topic Re: Current cards with large initial CL? in Credit Cards

Current cards with large initial CL?

Desmoire — Wed, 28 Jun 2017 19:36:25 GMT

Hello everyone! I haven't been on these forums much lately so I'm a little out of the scoop on current products out there. Does anyone know of any current companies / cards giving out large initial CL? As a new milestone I am shooting for the 100k mark of total available credit. =)

Re: Current cards with large initial CL?

AverageJoesCredit — Wed, 28 Jun 2017 21:01:15 GMT

Capital One Venture

Navy- if profile supports

Chase CSR , possibly , minimum 10k

Theres a Region specifivl credit union a poster talked about recently that minimum sl is 25k, i think FTCU, but may be wrong

Penfed- if profile supports

Synchrony Lowes, can get big limit fast if profile supports it.

I believe a premium card from US Bank for travel has been giving big limits, cant recall name right now.

Re: Current cards with large initial CL?

Anonymous — Wed, 28 Jun 2017 21:58:47 GMT

Disclaimer : Sorry if this response disappoints you.

Credit limits, in my view, are based on three factors:

1. Credit history, score and financial health of the applicant

2. Underwriting capacity of the issuing bank itself and

3. The risk the issuing bank is willing to take on the facts revealed by the applicant...

There is no direct answer. While some products tend to provide higher limits, it also depends on what kind of credit profile they're targeting.

Re: Current cards with large initial CL?

Anonymous — Wed, 28 Jun 2017 22:04:42 GMT

The only card that comes to mind without higher end credit profiles is the CapitalOne Venture. People seem to easily get 15k or more even with mid to high 600 FICO 8 scores.

Re: Current cards with large initial CL?

mitchblue — Wed, 28 Jun 2017 22:15:28 GMT

Are you looking for something particular, rewards? Cash back? Travel? Or just the CL?