If your limits are low, your credit scores are probably lower due to high utilization. To calculate utilization, most credit scoring models compare your credit card balances to their credit limits as listed on your credit reports. That means a card with a $1,000 limit and a $200 balance has 20% utilization.

It’s important to understand the key terms you might encounter on bills, when using rewards or when performing certain kinds of transactions. Printed on a credit card, you’ll find the card number, the cardholder’s name, the card’s expiration date ...

Apple launched its first credit card in August 2019, and as of early 2024 the Apple Card had more than 12 million users. Whether you applied for the card to enjoy the cash back benefits, the privacy, or the special financing on Apple products, you might be wondering if it's possible to get an increase to your credit limit.

There is much to take away from the CFPB review of the credit card market. In 2024, purchase volume increased to $3.6 trillion, and annual growth in credit card spending was about 5%.

Jaclyn was a CNET Money editor with a fondness for the sweet spot between numbers and words. Overseeing CNET's credit card coverage, she wrote and edited news, reviews and advice. She has experience covering business, personal finance and economics, and ...