Lawrence, Wallethub Credit Card Analyst
@lawrence50
There are no credit cards with a guaranteed $20,000 minimum credit limit. However, your best chance at getting a $20,000 limit is with the Chase Sapphire Reserve® card, which has a $10,000 minimum credit limit. If Chase thinks you can handle a limit that’s twice the minimum amount, based on your income and debt, you could be approved for $20k.
In general, you could get approved for a credit card with a $20,000 limit if you have excellent credit, a lot of income, and very little debt.
Best Credit Cards with the Possibility of a $20,000 Limit
- Best Overall: Chase Sapphire Reserve®Chase Sapphire Reserve®Learn MoreLearn Moreon issuer's website
- Best for Travel Rewards: Chase Sapphire Preferred® CardChase Sapphire Preferred® CardLearn MoreLearn Moreon issuer's website
- Best for Business: Ink Business Preferred® Credit CardInk Business Preferred® Credit CardLearn MoreLearn Moreon issuer's website
If you’re not able to get a credit card with a $20,000 limit right away, you can always call your issuer to request a credit limit increase after 6 months. And you can always get more total credit by applying for another credit card, though you should probably wait a year in between.
2023's Best High Limit Credit Cards
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Yanna Greggs, Member
@yanna_greggs
There are several credit cards that have the potential to offer a $20,000 limit. Some of these are: The Chase Sapphire Preferred® Card and the Capital One Venture Rewards Credit Card credit card. However, you'd need both good or excellent credit and a very high income among other things, in order to get approved for that limit.
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