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CREDIT CARDS....Posted:

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So I got my first credit card today. I set a limit of $300 dollars and am a little confused. If I buy something over $300 dollars does my credit card deny it?? Or is it a $300 dollar limit every 24hrs
#2. Posted:
maDz
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You have a spending limit up to 300$. If you try to go over the payment will be denied. Once you buy something with the card, you need to pay it off to get that 300$ limit back.
#3. Posted:
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Use it wisely i know few people who made a mistake of swiping their card and got into debt, 300 is not too much but for some people it can be a lot.
#4. Posted:
iJustine
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It depends where you got your credit card from. Read over your paper work and see what happens when you go over your limit as alot of banks work differently.
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Thank you. I was so confused because I even called capital one and it was hard to understand them because of their accent. I wanna buy an Xbox one S but it's over that $300 limit.
#6. Posted:
maDz
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GTAKRAYZE wroteThank you. I was so confused because I even called capital one and it was hard to understand them because of their accent. I wanna buy an Xbox one S but it's over that $300 limit.
Pay it off every few weeks. Every month you have to pay a minimum payment or you will be paying fees and that's not good for your credit score.
#7. Posted:
iJustine
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GTAKRAYZE wroteThank you. I was so confused because I even called capital one and it was hard to understand them because of their accent. I wanna buy an Xbox one S but it's over that $300 limit.


Look around online you're bound to snag a great deal on XB1s.
#8. Posted:
661King
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Capital One automatically increases your limit to $500 after 6 months of paying on time. I recommend if you are going to use it, pay it off quickly so you don't pay much on interest.
#9. Posted:
Mike
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Anything under 300
#10. Posted:
20
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That 300 will be your limit but it will be a good start to build a credit history
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