How To Get High Limit Credit Cards

It seems that we regularly get posts on our message board asking about high limit cards, so I thought I would dedicate a blog post to them.

Here are our current updated picks for 2015. This post will be updated regularly with recommendations for the credit cards on which people report receiving the highest credit limits. This list is based on feedback from our forum, online research and our product reviews. Obviously though, results can different for everyone depending on their credit.

For Excellent Credit:

  • Capital One Venture Rewards – Tons of positive reviews about this card.
  • Discover it – They gave me a good limit when I opened my account.
  • Chase Sapphire Preferred Card – The card is reportedly aimed at those with income in the top 15%, so naturally, many report getting a high credit limit on it.
  • Gold Delta SkyMiles – I’ve heard of people getting big limits on this card, but American Express became more conservative after the big recession. Things seem to have loosened up a bit since then, luckily, but your mileage may vary.

For Average Credit:

To be perfectly honest, it seems those with average credit aren’t getting high limits from any issuer (at least on unsecured cards). But here are some to consider anyway, which are the most popular.

For Bad Credit:

  • Secured Credit CardsAs you can imagine, high limit unsecured cards for bad credit represent the null set. But if you’re interested in a secured card, there are some that will give you a credit line of up to $5,000 with a matching deposit. Like the saying goes, banks like to lend money to those who don’t need it.

There are three things you should keep in mind…

1. Banks are still more conservative with giving out credit
Before the “great recession” it wasn’t uncommon for average income regular Joe’s with excellent credit to receive credit limits of $30,000 to $50,000 per card! During the recession the banks took a bath due to people defaulting on mortgages and credit cards and as a result got very stingy with credit limits for a few years. Even though the credit freeze thawed out long ago card issuers aren’t quite as generous as they once were (once bitten, twice shy). Even a high income and superior FICO score won’t guarantee obscenely high lines anymore – though they can still be pretty high.

2. You may have to work harder at getting a high credit limit
Apply for the best cards you can get (cards that are known for giving generous limits) and then having the limit periodically raised every few months or so. It’s still possible to get a high limit, but you probably will have to work harder to get there. It can also be helpful to close any unneeded store cards you might have, which could improve the ratio of your open trade lines to income ratio, something that card issuers look at when determining your risk level.

3. Your chances may be better going with a different issuer
Banks will only allocate so much risk to a customer. This is why your strategy should be to apply to banks where you’ve never had a card before.

Let’s say you already have a card or two with Bank of America. If you apply for yet another BofA card in hopes of getting a high credit limit, it probably won’t happen. Instead, they will probably give you a small limit and if you want it any higher, you will have to re-allocate credit from your other card(s) you have with them. That being said, combining the limits of all your cards from one issuer is definitely a method of obtaining a high limit credit card. However the big drawback with that technique is that your other cards will be left with tiny limits.

The big benefit of applying for a credit card from a new issuer (with whom you don’t already have an existing account relationship) is that you basically have a blank slate. There are no other cards taking a slice of that credit pie, therefore they might be more likely to give you a larger credit limit.
This post was written or last updated March 10, 2015

 
Comments
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I need a credit card with a limit that CAN NOT be raised. The card would be for emergency use only. Anyone have a suggestion. Thank you.

I have a credit score of 677 what would be the best credit card for me to apply for?

I have a low credit score but I got approved for a capital one quick silver card with 1.5% cash back rewards. You should set up an account on credit karma. com it suggest credit cards for people with poor credit and I didn’t get more than 300$ spending limit but after 5 month of on time payment they also raise your limit and the reviews are great some people state they have had an increase up to 5000$.

Richman/POOR-YOU

HERE IS THE ANSWER TO ALL YOUR CREDIT CARD QUESTIONS…

Only get a credit card with a low APR, 0 Annual fee, and credit limit of no more than $4,000. Why? You don’t want to over extend your risk (i.e fraud, identity theft) and you don’t need that much if you are smart, have sufficient income, and pay your bills on time.

I have excellent credit, with a handful of c.c. that are kept on tight security with limits of 2500 upto 9,500 by MY design. All are used for specific reasons and are 0 balanced (PIF) monthly. There is also (1) card that is used maybe once a year to knock the dust off which is a 12+ year old account and has a bank set limit of >30K.
My question is, should I lower the limit due to all of the fraud folks are facing now-a-days?
What are the liabilities of such credit?
What might be the downfall of limit reduction?

Andre

I have 2 Bofa credit cards with $3k and $20k. 1 Discover card with $1,500. 1 Capital One with $500. 1 Citi with $9k. I was wondering if I should close out the $500 Capital One card even though that is my oldest card??

I would really appreciate any help!

Never close out your oldest card if this is practical. You want to show you have long credit history. Instead, request credit limit increases every few months or so and try to get it caught up with the others.
*Don’t lose credit history.

I have a credit score of 766. I have two unlimited credit cards from AMEX but I Also pay them off every month. I have the option to not pay off the cards every month but the APR is 18.99%. I don’t want to give them my money like that. I want a card with a 25-30 thousand dollar limit with a 0 APR for the longest time. Any suggestions?

BofA issues $17k cc’s with 0 percent interest via blank check s. IF you keep substantial amount in savings at BofA , have a decent job and are able to pay back lines in large chunks… you can get blessed with the 1year 0 percent 20k lines

I have bad credit can you help

Apply for the quick silver capital one they approve people with poor credit like myself I got approved for a spending limit of 300$ and after 5 month of on time payments you get an increase from anywhere to 5000$

When you have a poor credit like I do of 571, a secured card that builds interest on your deposit is great. My USAA secured card gives me .54%. My cl is only 350 but when used only to charge 50 bucks for a tank of gas it’s great.

I hav a credit score of 713 looking for a cl of about $5000 any suggestions?

That’s not to bad I was in the 300’s and got a student card from capital one just 500 bones, but then built up my credit to mid 600’s and early 700’s and got a Discover with 3Grand, and then about 3 weeks later my credit on the capital one (student card!!!) jumped up 3Grand to 3,500, which surprised the bajesus out of me, thought it was a mistake but customer support assured me it was due to my awesome credit habits. (<<—super long run on sentence. 0_o) Also a few months later (not wanting to be undermined by capital one, no doubt.)discover bumped it up to 3900, plus I qualified for an Amex but only gave me 2grand limit for now, but with your credit score you could probably do good if applying to a couple of these credit companies; so long as you don't have late payments or any reasonably worrisome blemishes on your credit report. Also if it helps I've heard that Amex and Discover are really good, I can't complain, pretty awesome customer service/support with discover when i lost my first card. Plus I heard apart from being awesome with customers they look good on your credit, and from my experience that seems to be in check.

capital one venture

I pay my credit cards off every month but I only have a 10,000 limit. I have a bank of America card and capital one ventura. I didn’t know I could ask to raise my limit. My credit score is 820. Should I cancel bank of America and get something else? I need to borrow money to move.

NO!!!!!!!!!!! Do not shut any account down you will lower your score!

I have a 750 score and personal income of 50k, but household income is over 100. I need 80-100k and am thinking the best way to do this is applying for 10 cards at exactly the same time. I have zero inquiries in the last 2 years. What are your thoughts on this strategy and what cards should I go after?

Thanks everyone.

Bad move, u don’t want all those inquiries on or report it actually will hurt ya score

If I open a 0% offer card and reallocate my CL from existing card, would I be able to use combined CL for 0%? (With Chase).

Thanks.

Credit unions always offer high credit limits I receive a 5,000 credit limit

A CL of $5,000 is a bit of a joke. I have an AMEX with a CL of $50K. Hoping to see someone with a range of $60-75K on here (single CL).

If you got an AMEX with credit limit of $50k, what is your credit score?

what credit union are you speaking of?

HI Haleigh:

believe me the best thing to do right now is to get any secured credit card with at least $500.00 or better and make more than the minimum payment every month on time for 6 months and during this period dont apply for any credit and then after the 6 month you will be able to get a decent credit card limits.

I am in need of a credit card with at least $3000 limit. My credit history is very short because I’m 19 and ha enter been able to get any type of credit established because its all way to expensive. My deposit per line with AT&T is 750 but I have a credit score of 634. What are my options? I am in desperate need of this and it would really help build my credit.

With a credit score of 634 and a short credit history I think a 3k limit is a pipe dream.

Actually on the other hand, (it’s probably a year too late now for you, but for others in the same boat reading this, maybe not…) I had a 625 credit score and Amazon Visa Card from Chase gave me a $3,000 limit right away! I just turned 19 and I know I need to only utilize this card maximum of $400 per month and pay off 90% of it every time for a couple years to get my score up to hopefully the low 700s. what also helps is 2 or three dept store credit cards such as target RedCard, Walmart Card, JCPenny, and Macy’s. I have all four of those now and with those five card my credit limit is 600, 1600, 1800, 800, and 3000(Amazon), for a total of 7200 of which I only use the amazon card. But this also means I can uses up to 45% of the amazon card, which, when used right, gives me great rewards and keeps my total utilization under the maximum “good” limit of <20%. So, all in all, it's really a complicated game, but if you do it right, play by the rules, don't go on shopping sprees, it can be very benificial. I'm 21 now and got approved for a costco amex of 10,000$. It pays off on the end.

I have a question. There’s people selling or offering to get high limit credit cards for a price 1/2 up front balance due upon receipt. This a scam or what
Thanks

Anatoliy Zaslavskiy

I have a 1.5 year credit history with the following limits: $3000, $2000, $1500, $500×2, $300. I often go through these credit limits before the end of the month twice or thrice (I own a computer business so I buy stuff for customers). I usually pay off balance in full each month (just had 2 months where I carried balance because I made a stupid investment)

Bad things are: I am 20 years old, I have a 671 credit limit, I have 12 inquiries on report

Which cards Would you recommend going for to get a higher limit (I don’t care much for APR since I don’t anticipate carrying a balance anymore).

Leave a little bit of balance on ur cards so interest occurs .. Make it so u pay ur paying tiny bits of interest per month so the credit card companies see that ur making payments .. Paying off balances without then getting charged interest doesn’t benefit credit card companies .. They make no money .. And having so Many cards isn’t good either I have two credit cards and a 740 score with 2 years history

Horrible advice.The Card Companies make money every time you swipe.Pay in full every month and pay no interest…ever!I have never carried a balance and I have over 100,000 in available credit…Be smart

Get off the board you idiot

No, you never leave a balance on your cards. The credit bureaus still report your balance each month along with your payment. For example, if I charge $1000 on a 10K CL card and then I pay the $1000 balance in full, this still reports. It looks really good when you show that you have power and have the ability to pay off your card. The credit companies will entice you to do exactly opposite by raising your credit limit and hoping that you charge a ton of money and then can only pay the minimum. Never leave a balance. This is how you get high limits not by leaving a balance on your cards each month showing the credit companies that your weak and can’t pay your bills.

Hey bro,

I understand your problem because I started out charging my credit cards because I couldn’t get traditional financing for my business. Your issue right now is that you have too many inquiries and some credit cards with very low limits. You should close down your small cards $500×2 and $300. Credit cards companies look at your current credit cards when they are deciding your limits. If you don’t anticipate carrying a balance and American Express charge card is the way to go. They technically don’t have a limit but they work based on your history. The first month they may let you charge only up to 5k. But if you keep paying them back especially if its a business card your limits can go up in the 100-200 K range.

You are in a tough spot because I know you need to use your credit, but your credit score is probably where it is because you have too many inquiries, short credit history and a high credit utilization.

What amount of income is considered the top 15% with Chase Sapphire?

What is your suggestion if I have three credit cards all with $5,000 limits but almost at the limits on all. I want to consolidate to one card. Have you known the credit unions to give high limit credit cards.

1. Having cards from Fat guyz (BOFA,chase..) or having high limit from smaller ones. Which one should one to consider when you have good score but less than 4 year of credit card history?

2. When one consider for applying new card, does APR matters or cashback/rewards or limit? when you always planned to pay off full each month.

1st answer: Well the fat guys have better reward programs usually, so that’s where you usually will find the best programs/benefits.

2nd answer: If you always pay in full, then don’t worry about APR. For example I always pay in full so I don’t even pay attention to my own interest rates. Therefore shoot for the best cash back and rewards.

Good luck!