The best high limit business credit cards are Chase Ink Business Preferred, Chase Ink Business Cash and Capital One Spark Cash for Business. They offer minimum credit limits of $2,000 - $5,000, but allow some users to start with higher limits based on their credit, income and debt. The better your credit situation (both personal and business), the more responsible you’ll seem to lenders and the more likely they’ll be to give you a higher credit line.
Best high limit business credit cards:
Chase Ink Business Preferred: Minimum credit limit of $5,000, but could start at more than $25,000. 3 points per $1 spent in categories that rotate every year and 1 on everything else. $95 annual fee. Good credit required.
Chase Ink Business Cash: Minimum credit limit of $3,000, but could start at more than $25,000. 1% - 5% cash back, depending on the purchase category. $0 annual fee. Good credit required.
Capital One Spark Cash for Business: Minimum credit limit of $2,000, but could start as high as $30,000. Unlimited 2% cash back on all purchases. $95 annual fee, waived the first year. Good credit required.
Although there’s no way to know a card’s maximum limit for sure (as the issuers don’t disclose that), you can find out the minimum credit limit on many cards. And depending on how good your credit is, you may receive a lot more than the minimum.
Just look at Ink Business Cash. You’re guaranteed $3,000, but if they think you’re especially creditworthy, you can have $25,000+ as your starting limit. Your credit will have to be pretty flawless to get that, though, and you’ll need to show that your income and assets allow you to spend that much.
In any case, like most credit cards, business cards will often give you credit limit increases automatically if you consistently pay on time. So don’t be late and keep your credit in good shape and you’ll usually see your credit limit go up over time.