Sign up & start saving!
Get our weekly newsletter for the latest in money news, credit card offers + more ways to save
Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
Credit card limit calculator
Learn what factors go into deciding your credit card limit.
Find Your Credit Card
Compare By Card Type
There is no definite way to determine what your credit limit might be, as card providers often follow their own unique policies when deciding your credit limit. Because of that, take any information you get from online credit limit calculators with a grain of salt.
What you can do, however, is learn how certain factors determine your credit limit. This can help you make a more accurate estimate.
How can I calculate my potential credit limit?
As mentioned, there is no concrete way to calculate probable credit limit, and the process to arrive at a credit limit can vary from one credit card provider to the next. Here’s what card providers take into account.
- Credit history. Details in your credit report like repayment history, outstanding debts, and unsuccessful applications for debt can have an impact on your credit limit.
- Income. Your credit limit, in most instances, stays in direct proportion to your income, where higher income normally translates into higher credit limits. The frequency and reliability of income can also affect your credit limit.
- The card provider. Credit card providers can offer you different credit limits even though you submit exactly the same information through their applications. If you’ve banked with the provider in the past, a reliable history on your part can lead to a higher than usual credit limit.
How to use an online credit limit calculator
Online credit card limit calculators can give you a vague idea of what your credit limit might look like. Unfortunately, it’s difficult to determine exactly what your credit limit is and you can’t be entirely sure of how your credit card provider will calculate your limit. Think of them as more of a “credit limit estimator.”
If you do end up using an online credit card limit calculator, bear in mind that the result should only work as an indication of what you can look forward to, and don’t expect your card provider to rely on similar parameters. At the end of the day, it’s your card provider who establishes exactly what your credit limit should be.
How to check your credit card limit
If you have an existing credit card and can’t remember your maximum limit, you can simply call your issuer or login to your account online if available. You can also find this information in the documentation you receive when you open your card account. If you’re unsure if this is what you’re credit limit should be, you can call your issuer.
If your credit card limit is not enough for your needs, you can consider requesting a credit limit increase.
Credit cards with a high credit limit
Providers rarely share credit limit ranges for their cards, which makes it hard to make an accurate estimate on what you’ll get. The maximum limits you find online are mostly anecdotal.
Read the full guide on comparing high limit cards by type:
Compare high limit credit cards
Providers rarely share the credit limit ranges for their cards before you apply. If you’re looking for a high credit limit, users have found that the cards below tend to have ones that are higher-than-average.
What should I be wary of when changing my credit limit?
Increasing your card’s credit limit gives you access to more money. But that may not always be a good thing. Here are the two most common pitfalls.
- Overspending. An increased credit limit translates into you getting more money to spend, and this could lead to a build-up of debt that you may have issues repaying. The higher the credit limits, the higher the chances of overspending.
- Interest. The outstanding balance in your account that rolls over from one month to the next attracts interest, and an increased credit limit can work in increasing the outstanding balance, resulting in you paying more in the form of interest. If you don’t pay your account’s balance in full every month, a credit limit increase might not be a good option.
Bottom line
The credit limit your card comes with defines how much you can spend using your card, and while changing a card’s existing limit is possible, it requires several considerations. Some of the factors that can affect your application for a credit limit increase include your income, your creditworthiness, and the card provider in question. While increasing your credit limit may seem like the resolution to your financial problems, there are a number of considerations you should also be wary of before applying for an increase.
Back to top
More guides on Finder
-
HMBradley account review
HMBradley is a hybrid checking and savings account that earns up to 3.0% APY.
-
Zeta Joint Card review
Zeta Joint Cards allow two people to share one account, but there are several drawbacks.
-
Unifimoney account review
Unifimoney lets you spend, save and invest, but it’s only free for high-income individuals.
-
How to start a solo 401(k)
A retirement plan for self-employed individuals but may come with high administrative fees.
-
Does a car loan affect your mortgage application?
Find out how to increase your borrowing power and get approved for a mortgage even if you have a car loan.
-
AARP Travel Rewards Mastercard from Barclays review
A strong travel cashback card with no annual fee.
-
Bitcoin cloud mining
Read the full guide to Bitcoin cloud mining to see how these questionable services operate.
-
Finder’s Bitcoin Predictions Report: December 2020
58% of panelists expect the Bitcoin bull run to last until at least the second half of 2021.
-
Honeydue Joint Banking review
This bank account and prepaid card combo gives you and your honey a convenient way to manage finances together.
-
Ando Spending Account review
Reduce your carbon emissions and enjoy no monthly fees with this ethical checking account.
Ask an Expert
my card is block i want to pay it in emi basis and my card total payment 70000/- so please send how much i should pay to every month to release my card
Hi Rajashekar,
We’re sorry to hear that your card has been blocked. Unfortunately, we can’t tell you how much to pay a month to release the card, but we can try to put you on the right path to resolve the issue. It’s best if you contact the lender directly to sort out a monthly payment that will allow you to have a line of credit. If that option is not available, you may be able to save some money by paying off your credit card debt with a personal loan that has a lower interest rate than your current credit card. Here is some more information on personal loans. https://www.finder.com/personal-loans
I hope you can get this all sorted out!
Kyle
Fico 770, 200k+ income, home value 333k. Never had a single late pay. Ex-vice president job title for 20+ yrs. 40k average credit. I want a high limit card doing a personal project and withdraw cash amount around 5k a day. What kind of credit card limit and which one should I go for?
Hi Glenn,
Thank you for your inquiry.
Generally, you will only know how much your credit limit is when your credit card application gets approved. The card issuer will only approve you for an amount which they think you can reasonably repay and so they will weigh in a few factors including your credit score, income, employment before assigning you your credit limit.
There are several providers that offer high-credit-limit credit cards that you can compare. If you have an excellent credit score, then you may enjoy a very high limit with these credit cards.
As a reminder, please ensure that you meet all the eligibility criteria and read through the Product Disclosure Statements/Terms and Conditions before applying to see whether it is right for you.
I hope this information has helped.
Cheers,
Harold