Re: What's the limit for a toy card?
10-09-2012 11:22 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.
Well there is no set-in-stone limit that would differentiate between what is a toy limit and what is not. You are only going to get peoples own varying opinions. When we say toy limit we don't mean you can only buy toys with it, we mean that the limit itself is like a toy - or - the inability of the card to be useful in real life situations.