No idea what these people are talking about.
There's a category of credit cards that are specifically known as balance transfer cards, because that's the main reason people with those cards get them to begin with. The idea behind getting a balance transfer card is when you have a lot of credit card debt now that you are struggling with so you transfer it to a 0 interest account for temporary relief, which may ultimately become permanent relief if it helps you pay off the debt faster. So someone who is getting one of these cards is gonna be expecting a decent limit, probably an even bigger starting limit than on their other cards because of what they have to deal with.
Pay whatever your comfortable with (obviously at least the minimum payment, whether it's the minimum payment or twice that. When you open a card with an introductory grace period, it can be very helpful when making a big purchase you aren't ready to pay all at once, like furniture for a new apartment/house, or wedding expenses, or your last semester of college and your parents have run out of money available for college expense, etc.
US Bank Cash+ Visa Signature $5000 | Chase Freedom $1500 | JCPenney $1500 | Bank of America Cash Rewards $500 | Discover It Cash Back $3500 | American Express Blue Cash Preferred $6000 | Chase Freedom Unlimited $1500
