4 août 2022 · Most low-limit credit cards are perfect for people who are new to building credit and don't have enough history to generate a credit score. A ...
What is the lowest limit on a credit card?
Your first credit limit may be as low as $100 if your first credit card is from a retail store, but you might be approved for a slightly larger credit limit up to $500 if your first credit card is issued by a bank or credit card company.
What does it mean by credit limit low?
Generally, you should keep your overall credit limit low enough — by restricting the number of accounts you have — so you don't overspend and don't rack up interest charges when carrying a balance from one month to the next.