- Centurion Member
- Posts: 257
- Joined: Sun Oct 14, 2012 10:22 pm
- Location: California
I read that all Visa Signature cards have a minimum of $5k limit. My mom and I were approved for a joint Amazon Rewards Signature card with a $10k limit for me to use, manage, and build credit with (was declined before becoming joint owner w./ her), but before we know about DUR she decided to have the limit lowered the limit to $1k (later raised to $2k) to cap her liability for my purchases.
We did not make that mistake on the new US Bank Cash+Visa signature I'm also joint on, but because Visa Signature Cards have a $5k credit limit (or so I recently read), does that mean the Amazon card won't be renewed as signature when it expires or even has lost signature status already?
Sole Ownership Cards:
1st Financial Bank Platinum Student Visa, $500 CL, Open Since 3/2012
Citi Forward Student Visa, $6k CL, Open Since 10/2012
Costco TrueEarnings Amex, $6k CL, Backdates to 1/2012
SallieMae Rewards Barclay Mastercard, $2.5k CL, Open Since 4/2013
Jointly Owned Cards (co-owner with mom, not AU, used and paid only by me):
Chase Amazon Rewards Visa Signature, $2k CL, Open Since 8/2012
US Bank Cash+ Visa Signature, $13.5k CL, Open Since 10/2012
Authorized User (Parents Pay/Use)
Costco TrueEarnings Amex $29.4k CL, AU since 11/2012