What are the best high limit credit cards for excellent credit?

Question

The best credit card with a $10,000 limit is the Chase Sapphire Reserve® card. The minimum credit limit is $10,000, so approved applicants start out with at least that amount. It’s one of the best travel cards on the market and you need excellent credit (a credit score of 750+) for good odds of approval. Chase Sapphire Reserve is an exclusive travel card that offers ... read full answer travel credit, 1 - 10 points per $1 on purchases, and a 60,000 bonus points for spending $4,000 in the first 3 months. It does charge a $550 annual fee, but if you're a frequent traveler, its rewards can offset this cost.

Other high limit credit card options

The Chase Sapphire Preferred® Card makes for a good alternative. The lowest limit you’ll get on it is $5,000. But it’s definitely possible to get limits of $10,000+. Chase Sapphire Preferred requires good credit or better (a credit sore of 700+), but other factors such as your income, debt and overall credit situation will also determine your credit limit. You earn 1 - 5 points per $1 on purchases. Plus, new cardholders get a bonus of 60,000 bonus points for spending $4,000 in the first 3 months. And the $95 annual fee makes the Chase Sapphire Preferred more affordable than the more exclusive Chase Sapphire Reserve.

Credit limits are based largely on your income, debt, and credit history. So, the more money you make and the better your credit is, the higher the credit limit you can expect. It’s possible to get a $10,000 limit on many credit cards, but finding cards with definite $10,000 minimums is difficult. Feel free to also check out our editors' picks for the best high limit credit cards and pick one according to your individual needs.

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Answer 1 · 2023-02-03 21:54:30

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Bogdan Roberts, Credit Cards Moderator

@bogdan_roberts • 02/03/23 This answer was first published on 04/16/21 and it was last updated on 02/03/23.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The best high-limit credit card for excellent credit is the Chase Sapphire Reserve® because new cardholders start with a credit limit of $10,000 or more. The stronger your credit profile is, the more likely you are to get a credit limit higher than $10,000.

Chase Sapphire Reserve also has a bonus of 60,000 bonus points for spending $4,000 in the first 3 months. In addition, cardholders can earn 1 - 10 points per $1 spent on purchases. The annual fee is $550.

Here are some of the best high-limit credit cards for excellent credit:

Overall: Chase Sapphire Reserve®Chase Sapphire Reserve®Learn MoreLearn Moreon issuer's website

Minimum Credit Limit: $10,000

Initial Bonus: 60,000 bonus points for spending $4,000 in the first 3 months

Ongoing Rewards: 1 - 10 points per $1 spent on purchases

Annual Fee: $550

No Annual Fee: Alliant Cashback Visa® Signature Credit CardAlliant Cashback Visa® Signature Credit CardLearn MoreLearn More

Minimum Credit Limit: $10,000

Ongoing Rewards: 1.5 - 2.5%* cash back on purchases

Annual Fee: $0

Initial Bonus: Chase Sapphire Preferred® CardChase Sapphire Preferred® CardLearn MoreLearn Moreon issuer's website

Minimum Credit Limit: $5,000

Initial Bonus: 60,000 bonus points for spending $4,000 in the first 3 months

Ongoing Rewards: 1 - 5 points per $1 spent on purchases

Annual Fee: $95

Travel Rewards: Citi Premier® CardCiti Premier® CardLearn MoreLearn Moreon issuer's website

Minimum Credit Limit: $2,000

Initial Bonus: 60,000 points for spending $4,000 in the first 3 months

Ongoing Rewards: 1 - 3 points per $1 spent on purchases

Annual Fee: $95

Travel & Dining Rewards: Bank of America® Premium Rewards® credit cardBank of America® Premium Rewards® credit cardLearn MoreLearn Moreon issuer's website

Minimum Credit Limit: $1,500

Initial Bonus: 50,000 points for spending $3,000 in the first 90 days

Ongoing Rewards: 1.5 - 2 points per $1 spent on purchases

Annual Fee: $95

Rates & FeesLow Intro APR: Wells Fargo Reflect® CardWells Fargo Reflect® CardLearn MoreLearn Moreon issuer's website

Minimum Credit Limit: $1,000

Intro APR: 0% for up to 21 months from account opening on purchases and qualifying balance transfers

Regular APR: 17.74% - 29.74% Variable

Balance Transfer Fee: 3% intro for 120 days, then up to 5% (min $5)

Annual Fee: $0

Alternatively, you could consider charge cards as they generally either have higher spending limits than regular credit cards, or don’t have don’t have preset spending limits at all. But they do require you to pay your balance in full every month and attract considerable late fees if you fail to do so.

Keep in mind that not all issuers list their minimum credit limits in their terms and conditions. Your credit limit could be higher than the minimum listed, based on your creditworthiness and other factors including employment, housing information and debt. Users report credit limits upward of $100,000 for some of these cards, but such claims are anecdotal, so you can’t count on a limit that high. That’s one reason why you shouldn’t apply for cards just for the highest possible credit limits. Instead, assess all of a card’s features and any fees it may charge to find the right fit.

Answer 2 · 2021-04-16 07:50:12

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Chip Lupo, Credit Card Writer

@CLoop • 04/16/21 This answer was first published on 01/27/20 and it was last updated on 04/16/21.For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The term “high limit” is relative. A high-limit credit card for excellent credit generally means a limit of $5,000 and above. However, a high limit for someone with fair or limited credit will be significantly less than for someone with excellent credit. And even if you have excellent credit, there’s no guarantee you’ll land a credit limit above a card’s minimum. Factors such as income, employment, housing information and existing debt, along with the specifics of your credit history, ultimately determine if you can reasonably afford a high-limit credit card.

What are the best high limit credit cards for excellent credit?

Bogdan Roberts, Credit Cards Moderator

Here are some of the best high-limit credit cards for excellent credit:

2023's Best High Limit Credit Cards

Chip Lupo, Credit Card Writer

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