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
Recent Examples on the Web
If you’re set on an expensive getaway, here’s a plan to save up without straining your credit limit.
—
Hannah Sampson, Washington Post, 3 July 2024
What are the benefits of getting a credit limit increase?
—Becca Stanek, theweek, 6 Mar. 2024
Credit card balances grew to $1.11 trillion in the first quarter of the year, and nearly one out of five card holders are at or near their credit limit.
—Scott Horsley, NPR, 1 June 2024
The usual advice is to restrict your borrowing to 30 percent of your credit limit; Ms. Anat tries to stick to 10 to 15 percent.
—Paulette Perhach, New York Times, 19 May 2024
See all Example Sentences for credit limit 
Hannah Sampson, Washington Post, 3 July 2024
What are the benefits of getting a credit limit increase?
—Becca Stanek, theweek, 6 Mar. 2024
Credit card balances grew to $1.11 trillion in the first quarter of the year, and nearly one out of five card holders are at or near their credit limit.
—Scott Horsley, NPR, 1 June 2024
The usual advice is to restrict your borrowing to 30 percent of your credit limit; Ms. Anat tries to stick to 10 to 15 percent.
—Paulette Perhach, New York Times, 19 May 2024
See all Example Sentences for credit limit
These examples are programmatically compiled from various online sources to illustrate current usage of the word 'credit limit.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
Dictionary Entries Near credit limit
Cite this Entry
“Credit limit.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/credit%20limit. Accessed 26 Jul. 2024.
Copy CitationLove words? Need even more definitions?
Merriam-Webster unabridged
Share