What is a Good Credit Limit on a Credit Card? - Discover

Jan 15, 2024 · Your credit score is based on a variety of factors and inputs, some of which are related to your credit limit. For your FICO ® Score, payment history typically makes up the largest category of the total calculation, while amounts owed is still a considerable factor in the FICO …

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3 Highest Discover Card Credit Limits (Oct. 2024) - CardRates.com

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Oct 1, 2024 · We found references to Discover cards with credit limits between $50,000 and $60,000. Naturally, your credit card limit will depend on several factors, including your credit …

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Do Discover Credit Card Limits Run High Or Low? - WalletHub

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Oct 30, 2024 · Discover credit card limits will always be at least $500, and there’s no disclosed maximum. How much you get is determined by your creditworthiness. ... To get approved for a …

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What Is The Highest Credit Limit On A Discover Card? - WalletHub

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Jan 15, 2024 · The highest credit card limit you can get is over $100,000 according to reports from credit card holders. But like most credit cards in general, even the highest-limit credit cards will …

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What Is The Highest Limit People Here Have On The Discover IT

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Discover was my second credit card ever. I have been with them for almost 10 years. My credit limit is $33,200. I request credit limit increases every 3-6 months and especially when I get a …

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What Is The Starting Discover It Cash Back Credit Limit? - WalletHub

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Jan 15, 2024 · In addition, the Discover it Cash Back card’s $500 limit is comparable to the limits on similar rewards credit cards for good credit, such as Chase Freedom Unlimited®. Keep in …

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Discover It® Card: Credit Limit, Benefits & Pre-Qualify Online

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Jan 25, 2024 · The minimum credit limit a Discover it® cardholder will receive is $300, and no cardholders reported a Discover it® credit limit above $20,000 (though we’ve personally heard …

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Students' Guide To Credit Card Limits | Discover

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Mar 7, 2024 · Most student credit cards will have a limit of less than $1,000, with some issuers providing an initial limit of just $500. However, a credit card with a low limit for students is …

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Best Credit Cards Of November 2024 - The Motley Fool

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5 days ago · Student credit cards are sometimes light on perks, but this Discover one might surprise you. You can earn 5% cash back on up to $1,500 of spending in rotating bonus …

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Discover It Cash Back Card Reviews [2024] - 5% Back & Low Fees

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3 days ago · The Discover it® Cash Back credit limit is at least $500 for all cardholders. It has the potential to be higher, too. Discover does not disclose a maximum credit limit, but there are …

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What Is The Minimum Credit Limit For Discover Card? - WalletHub

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The credit limit for a Discover student credit card is $500 at a minimum. Your initial credit limit is based on factors such as your credit report, income, and debt, and some people have reported …

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FAQs about What is a Good Credit Limit on a Credit Card? - Discover Coupon?

How much is a Discover credit card limit?

We found references to Discover cards with credit limits between $50,000 and $60,000. Naturally, your credit card limit will depend on several factors, including your credit score, credit history, account age, income, and debts. Discover seems to offer moderate initial credit limits but provides several ways to get a credit line increase: ...

What are the credit limits for discover ® miles?

We’ve documented Discover it® Miles credit limits as high as $14,000, but we can’t rule out larger credit limits. We imagine most Discover cards can have equally high credit limits unless you have a student or secured card from the bank. You can turn your miles into statement credits for eligible travel expenses or to pay your balance. ...

What is the discover it cash back credit limit minimum?

Discover it Cash Back’s credit limit minimum is identical to that of all other Discover it credit cards, with the exception of the Discover it Secured Credit Card, where the limit must be set by a security deposit as low as $200. ...

How much deposit do I need for a Discover credit card?

Secured Card Deposit Range: If approved, you must make a minimum security deposit of $200 (or more, in increments of $100 up to $2,500), which will equal your requested credit limit. Discover will determine your maximum credit limit by your income and ability to pay. ...

How do I increase my Discover credit limit?

Increasing a credit limit allows cardholders the flexibility to make larger purchases and can strengthen credit by impacting utilization. You can ask Discover for a credit limit increase by calling the number on the back of your card or through your online account. Increases can also happen automatically with responsible credit card use. ...

What credit score do you need for a Discover credit card?

With a few exceptions, you must have a good credit score to qualify for a Discover credit card. That means you’ll need a score of 670 or higher in the FICO scoring system. The issuer’s student card duo, Discover it® Student Cash Back and Discover it® Student Chrome, account for two of the exceptions. ...