When you apply for a credit card, we'll set up a credit limit for you. Your credit limit is the most you can spend on your credit card without having to pay some off – this means it's important to choose the right credit limit for you and your situation.
Regardless of your limit, it's a good idea not to overspend and notch up a bill you'll have trouble paying back. Remember, you don’t have to pay off your full balance every month – but you'll get charged less interest the more you pay off.
