credit limit

noun

: the most money that a bank or business will allow a person to borrow
Some banks will charge a fee if you go over your credit limit.

Examples of credit limit in a Sentence

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Your credit limit on a zero-interest card might range from $1,500 to $10,000 or more, depending on your credit score and other factors. Daniel De Visé, USA Today, 27 June 2025 Credit utilization is the share of one’s outstanding debt relative to their credit limit. Greg Iacurci, CNBC, 14 June 2025 Companies either get declined or receive a low credit limit that’s slow to rise, making the path to growth and investing in innovation particularly challenging. Forbes, 20 Feb. 2025 Having a higher credit limit – and more credit cards -- can help keep your utilization rate low, provided you wield credit carefully. Daniel De Visé, USA Today, 15 June 2025 See All Example Sentences for credit limit

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“Credit limit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20limit. Accessed 5 Jul. 2025.

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