The content is accurate at the time of publication and is subject to change.
Credit limits are determined by credit card issuers depending on your creditworthiness. The higher your credit score, the better chance you have of getting a high credit limit - in the $10,000 to $30,000 range. Issuing banks do look at your income level as well when determining your credit limit, but credit history is the biggest factor. Here is a range of expected credit limits according to credit score:
- Average starting credit limit for customers with excellent credit (750-850†): $5000-$8000
- Average starting credit limit for customers with average to good credit (640-749†): $2000-$4500
- Average starting credit limit for customers with limited credit (300-639†): $500-$1500