7 Best High Limit Credit Cards

credit cards

If you’ve got your eye on a new car or boat, and want to earn points or miles from your purchase, a high limit credit card might be just what you need.

Even if you have fair credit or bad credit, and want a little more cushion room to finance day-to-day spending, a credit card with a high limit provides peace of mind that you have reserves available on demand.

The last thing you want is to arrive at the grocery store cashier line only to discover your card has been declined because you hit the spending cap.

The good news is a long list of credit cards with high limits are available. But which ones have the best annual fees, rewards rates, and sign-up bonuses?

Rather than trudge through the weeds trying to figure out which credit card is best, we’ve done the hard work for you.

Best High Limit Credit Card Overall

The Chase Sapphire Reserve℠ credit card might well be the best credit card on the market, period!

Some of the highlights include:

Chase Sapphire ReserveSM Card Benefits
3X Points on Travel & Dining
  • Earn 3 points for every dollar spent on hotels, airlines, and restaurants.
50% Value Bonus
  • When you redeem points through the Chase Ultimate Rewards®  portal, your points are worth 50% more.
Airport Lounge Access
  • Receive complimentary Priority Pass Select membership and gain entry to 1,000 airport lounges around the world.
Global Entry & TSA Pre-Screen Credit
  • When you are approved for the Chase Sapphire ReserveSM card, you receive a credit towards a global entry card.
Annual Travel Credit
  • Travel purchases charged to your card are reimbursed up to a value of $300 each year.

While Chase applies a $450 annual fee each year, the net cost is $150 when you factor in the $300 travel credit.

But the perks don’t stop there.

Based on our research, the credit limit for the Chase Sapphire Reserve℠ card is $100,000.

Depending on your income, credit score, net worth, assets, and other factors considered by Chase, you could theoretically be approved for a credit limit as high as $500,000.

For such high credit limits, you will almost certainly need to earn a $100,000+ salary.

#1 High Limit Credit Card For Travel

If you travel often and want a high credit limit, the Capital One® Venture® Rewards credit card is a top choice.

You will need excellent credit to be approved for the Venture® Rewards card by Capital One®.

Here is a flavor of the mouthwatering rewards you can expect to enjoy:

Capital One® Venture® Rewards Card Benefits
Sign-up bonus
  • 50,000 miles when you spend $3,000 on purchases with the card in the first 3 months.
Unlimited Rewards
  • Earn unlimited 2X miles for every dollar spent on everyday purchases.
10X Miles
  • When you use your card to book at hotels.com you will earn 10X miles.
No Annual Fee Year One
  • The usual $95 annual fee is waived in year one.
No Foreign Transaction Fees
  • Outside of the United States, you won’t pay any pesky foreign transaction fees.

If you spent $3,000 per month on average on everyday purchases using the Capital One® Venture® Rewards credit card, you would earn 72,000 air miles in 12 months.

Here’s a breakdown of the air miles you could earn based on annual spending.

Monthly Spending Miles Every Year
$1,000 24,000
$2,000 48,000
$3,000 72,000
$5,000 120,000
$10,000 240,000

Over and above these perks, the credit limit on the card is generous too. It is common to start out with a $5,000 → $10,000 credit limit but some cardholders claim to receive as much as a $50,000 credit line.

Credit Card With
High Limit & 0% Balance Transfer

If you are looking to transfer your credit card balance to another card and maintain a high credit limit, the Discover-It® 18 Month Balance Transfer card may be just what you have been looking for.

Compared with other balance transfer cards, the Discover-It® card has perks galore, including:

Discover-It® 18-Month Balance Transfer Card Benefits
Pay No Annual Fee
  • Unlike many other 0% balance transfer cards, you pay no annual fee with the Discover-It® 18-month balance transfer card.
0% APR On New Purchases
  • For the first six months, you pay 0% APR on new purchases.

The bad news is you will be required to pay a 3% fee on balances transferred to the card.

But the silver lining is that, according to our research, a credit limit as high as $20,000 could be obtained.

Top High Limit Credit Card
With No Annual Fee

While luxury cards charge annual fees stretching to hundreds of dollars, it is possible to side-step an annual charge altogether and still enjoy a high credit limit.

The Chase Freedom® credit card won’t sting you with a yearly charge but the benefits don’t stop there.

Chase Freedom® Credit Card Benefits
No Annual Fee
  • $0 annual charge.
5% Cash Back
  • 5% cash back rewards on bonus categories (up to $1,500 per quarter).
APR Rate
  • 0% introductory APR for 15 months.
Sign-up Bonus
  • $150
1% Cash Back on Everyday Purchases
  • Outside of rotating categories, cardholders earn 1% cash back.

It’s not all sunshine with the Chase Freedom® card because you will need to pay attention to rotating categories to make the most of the cash back rewards, and when you travel overseas foreign transaction fees will apply.

Nevertheless, if you are looking for a credit card with no annual fee and a high credit limit, this card is hard to beat because the credit limit starts at $3,000 for many users but can stretch as high as $24,000 from our research.

High Limit
Credit Cards For Average Credit

If you have a fair credit rating, the Capital One® Quicksilver One® Cash Rewards card comes top of our list.

The benefits of the card include:

Capital One® Quicksilver One® Cash Rewards Card Benefits
1.5% Cash Back
  • Every day purchases earn 1.5% cash back rewards.
Higher Credit Line
  • After 5 consecutive months of on-time payments, you will be eligible to receive a higher credit line.
Free Credit Monitoring
  • A perk of the card is free access to the CreditWise® app, which enables you to monitor your credit.
Unlimited Cash Back
  • For the life of the card, no restriction limits apply to the cash back you can earn.
No Foreign Transaction Fee
  • When you travel overseas outside the United States, you will pay no foreign transaction fees.

The Capital One® Quicksilver One® Cash Rewards card does come with an annual fee of $39 and a high APR rate, so it is important to make your payments on time.

The flipside is you get to enjoy a high credit limit of $5,000 based on our research.

Which High Credit Limit Card
Is Best For Students?

If you are college bound or already in college, Discover-It® for Students has much to offer.

The primary benefits include:

Discover-It® for Students Benefits
5% Cash Back
  • Earn 5% on rotating categories like restaurants, grocery stores, and gas stations.
Dollar-for-Dollar Match
  • At the end of the first year, receive a dollar-for-dollar match of all cash back earned.
Good Grades Reward
  • Keep your GPA above 3.0 and receive a $20 credit each school year.
No Annual Fee
  • You won’t be hit with a yearly fee nor any late fees on first payments.

In addition to pluses like no changes to your APR rate when paying late, the Discover-It® card has a generous limit of $5,000.

Best Credit Card For Bad Credit

If you have bad credit, it’s tough sledding to find a good credit card with a high limit.

A lot of credit cards designed for cardholders with bad credit require a credit check, which in turn can further penalize your credit score.

However, the OpenSky® Secured Visa® credit card is available with no credit check.

Your credit line limit is based on the refundable deposit you pay upfront, and can be as low as $200.

A perk of the card is that, if you currently have no credit score, you will most likely get one within 6 months. The vast majority of people who regularly use the OpenSky® Secured Visa® credit card gain a credit record with either Experian, Equifax, or TransUnion within 6 months.

High Limit Credit Cards At A Glance

Best For Credit Card Credit Limit Get Started
Overall chase sapphire reserve logo $100,000 Chase Sapphire Reserve Review
Travel capital one venture card $50,000 Venture® by Capital One®
0% Balance Transfer discover it card $20,000 Discover-It 18 Month 0% Balance Transfer Review
No Annual Fee chase freedom card $24,000 Chase Freedom Review
Average Credit capital one quicksilver one card $5,000 QuicksilverOne
Students discover it card $5,000 Discover-It for Students
Bad Credit opensky secured visa credit card Secured Deposit OpenSky

Have you found other credit cards with high limits? Share your thoughts with us and tell us more.

>> Get 4% Rewards Dining Out With Uber Visa Credit Card

>> Is Discover It® The Best Balance Transfer Card?

>> Is Chase Sapphire Reserve The Best Travel Credit Card?

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