Why do some cc lenders issue prime cards but with sub-prime CLs?

QuestionsWhy do some cc lenders issue prime cards but with sub-prime CLs?
asked 3 years ago

Why do some cc lenders issue prime cards but with sub-prime or toy CLs (say the dreaded “$ 500” SL)?  For example, do they do this as a way of allowing someone to get his or her foot in the door with the lender and then build up the limit over time?  Or is it the case that with some lenders, if they issue you an extremely low SL, that you are stuck with that limit for good with no realistic chance of CLI?  Or is it for yet some other reason?  (I had more than one cc lender do this to me with a toy SL, but could not figure out the exact rhyme or reason as to why.  Whereas with other cc lenders, I have CLs as high as over $ 9k, etc.)

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