<ul data-eligibleForWebStory="false"><li>A credit card limit is the maximum amount you can borrow on your card at any given time.</li><li>Factors such as income, credit score, repayment history, and existing debts determine the credit card limit set by banks.</li><li>Key factors to consider when determining the right credit card limit include assessing monthly income, considering monthly expenses, debt-to-income ratio, credit utilization ratio, and lifestyle expenses.</li><li>A suitable credit card limit is generally recommended to be two to three times your monthly income, based on various financial factors such as debt obligations and spending habits.</li></ul>

What’s The Right Credit Card Limit For Your Income? Here's How To Determine

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