MemberSince99 wrote:I don't think 1.5x your income is correct Snowman, I've heard of people having limits of 55k they built up over a year or two. But to start, it's way less than that. I checked mine on my Gold when I got it, it was declined for 5k but approved for 4k. Some folks start with less than that part of it is based on income but they use other factors as well.
Speaking of which I'm pulling for you to have the BCE man.
99- Forgive me if I'm wrong but that is what I heard. I agree, I have heard of people having 10-15k balances at a time on a charge card but that is what I heard. When I called in, they told me internal limit was 4k. But the most I spent in a month with them was 740$, but I'm happy with that and there is no I'd ever spend 4k in a month, but good to know it is there if I ever need it.
Visa- Ahh, then you should probably have a good internal limit, I would assume 5-6k but, I could be wrong as it depends on their scoring and internal systems.