WalletHub, Financial Company
@WalletHub
Guaranteed approval credit cards with $10,000 limits for bad credit don’t really exist. A secured credit card that allows you to place a very sizable deposit is the closest thing you’ll find. For example, the Secured Chime® Credit Builder Visa® Credit Card allows you to put down as much as $10,000 and offers nearly guaranteed approval. But your spending limit equals the amount of your deposit, so it won’t help you buy something that you can’t already afford in cash.
Easy High Limit Credit Cards to Get with Bad Credit
- Secured Chime® Credit Builder Visa® Credit Card: Up to – $10,000 limit (same as the amount you transfer from your Chime Spending Account)
- Harley-Davidson® Secured Credit Card: $300 - $5,000 limit (same as the deposit amount)
- First National Bank of Omaha Secured Visa® Card: $300 - $5,000 limit (same as the deposit amount)
- U.S. Bank Cash+® Visa® Secured Card: $300 - $5,000 limit (same as the deposit amount)
- Valley Bank Visa® Secured Business Credit Card: See Terms - $25,000 limit (requires a security deposit of 110% of your chosen credit limit)
You should also consider WalletHub’s picks for the best secured credit cards. If you’d like some tips on how to speed up the credit-rebuilding process, you can get personalized credit-improvement advice by signing up for a free WalletHub account.
Why Guaranteed Approval Credit Cards With a $10,000 Limit Are Hard to Find
There are a couple of important reasons why guaranteed approval credit cards with $10,000 limits for bad credit are not available. For starters, no credit card offers 100% guaranteed approval. There’s always some sort of minimum eligibility requirement that you must meet. That’s even true with secured credit cards.
Furthermore, credit cards for people with bad credit tend to have spending limits that are far below $10,000. Most unsecured cards for bad credit give you a starting limit of around $300, and fees eat into a lot of that early on. So, if you have bad credit, you’re not going to find a credit card capable of financing a big-ticket purchase.
Prioritize Credit Rebuilding Over Credit Limits
Getting a credit card with a specific spending limit should not be your top priority when you have bad credit, instead, rebuilding your credit is the best approach in the long run. Above all else, that means getting approved for a credit card as quickly as possible and paying your bill on time every month to help you improve your credit core.
Kevin Richardson, Member
@krich_business
No
Nathan WW, Member
@nward_nlt
Nope. Closest is a secured card with no credit check, but I don’t think that’s what you’re looking for.
Nora Coleman, Member
@nora_c_art
I have a big bill and bad credit. Guess I don’t have many options…Ive heard people have luck with payment plans?
If you can get a pay in 4 plan with no interest or something like that, it could be a good option. But that’s usually reserved for new purchases. Also, watch out for deferred interest. It’s shady.
Ronan Agan, Member
@ronan_agan
A guaranteed approval credit card for bad credit is a secured credit card. So if you want to have a $10,000 credit limit, you'll have to provide that amount as a security deposit.
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