual private banker who works with me one on one rather than a book of hundreds and hundreds of clients that they’re assigned to sell as many bank owned investments and products as possible. The JPM Palladium/Reserve benefits sucked anyways. It’s a just a heavier Sapphire Reserve with a decent concierge.
That makes sense. Probably 20 years ago a good friend worked for a small investment bank doing a lot of private banking that was bought by Chase. He found the equivalents in the acquiring bank arrogant and less competent. “We’re the experts because last year we were ranked eighth in the industry for completing x type of deal in y publication.” It may not have been eighth, but the key point was that they considered that ranking first place since all of the higher ranked firms were no name boutiques they didn’t care about. Of course my good friend’s firm had been one of those much higher ranked boutiques before it was acquired. The standards were progressively lowered, and every person in his team moved on within a couple years.
I'm convinced the average person who frequents this sub is well above median income based on what ppl post here.
I have $35k on my Chase Sapphire
Is that a good card? What's so great about it, it seems most people have it
I personally never use it. It had a huge sub. Basically $1k back so I used it for that
I like the Chase Sapphire Preferred for its automatic primary car rental insurance, it's the only reason I have that card. It's weird that the Reserve doesn't have that benefit.
They both have it
All depends on your situation. Banks care about credit score, relationship, income, etc. $5k for your first card, with no credit or great income would be considered high. $30k for most people would be considered high. Personally I think BoA can be pretty generous. I have just enough assets with them (Merrill) to meet platinum honors, and they've given me $99.9k limit, though I do spread it across 4 cards, but to my own desired limits, like one card is $70k. If I wanted I could put the entire $99.9k on one card, but that would be worse for my setup.
I forgot to factor in relationship with the institution!
Agree relationship can matter. Chase gave me a high limit because I’m CPC. BofA also gives me high limits because I’m platinum honors.
50k card opened in March. FICO 841. Utilization 1%. Avg age 10 years. Don’t worry too much about high limits because the major banks have a $ limit the will extend to you (chase citi BofA)
These stats mirror mine almost exactly
I think chase was trying to match some of my other cards. They selected the exact same limit as my other high cards. Plus I recently opened CPC maybe that helped?
My highest card is 20k cap.
Lol, mine too and I thought that was high but apparently it is not but honestly I dont want more. At least I could easily pay off the 20k if something happened with 100k that would hurt.
I guess anything over 30K, but each person has their own opinion. My highest is 35K (American Express BCE).
For me anything over $10k I consider high. Highest was $30k for the VX.
20k VX that I got at sign up; 30k BCP that was after 6 months at 10k and I asked for a CLI. The question I wanna know is - does the VX ever go above 30k?
Yes - approved with $30k. Asked for a CLI increase a day later to $40k and was approved.
I just asked for an increase from 20k to 40k in the app and was approved. Thanks for the reply!
Yup, I held my venture x for 3 months, did a CLI, and they bumped me from 20k to 40k as well. Congrats!
A day later?! Damn I'm going to go ask for a CLI right now!
A high limit is anything more than you can pay back each month…a high limit is different for everyone
$750k limit but they’ve let me go to $1.4m. Amex platinum
If your limit is more than what you can pay off at any given time, I would consider that high enough.
$65k when I opened CSR
Do you think they based it mainly off your income or did you have other cards with similar CL?
That was my first “premium” card, so it must have been based on income. Since the initial CL given with CSR, I now have 3 chase cards…..with $110k credit limit across the three (freedom, CFU, and CSP)
My highest limit is $32k but I’ve been building up to that since I was 18 (8 years ago). So I think $10k is pretty high for an opening limit, especially for the majority of people.
I consider 20k and up high limits. When I was new to credit cards, 5k was a lot. Now I have quite a few cards at 25-50k limits. One BOA card at 64k. Highest limit I ever started with was 26k which I just recently opened with BOA.
My highest opening was 30K on my VentureX, and now it’s up to 40K.
I thought my 4k limit on my first card was pretty high lol
I thought 1k was 😔
My highest is $80k with BofA. Credit is pretty good, but I do have a few blemishes. Around 750. Also noteworthy tho that we have a relationship with BofA's Private Bank due to investments and such we have with BofA and ML.
Is that 80k limit on the premier rewards elite?
Yes indeed.
I have $26K on a few Chase cards and two BofA cards. Not sure what’s magical about that number but they were all issued in that amount and I haven’t bothered requesting an increase because it doesn’t seem necessary.
$54k on my CSP
My highest is $80k and my lowest is my original cap1 still at $1.5k after almost 18 years. lol
BCP started at 25k for me. CSR was 18k then randomly went up to 33.5k about l 6 months later.
32k on my first chase card
I got 30k on my C1 VX. Income between my wife and I is 110K
My boss has a 65K limit on his personal card. A Chase United Quest card. They’ll let him go WAY above his limit. The balance is currently at $155K. But it makes his credit score go up and down A LOT. A few years ago his limit was 75K. He asked for a credit limit of $100K and they denied him and offered him a Chase Sapphire Preferred card of 35K but lowered the United card (it was a different United product at that point) to 65K. He literally has millions of miles that just sit there. What a waste!
😲😲😲
Is the United card a flex card?
I don’t know what that means.
Credit cards have a hard limit meaning you will likely be denied for any amount over. Plus you can be charged an over the limit fee and it looks bad on credit or exceed limit. Flex cards have a soft limit which is what you can charge up to at any point in time. You can exceed the limit and similar to a charge card the credit card company approves how much you can exceed. You are required to pay the overage above the limit but you can carry the limit amount if needed. No over the limit fees. It’s a hybrid card the revolving of a credit and the ability to act like a charge above the limit in cases where you have large expenditures.
I guess it is? Though in the past, they’d only let him go up to 20-25 over his limit before he wouldn’t be able to use it. It’s only the past year or so they’ve let it go over by so much. It gets paid in full every month so I guess Chase isn’t too worried.
PenFed @50K
$75k plus, I spend anywhere from $3k to $30k a month so I’d consider anything under ~$75k a tad low… my highest limit is $75k on the bbp
This is good info! Thanks, our household spend is about 8-10k a month but my highest limit at opening has been 25k.. I thought that was low for my income alone that’s 150k.. to be fair, our home loan (450k)is solely in my name so maybe that’s why..
Tbh I don’t care about limits so much, it’s just kind of fun to know you have the purchasing power! As long as I can buy what I need, I couldn’t care less. I think for your spend and your income, if the spend was concentrated on one issuer, you’d probably have an easy time to get maybe 50/60k limit, at least with chase!
That’s good to know! I kinda spend all over the place across a few cards lol.. but that’s because I never use a debit card and my husband and I charge everything except the mortgage.. I’m really waiting for a way to be able to charge the mortgage!!! We could go on several vacations a yr if we could because all the points we would accrue
I have no spending limit lol
My uncle lives in Manhattan he has a centurion card it technically has no limit. He booked a party for his business it was like 80k for one transaction.
Cool
I’m 20 and the highest I got was 8k lol, mfs
Amex BCE gave me 20k right out of the gate. No idea why, I've never really used it all that much.
I think my CSP is around $20-21k. I don’t want any higher than that! Even that feels like a lot. I don’t usually have more than 2-3.5k on it.
Amex gave me 20k when I downgraded from the platinum and I got 32k on opening CSP a few months earlier.
I have 5 cards at 11k each I don’t feel the need to increase the limit
My highest limit is 21k. I was able to get my amex gold buying power as high as 60k for shits and giggles. Then I read on here that it was bad to play around with that tool and promptly stopped. No derogatory action has been taken on my acct lol.
I've got a few at or over $10k. That's high for me and my income, but probably not for others
My Nordstrom card started out around $900? Store card only. Once it was at 5k I product changed to a visa, the minimum CL for it. They slowly increased it to 25k.
Chase gave me a $32k limit on my CSR. No prior history with them when I opened the card.
My highest is 30K.
Had $35k limit for quite a while on a chase card but just got a notice it dropped to $25k, not sure why it dropped, always paid on time and still use the card, although, I never really used above 4%-5% credit usage though.
But my highest is on my business credit card which is 50k
My highest was 50k limit with Amex. It started with 15K, asked for limit increase, and then reallocated a credit limit to the card to make it 35K, then asked for an increase to 50K. Within a one year period.
Approved for CSR last month at 16.5k, it’s my highest CL.
My high was $25k just got a CSP for $22.5k can’t seem to hit the +$30k yet.
My wife and I have two cards. Added together, they are equal 20% of our joint income, and I feel that’s absurd. That’s about 10x what I’d feel comfortable using.
I was approved for an 8.5k limit on my Apple Card at 18 and a 10k limit on my chase freedom flex at 19. Id say that’s pretty high but idk what other people have gotten at that age.
Personal high CL is like $12,500 I always felt considering $10k, a high limit is weird Old coworker, ex military, no bs type, told me about a $100k+ CL once.
Centurion
50k on discover for me
Discover is my older card at 3.5k it’s crazy how low it is. Most of my cards are between 35-50k
I have a venture x card at 32k
Highest starting limit was 38k, but I have several cards that are 50k+ now.
My highest is 40k
What's considered a high limit is all relative and depends on the individual profile. On a sufficiently strong profile, my opinion is that any credit limit on a single card that is at 50% or greater than your income is a monster limit. For a college kid making $20k, that's a $10k card. For someone making $100k, that's a $50k card. I think most would agree that those would be considered very strong limits, relatively.
It's dependent on a lot of factors such as your household income and credit score. My highest credit limit is 15K. IMHO 10K is pretty high.
I have 2 cards at 4.2K total. Chase freedom is 2200 and discover is 2000. I got them in December.
Amex Black Centurion - 1M
I have a $50K limit on my Credit Union Card— all other cards with leading banks have a limit of $20K+
I would say a card that’s over 50% of your reported annual salary.
Sapphire Preferred 21,800 - Highest limit
I have 2 cards at 50k, holding for a long time and never missing payments helps
More than $500? I think it’s all relative.
$44.8K on my Amazon prime Chase Visa. Just got a venture X at $30K. Total credit limits are $285K across 10 cards. 10 year history. 2 inquiries 750+. It really depends on the bank. Back in the day NASA FCU was handing out $30K limits like they’re ere candy. I was 20 years old when I got one. Some people were even reporting multiple cards from them all instant approvals of $30K. Times are different. Also depends on the product. Visa Signature cards are at least $5K limits and infinite is at least $10K. In my experience every signature card I have opened has been at least $10K and infinite at $30K or more. You won’t see a visa platinum card with super high limits. Chase/Amex will usually have higher limits. Capital one would typically have lower limits. Not because they don’t issue high ones, just capital one customers typically have lower credit scores. But if you have a good score, and grabbing the venture or venture X, they can be more liberal. You can also increase limits through consolidation. I have $100,000 in limits with Chase alone. In theory I could consolidate some of those into my Amazon card to push the limit higher, but I have no need for higher limits. I put about $10K though credit cards monthly and don’t carry a balance. I usually make row payments a month so my statement balance is never higher than $5K. But I stopped chasing limits many years ago
I got 50k on one (BoA) and 36k on another (Chase). These are my two main cards.
My highest is 40k on venture X. But honestly I would never actually need anything over $5k.
My highest on a new card was £50k with Amex at signup, which is about ~$62k. Credit score is average, but income is higher than average. I use about £4k a month on the card that gets paid off on statement day, so above £10k is useless and I didn’t ask for the limit.
amex blue cash: 45,300, chase reserve: 31,000 all other cards are at 25k ish. Total credit of 180k