Do banks look at ot...
 

Do banks look at other cards' limits?  

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(@james8)
Active Member
Joined: 3 years ago
Posts: 5
14/03/2017 10:32 am  

Hey people, do you know by any chance if banks usually look at other credit cards’ limits?


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(@lester12)
Active Member
Joined: 3 years ago
Posts: 6
20/03/2017 7:40 am  

Hi, I suppose you are asking this to know whether the limit the bank will place to your new card is determined by the limits you have on your other cards, right?


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(@james8)
Active Member
Joined: 3 years ago
Posts: 5
20/03/2017 7:43 am  

Exactly, I already have two credit cards with rather low limits and my aim is to open another account which would offer me a higher limit and I was wondering how banks decide which limit to put. Are they checking my other accounts and place a limit similar to those? Or are other factors involved here?


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