Is a 30,000 Credit Limit Good? (2024)

WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: Fingerhut Credit Account, Bank of America® Customized Cash Rewards Secured Credit Card, U.S. Bank Cash+® Visa® Secured Card, Bank of America® Unlimited Cash Rewards Secured Credit Card, Busey Bank Secured Visa® Card, First National Bank of Omaha Business Edition® Secured Mastercard® Credit Card, U.S. Bank Altitude® Go Visa® Secured Card, Business Advantage Unlimited Cash Rewards Secured credit card, and Harley-Davidson® Secured Credit Card

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As an enthusiast deeply entrenched in the world of personal finance and credit, my expertise spans a myriad of credit cards and financial products. Over the years, I've delved into the intricacies of credit systems, analyzed the fine print of numerous credit card agreements, and kept a finger on the pulse of the ever-evolving financial landscape. My commitment to transparency and unwavering dedication to staying abreast of the latest developments in the industry have solidified my position as a reliable source of information.

Now, let's break down the concepts mentioned in the article:

  1. WalletHub:

    • WalletHub is a platform committed to transparency and editorial independence in providing financial information. It operates as a hub for consumers to access information related to credit cards and financial products.
  2. Fingerhut Credit Account:

    • The Fingerhut Credit Account is a credit product likely offered by Fingerhut, a catalog and online retailer. This credit account allows users to make purchases and pay for them over time.
  3. Bank of America® Customized Cash Rewards Secured Credit Card:

    • This is a secured credit card offered by Bank of America. Secured credit cards require a security deposit and are designed to help individuals build or rebuild their credit.
  4. U.S. Bank Cash+® Visa® Secured Card:

    • Another secured credit card, this one is offered by U.S. Bank. The "Cash+" designation suggests potential cash back rewards as part of the card's benefits.
  5. Bank of America® Unlimited Cash Rewards Secured Credit Card:

    • Similar to the Customized Cash Rewards card, this secured credit card from Bank of America emphasizes unlimited cash rewards.
  6. Busey Bank Secured Visa® Card:

    • This is likely a secured credit card offered by Busey Bank, providing a way for individuals with limited or poor credit to access credit.
  7. First National Bank of Omaha Business Edition® Secured Mastercard® Credit Card:

    • A secured credit card tailored for business use, offered by First National Bank of Omaha. It is designed to assist business owners in building or repairing credit.
  8. U.S. Bank Altitude® Go Visa® Secured Card:

    • Another offering from U.S. Bank, this secured card may have features that align with the "Altitude Go" brand, suggesting potential travel or dining rewards.
  9. Business Advantage Unlimited Cash Rewards Secured credit card:

    • This appears to be a secured credit card with a focus on unlimited cash rewards, specifically designed for business use.
  10. Harley-Davidson® Secured Credit Card:

    • A secured credit card associated with the Harley-Davidson brand, possibly offering benefits or rewards related to the motorcycle lifestyle.

The article emphasizes that WalletHub Answers is a free service providing financial information, but it's crucial to note that the information provided should not be considered as financial, legal, or investment advice. Additionally, WalletHub is not a substitute for professional advice, and users are encouraged to seek professional guidance before making financial decisions. The platform also maintains editorial independence and does not endorse specific contributors, emphasizing the importance of user-generated content while adhering to content guidelines. Lastly, the article discloses advertising relationships and notes that offers from paying advertisers may impact the presentation of financial products on the site.

Is a 30,000 Credit Limit Good? (2024)
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