topic Re: TD Double Up Credit Card Approval with a $800 credit limit in Credit Card Approvals

TD Double Up Credit Card Approval with a $800 credit limit

jonathan101 — Thu, 09 Oct 2025 17:02:44 GMT

Hello, a few days ago I got approved for the TD double up card with a $800 credit limit, kinda small but I think it's due to my credit history which made me approved for only that much of a credit limit of the card but I can always request for a credit line increase in the future to increase the credit limit on the card. But anyway, I main point is I also have the TD Cash secured credit card to rebuild my credit at the time which was then graduated to an unsecured TD Cash credit card but it only has a $300 credit limit in it since that was the amount I put it to deposit the card. Since I got approved for a higher credit limit of $800 for the double up card should I still keep my cash card open to continue gaining credit history in it or should I just close it since it has a lower credit limit. Any advice from someone would be appreciated! Thank you

Re: TD Double Up Credit Card Approval with a $800 credit limit

GZG — Thu, 09 Oct 2025 17:07:43 GMT

@jonathan101 wrote:
Hello, a few days ago I got approved for the TD double up card with a $800 credit limit, kinda small but I think it's due to my credit history which made me approved for only that much of a credit limit of the card but I can always request for a credit line increase in the future to increase the credit limit on the card. But anyway, I main point is I also have the TD Cash secured credit card to rebuild my credit at the time which was then graduated to an unsecured TD Cash credit card but it only has a $300 credit limit in it since that was the amount I put it to deposit the card. Since I got approved for a higher credit limit of $800 for the double up card should I still keep my cash card open to continue gaining credit history in it or should I just close it since it has a lower credit limit. Any advice from someone would be appreciated! Thank you

TD bank is a very conserative bank for credit limits, but glad they were able to unsecure your secured card with them

assuming your $300 card has no annual fee, I see no harm in keeping it open, I assume you've already got you $300 back from the security deposit.

if you're still being charged the $29 annual fee, I would close it before you incur another annual fee, otherwise just keep it open IMO

Re: TD Double Up Credit Card Approval with a $800 credit limit

FicoMike0 — Thu, 09 Oct 2025 21:55:11 GMT

Ditto @GZG

Credit limit has no direct effect scoring. You benefit from at least three accounts reporting in terms of positive history. I