Credit Card Limit — How To Check & Increase

The maximum sum that can be borrowed on a credit card at any particular moment is referred to as the credit card limit. According to each person’s credit score, the credit card issuing company determines its own limit. Until the bank decides a change is required, it is communicated at the time of issuance and remains the same.

To prevent your expenses from going beyond, it is critical to be aware of your credit card limit. Your credit score may suffer if you charge more than your credit card’s limit. Your trustworthiness and future chances of obtaining a loan with favorable terms are both hampered by a low credit score.