A credit card limit is typically considered as the maximum amount that a card holder may spend. This is the amount of money that the bank or issuer of a credit card is willing to let the card holder spend without extra fees or without blocking the card from being used again. How each bank [...]
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When you say you have a high limit credit card, what does that really mean? To one person it might mean a $2000.00 limit. To another, $5000.00 would define a high limit credit card. The term is relative, but generally speaking, it describes a card with a credit limit of $10000.00 or more. High limit [...]
