How much can I go over my credit card limit?

This question is about Credit Cards

WalletHub, Financial Company

@WalletHub 11/11/19 First posted on 09/01/16
Last reviewed on 11/11/19

Permalink Report

How much you can go over your credit limit depends on the credit card you have.

Most credit cards will not allow you to spend over the limit. While some issuers allow you to opt-in to go over the limit, you will be charged over-the-limit fees that are usually quite high.

It is best to avoid spending over your credit limit. Not only does it indicate unsustainable spending habits and desperation to borrow, but it’s also bad for your credit standing.

Keep in mind that if your current credit limit isn’t high enough to meet your everyday spending needs, you may want to request a credit line increase.

Compare 2020's Popular Credit Cards

Compare Cards

WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.

WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.

Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.

Ask a Question

140

Ask Question

WalletHub Transparency

We are committed to being fully transparent with our readers. Opinions expressed here are the author’s alone. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.