Which secured credit card has the highest limit?

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.

Best $500 Limit Credit Cards

Min. Credit Limit: $500

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)

Annual Fee: $0

Min. Credit Required: Good

Min. Credit Limit: $500

Rewards: 2% cash back on every purchase (1% when you buy and 1% as you pay for those purchases)

Annual Fee: $0

Min. Credit Required: Fair