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Showing results for tags 'graduate'.
I'm wondering if there is a limit to the amount I should put in a secured card that has the potential to graduate. I could put the maximum of $25k in, however I'm worried if I have too high of a limit whether that would stop it from graduating. In about a year's time I expect I'll have a credit score of 660-700. But this would be my only high limit card, as my other card would be a stupid Capital One of $300. I'm wondering if it makes more sense to keep my limit closer to $3-5k and hope that makes more sense for them to graduate. My reasoning is it's one thing to unsecure $3k and a totally different thing to unsecure $25k. It's with my local credit union, so not sure if it makes a difference how much money I have in different accounts. What is the most that people have seen graduate? I would guess they couldn't do a partial graduation, so they have to bite off the whole chunk or none of it.