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
Recent Examples on the Web
When approved, the business receives a credit limit.
—
Rohit Arora, Forbes, 10 Jan. 2025
Credit cards have a maximum credit limit determined by your financial institution.
—Ryley Amond, CNBC, 23 Dec. 2024
Another method is to request a credit limit increase from your card issuer.
—True Tamplin, Forbes, 28 Nov. 2024
What to consider before opening multiple credit cards Opening more cards to increase your credit limit isn’t a wise move for everyone who wants to improve their credit score.
—Cheyenne Devon, CNBC, 29 Nov. 2024
See all Example Sentences for credit limit 
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Rohit Arora, Forbes, 10 Jan. 2025
Credit cards have a maximum credit limit determined by your financial institution.
—Ryley Amond, CNBC, 23 Dec. 2024
Another method is to request a credit limit increase from your card issuer.
—True Tamplin, Forbes, 28 Nov. 2024
What to consider before opening multiple credit cards Opening more cards to increase your credit limit isn’t a wise move for everyone who wants to improve their credit score.
—Cheyenne Devon, CNBC, 29 Nov. 2024
See all Example Sentences for credit limit
Dictionary Entries Near credit limit
Cite this Entry
“Credit limit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20limit. Accessed 19 Jan. 2025.
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