Credit Limit Question

[DigitalArk]

Does a new lender, in this case-credit card issuer, give out credit limit according to the lowest limit on your credit reports?

[sccredit]

Every lender is different

[takeshi74]

Not in my experience.

[YahComb]

issuer dependent. Will also somewhat depend on your total lines relative to your reported income.

for me

Discover gave me 1K, very early in my history and with 4 cards @ 600, 750, 1000, 1400. They asked if that was "good enough" i argued for 1.5K but they wouldnt move.

Chase-i apped for the Sapphire and Freedom at the same time. got both- the Freedom matched my then highest @ 3K, and i was approved for a 5K sapphire

Us Bank-beat my highest line, then 6K, with 6.5K

Citi-basically gave me the average per line with 4.5K

Barclays-Matched my lowest @ 2.5K

[djc1puno]

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@YahComb wrote:

issuer dependent. Will also somewhat depend on your total lines relative to your reported income.

for me

@discover gave me 1K, very early in my history and with 4 cards @ 600, 750, 1000, 1400. They asked if that was "good enough" i argued for 1.5K but they wouldnt move.

@Anonymous-i apped for the Sapphire and Freedom at the same time. got both- the Freedom matched my then highest @ 3K, and i was approved for a 5K sapphire

Us Bank-beat my highest line, then 6K, with 6.5K

Citi-basically gave me the average per line with 4.5K

@Barclays-Matched my lowest @ 2.5K

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+1 just all depends on issuer

YahComb,

what was your profile when you got approved for the chase CS?