The credit limit is the maximum amount of money you may charge on your credit card. This limit is mainly determined by your credit risk. So, it depends on the terms of your card, on your income and may be changed according to your credit history. If you prove to be a good credit payer, you'll be given a higher limit. That's why before applying for a card consider your credit report and estimate your financial state. If your score is poor (below 620), your limit probably won't be very high. Generally initial limit for bad score amounts to several hundred dollars. Keep in mind that the limit is not a constant figure, it may change as your score changes. That's why if you want the higher limit you must use your credit lightly, pay all the bills on time and keep your score as high as possible. In this case you'll be able to apply for the best credit cards
with the highest limits.
All credit cards terms, fees and rates mentioned in this article/post are actual on the posting date. See the current products’ Terms & Conditions on the issuing banks' websites.