2 ms·
Of course, I ask because of my own annoying experience just now. Last week I ordered a new macbook, one of the higher end models. At checkout there is an offer
by hoten 3y ago
Of course, I ask because of my own annoying experience just now.
Last week I ordered a new macbook, one of the higher end models. At checkout there is an offer for the Apple Card, and so I do it for the 3% cash back. Surprisingly the credit limit given was _less_ than the order purchase amount, so the Apple store ended up canceling the order a week later.
Attempts to raise the limit w/ Goldman Sachs (who I understand have never done consumer credit cards until now) hit a deadend as the card is too new. The limit on the card is surprisingly low, I have other cards (albeit with history) >10x the Apple Card's limit. It seems odd to receive a limit of ~2500 from a bank when you present them with a tech-industry salary + high credit score.
- codingdave 3y ago> I have other cards (albeit with history) >10x the Apple Card's limit. I'm not an expert, but might that be the reason you got a lower limit? When a credit decision is made, they look at your existing credit and take into account how much debt you could be in if you went out tomorrow and maxed it all. So if you are holding multiple cards with large limits... you might just be maxed out.