The starting credit limit for the Ollo Rewards Mastercard® is $300 or more, according to anecdotal reports. Some users even reported getting a starting limit as high as $2,500. However, the issuer does not include any specific credit limit information in the card's terms, though.

For the most part, Ollo Rewards Mastercard® credit limits depend on each applicant's overall creditworthiness. Those with the highest income and best credit scores will generally be offered the highest starting credit limits.

How to get a higher Ollo Rewards Mastercard® credit limit

That said, the Ollo Rewards Mastercard® credit limit that you start with isn't necessarily your credit line forever. You can ask to get a credit limit increase by calling the issuer's customer service number on the back of your card. However,  it's best not to do that more than once a year. 

The issuer will also evaluate your account periodically to determine whether you are eligible for a credit limit increase. Paying on time and keeping your credit utilization low are key for getting unsolicited credit line increases.

But you can only apply for this card by responding to a pre-approved offer. So your chances of approval are pretty good, to begin with. Just...

The Ollo Rewards Mastercard® does not have a 0% APR intro period offer. If you're planning on making a large upcoming purchase or if you'd like to transfer a balance, the Ollo Rewards Mastercard® is not a great credit card to use.

If you're in the market for such...

For the Ollo Rewards Mastercard®, you'll need a credit score of at least 700 (good credit). But an adequate credit score won't guarantee your approval for a new account. In order to decide whether to approve you or not, the issuer will also look at other factors such as your:

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It takes 7-10 business days to get the Ollo Rewards Mastercard® in the mail after being approved for a new account. Once the account number is generated, you'll also have the possibility to expedite the shipping of your card, but this might come with an extra fee.

Yes, the Ollo Rewards Mastercard® reports to all three major credit bureaus: TransUnion, Experian and Equifax.

The card will submit reports to these bureaus every month. That means that the card will help you build credit as long as you pay the bill by the due date each month and you stay below your credit...

Keep in mind that the Ollo Rewards Mastercard® has 0% foreign transaction fees, which means you will not incur extra charges for international purchases.

The Ollo Rewards Mastercard® does not offer a rental car insurance benefit. The card does, however, offer 1 - 2% cash back for purchases and has a $0 - $39 annual fee. This can make the card a worthwile option for people who want to earn rewards.

Consider the Chase Freedom Unlimited® card instead, if...

Unfortunately, there are no disclosed guidelines on how to get an invitation for the Ollo Rewards Mastercard®. According to customer service, there is no waiting list or anything that you can do to raise your odds of receiving an invitation. Still, if you do receive an offer for the card, you can...