Techno4K wrote:I hear that CapitalOne and Discover is very stingy so I am staying away from them, unless I am wrong.
It just all depends on one's credit and the creditor's underwriting criteria. Discover may have only given me $4,500 but there certainly those who have received well over $10K. I'd suggest finding card that suit you. If your credit supports a high limit then you'll get a high limit.
Techno4K wrote:Indeed. I like Chase. They do give me very generous limits. So does AMEX.
...and here's an example of why you shouldn't rely on generalizations. AmEx hasn't given me generous limits. After requesting a 2X CLI they finally matched my highest limit at the time but that has been surpassed since then by PenFed.
Techno4K wrote:However, I am sure credit unions usually don't have good rewards, unless something has changed in the past few years that I don't know of.
Again, don't rely on generalizations. PenFed gives me unlimited 5% cash back on gas automatically credited every statement which I find useful. Plus you have to determine which is the bigger priority for you. So far you've stated only limits. If that's the case then credit unions can be good options for higher limits (but, again, don't rely solely on generalizations). If you want higher rewards then you need to find the rewards that suit you best.