Below is the most points you can apply for. The reason is, the number of defaults daily is staggering. New users need to prove themselves a bit more before they can ask for 1000 points.

1-30 days = 100 points cap
31-60 days = 250 points cap
61-120 days = 500 points cap
121-180 days = 1000 points cap
181 days+ = 4000 points cap