What credit cards will offer me a $1,000 credit limit with bad credit?

There are several credit cards that can offer you a $1,000 credit limit with bad credit, the best of which is the Bank of America® Customized Cash Rewards Secured Credit Card ($200+ limit). However, as this is a secured credit card, you need to put down a $1,000 security deposit, which will serve as your credit line. Without putting down a deposit, it will be difficult to get a credit card with such a high credit limit when you have bad credit. Most credit cards for bad credit start out with low limits in the $200-$300 range. 

Ways to get a $1,000 credit limit with bad credit:

• Get a secured credit card: Most secured cards, including the Bank of America Custom Cash Secured Card and the U.S. Bank Cash+® Visa® Secured Card allow you to add a 1,000 security deposit, which will serve as your credit limit. Also, the deposit is fully refundable when you close the account in good standing. Most secured cards also come with $0 annual fees.
   
  As you build good credit, you may be eligible for a credit limit increase without an additional deposit. In some cases, you’ll be allowed to graduate to an unsecured card with better terms.
• Get an unsecured credit card: An unsecured credit card for bad credit could give you a $1,000 credit limit, but it depends on just how damaged your credit is. Your income, debts, and overall ability to make credit card payments are also crucial factors that determine your credit limit.
   
  Just keep in mind that most unsecured cards for bad credit, such as the Surge® Platinum Mastercard®, start with a $300+ credit limit. Plus, it’s not all yours to spend right away, as you’ll owe an annual fee of $75 - $125.
   
  Many unsecured credit cards for bad credit come with high annual, one-time, and monthly fees. So, it’s rarely worth all the money you spend just to keep the account open.
• Get a store card: Some store credit cards, such as the Fingerhut Credit Card, will start out with a low credit limit. However, you could increase your credit limit after you make a few on-time, above-minimum payments.
   
  You can get approved for a Fingerhut Credit Card with bad credit, and it has a $0 annual fee.
• Become an authorized user: Another way to get a $1,000 credit card limit with bad credit is to become an authorized user. When you sign on as an authorized user on someone else’s credit card, you’ll share the account’s credit limit while you rebuild your credit history.
   
  Missed payments on the account can have a negative effect on both the primary cardholder and the authorized user’s credit scores. But as an authorized user, you have the right to dispute negative information in order to get it removed from your credit report.

If you’re not in need of emergency money, and your focus is more on building your credit, you should get a secured credit card. Your limit on a secured card is as high as your initial deposit in most cases. Alternatively, you can also look at ways to increase your credit limit after you get approved for a card. After several months of responsible credit card use, you can request a higher credit limit yourself, or you might even be offered an automatic increase by the issuer.

The only way to get a credit card for bad credit with a $1,000 limit is to place a $1,000 security deposit on a secured credit card. The top secured credit cards are the Capital One Secured, BofA Secured, Citi Secured and Discover it Secured cards.

If a security deposit is not an option, a decent unsecured card is the Credit One Bank Visa. It starts you out with a limit of at least $300, but there's no guarantee you’ll ever see a $1,000 credit limit. Plus, the annual fee and interest rates are high. Not an attractive option in my opinion.