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Charge cards are a special type of credit card where you must pay the balance in full each month. All the Visa credit cards are regular credit cards that, Corporate Office provides detailed information on corporate offices.
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What is a Good Credit Limit on a Credit Card? | Discover
https://www.discover.com/credit-cards/resources/good-credit-limit/
3. Credit Limits for Secured Credit Cards. For a secured credit card, your credit limit is based on the amount of your security deposit (up to what the issuer has approved). For example, if you deposit $1,000 on your secured card, your credit limit is $1,000. 4.
How Credit Card Limits Work | Discover
https://www.discover.com/credit-cards/resources/credit-limit-determined/
How is a Credit Card Limit Determined? Credit card limits reflect how much money an issuer thinks cardholders can borrow and manage responsibly. Your credit score is an important factor in determining your credit card limit, but a high score alone does not necessarily guarantee a high credit limit. To determine credit limits, issuers typically look at your credit …
FAQ discover credit card limit
What is the discover student credit card limit?
The Discover student credit card limit is $500 or more for both the Discover it Student chrome Card and the Discover it Student Cash Back Card. There is no reported maximum Discover student credit card limit, but there are reports of cardholders receiving an initial limit of as much as $3,000.
How much can you get with a discover it card?
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.
What are the benefits of a Discover credit card?
No matter which Discover credit card you choose, you can expect a few general benefits. This includes the cash back and balance transfer cards, as well as the secured card option designed for credit-building consumers and the student cards for first-time cardholders.
What is a credit card limit?
If your application for a credit card is approved, one of the first pieces of information you’ll receive is your credit card limit, which is the maximum amount of money you can charge. You may be asking yourself, “What is a good credit limit?”
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