Originally Posted by
ralfp
Something doesn't add up here. My first card, when I was in high school/freshman in college (don't recall), had a limit of about that much. The thing is I was not making any $$ (maybe a few $k over the summer, but that's it) and had no real credit history to speak of. Maybe the bank messed up the location of the decimal point in my favor.
You sure they didn't just reject the charge as suspicious? If you've got that much cash on hand... [fill in the blanks about credit limits]
That was definitely a mistake then. When I went to college I also got CC's (Discover, Citibank MC) and the former had a credit limit of $500 and the latter had $900. It took several years after school with a solid job to get to the $9k mark.
Think about it - a college kid with no steady job is a huge unknown. They want to suck you in to their high fees but not with too much risk. No way you got $9k out of the blue, unless it was a major mistake on their part.