Credit cards with the highest limits

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Let’s start by acknowledging there’s a bit of mystery — intentional at that — to credit card limits.

Issuers don’t generally volunteer their credit limit ranges, although you may be able to coax a customer service representative into telling you about the highest credit limit they’ve seen. And cardholders sometimes share stories in online forums about the size of their credit lines.

Otherwise, you won’t know what your credit limit is until after your card application wins approval. You can also get a credit card limit increase with good behavior or a decrease during economic downturns — as has happened during the pandemic.

Generally speaking, if you’re looking to apply for a card with a high credit limit, your best bets are premium rewards cards and business credit cards, which may be able to offer outsized credit lines based on your company’s spending needs. A good rule to follow is that any card with high benefits is likely to come with a potentially high spending limit. You also can look to cards that carry Visa Infinite or Mastercard World Elite branding or cards that offer no pre-set spending limit.

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In This Post

What is a high credit limit?

Your definition of a high credit limit may vary. If you’re just starting out with credit, a few hundred to a few thousand bucks may seem like a huge line. More experienced users would define a high credit limit as one that exceeds tens of thousands of dollars.

To get a sense of what a high credit limit might look like, it might help examine average credit limits. The Consumer Financial Protection Bureau reported average credit lines per account broken down by FICO score range. Here’s what the agency found:

Credit Category Credit Score Range Average Credit Line
Super prime 720-850 About $10,000
Prime 660-719 Less than $6,000
Near prime 630-659 Roughly $3,000
Subprime 580-619 About $2,000

Any line higher than $10,000 is considered above average for consumers with the best credit scores. Again, whether $10k is a high limit really depends on your experience and needs.

Related: 5 ways the pandemic is changing how you access credit

How to get a high credit limit

How issuers determine credit limits is proprietary, although some of them offer guidance.

American Express says it takes into account “the customer’s overall level of debt relative to his or her financial resources known to us. Also, we look at a variety of factors that comprise a customer’s overall credit profile, which includes, among other things, your credit bureau reports and scores at the time you apply, payment history (if any) with American Express, reported income and usage habits (if known).”

Discover, meanwhile, says your credit score is important, but “a high score alone does not necessarily guarantee a certain credit limit or even card approval.”

Issuers will also look at your income, monthly expenses, payment history, and credit utilization. Your age and location can also be factors.

Related: When is it time to ask for a credit limit increase?

Why you might want a high credit limit

There are two pretty good reasons to seek a credit card with a high limit.

If you put as much of your monthly expenses on a credit card as you can (and you should so you can earn the rewards) and you have many expenses that you can pay off each month, you should look to a high-limit card. Second — and this actually works in tandem with the first reason — getting a high-limit card could actually help your credit score.

Credit utilization, one of the things mentioned above that influences issuers’ decision on how big your credit line will be, is a huge factor in your credit score. The less credit you use as a percentage of the credit available to you, the better as far as your score goes. Grab a big credit line and use only a small portion of it each month, which could boost your score.

Related: Here’s how to reallocate credit lines between your cards

Top cards with high limits

Here are five cards that are likely to snag you a big credit limit if you have a stellar credit score and a good income:

Chase Sapphire Preferred Card

(Photo by John Gribben for The Points Guy)

Highest reported credit limit: $100,000, according to Quora (although a $50,000 limit seems more likely). As a Visa Signature card, the minimum credit limit you can have is $5,000.

Sign-up bonus: Earn 80,000 Ultimate Rewards points after spending $4,000 within the first three months of account opening.

Rewards: Earn 2x Ultimate Rewards points per dollar spent on travel and dining categories and 1x point per dollar on everything else. You’ll also earn 5x points on Lyft rides through March 2022.

Benefits: The Chase Sapphire Preferred Card comes loaded with travel perks, including primary car rental insurance, trip delay insurance, trip cancellation/interruption insurance and baggage delay insurance.

Annual fee: $95

APPLY HERE: Chase Sapphire Preferred Card

Related: What credit score do you need to get the Chase Sapphire Preferred Card?

Chase Sapphire Reserve

Highest reported credit limit: $78,000, according to a post on the myFICO Forums. As a Visa Infinite card, your limit will be $10,000 at a minimum.

Sign-up bonus: Earn 50,000 Ultimate Rewards points after you spend $4,000 in the first three months of account opening.

Rewards: Earn 3x Ultimate Rewards points per dollar spent on travel (after $300 travel credit exhausted) and dining categories and 1 point per dollar on everything else. You’ll also earn 10x points on Lyft rides through March 2022.

Benefits: The travel benefits are top-notch, including a $300 annual travel credit, Priority Pass lounge access, and reimbursement for the Global Entry or TSA PreCheck application fee.

Annual fee: $550

APPLY HERE: Chase Sapphire Reserve

Related: What credit score do you need to get the Chase Sapphire Reserve?

Capital One® Venture® Rewards Credit Card

Highest reported credit limit: $50,000, according to a post on the myFICO Forums. This is another Visa Signature card, so the minimum credit limit is $5,000.

Sign-up bonus: Earn 100,000 bonus miles after you spend $20,000 on purchases within the first 12 months from account opening. Or, earn 50,000 bonus miles after you spend $3,000 on purchases within the first three months of account opening.

Rewards: Earn 5x on hotel stays and car rentals booked with the card through Capital One Travel; 2x miles on every purchase. You’ll also earn 5x miles on Uber Eats purchases through January 2021

Benefits: Visa Signature travel benefits include travel accident insurance, lost luggage reimbursement and secondary auto rental coverage. You’ll also get extended warranty protection and purchase security, which replaces, repairs, or reimburses you for purchases in the event of theft or damage within 90 days of the purchase date, up to $500 per claim and $50,000 per cardholder.

Annual fee: $95

APPLY HERE: Capital One Venture Rewards Credit Card

Related: What credit score do you need to get the Capital One Venture Rewards card?

Delta SkyMiles® Gold American Express Card

(Photo by Wyatt Smith/The Points Guy)

Highest reported credit limit: $50,000, according to a post on the myFICO Forums.

Welcome offer: Earn 50,000 bonus miles after you spend $2,000 in purchases on your new card in your first three months (offer expires on Oct. 28, 2020).

Rewards: Earn 2 miles per dollar on Delta purchases, restaurants and U.S. supermarkets and 1 mile per dollar on everything else.

Benefits: Enjoy priority boarding, a first bag checked free, no foreign transaction fees (see rates and fees) and 20% savings on inflight purchases. You’ll also get a $100 Delta flight credit after you spend $10,000 in a calendar year.

Annual fee: $99, waived the first year (see rates and fees)

APPLY HERE: Delta SkyMiles® Gold American Express Card

Citi Prestige® Card

(Photo by John Gribben for The Points Guy)

Highest reported credit limit: $31,500, according to a post on the myFICO Forums.

Sign-up bonus: Earn 50,000 points after you spend $4,000 in the first three months of account opening.

Rewards: Earn 5x points on dining at restaurants and air travel, 3x points at hotels and cruise lines and 1x everywhere else.

Benefits: The most lucrative of the many perks this card offers is its fourth-night-free benefit. Citi will give you the fourth night of your stay gratis at virtually any hotel when booking through the Citi Prestige Concierge (up to twice per year). The rate is based on your average night stay and doesn’t include taxes and fees. You’ll also receive an annual $250 air travel credit, a $100 Global Entry credit, Priority Pass lounge access, trip coverage and purchase protection.

Annual fee: $495

The information for the Citi Prestige has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

No-preset-limit cards

(Photo by Isabelle Raphael/The Points Guy)

As previously mentioned, some cards don’t have any preset spending limits. Most Amex-branded cards, including The Platinum Card® from American Express, the American Express® Gold Card and the American Express® Green Card, fall under this category. With these cards, your transactions are approved on a case-by-case basis, which in practice means that you’re getting a much larger credit line.

For instance, as you can tell from above, it’s not easy to get approved for a single credit card with a $100,000 credit limit. Still, many businesses can charge much more each month to The Business Platinum Card® from American Express.

The key difference with charge cards is that you typically need to pay off your balance in full each month. Amex allows eligible cardholders to pay eligible charges of $100 or more over time through the Pay Over Time program, but there is a limit for this and the fees are usually high.

The information for the Amex Green Card has been collected independently by The Points Guy. The card details on this page have not been reviewed or provided by the card issuer.

Related: Amex adds new payment options to Green, Gold and Platinum cards

Bottom line

If you have a solid credit score and you take home a decent paycheck, you have a good shot at earning an above-average credit limit on your next credit card — especially if you’re willing to fork out a healthy annual fee. You’re not going to get a good feel for your specific limit before you apply — though you may be able to get a credit limit increase down the line. It may be possible to go over your credit limit, but it usually has consequences.

For rates and fees of the Delta SkyMiles Gold American Express Card, please click here

Mike Cetera contributed to this post.

Feature image by rawpixel via Unsplash.

Chase Sapphire Preferred® Card

WELCOME OFFER: 80,000 Points

TPG'S BONUS VALUATION*: $1,600

CARD HIGHLIGHTS: 2X points on all travel and dining, points transferrable to over a dozen travel partners

*Bonus value is an estimated value calculated by TPG and not the card issuer. View our latest valuations here.

Apply Now
More Things to Know
  • Earn 80,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $1,000 toward travel when you redeem through Chase Ultimate Rewards®.
  • 2X points on travel and dining at restaurants worldwide, eligible delivery services, takeout and dining out & 1 point per dollar spent on all other purchases.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards. For example, 80,000 points are worth $1,000 toward travel.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on orders over $12 for a minimum of one year on qualifying food purchases with DashPass, DoorDash's subscription service. Activate by 12/31/21.
  • Earn 5X points on Lyft rides through March 2022. That’s 3X points in addition to the 2X points you already earn on travel.
Intro APR on Purchases
N/A
Regular APR
15.99%-22.99% Variable
Annual Fee
$95
Balance Transfer Fee
Either $5 or 5% of the amount of each transfer, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.