sofi credit card credit limit
When I have a lot of credit cards to offer, I tend to choose the ones that offer the best balance transfer rates. I’ve found the better the rate, the more I’ve had to pay to keep people from leaving the program. The key is to keep the rate low enough that I have no trouble paying it off. It also helps to keep the interest rate low enough that I can feel comfortable with the amount of money I have available to me.
With sofi, you have to pay a credit card limit of $500. A lower limit (100 and 50) makes it easier to pay off a balance quickly. A higher limit (200) means you have to pay a bit more interest to keep from being stuck with the interest you pay.
Another thing that helps sofi credit card credit card limit is that the interest rate of the credit card is already fixed at 0% because it’s part of the program. This makes it very hard to get a credit card with a low rate. In fact, its a bit harder getting a credit card with a low rate than getting a credit card with a high rate.
The same goes for a credit card with a high rate. Many people who get a credit card with a high rate end up paying a bit more than they should for the credit card because they don’t realize how high the rate is until it’s too late. The way to get around the credit limit and keep from paying more than your limit is to get a card with a low rate.