The 13 Best High-limit Credit Cards [Benefits, Recommendations] (2024)

Table of Contents
Best High Limit Credit Cards The 12 Best High Limit Credit Cards — Overview The 3 Best High Limit Credit Cards for Good to Excellent Credit Chase Sapphire Preferred® Card – Best All-Around Pick Chase Sapphire Reserve® – Best for Travel and Dining Capital One Venture X Rewards Credit Card – Best for 2x Rewards on All Purchases The 2 Best Cards With No Preset Spending Limits* (For Good to Excellent Credit) The Amex Platinum Card – Best for Premium Perks and Lounge Access Know if you're approved withno credit score impact American Express® Gold Card – Best for Foodies Know if you're approved withno credit score impact The 4 Best Business Cards With High Limits or No Specified Limits The Business Platinum Card® from American Express – Best Business Card With Premium Perks The Plum Card® from American Express – Best for Extra Days to Pay Capital One Spark Cash Plus Card – Best for 2% Back on All Purchases Ink Business Preferred® Credit Card – Best for Earning Points on Business Expenses The 2 Best High Limit Credit Cards With No Annual Fee Chase Freedom Unlimited® – Best for No Annual Fee Ink Business Unlimited® Credit Card – Best No Annual Fee Business Card The Best High Limit Credit Card for No Credit or Bad Credit Citi® Secured Mastercard® – Best for Building Credit Instant-Approval Credit Cards With High Limits How Does a Credit Limit Work? What Happens if You Go Over Your Credit Limit? How Is a Credit Card Limit Decided? What Is Considered a High Credit Card Limit? High Limit Credit Card Eligibility Am I Eligible to Get a High Limit Credit Card? What Credit Score Is Needed to Get a High Limit Credit Card? The Benefits of a High Credit Limit Running a Business With Seasonal Cash Flow Running a Household With Variable Cash Flow A Higher Credit Limit Can Benefit Your Credit Score Access to Credit in Case of Emergency Requesting Higher Limits on Existing Cards How We Selected the Best High Limit Credit Cards — Methodology Earnings Structure Redemption Value Associated Benefits Welcome Bonus Offers Fees Final Thoughts

For most of us, having a credit card that offers unlimited spending isn’t necessary. With a steady income and a good credit score, chances are you can get all the credit you need and more.

Those who require, or desire, a high credit limit, will find a nice selection of cards to select from. We’ll discuss a variety of best credit cards that offer some of the highest limits.

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Best High Limit Credit Cards

  • Chase Sapphire Preferred® Card: $5,0000+ Credit Limit – Best All-Around Pick
  • Chase Sapphire Reserve®: $10,000+ Credit Limit – Best for Travel and Dining
  • Capital One Venture X Rewards Credit Card: $10,000+ Credit Limit – Best for 2x Back Everywhere
  • The Platinum Card® from American Express : No Preset Spending Limit* – Best for Premium Perks and Lounge Access
  • American Express® Gold Card : No Preset Spending Limit – Best for Foodies
  • The Business Platinum Card® from American Express : No Preset Spending Limit – Best Business Card With Premium Perks
  • The Plum Card® from American Express: No Preset Spending Limit – Best for Extra Days to Pay
  • Capital One Spark Cash Plus Card : No Preset Spending Limit – Best for 2% Back on Everything
  • Ink Business Preferred® Credit Card : $5,000+ Credit Limit – Best for Earning Points on Business Expenses
  • Chase Freedom Unlimited® : $500+ Credit Limit – Best No Annual Fee Card
  • Ink Business Unlimited® Credit Card : $3,000+ Credit Limit – Best No Annual Fee Business Card
  • Citi® Secured Mastercard®: Security Deposit Equals Your Credit Limit – Best for Building Credit

The 12 Best High Limit Credit Cards — Overview

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Card

Welcome Offer

Annual Fee

The Platinum Card® from American Express

Earn 80,000 points after spending $8,000 on purchases in the first 6 months.

Annual fee of $695 ()

American Express® Gold Card

Earn 60,000 points when you spend $6,000 on purchases in the first 6 months.

Annual fee of $250 ()

Chase Sapphire Preferred® Card

Earn 60,000 points after you spend $4,000 on purchases in the first 3 months.

Annual fee of $95

Chase Sapphire Reserve®

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.

Annual fee of $550

Capital One Venture X Rewards Credit Card

Earn 75,000 miles when you spend $4,000 on purchases in the first 3 months.

Annual fee of $395 ()

The Business Platinum Card® from American Express

ELEVATED OFFER: Earn 150,000 points after spending $20,000 in eligible purchases within the first 3 months.

Annual fee of $695 ()

The Plum Card® from American Express

No welcome offer available.

Annual fee of $250 ()

Capital One Spark Cash Plus CardInformation collected independently. Not reviewed by Capital One.

Earn $1,200 cash back once you spend $30,000 in the first 3 months.

Annual fee of $150

Ink Business Preferred® Credit Card

Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months.

Annual fee of $95

Chase Freedom Unlimited®

Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back.

Annual fee of $0

Ink Business Unlimited® Credit Card

Earn $750 cash back after spending $6,000 in the first 3 months.

Annual fee of $0

Citi® Secured Mastercard®

No welcome offer

No annual fee $200 minimum security deposit

*(Information collected independently. Not reviewed by Capital One.)

The 3 Best High Limit Credit Cards for Good to Excellent Credit

Chase Sapphire Preferred® Card – Best All-Around Pick

GREAT STARTER CARD

Chase Sapphire Preferred® Card

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.

Learn More

(at Chase's secure site)

Chase Sapphire Preferred® Card

A fantastic travel card with a great welcome offer, good benefits, and perks for a moderate annual fee.

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.

60,000 points

$1,200

$95

21.49%-28.49% Variable

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

The Chase Sapphire Preferred® card is one of the best travel rewards cards on the market. Its bonus categories include travel, dining, online grocery purchases, and streaming services, which gives you the opportunity to earn lots of bonus points on these purchases.

Additionally, it offers flexible point redemption options, no foreign transaction fees, and excellent travel insurance coverage including primary car rental insurance. With benefits like these, it’s easy to see why this card is an excellent choice for any traveler.

Pros

  • 5x points on all travel booked via the Chase Travel portal
  • 5x points on select Peloton purchases over $150 (through March 31, 2025)
  • 5x points on Lyft purchases (through March 31, 2025)

Cons

  • $95annual fee
  • No elite benefits like airport lounge access orhotel elite status

Read Full Review

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
  • Enjoy benefits such as 5x on travel purchased through Chase Travel℠, 3x on dining, select streaming services and online groceries, 2x on all other travel purchases, 1x on all other purchases, $50 Annual Chase Travel Hotel Credit, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Travel℠. For example, 60,000 points are worth $750 toward travel.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2024.
  • Member FDIC

Financial Snapshot

  • APR: 21.49%-28.49% Variable
  • Foreign Transaction Fees:None

Rewards Center

Chase Ultimate Rewards

If your income is sufficient and your credit history strong enough, you could get a credit limit of $100,000 (or more) on the Chase Sapphire Preferred card. One of our favorite travel credit cards, it charges a relatively low annual fee for being such a credit powerhouse.

We like the Chase Sapphire Preferred card for its generous welcome offer, the ability to earn valuable Ultimate Rewards points, and its flexible redemption options that offer great value for your rewards. You’ll also find its collection of travel benefits, such as primary car rental insurance, some of the best out there.

With this card, you’ll also get travel insurance, purchase protection, extended warranty, no foreign transaction fees, and authorized users for no additional annual fees.

Chase Sapphire Reserve® – Best for Travel and Dining

Chase Sapphire Reserve®

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.

Learn More

(at Chase's secure site)

Chase Sapphire Reserve®

A top player in the high-end premium travel credit card space that earns 3x points on travel and dining while offering top luxury perks.

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠

60,000 points

$1,200

$550

22.49%-29.49% Variable

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Excellent (740-850)

If you’re looking for an all-around excellent travel rewards card, the Chase Sapphire Reserve®is one of the best options out there.

The card combines elite travel benefits and perks like airport lounge access, with excellent point earning and redemption options. Plus it offers top-notch travel insurance protections to keep you covered whether you’re at home or on the road.

Don’t forget the $300 annual travel credit which really helps to reduce the annual fee!

Pros

  • 10x total points on hotels and car rentals when you purchase travel through Chase TravelSM immediately after the first $300 is spent on travel purchases annually
  • 10x points on Lyft purchases March 31, 2025
  • 10x points on Peloton equipment and accessory purchases over $250 through March 31, 2025

Cons

  • $550annual fee
  • Does not offer any sort of hotel elite status

Read Full Review

  • Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.
  • $300 Annual Travel Credit as reimbursem*nt for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠ immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Travel℠. For example, 60,000 points are worth $900 toward travel.
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority PassTM Select and up to $100 application fee credit every four years for Global Entry, NEXUS, or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.
  • Member FDIC

Financial Snapshot

  • APR: 22.49%-29.49% Variable
  • Foreign Transaction Fees:None

Rewards Center

Chase Ultimate Rewards

The minimum credit limit for the Chase Sapphire Reserve card is $10,000, which is considered a high limit. While there is no published upper credit limit for this premium travel rewards card, it is reasonable to expect that this card, like the Chase Sapphire Preferred card, could also have a top limit exceeding $100,000.

With complimentary Priority Pass Select membership for worldwide lounge access, a $300 statement credit each year for travel purchases, and redemption values worth 50% more on the Chase travel portal, you’ll find plenty of reasons to consider the card.

Additionally, this card enjoys perks with a handful of partners like a complimentary 2-year Lyft Pink All Access membership when you activate by December 31, 2024, a complimentary DoorDash DashPass subscription for a minimum of 1 year when you activate by December 31, 2024 (plus $5 in DoorDash credits per month), and a complimentary Instacart+ membership for 1 year plus $15 in statement credits through July 2024 when you activate your Instacart+ membership.

Lastly, this card has awesome travel insurance, no foreign transaction fees, purchase protection, extended warranty, and return protection. Cardholders will also receive an application fee statement credit for Global Entry, TSA PreCheck, or NEXUSas often asevery 4 years.

Capital One Venture X Rewards Credit Card – Best for 2x Rewards on All Purchases

The 13 Best High-limit Credit Cards [Benefits, Recommendations] (3)

Capital One Venture X Rewards Credit Card

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.

Capital One Venture X Rewards Credit Card

The Capital One Venture X card is an excellent option for travelers looking for an all-in-one premium credit card.

Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel.

75,000 miles

$1,350

$395

19.99% - 29.99% (Variable)

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Excellent (740-840)

The Capital One Venture X Rewards Credit Card is the premium Capital One travel rewards card on the block.

Points and miles fans will be surprised to see that the Capital One Venture X card packs quite the punch when it comes to bookings made through Capital One, all while offering the lowest annual fee among premium credit cards.

Depending on your travel goals and preferences, the Capital One Venture X card could very well end up being your go-to card in your wallet.

Pros

  • 10x miles per $1 on hotels and rental cars purchased through Capital One Travel
  • 5x miles per $1 on flights purchased through Capital One Travel
  • 2x miles per $1 on all other purchases

Cons

  • $395 annual fee ()
  • Does not offer bonus categories for flights or hotel purchases made directly with the airline or hotel group, the preferred booking method for those looking to earn elite status

Read Full Review

  • Earn 75,000 bonus miles when you spend $4,000 on purchases in the first 3 months from account opening, equal to $750 in travel
  • Receive a $300 annual credit for bookings through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options
  • Get 10,000 bonus miles (equal to $100 towards travel) every year, starting on your first anniversary
  • Earn unlimited 10X miles on hotels and rental cars booked through Capital One Travel and 5X miles on flights booked through Capital One Travel
  • Earn unlimited 2X miles on all other purchases
  • Unlimited complimentary access for you and two guests to 1,300+ lounges, including Capital One Lounges and the Partner Lounge Network
  • Use your Venture X miles to easily cover travel expenses, including flights, hotels, rental cars and more—you can even transfer your miles to your choice of 15+ travel loyalty programs
  • Elevate every hotel stay from the Premier or Lifestyle Collections with a suite of cardholder benefits, like an experience credit, room upgrades, and more
  • Receive up to a $100 credit for Global Entry or TSA PreCheck®

Financial Snapshot

  • APR: 19.99% - 29.99% (Variable)
  • Foreign Transaction Fees:None

Rewards Center

Capital One Miles

It’s recommended to have good to excellent credit to be approved for the Capital One Venture X card but you can expect to receive a credit limit of at least $10,000.

Even better, you can use this card to enjoy access to Capital One Lounges, Plaza Premium Lounges, and Priority Pass lounges. You can also utilize the $300 Capital One Travel credit every year, plus watch your points grow with an anniversary renewal bonus of 10,000 Capital One miles each year.

To add onto this, the Capital One Venture X card has complimentary Hertz President’s Circle status, no foreign transaction fees (), superb travel insurance, cell phone insurance, purchase protection, extended warranty, and more.

The 2 Best Cards With No Preset Spending Limits* (For Good to Excellent Credit)

In most cases, these featured cards offer much higher spending limits than traditional credit cards. These cards are typically used by the ultra-wealthy or heavy spenders, such as the first card on our list, The Platinum Card® from American Express.

No preset spending limit* means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history.

The Amex Platinum Card – Best for Premium Perks and Lounge Access

BEST LOUNGE ACCESS

The Platinum Card® from American Express

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.

Learn More

(at Amex's secure site)

Apply With Confidence

Know if you're approved withno credit score impact

If you're approved and accept this Card, your credit score may be impacted.

The Platinum Card® from American Express

The Amex Platinum reigns supreme for luxury travel, offering the best airport lounge access plus generous statement credits, and complimentary elite status.

Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on the Card in your first 6 months of Card Membership.

80,000 points

$1,760

$695

See Pay Over Time APR

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

When it comes to cards that offer top-notch benefits, you’d be hard-pressed to find a better card out there than The Platinum Card® from American Express.

Make no mistake — the Amex Platinum cardis a premium card with a premium price tag. With amazing benefits like best-in-class airport lounge access, hotel elite status, and tremendous value in annual statement credits, it can easily prove to be one of the most lucrative cards in your wallet year after year.

Pros

  • The best airport lounge access out of any card (by far) — enjoy access to over 1,400 worldwide lounges, including the luxurious Amex Centurion Lounges, Priority Pass lounges, Plaza Premium Lounges, and many more!
  • 5x points per dollar spent on flights purchased directly with the airline or with AmexTravel.com (up to $500,000 per year)
  • 5x points per dollar spent on prepaid hotels booked with AmexTravel.com

Cons

  • $695 annual fee (rates and fees)
  • Airline credit does not cover airfare (only incidentals like checked bags)

Read Full Review

  • Earn 80,000 Membership Rewards® Points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership. Apply and select your preferred metal Card design: classic Platinum, Platinum x Kehinde Wiley, or Platinum x Julie Mehretu.
  • Earn 5X Membership Rewards® Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year and earn 5X Membership Rewards® Points on prepaid hotels booked with American Express Travel.
  • $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts® or The Hotel Collection bookings with American Express Travel when you pay with your Platinum Card®. The Hotel Collection requires a minimum two-night stay.
  • $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card® on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peaco*ck, and The Wall Street Journal. Enrollment required.
  • The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market. As of 03/2023.
  • $155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card® to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month.
  • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card®.
  • $200 Uber Cash: Enjoy Uber VIP status and up to $200 in Uber savings on rides or eats orders in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member only. Terms Apply.
  • $189 CLEAR® Plus Credit: CLEAR® Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $189 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues.
  • Receive either a $100 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 year period for TSA PreCheck® application fee for a 5-year plan only (through a TSA PreCheck® official enrollment provider), when charged to your Platinum Card®. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost.
  • Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card®. That's up to $50 in statement credits semi-annually. Enrollment required.
  • Unlock access to exclusive reservations and special dining experiences with Global Dining Access by Resy when you add your Platinum Card® to your Resy profile.
  • $695 annual fee.
  • Terms Apply.

Financial Snapshot

  • APR: See Pay Over Time APR
  • Foreign Transaction Fees:None

Rewards Center

American Express Membership Rewards

Hot Tip:Check to see if you’re eligible for a welcome bonus offer of up to 125k (or 150k) points with the Amex Platinum. The current public offer is 80,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

The Amex Platinum card, which has no preset spending limit, is possibly the most prestigious card that you can get without needing an invite. Using this card, you can earn up to 5x points on select airfare and hotel purchases and enjoy the best luxury travel benefits out there.

For example, you have access to the American Express Global Lounge Collection, which offers access to more than 1,400 airport lounges around the world. Then, you’ll get complimentary hotel and rental car elite status: Hilton Honors Gold, Marriott Bonvoy Gold Elite, National Executive, Hertz President’s Circle, and Avis Preferred.

It doesn’t stop there — you’ll have access to to get benefits such as free breakfast, property credits, room upgrades, early check-in, late check-out, and more.

This card also comes with purchase protection, return protection, extended warranty, cell phone protection, top-notch travel insurance, and most importantly for this article, no preset spending limit.

We’ve seen monthly spending limits as high as $500,000 with this 1 card alone, though it’s almost impossible for Amex to give it to you immediately. You may initially be approved for a lower spending limit, but as you build your relationship with Amex, you’ll notice your spending limit can increase year over year.

American Express® Gold Card – Best for Foodies

BEST FOR DINING

American Express® Gold Card

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This is the best card for food lovers who dine out at restaurants (worldwide), order take-out and want big rewards at U.S. supermarkets!

Learn More

(at Amex's secure site)

Apply With Confidence

Know if you're approved withno credit score impact

If you're approved and accept this Card, your credit score may be impacted.

American Express® Gold Card

This is the best card for food lovers who dine out at restaurants (worldwide), order take-out and want big rewards at U.S. supermarkets!

Earn 60,000 Membership Rewards® Points after you spend $6,000 on eligible purchases with your new Card within the first 6 months.

60,000 points

$1,320

$250

See Pay Over Time APR

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

The American Express® Gold Cardis a game-changer.

With this card, you can earn 4x Membership Rewards points at restaurants and you’ll also earn 4x Membership Rewards points at U.S. supermarkets on up to $25,000 per calendar year in purchases, then 1x.

There isn’t another card on the market that offers a 1-2 punch like this. Of course, there are several other benefits of the Gold Card as well, including extra monthly dining rewards and more.

Pros

  • 4x points per dollar at restaurants, plus takeout and delivery in the U.S.
  • 4x points per dollar at U.S. supermarkets, up to $25,000 per calendar year in purchases; and 1x thereafter
  • 3x points per dollar on flights purchased directly from airlines or at AmexTravel.com

Cons

  • $250 annual fee (see rates and fees)
  • No lounge access

Read Full Review

  • Earn 60,000 Membership Rewards® points after you spend $6,000 on eligible purchases with your new Card within the first 6 months of Card Membership.
  • Earn 4X Membership Rewards® Points at Restaurants, plus takeout and delivery in the U.S., and earn 4X Membership Rewards® points at U.S. supermarkets (on up to $25,000 per calendar year in purchases, then 1X).
  • Earn 3X Membership Rewards® points on flights booked directly with airlines or on amextravel.com.
  • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and each month automatically get $10 in Uber Cash for Uber Eats orders or Uber rides in the U.S., totaling up to $120 per year.
  • $120 Dining Credit: Satisfy your cravings and earn up to $10 in statement credits monthly when you pay with the American Express® Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar and select Shake Shack locations. Enrollment required.
  • Get a $100 experience credit with a minimum two-night stay when you book The Hotel Collection through American Express Travel. Experience credit varies by property.
  • Choose the color that suits your style. Gold or Rose Gold.
  • No Foreign Transaction Fees.
  • Annual Fee is $250.
  • Terms Apply.

Financial Snapshot

  • APR: See Pay Over Time APR
  • Foreign Transaction Fees:None

Rewards Center

American Express Membership Rewards

Hot Tip:Check to see if you’re eligible for a welcome bonus offer of up to 90,000 points with the Amex Gold card. The current public offer is 60,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

Another fantastic card that offers no preset spending limit* is the Amex Gold card. Even though the Amex Platinum card is considered to be one of the most prestigious, the Amex Gold card is one of the best cards for everyday spending.

In addition, you’ll get up to $120 in dining credits every year (up to $10 per month) at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar, and select Shake Shack locations (enrollment required). There’s also an Uber Cash benefit where you can get $10 in Uber Cash every month (up to $120 per year), which can be used for Uber Eats orders or Uber rides in the U.S. Enrollment required.

There’s also access to The Hotel Collection, which gets you a room upgrade (subject to availability) and a $100 property credit per stay.

This card also has no foreign transaction fees (), secondary rental car insurance, baggage insurance, and, of course, no preset spending limit.

The 4 Best Business Cards With High Limits or No Specified Limits

The Business Platinum Card® from American Express – Best Business Card With Premium Perks

ELEVATED OFFER

The Business Platinum Card® from American Express

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!

Learn More

(at Amex's secure site)

The Business Platinum Card® from American Express

This card is ideal for business travelers who enjoy luxury travel and are looking for a card loaded with benefits!

Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.

150,000 points

$3,300

19.49% - 28.49% Variable

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

The Business Platinum Card® from American Express is a premium travel rewards card tailored toward business owners who are frequent travelers with a high number of annual expenses.

When you factor in the large number of perks that the card offers like the best airport lounge access at over 1,400 lounges, along with tons of annual credits, it’s easy to see why this card can is a top option for frequent traveling business owners.

Pros

  • 5x Membership Rewards points per $1 on flights and prepaid hotels at Amex Travel
  • Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection
  • Get 50% more Membership Rewards points (1.5 points per $1) on eligible purchases in key business categories, as well as on purchases of $5,000 or more (cap applies)

Cons

  • High annual fee of $695 ()
  • Airline fee credit does not cover airfare, only incidentals like checked bags

Read Full Review

  • Welcome Offer: Earn 150,000 Membership Rewards® points after you spend $20,000 in eligible purchases on the Card within the first 3 months of Card Membership.
  • 5X Membership Rewards® points on flights and prepaid hotels on AmexTravel.com, and 1X points for each dollar you spend on eligible purchases.
  • Earn 1.5X points (that’s an extra half point per dollar) on each eligible purchase at US construction material, hardware suppliers, electronic goods retailers, and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year.
  • Unlock over $1,000 in statement credits on select purchases, including tech, recruiting and wireless in the first yearof membershipwiththe Business Platinum Card®.Enrollment required. See how you can unlock over $1,000 annually in credits on select purchases with the Business Platinum Card®, here.
  • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to theCard.
  • $189 CLEAR® Plus Credit: Use your card and get up to $189 in statement credits per calendar year on your CLEAR® Plus Membership (subject to auto-renewal) when you use the Business Platinum Card®.
  • The American Express Global Lounge Collection® can provide an escape at the airport. With complimentary access to more than 1,400 airport lounges across 140 countries and counting, you have more airport lounge options than any other credit card issuer on the market as of 03/2023.
  • $695 Annual Fee.
  • Terms Apply.

Financial Snapshot

  • APR: 19.49% - 28.49% Variable
  • Foreign Transaction Fees:None

Rewards Center

American Express Membership Rewards

Hot Tip:Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 150,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

If you own a business and manage high cash flow, you’ll want a card that can keep up.

The Amex Business Platinum card excels with premium travel benefits such as worldwide airport lounge access including Centurion Lounges, statement credits for specific purchases, and hotel and car rental elite status.

The Amex Business Platinum card offers over $1,000 in value with a variety of credits, too (enrollment required):

  • Up to $400 in Dell credits every year
  • Up to $360 in Indeed credits every year
  • Up to $150 in Adobe credits every year
  • Up to $120 in wireless credits every year

The travel benefits include:

  • Up to $100 Global Entry application fee credit every 4 years or up to $85 TSA PreCheck application fee statement credit every 4.5 years
  • 35% bonus when redeeming through AmexTravel.com’s Pay With Points (up to 1,000,000 points back per calendar year)
  • Access to
  • Complimentary hotel and rental car elite status: Hilton Honors Gold, Marriott Bonvoy Gold Elite, National Executive, Hertz President’s Circle, and Avis Preferred
  • Superb travel insurance
  • No foreign transaction fees ()

Of course, this card has no preset spending limit*, purchase protection, extended warranty, and much more.

» Related: The 5 Best Business Credit Cards With High Limits [2024]

The Plum Card® from American Express – Best for Extra Days to Pay

The Amex Plum card offers business owners the flexibility to pay in full each month or carry a balance for up to 60 days without interest, all in the form of a charge card.

This card has no preset spending limit*, and we’ve seen business owners able to charge more than $250,000 per month on this card.

Interestingly, this card allows you to earn an unlimited 1.5% Early Pay Discount on eligible charges paid within 10 days of your statement closing date. You’ll see the discount applied to your next statement when you pay at the least the Minimum Payment Due by the Please Pay By date. If you can’t do that, you can enjoy up to 60 days to pay without interest. Just pay the minimum payment due by the due date.

This card also has no foreign transaction fees (), secondary rental car insurance, the Global Assist hotline, purchase protection, and extended warranty.

Capital One Spark Cash Plus Card – Best for 2% Back on All Purchases

The 13 Best High-limit Credit Cards [Benefits, Recommendations] (7)

Capital One Spark Cash Plus Card

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Capital One Spark Cash Plus card offers an unlimited 2% cash-back on all purchases and helpful features for business owners.

Capital One Spark Cash Plus Card

The Capital One Spark Cash Plus card offers an unlimited 2% cash-back on all purchases and helpful features for business owners.

Earn $1,200 cash back once you spend $30,000 in the first 3 months

$1,200

$150

N/A

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Excellent (740-850)

The information regarding the Capital One Spark Cash Plus Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

The Capital One Spark Cash Plus Card is great for business owners looking to improve their bottom line by earning 2% cash-back on all purchases without a high annual fee. Further, with no preset spending limit, the ability to get your $150 annual fee refunded every year you spend at least $150,000, and no-additional-fee employee cards, there is something that every business owner will love ().

Pros

  • Unlimited 2% cash-back on all purchases
  • 5% cash-back on hotels and rental cars purchased through Capital One Travel
  • No preset spending limit

Cons

    • $150 annual fee ()

Read Full Review

  • Earn a one-time cash bonus of $1,200 once you spend $30,000 in the first 3 months
  • Earn unlimited 2% cash back on every purchase, everywhere—with no limits or category restrictions
  • Comes with no preset spending limit, so it can adapt to your needs based on your spending behavior, payment history and credit profile
  • Get your $150 annual fee refunded every year you spend at least $150,000
  • Earn unlimited 5% cash back on hotels and rental cars booked through Capital One Travel
  • Add employee cards for free, and earn unlimited 2% cash back from their purchases
  • $150 annual fee
  • Spark Cash Plus has no APR because your balance is due in full every month

Financial Snapshot

  • APR: N/A
  • Foreign Transaction Fees:None

The Capital One Spark Cash Plus card offers an unlimited 2% cash-back on all purchases without limits. In addition, it earns 5% cash-back on hotels and rental cars booked through Capital One Travel.

This card has no preset spending limit, and we’ve seen spending limits as high as $1,000,000, though this usually requires additional documentation such as tax returns and profit and loss statements.

Furthermore, you’ll get your $150 annual fee refunded every year you spend at least $150,000.

Ink Business Preferred® Credit Card – Best for Earning Points on Business Expenses

100K-POINT OFFER

Ink Business Preferred® Credit Card

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.

Learn More

(at Chase's secure site)

Ink Business Preferred® Credit Card

The Ink Business Preferred card is hard to beat, with a huge welcome bonus offer and 3x points per $1 on the first $150,000 in so many business categories.

Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel

100,000 points

$2,000

$95

21.24%-26.24% Variable

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

The Ink Business Preferred® Credit Card is a powerhouse for earning lots of points from your business purchases, especially for business owners that spend regularly on ads.

Plus the card offers flexible redemption options, including access to Chase airline and hotel transfer partners where you can achieve outsized value.

Business owners will also love the protections the card provides like excellent cell phone insurance, rental car insurance, purchase protection, and more.

Pros

  • 3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites
  • Cell phone protection
  • Purchase protection

Cons

    • No elite travel benefits like airport lounge access

Read Full Review

  • Earn 100k bonus points after you spend $8,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Travel℠
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • Round-the-clock monitoring for unusual credit card purchases
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Travel℠
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account.
  • Member FDIC

Financial Snapshot

  • APR: 21.24%-26.24% Variable
  • Foreign Transaction Fees:None

Rewards Center

Chase Ultimate Rewards

The Ink Business Preferred card earns 3x points on the first $150,000 spent each year on select business categories and it sits towards the top of our list of cards offering a high credit limit.

Earning is easy with common business purchases such as shipping, social media and search engine advertising, and cable, internet, and phone purchases. You’ll also earn 3x points on the broad category of travel purchases.

Ultimate Rewards points have flexible redemption options, including 25% more value via Chase Travel and the ability to transfer points to the Chase travel partners for even greater value.

Also, this card has cell phone protection, purchase protection, extended warranty, and travel insurance, as well as no foreign transaction fees.

Hot Tip:

Comparing features and benefits is important when it comes to selecting a business credit card that’s a match for your operation. We’ve put together a comparison of the Amex Business Platinum card vs. the Ink Business Preferred cardthat can assist you in determining which card might be the better fit.

The 2 Best High Limit Credit Cards With No Annual Fee

Chase Freedom Unlimited® – Best for No Annual Fee

UP TO $300 BACK

Chase Freedom Unlimited®

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

This all-purpose cash-back card offers great bonus categories, including bonus points for every purchase you make!

Learn More

(at Chase's secure site)

Chase Freedom Unlimited®

This all-purpose cash-back card offers great bonus categories, including bonus points for every purchase you make!

INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!

Up to $300 cash back

$0

0% Intro APR for 15 months on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

The Chase Freedom Unlimited® is easily one of the best cash-back credit cards on the market. There aren’t many no-annual-fee credit cards that offer multiple great bonus categories like 5% back on travel purchased through Chase, 3% back on dining and drugstore purchases, and 1.5% back on all other purchases.

When paired with other Chase cards in the Ultimate Rewards family, you can transfer that cash back into points if you wish – making it one of the most lucrative cards in your wallet.

Pros

  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
  • 5% back on travel purchased through Chase Travel℠
  • 3% back on dining and drugstore purchases

Cons

    • 3% foreign transaction fee

Read Full Review

  • INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back!
  • Enjoy 6.5% cash back on travel purchased through Chase Travel℠, our premier rewards program thatlets you redeem rewards for cash back, travel, gift cards and more; 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and 3% on all other purchases (on up to $20,000 spent in the first year).
  • After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase Travel℠, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases.
  • No minimum to redeem for cash back.You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expireas long as your account is open!
  • Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
  • No annual fee –You won't have to pay an annual fee for all the great features that come with your Freedom Unlimited® card
  • Keep tabs on your credit health, Chase Credit Journey helps you monitor your credit with free access to your latest score, alerts, and more.
  • Member FDIC

Financial Snapshot

  • APR: 0% Intro APR for 15 months on purchases and balance transfers, then a variable APR of 20.49% - 29.24%.
  • Foreign Transaction Fees:3% of each transaction in U.S. dollars

Rewards Center

Chase Ultimate Rewards

It may be hard to believe, but the no-annual-fee Freedom Unlimited card can come with a high credit limit. Multiple data points show that the card has been issued with as much as a $20,000 credit limit.

There’s a complimentary 3-month DoorDash DashPass membership (activate by December 31, 2024). In addition, you’ll get a complimentary 3-month Instacart+ membership and $10 in statement credits each quarter through July 31, 2024, when you enroll in Instacart+.

This card includes secondary rental car insurance, purchase protection, extended warranty, trip cancellation and interruption insurance, and no additional annual fees for authorized users.

Ink Business Unlimited® Credit Card – Best No Annual Fee Business Card

Ink Business Unlimited® Credit Card

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

The Ink Business Unlimited card is a stellar option for business owners looking for a no-fuss uncapped 1.5% cash-back card without an annual fee.

Learn More

(at Chase's secure site)

Ink Business Unlimited® Credit Card

The Ink Business Unlimited card is a stellar option for business owners looking for a no-fuss uncapped 1.5% cash-back card without an annual fee.

Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening.

$750

$750

$0

0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter

Upgraded Points credit ranges are a variation of FICO®Score 8, one of many types of credit scores lenders may use when considering your credit cardapplication.

Good to Excellent (670-850)

As a business owner, you likely keep pretty busy and probably prefer a credit card that just keeps things simple.

If so, the Ink Business Unlimited® Credit Card might be just the card for you. From zero annual fee to a flat cash-back rate, the card is a no-frills option that you don’t have to think twice about.

Don’t forget too, 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter

Pros

  • 1.5% cash-back on all purchases
  • No annual fee
  • 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter

Cons

    • 3% foreign transaction fee

Read Full Review

  • Earn $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening
  • Earn unlimited 1.5% cash back on every purchase made for your business
  • No Annual Fee
  • Redeem rewards for cash back, gift cards, travel and more through Chase Ultimate Rewards®.
  • Earn rewards faster with employee cards at no additional cost. Set individual spending limits for greater control.
  • Round-the-clock monitoring for unusual credit card purchases
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information.
  • 0% introductory APR for 12 months on purchases
  • Member FDIC

Financial Snapshot

  • APR: 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter
  • Foreign Transaction Fees:3% of each transaction in U.S. dollars

Rewards Center

  • Chase Ultimate Rewards

Another superb credit card with high limits and no annual fee is the Ink Business Unlimited card, which is issued by Chase. Although it’s generally not possible to get 6-figure credit limits from this card upon approval, you can certainly work your way up to it.

For example, if you’re initially approved for $40,000 and you pay off your card in full every month, you can request credit limit increases as your business grows. You’ll typically be asked to submit tax returns and other additional documentation once you cross the $150,000 credit limit threshold.

A promotion of 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter, is also available. You can add employee cards for no additional annual fees, too.

With this card, you’ll have benefits including primary rental car insurance, purchase protection, extended warranty, and zero liability fraud protection.

The Best High Limit Credit Card for No Credit or Bad Credit

If you’re looking to build or rebuild your credit and have cash on hand, a secured card that grants a high credit limit equal to the amount of your security deposit could be a viable option.

Note that credit limits for secured cards are normally much less than for non-secured cards.

Here are a few examples of credit cards that offer the possibility of a high credit limit.

Citi® Secured Mastercard® – Best for Building Credit

The 13 Best High-limit Credit Cards [Benefits, Recommendations] (11)

Citi® Secured Mastercard®

U.P. Rating

The rating for this card has been determined by our own industry experts who know the in's and out's of credit card products. Bonuses, rewards as well as rates and fees are all taken into account. Compensation from the issuer does not affect our rating. We only recommend products we either use ourselves or endorse.

A great option for those with little or no credit history and can help you build your credit.

Citi® Secured Mastercard®

A great option for those with little or no credit history and can help you build your credit.

None

$0

26.74% Variable

  • The Citi® Secured Mastercard® is a no annual fee credit card that helps you build your credit when used responsibly.
  • Unlike a debit card, it helps build your credit history with monthly reporting to all 3 major credit bureaus. Once available, you will also have free access to your FICO score online.
  • Use your card anywhere Mastercard® is accepted – worldwide.
  • A security deposit is required. Once approved, your credit limit will be equal to your security deposit (minimum of $200).
  • Get help staying on track with Auto Pay and account alerts.
  • With Flexible Payment Due Dates, you can choose any available due date in the beginning, middle or end of the month.
  • Manage your account 24/7 online, by phone, or in our mobile app.

Financial Snapshot

  • APR: 26.74% Variable
  • Foreign Transaction Fees:

With no annual fee and a maximum credit limit of up to $2,500, the Citi Secured card could benefit those who need to establish good credit. The minimum security deposit is $200 and the credit limit will be equal to the amount of the deposit.

Bottom Line:

If you have no credit or poor credit, a secured credit card may be an option for building (or rebuilding) your credit. You’ll need to provide a security deposit but you can start small and work your way to good credit. For more details on secured credit cards, you’ll want to access our article with more detailed information.

Instant-Approval Credit Cards With High Limits

While any credit card can be approved in as little as a minute after submitting your application, you’ll need your credit card and associated information to utilize the card immediately.

The best credit cards for instant approval and immediate access to your credit card number are those issued by American Express. While instant approval is not guaranteed, if you are instantly approved, you’ll have immediate access to your card information.

If having immediate access to your card information is important to you, you’ll want to check out our article on credit cards that you can use today.

How Does a Credit Limit Work?

A credit limit is the maximum balance you are allowed to have on a credit card, as dictated by the card issuer.

Credit card issuers determine a specific credit limit for each card issued to an applicant. Your credit limit amount is based on several factors, including income, credit history, debt-to-income ratio, whether the card is a business or personal card, the amount of credit a person already has with the issuer, credit utilization percentages, and activity history with that issuer.

Based on the product offerings of the credit card issuer, some cards are also issued without preset credit limits and offer more discretionary spending for those cardholders who meet specific card issuer requirements.

We’ll include both types of cards in our discussion.

What Happens if You Go Over Your Credit Limit?

If you try to make a purchase that takes you over your credit limit, that transaction is likely to be declined by your credit issuer. A credit limit is a pre-set transaction limit that your issuer has allowed you to charge up to in a single billing period, so it should not be feasible for you to spend past that limit.

How Is a Credit Card Limit Decided?

The most important factors that determine your credit limit are your credit score and your income. Regarding your credit score, the credit issuer will not only be interested in your overall score but also your payment history, length of credit history, and more.

As for your income, a credit issuer will only issue you a credit limit that they deem that you could reasonably repay based on your income. For instance, if you list your income at $50,000, it is unlikely that you would be issued a credit limit of $30,000, whereas a credit limit of $5,000 would be much more reasonable.

Lastly, credit issuers will also take into account the amount of credit they have already extended to you. Even if you have a high income and strong credit score, you might still find yourself denied when applying for a new card or approved but given a relatively small credit limit if an issuer has already extended a large amount of credit to you across other cards.

What Is Considered a High Credit Card Limit?

What constitutesa high credit limit on a credit card is subjective, but a limit of $5,000 for good credit and $10,000 for excellent credit seem to be frequently cited as acceptable definitions.

High Limit Credit Card Eligibility

To be approved for a high limit credit card, you’ll likely need at least a few years of solid credit history, a high credit score, and an income that could reasonably repay any potential charges on a high limit credit card.

Am I Eligible to Get a High Limit Credit Card?

While there is no set standard for ensuring that you’ll be approved for a high limit credit card, there are some methods for checking if you are eligible. For instance, American Express offers a tool on its website for checking if you are pre-qualified for any of its card offerings.

All you’ll need to do is provide some basic information to confirm your identity and enter the last 4 digits of your Social Security number. This will allow American Express to conduct a soft pull on your credit report and instantly create personalized offers just for you. Just keep in mind that being pre-qualified does not guarantee that you’ll be approved for the card.

Similarly, you could use a tool like CardMatch which allows you to see what pre-qualified offers you’ve been matched with from multiple banks.

What Credit Score Is Needed to Get a High Limit Credit Card?

There is no set credit score that will guarantee that you will be approved for a high limit credit card, as there are many other factors taken into account. These include your income, years of credit history, and the amount of credit that has already been extended to you. That said, assuming all other factors are in order, those with a credit score of 700 or higher should have reasonably good approval odds for a high limit credit card.

The Benefits of a High Credit Limit

A high credit limit might be desirable for several reasons. Let’s look at a few situations where it could be useful.

Running a Business With Seasonal Cash Flow

Having access to credit to pay your bills, invest in needed equipment, or hire extra help could be crucial to keeping a business operational when cash flow is low.

Running a Household With Variable Cash Flow

If your income is higher in some months compared to others, having access to credit can help balance the household cash flow.

A Higher Credit Limit Can Benefit Your Credit Score

One factor that contributes to how your credit score is calculated is your percentage of credit utilization. In other words, how much credit you have used compared to the total amount available. The lower the percentage, the better. Having a high credit limit and using just a small percentage can help boost your credit score.

Access to Credit in Case of Emergency

There’s certainly peace of mind knowing that if you had an emergency, you’d have access to enough credit to handle the unexpected expense.

Bottom Line:

Credit limits that dictate the maximum amount you can spend on a credit card are assigned by the card issuer at the time of approval. A high credit limit can help you manage erratic cash flow, reduce your percentage of credit utilization, and provide access to credit in an emergency.

Requesting Higher Limits on Existing Cards

You may be able to obtain a higher credit limit by requesting an increase on your current credit card. Note that credit card issuers may access your credit report and do a hard credit inquiry before granting an increase, so use this option sparingly.

Credit increases can also happen without a request as you build a positive credit history with the issuer.

For more information on this topic, access our articles on requesting increases on American Express cards and Chase-issued cards.

How We Selected the Best High Limit Credit Cards — Methodology

At Upgraded Points, we evaluate the best high limit credit cards based on the amount of value the card can offer to cardholders. Our evaluation process analyzes each card based on important factors including its benefits, earnings structure, welcome bonus, redemption value/rewards program, fees, and more.

Here is some insight into our thought process when selecting the best high limit credit cards:

Earnings Structure

Given that most high limit credit cards tend to be travel rewards credit cards, the amount of points, miles, or cash-back it can earn you on your everyday purchases is very important.

Redemption Value

Earning rewards is great, but being able to redeem them at a high value is even better. This is why we prioritize cards that offer flexible redemption options, access to transfer partners, and more on our list of the best high limit credit cards.

Associated Benefits

Many high limit credit cards come loaded up with benefits, so it is important to consider which benefits off the most value to consumers. These benefits can include things like travel credits, airport lounge access, elite status, priority security screening, and more.

Welcome Bonus Offers

The welcome bonus offer on a credit card can be a great way to boost your point earning rapidly. Given that the best credit card welcome offers can be quite lucrative, they are a factor in how we evaluate cards.

Fees

Most high limit credit cards have fees, so take these into account as well. Many will charge an annual fee for holding the card, so make sure you’re getting enough value from the card each year to justify it.

Hot Tip:

While the most desired benefits and features of a card will vary by person, our holistic approach gives readers the full picture of what they can expect from every card we review. To learn more about how we review cards, read through our methodology page.

Final Thoughts

There are plenty of positives to having high credit limits, but of course, there could be downsides. The temptation to spend more than is prudent or to avoid paying off your statement each month could result in paying high interest charges.

Also, if high credit limits are not managed wisely, it could be possible to easily accumulate a lot of debt.

However, for those who have earned the privilege of receiving high credit limits, there are many benefits. These include being able to make large credit card purchases, having access to emergency funds, having a useful tool for managing credit utilization, and having the capital to level out cash flow.

For Capital One products listed on this page, some of the above benefits are provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

Enrollment required through Capital One website or mobile app. Upon enrollment, eligible cardholders will remain at upgraded status level through December 31, 2024. Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier. Additional terms apply.

*No Preset Spending Limit means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history.

For the extended warranty and purchase protection benefit of The Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the Cell Phone Protection benefit of The Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by New Hampshire Insurance Company, an AIG Company. For the Return Protection benefit of The Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details.

For the car rental collision damage coverage benefit of the American Express® Gold Card, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car rental loss or damage coverage is offered through American Express Travel Related Services Company, Inc. For the baggage insurance plan benefit of the American Express® Gold Card, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the extended warranty and purchase protection benefit of The Business Platinum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company.

For the car rental collision damage coverage benefit of The Plum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. Car rental loss or damage coverage is offered through American Express Travel Related Services Company, Inc. For the extended warranty and purchase protection benefit of The Plum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. Underwritten by AMEX Assurance Company. For the Global Assist Hotline benefit of The Plum Card® from American Express, eligibility and benefit level varies by card. Terms, conditions and limitations apply. Visit americanexpress.com/benefitsguide for more details. If approved and coordinated by Global Assist Hotline, emergency medical transportation assistance may be provided at no cost. In any other circ*mstance, card members may be responsible for the costs charged by third-party service providers.

The information regarding the Capital One Spark Cash Plus Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Centurion® Card from American Express was independently collected by Upgraded Points and was not provided nor reviewed by the issuer.
The information regarding the UNITY Visa® Secured Credit Cardwas independently collected by Upgraded Points and not provided nor reviewed by the issuer.
The information regarding the Citi® Secured Mastercard® was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

For rates and fees of The Platinum Card® from American Express, click here.
For rates and fees of the American Express® Gold Card, clickhere.
For rates and fees of The Business Platinum Card® from American Express, click here.
For rates and fees of The Plum Card® from American Express, click here.
For rates and fees of the American Express® Business Gold Card, click here.

The 13 Best High-limit Credit Cards [Benefits, Recommendations] (2024)
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