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Karlsult Posted 21 years ago
Vocabulary

Help with a "phrase"

Hi,

I went shopping for a credit card. This is a real story. They gave me a form to fill in. There was one question where I needed to enter an amount. Ex: 2000

The question was:

"Credit Card limit amount required"

Anyone know what you must enter as the answer. The answer must be number, but I do not know what is it refering to.

Hope anyone can answer me.

Thanks

Karl

  

Top answer

Karl, Every credit card has a certain maximum limit of spending money per month which you can not exceed. Some companies fix the limit by themselves for the beginers. But, later they increase the limit based on the credit history.

— Science_guru

  • Karl, Every credit card has a certain maximum limit of spending money per month which you can not exceed.
  • Some companies fix the limit by themselves for the beginers.
  • But, later they increase the limit based on the credit history.
  • You can also request them to increase your maximum limit.
  • I guess $2000 to $3000 per month is fairly reasonable amount for a common man.
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1 Answers
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Karl,

Every credit card has a certain maximum limit of spending money per month which you can not exceed.

Some companies fix the limit by themselves for the beginers. But, later they increase the limit based on the credit history.

You can also request them to increase your maximum limit.

I guess $2000 to $3000 per month is fairly reasonable amount for a common
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