I have seen offers for platinum visa and mastercards that say you can get a credit line up to 10000. They ask for 30 for one card or 50 to get both cards. Anyone done this and how does it work. Do they really give you 10000 between the 2 cards.
2007-02-16 07:57:41 · 8 answers · asked by momof3 1 in Business & Finance ➔ Credit
The Credit line will be based upon your credit score and income. Some people may qualify for the 10k right off the bat, and other may start at 2k and have to work your way up.
2007-02-16 08:02:29 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Read the fine print - you can get "UP TO" $10,000 - that means $500, $1000, etc.
You are NEVER guaranteed a $10,000 credit line - you will get what they give you.
Paying an annual fee does absolutely NOTHING to increase your credit line - you could get the same credit line with a no fee card - so don't pay the fee unless the card has some other benefit that you can't get with another card.
2007-02-17 21:48:19 · answer #2 · answered by Beer Boy 2 · 0⤊ 0⤋
The Credit line will be based upon your credit score and income. Some people may qualify for the 10k right off the bat, and other may start at 2k and have to work your way up. Most of them are cheaters so u have to make sure they aren't false!!
2007-02-16 16:46:20 · answer #3 · answered by seherhashmi 3 · 0⤊ 0⤋
Don't go by what credit limit the cards offer. What matters finally is your capacity to repay bills. If you overuse a credit card and spend more than you can repay, you will end up in a hole. Use credit cards as convenience. Never think of them as extension of your income, because they aren't.
Stick to one credit card, or at the most two issued by one of the reputed companies - one for personal expenses and the other for business expenses.
2007-02-17 01:26:16 · answer #4 · answered by Bharat 4 · 0⤊ 0⤋
cheaters all. don take with them
every month they made a faulse statement
then
they wont reply to u abo that matters
better avoid like this. not only india, every where in the global.
some one thinking if they have hold the card means they are rich. stupid thinking.. u lose ur money without ur knowledge.
100,000 giving for 2 cards also pls don take
2007-02-16 16:24:36 · answer #5 · answered by Sekar 4 · 0⤊ 0⤋
if you read the fine print I'm sure these cards are merchandise cards where you can buy thing's from their catalog
2007-02-16 17:56:58 · answer #6 · answered by Anonymous · 0⤊ 0⤋
dont do it,they are after your money,be carefull.
2007-02-16 16:10:14 · answer #7 · answered by ganesh n 5 · 0⤊ 0⤋
Don't send them any mony, as limit is base on income.
--------------------------------
http://www.bestcreditrates.net
2007-02-16 16:22:59 · answer #8 · answered by Anonymous · 0⤊ 0⤋