The Best Credit Cards with High Limits in April 2024

If you need unlimited credit, you’ll have to wait for your invitation to arrive. Cards such as the Centurion^® Card from American Express (also known as the Black card) offer ultra-high discretionary credit limits. However, these cards aren’t available to the public, only those chosen specifically by the card issuer.

For most of us, having a credit card that offers unlimited spending isn’t necessary. With a steady income and a good credit score, chances are you can get all the credit you need and more.

Those who require, or desire, a high credit limit, will find a nice selection of cards to select from.

And that is the topic on our agenda today. We’ll discuss a variety of best credit cards that offer some of the highest limits.

The 13 Best High-limit Credit Cards — Overview

Card	Welcome Offer	Annual Fee
The Platinum Card® from American Express	Earn 80,000 points after spending $8,000 on purchases in the first 6 months.	Annual fee of $695 (rates & fees)
American Express® Gold Card	Earn 60,000 points when you spend $6,000 on purchases in the first 6 months.	Annual fee of $250 (rates & fees)
Chase Sapphire Preferred® Card	Earn 60,000 points after spending $4,000 on purchases in the first 3 months.	Annual fee of $95
Chase Sapphire Reserve®	Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months.	Annual fee of $550
Capital One Venture X Rewards Credit Card	Earn 75,000 miles when you spend $4,000 on purchases in the first 3 months.	Annual fee of $395 (rates & fees)
The Business Platinum Card® from American Express	Earn 120,000 points after you spend $15,000 on purchases in the first 3 months.	Annual fee of $695 (rates & fees)
The Plum Card® from American Express	No welcome offer available.	Annual fee of $250 (rates & fees)
Capital One Spark Cash Plus Card*	Earn $1,200 cash back once you spend $30,000 in the first 3 months.	Annual fee of $150
Ink Business Preferred® Credit Card	NEW OFFER: Earn 100,000 bonus points after you spend $8,000 on purchases in the first 3 months.	Annual fee of $95
Chase Freedom Unlimited®	Earn an extra 1.5% on everything you buy (on up to $20,000 spent in the first year) — worth up to $300 cash back. That's 6.5% on travel purchased through Chase Travel, 4.5% on dining and drugstores, and 3% on all other purchases.	Annual fee of $0
Ink Business Unlimited® Credit Card	Earn $750 cash back after spending $6,000 in the first 3 months.	Annual fee of $0
UNITY Visa® Secured Credit Card	No welcome offer	$250 minimum security deposit Annual fee of $39
Citi® Secured Mastercard®	No welcome offer	No annual fee $200 minimum security deposit

*(Information collected independently. Not reviewed by Capital One.)

The 3 Best High-limit Credit Cards for Good to Excellent Credit

Chase Sapphire Preferred^® Card (Top Pick)

If your income is sufficient and your credit history strong enough, you could get a credit limit of $100,000 (or more) on the Chase Sapphire Preferred card. One of our favorite travel credit cards, it charges a relatively low annual fee for being such a credit powerhouse.

We like the Chase Sapphire Preferred card for its generous welcome offer, the ability to earn valuable Ultimate Rewards points, and its flexible redemption options that offer great value for your rewards. You’ll also find its collection of travel benefits, such as primary car rental insurance, some of the best out there.

The Chase Sapphire Preferred card earns up to 5x Ultimate Rewards points:

• 5x points on travel purchased through Chase Travel
• 5x points on Lyft through March 31, 2025
• 3x points on dining
• 3x points on online grocery purchases (excluding Target, Walmart, and wholesale clubs)
• 3x points on select streaming services
• 2x points on other travel
• 1x points on other purchases

In addition, every anniversary year you renew, you’ll get a 10% points bonus based on the total dollar amount spent.

The Chase Sapphire Preferred card gets you 25% more value when redeemed for travel through the Chase Travel portal.

This card also offers a $50 Ultimate Rewards hotel credit (when booked through the Chase travel portal), 6 months of complimentary Instacart+ and $15 in quarterly statement credits through July 2024, and at least 1 year of complimentary DoorDash DashPass when you activate by December 31, 2024.

With this card, you’ll also get travel insurance, purchase protection, extended warranty, no foreign transaction fees, and authorized users for no additional annual fees.

Chase Sapphire Reserve^®

The minimum credit limit for the Chase Sapphire Reserve card is $10,000, which is considered a high limit. While there is no published upper credit limit for this premium travel rewards card, it is reasonable to expect that this card, like the Chase Sapphire Preferred card, could also have a top limit exceeding $100,000.

With complimentary Priority Pass Select membership for worldwide lounge access, a $300 statement credit each year for travel purchases, and redemption values worth 50% more on the Chase travel portal, you’ll find plenty of reasons to consider the card.

The Chase Sapphire Reserve card also earns up to 10x points:

• 10x points on hotels and car rentals when you purchase travel through Chase Travel
• 10x points on Lyft through March 31, 2024
• 10x points on Chase Dining purchases
• 5x points on flights through Chase Travel
• 3x points on other dining
• 3x points on other travel
• 1x points on other purchases

Additionally, this card enjoys perks with a handful of partners:

• Complimentary 2-year Lyft Pink All Access membership when you activate by December 31, 2024
• Complimentary DoorDash DashPass subscription for a minimum of 1 year when you activate by December 31, 2024 (plus $5 in DoorDash credits per month)
• Complimentary Instacart+ membership for 1 year plus $15 in statement credits through July 2024 when you activate your Instacart+ membership

Lastly, this card has awesome travel insurance, no foreign transaction fees, purchase protection, extended warranty, and return protection. Cardholders will also receive an application fee statement credit for Global Entry, TSA PreCheck, or NEXUS as often as every 4 years.

Capital One Venture X Rewards Credit Card

It’s recommended to have good to excellent credit to be approved for the Capital One Venture X card but you can expect to receive a credit limit of at least $10,000.

With its simplistic earning structure and at least 2 miles earned for every dollar spent on the card, the Capital One Venture X card won’t have you wasting your time managing how to maximize this card. Additionally, miles can be redeemed as statement credits against travel purchases from the previous 90 days or transferred to Capital One’s airline and hotel partners.

Even better, you can use this card to enjoy access to Capital One Lounges, Plaza Premium Lounges, and Priority Pass lounges. You can also utilize the $300 Capital One Travel credit every year, plus watch your points grow with an anniversary renewal bonus of 10,000 Capital One miles each year.

To add onto this, the Capital One Venture X card has complimentary Hertz President’s Circle status, no foreign transaction fees (rates & fees), superb travel insurance, cell phone insurance, purchase protection, extended warranty, and more.

The 2 Best Cards With No Preset Spending Limits (For Good to Excellent Credit)

In most cases, these featured cards offer much higher spending limits than traditional credit cards. These cards are typically used by the ultra-wealthy or heavy spenders, such as the first card on our list, The Platinum Card^® from American Express.

No preset spending limit means your spending limit is flexible. Unlike a traditional card with a set limit, the amount you can spend adapts based on factors such as your purchase, payment, and credit history.

The Amex Platinum Card (Best “No Preset Spending Limit” Card)

Hot Tip: Check to see if you’re eligible for a welcome bonus offer of up to 125k (or 150k) points with the Amex Platinum. The current public offer is 80,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

The Amex Platinum card, which has no preset spending limit, is possibly the most prestigious card that you can get without needing an invite. Using this card, you can earn up to 5x points on select airfare and hotel purchases and enjoy the best luxury travel benefits out there.

For example, you have access to the American Express Global Lounge Collection, which offers access to more than 1,400 airport lounges around the world. Then, you’ll get complimentary hotel and rental car elite status: Hilton Honors Gold, Marriott Bonvoy Gold Elite, National Executive, Hertz President’s Circle, and Avis Preferred.

It doesn’t stop there — you’ll have access to Amex Fine Hotels & Resorts to get benefits such as free breakfast, property credits, room upgrades, early check-in, late check-out, and more.

You also get a variety of statement credits as a card member (enrollment required):

• Up to $200 in airline fee credits every year
• Up to $200 in prepaid hotel credits every year (Amex Fine Hotels & Resorts and The Hotel Collection)
• Up to $100 in Saks Fifth Avenue credits every year
• Up to $200 in Uber Cash every year
• Up to $300 in Equinox credits every year
• Up to $240 in digital entertainment credits every year
• Up to $189 in CLEAR Plus credits every year
• Up to $100 Global Entry or up to $85 TSA PreCheck application fee statement credit every 5 years

This card also comes with purchase protection, return protection, extended warranty, cell phone protection, top-notch travel insurance, and most importantly for this article, no preset spending limit.

We’ve seen monthly spending limits as high as $500,000 with this 1 card alone, though it’s almost impossible for Amex to give it to you immediately. You may initially be approved for a lower spending limit, but as you build your relationship with Amex, you’ll notice your spending limit can increase year over year.

American Express^® Gold Card

Hot Tip: Check to see if you’re eligible for a welcome bonus offer of up to 90,000 points with the Amex Gold card. The current public offer is 60,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

Another fantastic card that offers no preset spending limit is the Amex Gold card. Even though the Amex Platinum card is considered to be one of the most prestigious, the Amex Gold card is one of the best cards for everyday spending.

That’s because it earns up to 4x points on your purchases on an array of categories:

• 4x points at restaurants worldwide, including takeout and delivery in the U.S.
• 4x points at U.S. supermarkets (up to $25,000 in purchases per calendar year)
• 3x points on flights booked directly with airlines or through AmexTravel.com
• 1x points on other purchases

In addition, you’ll get up to $120 in dining credits every year (up to $10 per month) at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, Milk Bar, and select Shake Shack locations (enrollment required). There’s also an Uber Cash benefit where you can get $10 in Uber Cash every month (up to $120 per year), which can be used for Uber Eats orders or Uber rides in the U.S. Enrollment required.

There’s also access to The Hotel Collection, which gets you a room upgrade (subject to availability) and a $100 property credit per stay.

This card also has no foreign transaction fees (rates & fees), secondary rental car insurance, baggage insurance, and, of course, no preset spending limit.

The 4 Best Business Cards With High Limits or No Specified Limits

The Business Platinum Card^® from American Express

Hot Tip: Check to see if you’re eligible for a huge welcome bonus offer of up to 170,000 points with the Amex Business Platinum. The current public offer is 120,000 points. (This targeted offer was independently researched and may not be available to all applicants.)

If you own a business and manage high cash flow, you’ll want a card that can keep up.

The Amex Business Platinum card excels with premium travel benefits such as worldwide airport lounge access including Centurion Lounges, statement credits for specific purchases, and hotel and car rental elite status.

You’ll earn up to 5x points on purchases:

• 5x points on flights and prepaid hotels booked through AmexTravel.com
• 1.5x points on eligible purchases in key business categories and purchases of $5,000 or more (up to $2 million per calendar year)
• 1x points on other purchases

The Amex Business Platinum card offers over $1,000 in value with a variety of credits, too (enrollment required):

• Up to $400 in Dell credits every year
• Up to $360 in Indeed credits every year
• Up to $150 in Adobe credits every year
• Up to $120 in wireless credits every year

The travel benefits include:

• The best lounge access from a single card with the American Express Global Lounge Collection
• Up to $200 in airline fee credits every year
• Up to $189 CLEAR Plus credit every year
• Up to $100 Global Entry application fee credit every 4 years or up to $85 TSA PreCheck application fee statement credit every 4.5 years
• 35% bonus when redeeming through AmexTravel.com’s Pay With Points (up to 1,000,000 points back per calendar year)
• Access to Fine Hotels & Resorts and The Hotel Collection
• Complimentary hotel and rental car elite status: Hilton Honors Gold, Marriott Bonvoy Gold Elite, National Executive, Hertz President’s Circle, and Avis Preferred
• Superb travel insurance
• No foreign transaction fees (rates & fees)

Of course, this card has no preset spending limit, purchase protection, extended warranty, and much more.

The Plum Card^® from American Express

The Amex Plum card offers business owners the flexibility to pay in full each month or carry a balance for up to 60 days without interest, all in the form of a charge card.

This card has no preset spending limit, and we’ve seen business owners able to charge more than $250,000 per month on this card.

Interestingly, this card allows you to get an unlimited 1.5% Early Pay Discount on eligible charges within 10 days of your statement closing date. You’ll see the discount applied to your next statement when you pay at the least the Minimum Payment Due by the Please Pay By date. If you can’t do that, you can enjoy up to 60 days to pay without interest. Just pay the minimum payment due by the due date.

This card also has no foreign transaction fees (rates & fees), secondary rental car insurance, the Global Assist hotline, purchase protection, and extended warranty.

Capital One Spark Cash Plus Card

The Capital One Spark Cash Plus card offers an unlimited 2% cash-back on all purchases without limits. In addition, it earns 5% cash-back on hotels and rental cars booked through Capital One Travel.

This card has no preset spending limit, and we’ve seen spending limits as high as $1,000,000, though this usually requires additional documentation such as tax returns and profit and loss statements.

Furthermore, you’ll get your $150 annual fee refunded every year you spend at least $150,000.

Ink Business Preferred^® Credit Card

The Ink Business Preferred card earns 3x points on the first $150,000 spent each year on select business categories and it sits towards the top of our list of cards offering a high credit limit.

Earning is easy with common business purchases such as shipping, social media and search engine advertising, and cable, internet, and phone purchases. You’ll also earn 3x points on the broad category of travel purchases.

Ultimate Rewards points have flexible redemption options, including 25% more value via Chase Travel and the ability to transfer points to the Chase travel partners for even greater value.

Also, this card has cell phone protection, purchase protection, extended warranty, and travel insurance, as well as no foreign transaction fees.

Hot Tip:

Comparing features and benefits is important when it comes to selecting a business credit card that’s a match for your operation. We’ve put together a comparison of the Amex Business Platinum card vs. the Ink Business Preferred card that can assist you in determining which card might be the better fit. 

The 2 Best High-limit Credit Cards With No Annual Fee

Chase Freedom Unlimited^®

It may be hard to believe, but the no-annual-fee Freedom Unlimited card can come with a high credit limit. Multiple data points show that the card has been issued with as much as a $20,000 credit limit.

It earns up to 5% cash-back:

• 5% cash-back on travel purchased through Chase Travel
• 5% cash-back on Lyft through March 31, 2025
• 3% cash-back on dining
• 3% cash-back on drugstore purchases
• 1.5% cash-back on other purchases

There’s a complimentary 3-month DoorDash DashPass membership (activate by December 31, 2024). In addition, you’ll get a complimentary 3-month Instacart+ membership and $10 in statement credits each quarter through July 31, 2024, when you enroll in Instacart+.

This card includes secondary rental car insurance, purchase protection, extended warranty, trip cancellation and interruption insurance, and no additional annual fees for authorized users.

Ink Business Unlimited^® Credit Card

Another superb credit card with high limits and no annual fee is the Ink Business Unlimited card, which is issued by Chase. Although it’s generally not possible to get 6-figure credit limits from this card upon approval, you can certainly work your way up to it.

For example, if you’re initially approved for $40,000 and you pay off your card in full every month, you can request credit limit increases as your business grows. You’ll typically be asked to submit tax returns and other additional documentation once you cross the $150,000 credit limit threshold.

This credit card earns as follows:

• 5% cash-back on travel purchased through Chase Travel
• 1.5% cash-back on other purchases

A promotion of 0% intro APR on purchases for 12 months; variable 18.49% - 24.49% thereafter, is also available. You can add employee cards for no additional annual fees, too.

With this card, you’ll have benefits including primary rental car insurance, purchase protection, extended warranty, and zero liability fraud protection.

The 2 Best High-limit Credit Cards for No Credit or Bad Credit

If you’re looking to build or rebuild your credit and have cash on hand, a secured card that grants a high credit limit equal to the amount of your security deposit could be a viable option.

Note that credit limits for secured cards are normally much less than for non-secured cards.

Here are a few examples of credit cards that offer the possibility of a high credit limit.

UNITY Visa^® Secured Credit Card

The Unity Secured card matches up to $10,000 in security deposits with equal credit limits. The card issuer accepts no credit or bad credit and reports to all 3 credit bureaus.

Citi^® Secured Mastercard^®

With no annual fee and a maximum credit limit of up to $2,500, the Citi Secured card could benefit those who need to establish good credit. The minimum security deposit is $200 and the credit limit will be equal to the amount of the deposit.

Bottom Line:

If you have no credit or poor credit, a secured credit card may be an option for building (or rebuilding) your credit. You’ll need to provide a security deposit but you can start small and work your way to good credit. For more details on secured credit cards, you’ll want to access our article with more detailed information.

Instant-approval Credit Cards With High Limits

While any credit card can be approved in as little as a minute after submitting your application, you’ll need your credit card and associated information to utilize the card immediately.

The best credit cards for instant approval and immediate access to your credit card number are those issued by American Express. While instant approval is not guaranteed, if you are instantly approved, you’ll have immediate access to your card information.

If having immediate access to your card information is important to you, you’ll want to check out our article on credit cards that you can use today.

How Does a Credit Limit Work?

A credit limit is the maximum balance you are allowed to have on a credit card, as dictated by the card issuer.

Credit card issuers determine a specific credit limit for each card issued to an applicant. Your credit limit amount is based on several factors, including income, credit history, debt-to-income ratio, whether the card is a business or personal card, the amount of credit a person already has with the issuer, credit utilization percentages, and activity history with that issuer.

Based on the product offerings of the credit card issuer, some cards are also issued without preset credit limits and offer more discretionary spending for those cardholders who meet specific card issuer requirements.

We’ll include both types of cards in our discussion.

What Happens If You Go Over Your Credit Limit?

If you try to make a purchase that takes you over your credit limit, that transaction is likely to be declined by your credit issuer. A credit limit is a pre-set transaction limit that your issuer has allowed you to charge up to in a single billing period, so it should not be feasible for you to spend past that limit.

How Is a Credit Card Limit Decided?

The most important factors that determine your credit limit are your credit score and your income. Regarding your credit score, the credit issuer will not only be interested in your overall score but also your payment history, length of credit history, and more.

As for your income, a credit issuer will only issue you a credit limit that they deem that you could reasonably repay based on your income. For instance, if you list your income at $50,000, it is unlikely that you would be issued a credit limit of $30,000, whereas a credit limit of $5,000 would be much more reasonable.

Lastly, credit issuers will also take into account the amount of credit they have already extended to you. Even if you have a high income and strong credit score, you might still find yourself denied when applying for a new card or approved but given a relatively small credit limit if an issuer has already extended a large amount of credit to you across other cards.

What Is Considered a High Credit Card Limit?

What constitutes a high credit limit on a credit card is subjective, but a limit of $5,000 for good credit and $10,000 for excellent credit seem to be frequently cited as acceptable definitions.

High-limit Credit Card Eligibility

To be approved for a high limit credit card you’ll likely need at least a few years of solid credit history, a high credit score, and an income that could reasonably repay any potential charges on a high-limit credit card.

Am I Eligible to Get a High-limit Credit Card?

While there is no set standard to ensure that you’ll be approved for a high limit credit card, there are some methods that allow you to check if you are eligible. For instance, American Express offers a tool on its website that allows you to check if you are pre-qualified for any of their card offerings.

All you’ll need to do is provide some basic information to confirm your identity and enter the last 4 digits of your Social Security number. This will allow American Express to conduct a soft pull on your credit report and instantly create personalized offers just for you. Just keep in mind that being pre-qualified does not guarantee that you’ll be approved for the card.

Similarly, you could use a tool like CardMatch which allows you to see what pre-qualified offers you’ve been matched with from multiple banks.

What Credit Score Is Needed to Get a High-limit Credit Card?

There is no set credit score that will guarantee that you will be approved for a high-limit credit card, as there are many other factors taken into account. These include your income, years of credit history, and the amount of credit that has already been extended to you. That said, assuming all other factors are in order, those with a credit score of 700 or higher should have reasonably good approval odds for a high-limit credit card.

The Benefits of a High Credit Limit

There are several reasons a high credit limit might be desirable. Let’s look at a few situations where it could be useful.

Running a Business With Seasonal Cash Flow

Having access to credit to pay your bills, invest in needed equipment, or hire extra help could be crucial to keeping a business operational when cash flow is low.

Running a Household With Variable Cash Flow

If your income is higher in some months compared to others, having access to credit can help balance the household cash flow.

A Higher Credit Limit Can Benefit Your Credit Score

One factor that contributes to how your credit score is calculated is your percentage of credit utilization. In other words, how much credit you have used compared to the total amount available. The lower the percentage, the better. Having a high credit limit and using just a small percentage can help boost your credit score.

Access to Credit in Case of Emergency

There’s certainly peace of mind knowing that if you had an emergency, you’d have access to enough credit to handle the unexpected expense.

Bottom Line:

Credit limits that dictate the maximum amount you can spend on a credit card are assigned by the card issuer at the time of approval. A high credit limit can help you manage erratic cash flow, reduce your percentage of credit utilization, and provide access to credit in an emergency. 

Requesting Higher Limits on Existing Cards

You may be able to obtain a higher credit limit by requesting an increase on your current credit card. Note that credit card issuers may access your credit report and do a hard credit inquiry before granting an increase, so use this option sparingly.

Credit increases can also happen without a request as you build a positive credit history with the issuer.

For more information on this topic, access our articles on requesting increases on American Express cards and Chase-issued cards.

How We Selected the Best High -limit Credit Cards — Methodology

At Upgraded Points, we evaluate the best high-limit credit cards based on the amount of value the card can offer to cardholders. Our evaluation process analyzes each card based on important factors including its benefits, earnings structure, welcome bonus, redemption value/rewards program, fees, and more.

Here is some insight into our thought process when selecting the best high-limit credit cards:

Earnings Structure

Given that most high-limit credit cards tend to be travel rewards credit cards, the amount of points, miles, or cash-back it can earn you on your everyday purchases is very important.

Redemption Value

Earning rewards is great, but being able to redeem them at a high value is even better. This is why we prioritize cards that offer flexible redemption options, access to transfer partners, and more on our list of the best high-limit credit cards.

Associated Benefits

Many high-limit credit cards come loaded up with benefits, so it is important to consider which benefits off the most value to consumers. These benefits can include things like travel credits, airport lounge access, elite status, priority security screening, and more.

Welcome Bonus Offers

The welcome bonus offer on a credit card can be a great way to boost your point earning rapidly. Given that the best credit card welcome offers can be quite lucrative, they are a factor in how we evaluate cards.

Fees

Most high-limit credit cards have fees, so take these into account as well. Many will charge an annual fee for holding the card, so make sure you’re getting enough value from the card each year to justify it.

Hot Tip:

While the most desired benefits and features of a card will vary by person, our holistic approach gives readers the full picture of what they can expect from every card we review. To learn more about how we review cards, read through our methodology page.

Final Thoughts

There are plenty of positives to having high credit limits, but of course, there could be downsides. The temptation to spend more than is prudent or to avoid paying off your statement each month could result in paying high interest charges.

Also, if high credit limits are not managed wisely, it could be possible to easily accumulate a lot of debt.

However, for those who have earned the privilege of receiving high credit limits, there are many benefits. These include being able to make large credit card purchases, having access to emergency funds, having a useful tool for managing credit utilization, and having the capital to level out cash flow.

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For Capital One products listed on this page, some of the above benefits are provided by Visa^® or Mastercard^® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

Enrollment required through Capital One website or mobile app. Upon enrollment, eligible cardholders will remain at upgraded status level through December 31, 2024.  Please note, enrolling through the normal Hertz Gold Plus Rewards enrollment process (e.g. at Hertz.com) will not automatically detect a cardholder as being eligible for the program and cardholders will not be automatically upgraded to the applicable status tier.  Additional terms apply.