Not exact matches
For the
high cash - back seeker with
limited /
average credit history: there's the QuicksilverOne ®
credit card
For the
high cash - back seeker with
limited /
average credit history: there's the QuicksilverOne ®
credit card
Requirements include; — Must have a
high credit score (above 700 FICO score on
average)-- Must have sufficient income to show a low debt to income ratio — Must have a low debt to
credit ratio (
credit limits can not be all maxed out)
Credit Sesame users who have scores 800 or higher barely have any credit card debt: The average credit card limit among users who have the highest score (839) is a generous $ 12,898, yet the average balance is a mere
Credit Sesame users who have scores 800 or
higher barely have any
credit card debt: The average credit card limit among users who have the highest score (839) is a generous $ 12,898, yet the average balance is a mere
credit card debt: The
average credit card limit among users who have the highest score (839) is a generous $ 12,898, yet the average balance is a mere
credit card
limit among users who have the
highest score (839) is a generous $ 12,898, yet the
average balance is a mere $ 54.
The catch is the APR, which is
high at 19.8 % variable APR, although it accepts students with
limited to
average credit who would probably only qualify for that APR if they applied with the other top student
credit card contenders.
If you have an
average credit score and get approved for a new
credit card, your
credit limit may not be as
high as cards offered to people with excellent
credit, but you will find plenty of options with no annual fee, relatively reasonable interest rates and rewards.
Although many
high -
limit cards are aimed at those with excellent
credit and
high incomes, there are also many benefits an
average Joe can get from a
high -
limit credit card.
I didn't see: too many cards / accounts, too
high of a
credit limit (a myth),
average account length is too short, too low of an income, etc...
In general, the
average Discover it ® cardholder received an initial
limit of around $ 3,000, with
higher limits going to those with exceptional
credit and / or particularly
high incomes.
That being said, the
average cardholder had a score over 650, and you'll still need a
credit score in the 700 or better range to qualify for the lowest APRs and
highest credit limits.
That means its holders have no preset monthly
credit limit — but they must pay off the entire balance each month or face
higher than
average interest rates.
Anecdotal evidence from some reviewers suggests that the
highest limit you can reach with
average credit is $ 3,000, and the
highest limit you can reach with the Capital One ® Platinum card overall is $ 15,000.
These cards generally have
higher credit limits then the
average credit card.
The
credit limits are very low starting as low as $ 300 and can sometimes be as
high as $ 1000 although the
average lies in the middle of those figures.
Meanwhile, consumers at the second -
highest credit tier — prime
credit — saw their
average credit limits increase by more than 1.5 percent to an
average of $ 5,175.