The highest credit card limit is over $100,000 according to anecdotes from credit card holders. But like most credit cards in general, even the highest-limit credit cards will only list minimum spending limits in their terms – and the highest minimum you’ll find is around $10,000.
In order to get $100,000+ in spending power, you need a lot of assets and income, little debt, and a spotless credit history. Let’s look at some of the most popular offers with high floors and, hopefully, even higher ceilings so you can see for yourself.
Here are some of the highest credit card limits right now:
Chase Sapphire Reserve®: $10,000+
You’re guaranteed a credit limit of at least $10,000 with this card, but it comes with a $550 annual fee and requires excellent credit. If you’re a high spender, though, the points you’ll rack up can be well worth it.
Chase Sapphire Preferred® Card: $5,000+
You’ll get at least a $5,000 credit limit with this card, and some people report a high limit of $100,000. This card requires good credit and the annual fee is $95.
Wells Fargo Platinum card: $1,000 minimum
This card’s minimum credit line is $1,000. It requires good credit and comes with a $0 annual fee.
The Platinum Card® from American Express: No Pre-Set Spending Limit
American Express Platinum card has no pre-set spending limit, which means your limit is flexible, will depend on your monthly spending habits and could change from month to month. The annual fee is $695, and you need good credit or better to get approved.
American Express® Gold Card: No Pre-Set Spending Limit
This is another NPSL card, meaning your credit limit on this card will adapt to how you use it. Amex Gold card requires at least good credit and charges an annual fee of $250.
Discover it® Student Cash Back: $500+
Students can look forward to a limit of at least $500. That’s pretty good for a first card when you have limited credit. The annual fee is $0.
Again, keep in mind that most credit cards only disclose minimum credit limits, if that. So, your limit could be a lot higher based on your creditworthiness.
In order to have a better chance of getting the highest credit card limit possible in your situation, you should make sure to always pay bills on time, use 30% or less of your available credit, pay down your debts, save money for the future, and otherwise make good financial decisions.