What is a good credit limit for a first credit card?

I got my first credit card a couple years ago via Bank of America, and my current credit limit is $9000. Since I don't have any experience with credit cards in the past, I'm wondering if this is good or not? Is there anyway I can increase this limit? What do most credit card limits start at?|||9000 is a very good credit limit, definitely dont try to increase it because that puts an inquiry on your credit report which causes your FICO to lower. most people think the higher their limits the better their credit and this isnt true(it does effect it slightly but there are far greater ways to raise FICO).





one thing to definitely keep in mind is that if you feel you will never need 9K limit; call and get it lowered, this doesnt hurt you at all and is a good idea to protect yourself from identity theft. people get these ridiculous credit limits and dont realize how appealing that is to ID theft.





but to answer your question the best way to increase it without putting an inquiry on your credit report is simply to not use the card at all and leave it with a 0 balance.





different credit card companies have different standards and different mediums for credit limits. Bank of America and American Express are known for having really high limits, while Discover card is known for having more conservative limits.|||That is a very high limit, but is good, if I was you I would try to have a balance of 0 and not use it at all, only for emergencies such as car break down, or others.





Because if you get laid off at least you know that you have whatever you have save up in your bank plus the $ 9,000 in your credit card.





Now I use cash for all my purchases and I just got a Credit card with a limit of $2000 and it is only for emergencies, after 6 months I have only used it twice and paid off right away.





Yes you can increase your limit the only thing you have to do is call them and ask them for an increase, but is up to you if you think you really need it. Just remember


"Credit cards are good servants but awful masters"





Good Luck


|||That's very good. You really don't want to increase the limit for now and make sure you pay off the full amount monthly otherwise it's a downward spiral. Yes if you max out they will increase our limit but that just get you deeper in to the debt mire. |||That's a high limit. If it is too much depends on you. If you are responsible and do not carry a balance, it doesn't matter how high your limit is. But, if you are not responsible, then $500 is too much.|||I don't know how old you are. That is very high


Be care full if you max that out it will take 10 years to pay it off


Most first cards are $500-$1,000


They will increase it as you prove you can pay it


|||Actually,u don't have 2 think about the money...Just buy the things that u really need to have and leave all the others when u have cash..Do this coz i'm sure that u donn't wanna have debts..!take care..!|||Increasing it would be stupid. You should ask them to lower it so you don't max it out and get yourself into trouble. You do NOT want to be $9,000 in debt.