Re: What's the limit for a toy card?[ Edited ]
10-09-2012 11:17 AM - edited 10-09-2012 11:18 AM
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 735 Discover 9/5/13 Walmart TU 730 EX FICO 726 Amex Pull(1/1/13)|
Starting total revolving credit: $2600 | Current total revolving credit: 31k+
Inquiries (24 Months): EQ 8 TU 5 EX 5 | Most Recent: 09/04/2013
|Amex Zync(Unicorn) |
Citi Diamond Preferred$6000