Credit cards with the highest credit limits

The best high limit credit cards give $10,000+ credit limits to applicants with excellent credit.

That said, credit card issuers determine spending limits individually based upon each applicant’s income and creditworthiness. If you have limited or bad credit, don’t expect even a $5,000 credit limit right away. For consumers with excellent credit, here are some of the best credit cards with high limits available now.

Best high limit credit cards

In general, the following credit cards have a reputation for offering high credit limits.

• Lowest annual fee: Chase Sapphire Preferred® Card
• Best value: Capital One Venture X Rewards Credit Card
• Highest credit limit: Chase Sapphire Reserve®
• No pre-set limit: American Express® Gold Card and The Platinum Card® from American Express

Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card

Information about the Chase Sapphire Preferred® Card has been collected independently by Money Under 30. Please confirm terms on the card issuer's website. Offer details verified on Aug. 17, 2024.

Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.

Rewards

Earn 5X on travel purchased through Chase Travel℠; 3X on dining, select streaming services and online groceries; 2X on all other travel purchases; 1X on all other purchases.

Annual Fee

$95 annual fee.

Our Thoughts

A premium travel rewards credit card with a reasonable annual fee that offers a generous sign-up bonus offer for new cardmembers. The valuable travel benefits, perks and protections make sense for just about any level of traveler, but those who utilize Chase Travel℠ or transfer points to Chase’s travel partners will be able to maximize value.

The Chase Sapphire Preferred® Card is high limit credit card that also wins lots of accolades for its premier rewards program. The minimum credit limit starts around $5,000, but the higher your income and credit score, the higher your limit will be.

It’s also easy to justify paying the $95 annual fee after reviewing the long list of benefits that come with this popular travel credit card:

• Sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 when you redeem through Chase Travel℠.
• Great rewards rate: Earn 5x points on travel booked through Chase Travel℠, 3x points on dining, online grocery store purchases, and select streaming services, 2x points on all other travel, and 1x point on everything else.
• Up to $50 annual hotel credit: For hotel reservations made through Chase Travel℠, you’ll receive a statement credit of up to $50.
• Other benefits: No foreign transaction fee, trip cancellation and interruption insurance, primary rental car insurance, baggage delay insurance, trip delay reimbursement, and more.

Your purchases are also covered with purchase protection and extended warranty benefits thanks to the Visa Signature program, making this an all-around great pick for a credit card with a high limit.

» MORE: Read our Chase Sapphire Preferred® Card review

Capital One Venture X Rewards Credit Card

Capital One Venture X Rewards Credit Card

Information about the Capital One Venture X Rewards Credit Card has been collected independently by Money Under 30. Please confirm terms on the card issuer's website. Offer details verified on Apr. 28, 2024.

Welcome Offer

Earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening.

Rewards

Earn 10 Miles per dollar on hotels and rental cars booked through Capital One Travel; 5 Miles per dollar on flights booked through Capital One Travel; unlimited 2 Miles per dollar on all other purchases.

Annual Fee

$395 annual fee.

Our Thoughts

A premium travel credit card option that's a step up from the Venture Rewards. For those fine with Capital One Travel, the airport lounge access, annual credit, anniversary bonus miles and travel-friendly perks can make this card worth the high annual fee. Just be sure to maximize all it has to offer.

The Capital One Venture X Rewards Credit Card is one of the newest premium travel cards on the market, and it boasts luxury travel perks for a lesser annual fee than the Chase Sapphire Reserve or Amex Platinum cards. Although Capital One is not known for giving high credit limits right away, the Venture X card is an exception, as is the Venture Card, a great option for anyone lookihg for a high limit travel card but not wanting to pay several hundred dollars a year.

• Sign-up bonus: Earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening.
• Up to $300 annual travel credit: Provided as a statement credit toward travel bookings made through the Capital One Travel portal.
• Valuable rewards rate: Earn 10x miles on hotels and car rentals booked through the Capital One Travel portal, 5x miles on flights booked through the Capital One Travel portal, and 2x miles on all other purchases.
• Airport lounge access: You and two guests can visit the Capital One and 1,300+ Priority Pass lounges worldwide.
• Global Entry or TSA PreCheck® credit: Receive up to $100 in statement credit toward your application.
• Other benefits: 10,000 anniversary bonus miles, Hertz President’s Circle car rental elite status*,  no foreign transaction fees, cellphone protection, return protection, extended warranty, and more.

To sum it up, the Capital One Venture X Rewards Credit Card is seriously worth considering if you travel often and want to make the most of these purchases.

» MORE: Read our Capital One Venture X Rewards Credit Card review

Chase Sapphire Reserve®

Chase Sapphire Reserve®

Information about the Chase Sapphire Reserve® has been collected independently by Money Under 30. Please confirm terms on the card issuer's website. Offer details verified on Aug. 17, 2024.

Welcome Offer

Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.

Rewards

Earn 10x total points on hotels and car rentals when you purchase travel through Chase Travel℠; 5x total points on flights through Chase Travel℠; 3X points on other travel and dining; 1 point per $1 spent on all other purchases. Rewards on travel after the $300 is spent on travel purchases annually.

Annual Fee

$550 annual fee.

Our Thoughts

Flexible rewards and premium travel perks, like airport lounge access and powerful travel protections, make this a top option for travelers who will maximize the benefits. Occasional travelers may want to consider a less premium alternative given the high annual fee.

If you can afford the annual fee, the Chase Sapphire Reserve® is probably the best high limit credit card on our list. It’s a Visa Infinite card — which is much rarer than the Visa Signature program — meaning that cardholders can expect higher credit limits (think $10,000 and up.) I’ve seen evidence of a $50,000 credit limit on this card, and I suspect the limits go even higher for the right people

There’s a $550 annual fee, but frequent travelers will want to add this card to their wallet for a multitude of reasons:

• Sign-up bonus: Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase Travel℠.
• Up to $300 annual travel credit: Automatically applies as a statement credit for up to $300 on all travel-related purchases on your card.
• Solid rewards rate: Earn 10x points on hotels and car rentals booked through Chase Travel℠, 5x points on flights booked through Chase Travel℠, 3x points on other travel and dining purchases, and 1x point on everything else.
• Global Entry, TSA PreCheck®, or Nexus credit: Receive reimbursement as a statement credit when you apply for any of these trusted traveler programs, once every four years.
• Complimentary airport lounge access: Visit 1,300+ airport lounges worldwide, for you and up to two guests.
• Other benefits: No foreign transaction fees, trip cancellation and interruption insurance, primary rental car insurance, baggage delay insurance, trip delay reimbursement, purchase protection, and more.

The Chase Sapphire Reserve® offers higher limits on trip cancellation and interruption insurance and primary rental car insurance, making this a stellar card for high spenders.

» MORE: Read our Chase Sapphire Reserve® review

American Express® Gold Card

American Express® Gold Card

All information about The AMEX Gold Card has been collected independently by MoneyUnder30.com. Content has not been reviewed or approved by the issuer.

Welcome Offer

Earn 60,000 Membership Rewards points after you spend $4,000 on purchases on your new card in your first six months of card membership.

Rewards

Earn 4X Membership Rewards points for purchases at restaurants worldwide; 4X Membership Rewards points for groceries at U.S. supermarkets (up to $25k in purchases); 3X points on flights booked directly with airlines or on amextravel.com; and 1X point per $1 spent on eligible purchases elsewhere.

Annual Fee

$250

Our Thoughts

High rewards potential on everyday purchases and travel purchases make the Gold Card a well-rounded offer for anyone.

Offer details accurate as of 9/6/23

The American Express® Gold Card is among the few cards offered with the benefit of no pre-set spending limit. But “no pre-set spending limit” does not mean no limit. It simply means that Amex will approve or decline each transaction in real-time rather than holding you to an arbitrary pre-defined limit. American Express offers cardholders a “Check Spending Power tool” that you can use before making a large purchase, to find out in advance whether or not the issuer will approve the charge.

While the $250 annual fee seems expensive at first, the Amex Gold comes with a suite of perks to offset this cost every year:

• Sign-up bonus: Earn 60,000 bonus points after you spend $4,000 or more in the first six months of account opening.
• Exceptional rewards rate: Earn 4x points at U.S. supermarkets (on up to the first $25,000 spent annually) and restaurants worldwide, 3x points on flights booked directly with airlines or through amextravel.com and 1x point on all other eligible purchases.
• Up to $120 annual Uber Cash credit: Get up to $10 in Uber Cash credit every month that you can put toward UberEats orders or Uber rides in the U.S.
• Up to $120 annual dining credit: Get up to $10 in statement credits toward participating dining partners such as Grubhub, Seamless, The Cheesecake Factory, Ruth’s Chris Steak House, Boxed, and participating Shake Shack locations.
• Other benefits: No foreign transaction fees, secondary car rental insurance, and more.

If you’re able to use up those annual statement credits, your out-of-pocket annual fee comes down to just $10. Not to mention, with any large purchases you put on the card, you can be protected with extended warranty and purchase protection benefits.

The Platinum Card® from American Express

The Platinum Card® from American Express has one of the highest annual fees at $695, but it also comes packed with travel credits and benefits galore. Given that this card is geared toward high-earning travelers, it offers generous spending power with no set credit limit.

The Platinum Card® from American Express

All information about The Platinum Card from American Express has been collected independently by MoneyUnder30.com. Content has not been reviewed or approved by the issuer.

Welcome Offer

Earn 80,000 Membership Rewards points after you spend $8,000 on purchases on your new card in your first six months of card membership.

Rewards

Earn 5X Membership Rewards points for every $1 spent on flights booked directly with airlines or through American Express Travel (up to $500,000 spent on these purchases per calendar year); 5X points on prepaid hotels booked on amextravel.com; and one point per $1 spent on eligible purchases elsewhere.

Annual Fee

$695

Our Thoughts

World-class luxury travel perks that make the high annual fee well worth it if you can take advantage.

Offer details accurate as of 9/6/23

• Annual fee: $695
• Welcome bonus: Earn 80,000 Membership Rewards® points after spending $8,000 within the first six months
• Rewards: 5x points on flights booked direct with airlines; 5x points on prepaid hotels booked directly with amextravel.com; 1x point on all other purchases
• Travel benefits: $300 annual Equinox credit (issued monthly); $200 annual credit on prepaid hotels booked through Amex Travel; $200 in annual Uber Cash (distributed monthly); $200 annual airline fee credit; $155 Walmart+ credit; $20 monthly digital entertainment credit; access to the Amex Global Lounge Collection; $189 CLEAR credit; Global Entry/TSA PreCheck® credit every five years; $100 Saks credit issued semi-annually; Hilton and Marriott Gold status; access to Amex Fine Hotels & Resorts; premium car rental status; no foreign transaction fees
• Travel insurance: Primary rental car coverage; trip delay insurance (up to $500 per trip); trip cancellation & interruption insurance (up to $10,000 per trip)

How are credit limits determined?

When determining your credit line, the primary factors credit card issuers look at are: Your creditworthiness, annual income, and credit utilization ratio — the amount of available credit you’re currently using.

A credit card may have a minimum limit that most issuers will adjust upward depending on each applicant’s credit report. Other factors they will examine might include:

1. Your credit history. Especially, how many consecutive on time payments you’ve made.
2. Your debt. How much of your total credit limit are you using? Have you used a balance transfer card recently to move debt around?
3. Your income. The higher your income, the better your chance of snagging a high
4. Your relationship with the bank. Issuers are more likely to give you a credit line increase after you’ve been a customer with the same issuer for many years.

When it comes to getting a high limit credit card, a high income, low debt level, and a history of making on time payments are key.

How do you get a credit limit increase on your existing credit cards?

If you have excellent credit, you can request a credit line increase by phone or through your card issuer’s website.

Most issuers will ask for you to provide your most recent annual income before considering your increase request. If your request is not approved immediately, the bank may ask to see evidence of your income, such as a paystub, W2, or tax return.

If your request for a limit increase is declined, you’ll likely have to work on reducing your credit card debt. Use a balance transfer credit card to pay off card balances faster. Or consolidate debt with a personal loan.

The pros and cons of high limit credit cards

Carrying one or more high limit credit cards means that you can spend $10,000, $20,000 or more on a moment’s notice. In certain situations, this can be helpful or even necessary. For example, if you’re paying the caterer of a wedding or work event. Or you need to buy an emergency international plane ticket and the only seats left are in first class.

Unfortunately, having access to a high limit credit card can also be dangerous if you can’t resist the temptation to spend money you don’t have.

The interest rates on high limit credit cards are no lower than other credit cards. In fact, the APRs on rewards credit cards are often higher.

What is a typical credit limit for a new credit card?

Every card issuer has a minimum credit limit for each card in their portfolio. If you don’t qualify for the minimum credit limit, the issuer will decline your application.

Your exact credit limit will depend on both the product you apply for and, as mentioned, your credit history and income.

In 2024, the average initial credit card limit for consumers with very good credit is around $5,000. For consumers with average credit, your credit limit may be closer to $1,000 to $2,500. And for consumers with bad or limited credit, your minimum limit may be as low as $200 to $500.

Here’s teh good news. The lower your limit, the more likely you will be able to request a credit limit increase after six month or a year of card membership and a good payment history. Many issuers will even automatically increase your credit line so many months after you open a new account.

What’s a typical higher credit limit for someone with an excellent credit score?

The best high limit cards will give creditworthy a minimum credit line of $10,000 and, often, an even higher credit limit of $20,000 or more.

Getting high limit credit cards is dependent on having the income to support the big credit line. Credit card issuers will not give you a credit line that’s greater than your annual income. And they will look at your total available credit from all credit cards and any existing credit card debt. Both could lessen your chances of getting a higher limit, at least at account opening.

Are there high limit balance transfer credit cards?

Balance transfers are a useful way to save money on interest as you pay down credit card debt. Card issuers will extend a low — often 0% — introductory interest rate for a year or more that will apply to any debt you transfer to the new card from existing credit cards. You will have to pay a balance transfer fee — a percentage of the balance transferred — but it’s must cheaper than continuing to pay double-digital interest rates.

Unfortunately, when you apply for a balance transfer credit card, you don’t know what your initial credit line is going to be. It’s very possible that you will get an initial credit limit that’s lower than your existing credit card debt. That that case you can transfer balances to your new card, but not all of them.

Other frequently asked questions (FAQs) about high limit credit cards

What bank has the highest limit credit cards?

Generally speaking, American Express and Chase are known to be more generous with their credit limits than other major credit card issuers including Capital One and Citi. Discover is also known to offer higher-than-average credit limits for consumers with credit scores that fall short of excellent.

How does having a high credit limit affect your credit score?

A high limit card can be a positive factor for your credit score because it increases your total available credit and reduces your credit utilization ratio. Just don’t max it out!

What are the requirements to get a high limit credit card?

To get a approved for a high limit credit card, you’ll need an excellent credit score and a high income. Ultimately, your income will be the most important factor credit card issuers will use in deciding your credit line.

What card has the highest credit limit?

The American Express Centurion Card — also known as the “Black Card” — and the J.P. Morgan Reserve Card (formerly the Palladium Card) are two of the most exclusive credit cards in the world that also boast, on average, the highest credit limits of any card type.

What is the maximum credit limit?

When it comes to credit cards, the maximum credit limit is likely millions of dollars. But it’s also probably on an American Express card that has “no pre-set spending limit”, meaning it’s impossible to say. There are enough billionaires in the world to expect that someone, somewhere, has a credit limit with more zeros than you or I will ever see in our lifetime!