Can my credit card company unilaterally lower my Credit limit at its discretion? How likely is this?

I have a credit card with a credit limit of $12,500. I have not only been making the payments each month, but I have been paying off my monthly balance at the end of each month consistently. My father told me that, given the situation of today’s financial market, the bank can decide [...]

How will requesting a new credit card but not activating it affect my credit?

I requested a new credit card with a lower interest rate than my two cards now with the intentions of paying off the two cards with my new card. The new card credit limit is not enough to pay off the other two, however, so I don’t want it anymore. I requested it online, was [...]

Which bank offers the best credit card in the Philippines, regardless whether Visa or MasterCard?

We have Metrobank, HSBC, Citibank, BPI, BDO and a lot of others that provide credit card services in the Philippines. But which of them offers the best interest rates, credit limit, promos, perks, discounts, benefits, rewards, features and other stuff?

How do they decide credit limits for your first credit card?

I just applied for my first credit card ever yesterday, and I am hoping to get a credit limit of at least $1,500. I have no credit history whatsoever, I don’t have to make a house payment, no dependents, and I make $12.10 an hour working 35-40 hours a week. Would all those [...]