Your credit limit will depend on your creditworthiness. The higher your credit score, the higher your credit limit. To determine your credit limit, credit issuers look at your income level, but your credit history is the biggest factor. Here are average credit limits according to credit score:
- excellent credit (720-850): $5000-$8000
- average to good credit (620-719): $2000-$4500
- limited credit (300-619): $500-$1500
Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.