Are there any no limit credit cards?

No, there aren’t any no limit credit cards. All credit cards have some sort of limit at the end of the day. No credit card gives cardholders unlimited purchasing power. The closest thing to no-limit credit cards are no preset spending limit cards, which are essentially cards with no specified spending capacity. With these cards, issuers will determine your purchasing power on a rolling basis, depending on a number of factors, including your balances and payment history.

The most exclusive no preset spending limit cards are rare and difficult to get ahold of, but they offer some of the best and most extravagant rewards for cardholders. From complimentary personal shoppers to private jet rides, these cards are the best of the best, and come with fees to match.

Here are some of the best No Preset Spending Limit credit cards:

The Centurion® Card from American Express is available by invitation only and has a $5000 annual fee.

The American Express Platinum card gives cardholders and eligible guests access to well over 1,200 airport lounges around the world as part of the American Express Global Lounge Collection. This card has a $695 annual fee.

The Amex Gold card is a premium card that gives bonus rewards on travel, U.S. supermarket and restaurant spending (plus takeout and delivery in the U.S.). This card has a $250 annual fee.

If you’re not invited, or don’t meet the prerequisites to apply for a no preset limit card, there are still plenty of high-limit cards for you to choose from. Also, remember that, even if you can’t get an unlimited spending limit, you can always request a higher credit limit.

I personally have seen a black card with no limit. It was just listed as “revolving credit", and happened to be completely open with no debt. Infact, the gentleman whom owned that particular line of credit, a very wealthy engineer with his own, very large and thriving company, had 6 lines of credit. One from each major name US bank you could think of: Amex, Chase/JPMorgan, Wells Fargo, BofA, CitiBank, and I believe a Capital One. *NOT A SINGLE CARD THAT HE OWNED HAD A CREDIT LINE LESS THEN 250,000!* On top of numerous other several hundred thousand dollar, all the way to multimillion dollar assets. He only even had a few thousand dollars worth of debt on 2 of his cards, 1 car payment and paying on his (I believe third) multimillion dollar house. ??‍♀️ But yes, open lines with no limit DO actually exist. I wouldn't believe it my damn self if it hadn't been his credit report that I was looking at.