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

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Rather than receiving a lump-sum loan upfront, borrowers can access a credit line as needed during the draw period (up to the credit limit). Angelica Leicht, CBS News, 18 June 2026 These early Prime Day discounts are really going to push me over my credit limit! Juhi Wadia, PC Magazine, 8 June 2026 But if the balance climbs too high compared to the credit limit, credit scores could drop for everyone connected to the account. Doug Ashburn, Encyclopedia Britannica, 28 May 2026 While your initial credit limit is determined by your application, you'll automatically be considered for a credit line increase in as little as six months. Ryley Amond, CNBC, 27 Apr. 2026 See All Example Sentences for credit limit

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“Credit limit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20limit. Accessed 26 Jun. 2026.

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