It requires an applicant to submit a security deposit in order to qualify; this security deposit determines the credit limit of the card. (lendedu.com)
Most have a pretty straightforward system for determining your credit limit, with factors like your credit score, your income and your debt - to - income ratio influencing the decision. (nerdwallet.com)
Some of the factors that credit card companies consider in determining your credit limit include your credit score, existing debts and your income level. (myfinancekits.com)