Valued Contributor
creditnocash
Posts: 1,916
Registered: ‎07-23-2012
Re: What's the limit for a toy card?
[ Edited ]

Jlu wrote:

It's a subjective question based solely on one's own income and financial obligations. 

 

For example, a $100 bill is worth more in the eyes of a homeless man than it is to Donald Trump. A $500 limit card held by a college student making $20k/year is going to be more useful than it is to a professional making $80k/year. This is along the same lines as the 'what makes a card prime' question that comes up every month here.


thats what i was trying to avoid prime vs sub.

this is solely for cl question. i know some people on here have cl on 20k+. 

a toy could be a macbook and that costs 2k for a standard one. 

 

 

@injustifiiable like stated macy's gave me my first non co signed card with 100 limit and now it sits at 3.5k  and they're cli are soft pull so i still see them as a plus in my book. 

Current: EQ FICO 690, TU FICO 692, Walmart TU 737 EX FICO 726 Amex Pull(1/1/13)

Starting total revolving credit: $2600 | Current total revolving credit: $21,600

Inquiries (12 Months): EQ 6 TU 4 EX 5 | Most Recent: 8/30/2012


2013 Goals:
Freedom Signature
Costco:True Earnings

Amex Zync(Unicorn)
Chase Freedom$1500
Citizens Mastercard$5000