Is $10,000 a high credit limit ?
Yes. A $10,000 credit-card limit is generally considered a high limit for a personal credit card.
A rough way to view it:
- $1,000–$5,000: Low to moderate
- $5,000–$10,000: Moderate to high
- $10,000–$25,000: High
- $25,000–$50,000: Very high
- $50,000+: Extremely high
For example, with a $10,000 limit, keeping your balance around $1,000 or less means about 10% utilization, which is generally favorable.
If you're earning $30,000 per year, a $10,000 limit would be a quite respectable limit.
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