The highest limit secured credit card is the First Tech Federal Credit Union Platinum Secured Mastercard® because it gives you a credit line of up to $25,000 if you deposit the same amount. Credit limits on secured cards usually match the security deposit. So, the highest credit limit you can get depends on how much you put down. Most secured credit cards specify an upper limit for how much you are allowed to deposit.
One way to get a credit limit that’s higher than your deposit is to apply for a partially secured credit card, such as the Capital One Platinum Secured Credit Card. Depending on your credit standing, you might qualify for a $200 credit limit with a security deposit of $49, $99 or $200.
The best high limit secured credit card is the U.S. Bank Altitude® Go Visa® Secured Card. You can put down a security deposit of up to $5,000 to receive a credit limit of the same amount, and you will earn 1 - 4 points per $1 spent on purchases. The card is available to people with bad credit, and it has a $0 annual fee. The regular APR is 29.99% (V).
With almost all secured credit cards, your credit limit is the same amount as the...
The credit limit on a secured credit card is almost always equal to the amount of the refundable security deposit required to open the secured card account. For example, the credit limit on a secured credit card will be $200 if the cardholder puts down a $200 security deposit, and the limit will be $300 with a $300 deposit.
There are often minimum and maximum security deposit amounts that will restrict cardholders’ credit limits to a certain range, generally...
The best $500 limit credit card is the Chase Freedom Unlimited® card. In addition to a spending limit of at least $500, you’ll get 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1.5% back on all other purchases (plus an additional 1.5% cash back on everything, up to $20,000 spent the first year). Plus, there’s a $0 annual fee.
Rewards: 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1.5% back on all other purchases (plus an additional 1.5% cash back on everything, up to $20,000 spent the first year)
WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: Bank of America® Unlimited Cash Rewards Secured Credit Card, Bank of America® Customized Cash Rewards Secured Credit Card, U.S. Bank Altitude® Go Visa® Secured Card, U.S. Bank Cash+® Visa® Secured Card, Harley-Davidson® Secured Credit Card, U.S. Bank Secured Visa® Card, First Tech Federal Credit Union Platinum Secured Mastercard®, Chime Credit Card, OakStone Secured Mastercard® Platinum Credit Card, Navy Federal Credit Union cashRewards Credit Card, and Chase Freedom® Student credit card
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