Which credit card has the highest credit limit?

Invitation-only premium credit cards would likely have the highest credit limits compared to those offered to the public. While business credit cards generally have higher limits than personal cards, the Chase Sapphire Preferred card is known for having one of the highest credit limits among personal credit cards.

Is $10,000 a high credit limit?

Yes, $10,000 is considered a high credit limit. You will normally need to have excellent credit to qualify for a $10,000 credit limit, or greater, however.

Does a high credit limit hurt my credit score?

Having a high limit does not hurt your credit score if it is not over utilized. Your percentage of credit utilization, determined by the amount of credit you use compared to the amount of credit you have available, can hurt your credit score if the percentage is high. The contrary is also true. If you pay off your statements each period and keep your percentage of utilization low, it can improve your credit score.

Are there high-limit credit cards for bad credit?

If you have bad credit or no credit, you can rebuild (or build) your credit history with a secured card. Secured cards frequently grant a credit limit equal to the amount of your security deposit held by the credit card issuer. While secured cards normally have lower credit limits than non-secured cards, it is possible to find cards that offer credit limits of up to $10,000.

The 9 Best High Limit Credit Cards [March 2023]

If you really need unlimited credit, you’ll have to wait for your invitation to arrive. Cards like the Centurion® Card from American Express (also known as the Black Card), the J.P. Morgan Reserve Card, and the Citi Chairman® American Express® Card that offer ultra-high discretionary credit limits are not available to the public but to 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, a good credit score, and little debt, chances are you can get all the credit you need, and more.

For those who do require, or desire, a high credit limit, you’ll find a nice selection of cards from which to select.

And that is the topic on our agenda today. We’ll discuss some of the best credit cards that offer the possibility of higher-than-average credit limits.

Table of contents

Credit Cards With the Highest Credit Limits — Overview

Card	Welcome Offer and Annual Fee	Benefits
Chase Sapphire Preferred® Card	Earn 60,000 points after you spend $4,000 on purchases in the first 3 months. Annual fee of $95	5x points per $1 on all travel booked via the Chase Ultimate Rewards portal 5x points on Peloton equipment and accessory purchases over $250 (through March 31, 2025) 5x points on Lyft (through March 31, 2025) 3x points per $1 on dining purchases, online grocery purchases, and select streaming services 2x points per $1 on all other travel worldwide $50 annual credit on hotel stays booked through the Chase Ultimate Rewards portal Quarterly $15 credit towards Instacart orders 10% annual bonus points
Chase Sapphire Reserve®	Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months. Annual fee of $550	10x points on car rentals, hotels, and dining booked via Chase Ultimate Rewards 10x points on Peloton equipment and accessory purchases over $250 (through March 31, 2025) 10x points on Lyft (through March 31, 2025) 5x points on airfare booked via Chase Ultimate Rewards 3x points on all other travel and dining purchases Up to $300 annual travel credit Priority Pass airport lounge access
Capital One Venture Rewards Credit Card	Earn 75,000 miles when you spend $4,000 on purchases in the first 3 months. Annual fee of $95	5x miles on hotels and rental cars booked through Capital One Travel 2x miles on all other purchases 2 complimentary visits to a Capital One Lounge or Plaza Premium Lounge each year
Ink Business Preferred® Credit Card	Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months. Annual fee of $95	3x Ultimate Rewards points per $1 on up to $150,000 in combined purchases on internet, cable and phone services, shipping expenses, travel, and ads purchased with search engines or social media sites
The Business Platinum Card® from American Express	Earn 120,000 points after you spend $15,000 on purchases in the first 3 months. $695 (rates and fees)	5x Membership Rewards® points on flights and prepaid hotels on amextravel.com 1.5x points on eligible purchases at US construction material & hardware suppliers, electronic goods retailers and software & cloud system providers, and shipping providers, as well as on purchases of $5,000 or more everywhere else, on up to $2 million of these purchases per calendar year. 1x points for each dollar you spend on eligible purchases. Up to $200 Airline Fee Credit Up to $189 CLEAR® Credit Up to $100 Global Entry or up to $85 TSA PreCheck application fee statement credit 35% airline bonus when using Pay With Points (up to 1,000,000 bonus points per calendar year) Access to over 1,400 worldwide airport lounges as part of the American Express Global Lounge Collection Statement credits on select purchases with your card
Chase Freedom Unlimited®	INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) – worth up to $300 cash back! Annual fee of $0	5% cash-back on travel purchased through Chase Ultimate Rewards 3% cash-back on dining and drugstore purchases 1.5% cash-back on all other purchases 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 19.49% – 28.24%
Wells Fargo Secured Credit Card (no longer open to new applicants)	No welcome offer $300 minimum security deposit Annual fee of $25	Helps build or repair credit Flexible credit limit, up to $10,000
UNITY Visa® Secured Credit Card	No welcome offer $250 minimum security deposit Annual fee of $39	Bad credit accepted Reports to 3 major credit bureaus
Citi® Secured Mastercard®	No welcome offer No annual fee $200 minimum security deposit	Reports to the 3 leading credit bureaus Mastercard benefits

How Does a Credit Limit Work

A credit limit is a term used to describe 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. The amount of the credit limit 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, activity history with that issuer, and more.

The definition of 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.

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.

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 to 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 than 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.

Best High Limit Credit Cards for Good to Excellent Credit

Chase Sapphire Preferred® Card

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

We like the Chase Sapphire Preferred card for its generous welcome bonus, 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.

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 credit limit for this premium travel rewards card, it is reasonable to expect that the 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 economic reasons to consider the card.

Capital One Venture Rewards Card

You’ll need good to excellent credit to be approved for the Venture card but you can expect to receive a credit limit of at least $5,000.

With its simplistic earning feature and 2 miles earned for every dollar spent on the card, the Venture card won’t have you wasting your time managing a complicated earning structure. Additionally, miles can be redeemed to wipe out previous travel purchases or transferred to Capital One’s airline and hotel partners.

Cards Without Specified Limits

The terms credit cards and charge cards are used interchangeably, but the 2 are quite different products. While credit cards are issued with a specified limit of credit dictated by the issuer, charge cards do not publish a preset spending limit.

This does not mean that there is no credit limit, it means that the issuer has determined your ability to pay is strong enough to warrant a flexible limit which can be evaluated as you gain positive experience with that issuer.

Another attribute of a charge card is that the balance must be paid off each month. You will generally need excellent credit and sufficient income to be approved for a charge card.

Best Business Cards With High Limits or No Specified Limits

Ink Business Preferred® Credit Card

The fact that the Ink Business Preferred card has 3x earnings on the first $150,000 spent each year on select business categories tells you it sits towards the top of the list of cards offering a high credit limit.

Earning is easy with common business purchases such as shipping, social media and search engine advertising, cable, internet, and phone, and travel purchases all earning 3x points. Ultimate Rewards points have flexible redemption options as well including 25% more value via the Ultimate Rewards travel portal and the ability to transfer points to Chase’s travel partners for even greater value.

The Business Platinum Card® from American Express

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

Hot Tip: Check to see if you’re eligible for a huge welcome bonus offer of up to 150,000 points with the Amex Business Platinum card! (The current public offer is 120,000 points.)

The card excels with premium travel benefits such as worldwide airport lounge access that includes Centurion lounges, statement credits for specific purchases, and hotel and car rental elite status.

Hot Tip: Comparing features and benefits are 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 vs The Chase Ink Business Preferred that can assist you in determining which card might be the better fit.

Best High Limit Credit Card With No Annual Fee

Chase Freedom Unlimited®

It’s hard to believe, but true, that the no-annual-fee Freedom Unlimited card can come with a high credit limit. Evidence shows that the card been issued with as much as a $20,000 credit limit.

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 non-secured cards.

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

Wells Fargo Secured Credit Card

The Wells Fargo Secured card grants an equal amount of credit based on the amount of the security deposit. You can deposit up to $10,000 and receive a credit limit of the same amount.

UNITY Visa® Secured Credit Card

The Unity Visa Secured card also 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 Mastercard 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, to utilize the card immediately you’ll need access to your credit card number and associated information.

The best credit cards for instant approval and immediate access to your credit card number would be 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.

Requesting Higher Limits on Existing Cards

You may be able to obtain a higher credit limit by requesting an increase on a 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 on Chase-issued cards.

Final Thoughts

There are plenty of positives of having high credit limits, but of course, there could be downsides. The temptation to spend more than is prudent or to not pay 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 more debt.

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

The information regarding the Citi® Secured Mastercard®, Centurion® Card from American Express, J.P. Morgan Reserve Card, Citi Chairman® American Express®, Wells Fargo Secured Credit Card, and UNITY Visa® Secured Credit Card was independently collected by Upgraded Points and not provided nor reviewed by the issuer.

For rates and fees of The Business Platinum Card® from American Express, click here.