To add to this as well, this can be disabled, but it's on by default for new applicants. They can put a limit on the charge cards as well, so it can be almost a

To add to this as well, this can be disabled, but it's on by default for new applicants. They can put a limit on the charge cards as well, so it can be almost an ambiguously limited credit card now. That said, I don't think being given a set limit is very common, or very impactful for the average person unless you're a large spender.