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U R @: Education Center : Understanding the Fine Print : Credit Cards that Offer High Credit Limits
CREDIT CARDS THAT OFFER HIGH CREDIT LIMITS
Getting a high limit on a credit card is contingent on a number of factors. Specifically, credit scores, credit histories, and your current debt levels all play a role. Ultimately, however, the methods credit card companies use to determine credit limits are kept under wraps and vary from company to company. No credit card company will provide as much as an estimate of your potential credit limit until you have completed and submitted an application. Additionally, many credit card companies have sharply reduced initial credit limits due to the credit crunch.
To insure you get the credit limit you desire, you may want to apply for multiple offers from different companies and accept the one that provides you the best credit limit or interest rate. Additionally, if you do not get a high enough limit on one card, you may get a combined credit limit that meets your needs.
High Limit Credit Card Offers
CITI® PLATINUM SELECT CARD - BEST HIGH LIMIT CREDIT CARD |
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- Highest recent approval rate
- Offers credit limits that may be as high as $10,000 or more, based on a number of factors, including your credit history, score, and internal metrics
- 0% APR on balance transfers and purchases for up to 12 months*
- Editor's Note: Citi is one of the first credit card companies to use clear language and fairer credit card terms. On the application for this card, Citi states that they will NOT RAISE your interest rate until your card expires, typically two years, unless you trigger default by going over the limit or paying late.
- No annual fee
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Intro on Purchases
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Intro APR Period
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Regular APR
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Annual Fee
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Transfers |
Credit Needed
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0% *
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6-12 Mos. *
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Low as 11.99% *
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None *
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Yes
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Good
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DISCOVER® OPEN ROAD SM CARD - UP TO $25,000 LIMIT |
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- Excellent credit required for approval
- Although credit limits of up to $25,000 are available, initial credit limits are often significantly lower
- 0% Intro APR for 6 months on Purchases and Balance Transfers
- Save at the pump and everywhere else.*
- 5% Cashback Bonus® on gas and auto maintenance purchases
- Double Cashback Bonus® on grocery store purchases in November and December*
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Intro on Purchases
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Intro APR Period
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Regular APR
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Annual Fee
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Transfers |
Credit Needed
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0% *
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6 Months *
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11.99% *
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None *
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Yes
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Excellent
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View More High Limit Credit Card Offers
Charge Cards with No Pre Set Spending Limits
AMERICAN EXPRESS® PREFERRED REWARDS GOLD CARD |
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Intro on Purchases
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Intro APR Period
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Regular APR
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Annual Fee
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Transfers |
Credit Needed
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N/A
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N/A
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N/A *
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$125 *
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No
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Excellent
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PLATINUM CARD® FROM AMERICAN EXPRESS |
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- Earn 25,000 Membership Rewards® bonus points when you spend $1,000 in 3 months - Redeemable for one round-trip domestic airline ticket!
- No Pre-set Spending Limit
- 24-hour access to Concierge service for the finest experiences in dining, entertainment, and luxury
- Fine Hotels & Resorts Program — exclusive amenities at boutique, resort, and luxury hotels around the world
- By Invitation Only® Events — access to exclusive, once-in-a-lifetime events
- The Membership Rewards First® program - Enjoy exclusive access to rewards and experiences featuring luxury retail, lifestyle, and world-class travel
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Intro on Purchases
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Intro APR Period
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Regular APR
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Annual Fee
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Transfers |
Credit Needed
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N/A
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N/A
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N/A *
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$450 *
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Yes
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Excellent
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Editor's Note: To verify which credit cards offered high limits, customer service reps were contacted at a number of credit card companies. At each company, the customer service reps emphasized the fact that the size of credit limits granted could vary dramatically based on a review of the applicants credit history.
Read more related articles: Understanding the Fine Print |
