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Old 09-10-2007, 02:45 PM   #1
MinnieMe2DW
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Low Limit Disney Chase Credit Card??

$500 credit limit??? Is this normal to start??? I've never been given a low credit limit, my credit is great. Even my other chase accounts have 5x as much limit as the Disney card I got and I pay it off EVERY month.

I just wondered if it's normal to start out with a low credit limit. I did request an increase, I was hoping for more so I can start getting Disney rewards... I can't do much with a $500 limit.. $5/month isn't going to get me far in Disney! lol
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Old 09-10-2007, 02:47 PM   #2
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Quote:
Originally Posted by MinnieMe2DW View Post
$500 credit limit??? Is this normal to start??? I've never been given a low credit limit, my credit is great. Even my other chase accounts have 5x as much limit as the Disney card I got and I pay it off EVERY month.

I just wondered if it's normal to start out with a low credit limit. I did request an increase, I was hoping for more so I can start getting Disney rewards... I can't do much with a $500 limit.. $5/month isn't going to get me far in Disney! lol
Chase seems to be doing some weird/ugly things lately as I've been reading on these boards today so might just be another strange one! Call them is your best bet to getting the answer you are looking for.
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Old 09-10-2007, 02:51 PM   #3
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Mine was only $1000 to start (and my Amazon Chase card was $3500 or so). I was able to increase it about 3 months later when I needed it, but they've never periodically increased my limit, as opposed to my Amazon card which they do.
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Old 09-10-2007, 02:59 PM   #4
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I have stellar credit and when I got my Disney Visa, the limit was only like $750. The only way I got chase to raise it was by closing one the other card I had with with them (which had a much higher limit) and combining the credit limits. I wasn't thrilled about closing the 1st card, but we wanted to use the Disney Visa rewards for our wedding/honeymoon, and needed the higher limit to make it worthwhile.
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Old 09-10-2007, 03:33 PM   #5
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Quote:
Originally Posted by MinnieMe2DW View Post
$500 credit limit??? Is this normal to start??? I've never been given a low credit limit, my credit is great. Even my other chase accounts have 5x as much limit as the Disney card I got and I pay it off EVERY month.

I just wondered if it's normal to start out with a low credit limit. I did request an increase, I was hoping for more so I can start getting Disney rewards... I can't do much with a $500 limit.. $5/month isn't going to get me far in Disney! lol
Quote:
Originally Posted by hmgolden View Post
I have stellar credit and when I got my Disney Visa, the limit was only like $750. The only way I got chase to raise it was by closing one the other card I had with with them (which had a much higher limit) and combining the credit limits. I wasn't thrilled about closing the 1st card, but we wanted to use the Disney Visa rewards for our wedding/honeymoon, and needed the higher limit to make it worthwhile.

Yeah, when I applied for the Disney Rewards Visa, I also got a really low credit limit of about $500-$1000. It was the LOWEST credit limit that I have ever received when opening a credit card - lower even than my first! The funny thing is that over the years many of the banks and credit card companies (First USA and Bank One) that issued my credit cards merged and I had about 2-3 OTHER cards with Chase with most credit limits in the five digits.

When we purchased our DVC add-on, I wanted to charge the full amount to my reward card. I didn't want to close any of my other other Chase cards because of my long credit history - some were opened in the 80's. So, I called and had the credit card representative transfer a $12,000 limit from one of my older cards to one of my newer reward cards instead.

I do think that this credit limit transfer counts towards your credit limit adjustment that you can only make every few months. I didn't want a total credit limit increase with Chase - I just wanted an increase on the card I was using the most.

I keep do keep my older cards open but unused and mainly use my newer rewards cards. Hope this helps.
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Old 09-10-2007, 03:38 PM   #6
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credit limit

i am a 20 year old kid with AMAZING credit and they gave me a 2000 dollar spending limit. so i dont know, maybe they want to punish the people more likely to be responsible, i know i am 700 dollars from maxing it out
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Old 09-10-2007, 03:50 PM   #7
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I also got a $500 limit on my Disney card despite excellent top-tier credit. My other cards have limits in the 25-35K range so $500 from Disney was insane. As a result, we never really used the card.

The only time I use it is when they do a special pin promotion while we're in WDW.
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Old 09-10-2007, 03:53 PM   #8
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Quote:
Originally Posted by MinnieMe2DW View Post
$500 credit limit??? Is this normal to start??? I've never been given a low credit limit, my credit is great. Even my other chase accounts have 5x as much limit as the Disney card I got and I pay it off EVERY month.

I just wondered if it's normal to start out with a low credit limit. I did request an increase, I was hoping for more so I can start getting Disney rewards... I can't do much with a $500 limit.. $5/month isn't going to get me far in Disney! lol
We carry no credit card debt, have excellent credit and they gave us $1000. The reason I applied was to do the rewards and the 6 mos. zero interest for paying the balance of our trip to earn rewards to use on the trip.

THEN, my 19 year old son applied so I could get the 25 bonus reward dollars (because I was at 19 reward dollars before our trip and couldn't get a card without it being at least 20) and they gave him a $1500 credit limit! He has no job, he's a college student. He's also had overdrafts at the bank.
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Old 09-10-2007, 03:55 PM   #9
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Mine was $20K to start, but that was Day 1.
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Old 09-10-2007, 03:57 PM   #10
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Mine was $20K to start, but that was Day 1.
I applied for mine about 20 months ago and I got a $15k to start...and I have had periodic increases every few months.
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Old 09-10-2007, 04:08 PM   #11
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Originally Posted by disneysteve View Post
I also got a $500 limit on my Disney card despite excellent top-tier credit. My other cards have limits in the 25-35K range so $500 from Disney was insane. As a result, we never really used the card.

The only time I use it is when they do a special pin promotion while we're in WDW.
I only pull mine out when I go to WDW to get the free picture at Epcot.
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Old 09-10-2007, 04:13 PM   #12
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I opened mine last october and my limit is $17,500
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Old 09-10-2007, 04:24 PM   #13
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Ours was 10,000 I think. We've had it for several years now. I just read that they raised the interest rate as well. We always pay off every month but if you don't watch for that!
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Old 09-10-2007, 04:41 PM   #14
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You know, I suspect that it may have something to do with you have any existing Chase credit cards when you apply.

Maybe there is a credit limit cap on the total credit limits on ALL your cards so they issue really low limtis on the Disney rewards card if you already have other Chase cards with high limits.
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Sep 1999 Marriott Cypress Harbor---May 2000 Liki Tiki---Nov 2001 BC---Nov/Dec 2001 OKW---March 2002 VWL---Sep 2002 BWV & BCV---Dec 2002 CR---Mar 2003 St. Thomas ---Jun 2003 VWL---October 2003 Marriott Grand Vista & HAL Cruise & Miami ---Jan 2004 OKW GV---Jun 2004 CCL Victory Canada ---Apr/May 2005 BWV & Marriott Cypress Harbor---Oct 2005 BWV---Feb 2006 OKW---Apr 2006 Miami ---August 2006 BWV---Feb 2007 VWL --Apr 2007 NCL Dawn 11 night S Caribbean Cruise --- Aug 2007 BWV/AKV --- Oct 2007 NCL Crown Bermuda --- Apr 2008 BWV/AKV --- Aug 2008 BWV/Marriott Cypress Harbor --- Feb 2009 Miami --- Apr 2009 NCL Pearl ---Aug 2009 CSR, BLT & DCL Magic --- Feb 2010 BWV --- July 2011 AKV ---June/July 2012 Italy/Turkey/Greece Celebrity Equinox --- Feb 2013 BWV --- Aug 2013 AKL --- Dec 2013 BWV/OKW

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Old 09-10-2007, 05:12 PM   #15
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Also, if you have TOO MUCH available credit that is not used on your other accounts, many companies won't give you a high limit because there's a chance you could go out and max out all that credit and not be able to pay them at all.

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