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What is credit limit on your credit card and what is your salary?

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Comments

  • Dandytf
    Dandytf Posts: 5,073 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited 26 July 2021 at 6:34AM
    18.5k limit across a few 2021 cards.
    2% utilisation.-excluding 3% paypal credit/next pay.
    17.25k salary.
    Replenished CRA Reports.2020 Nissan Leaf 128-149 miles top charge. Savings depleted. VM Stream tv M250 Volted to M350 then M500 since returned to 1gb
  • Nebulous2
    Nebulous2 Posts: 5,936 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I have had total limits over my salary for at least 20 years. At times my limits have been more than twice my salary. I've recently retired, taken a part-time job and closed one credit card, leaving my limits at about 1.75 times my income. 
  • MEM62
    MEM62 Posts: 5,607 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Credit limit across three cards 53% of my salary.
  • jbrassy
    jbrassy Posts: 1,048 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Combined credit limits across my 3 cards come to 47% of salary.
  • "What is credit limit on your credit card and what is your salary?"


    Non of your business. Why do posters answer these inane questions?

  • MallyGirl
    MallyGirl Posts: 7,546 Senior Ambassador
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    I used to have total limits of way more than my annual salary but have simplified my financial life now that the interest rates are so low - total is a little less than my salary these days.
    I’m a Senior Forum Ambassador and I support the Forum Team on the Pensions, Annuities & Retirement Planning, Loans
    & Credit Cards boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
    All views are my own and not the official line of MoneySavingExpert.
  • Brie
    Brie Posts: 17,018 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    I have 4 cards that have a total of 1.4 times my gross salary.  OH has 1 card which is 22 times!  Not really affordable for either of us!!!
    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.  If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board:  https://lemonfool.co.uk/financecalculators/soa.php

    Check your state pension on: Check your State Pension forecast - GOV.UK

    "Never retract, never explain, never apologise; get things done and let them howl.”  Nellie McClung
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  • Jami74
    Jami74 Posts: 1,333 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper

    "What is credit limit on your credit card and what is your salary?"


    Non of your business. Why do posters answer these inane questions?

    It's to help fraudsters build a profile on us. Elsewhere on the site is a thread asking our date of birth and the name of our first pet ;)
    Debt Free: 01/01/2020
    Mortgage: 11/09/2024
  • JohnSwift10
    JohnSwift10 Posts: 556 Forumite
    Fifth Anniversary 100 Posts Photogenic Name Dropper
    I've got 6 credit cards with a total of £25,000 credit and I'm an OAP with an income from my pensions of £13,000 a year.
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