6 Best High Limit Credit Cards of 2022

6 Best High Limit Credit Cards of 2022

Editorial Note: The content of this article is based on the author’s opinions and recommendations alone. It may not have been reviewed, approved or otherwise endorsed by the credit card issuer. This site may be compensated through a credit card issuer partnership.

Not every credit card is created equal, and that's true whether we're talking about rewards and perks or the amount of credit made available to you. Fortunately, there are plenty of high limit credit cards that stand out due to their reputation for offering high credit limits as well as their welcome bonuses, ongoing rewards and cardholder benefits.

Best high limit credit cards of 2022

Best overall

Chase Sapphire Reserve®

On Chase's Secure Website

Runner-up

Chase Sapphire Preferred® Card

On Chase's Secure Website

0% intro APR

Chase Freedom Flex℠

On Chase's Secure Website

If you want access to a generous credit limit, the best high limit credit cards offer the most bang for your buck. Read on to learn about the top high limit credit cards, what they offer and how they stack up.

Best high limit credit card overall

Chase Sapphire Reserve®

On Chase's Secure Website

Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.

$550

16.99%-23.99% Variable

720 - 850

  • Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®
  • $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year.
  • Earn 5x total points on air travel and 10x total points on hotels and car rentals when you purchase travel through Chase Ultimate Rewards® immediately after the first $300 is spent on travel purchases annually. Earn 3x points on other travel and dining & 1 point per $1 spent on all other purchases
  • Get 50% more value when you redeem your points for travel through Chase Ultimate Rewards®. For example, 50,000 points are worth $750 toward travel
  • With Pay Yourself BackSM, your points are worth 50% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories
  • 1:1 point transfer to leading airline and hotel loyalty programs
  • Access to 1,300+ airport lounges worldwide after an easy, one-time enrollment in Priority Pass™ Select and up to $100 application fee credit for Global Entry or TSA PreCheck®
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more

Our thoughts

The Chase Sapphire Reserve® is the top choice for travelers who need a high credit limit, as well as those who want to earn generous rewards on travel and dining. Cardholders can earn 5x points on flights and 10x points on hotels and car rentals through Chase Ultimate Rewards® Another benefit for frequent travelers is the fact points earned with the Chase Sapphire Reserve® can be transferred on a 1:1 basis to several hotel and airline loyalty programs like Southwest Rapid Rewards, United's MileagePlus, Marriott Bonvoy Rewards and the World of Hyatt. Points earned with this card are also worth 1.5 cents each when redeeming for travel through the Chase portal. Also note that Chase Ultimate Rewards® points can always be redeemed for statement credits, cash back, gift cards or merchandise.

The Chase Sapphire Reserve® is also a Visa Infinite product, which means you can't qualify for the card unless you're approved to receive the minimum credit line. For this card, it's been reported to be $10,000. Cardholders pay a hefty $550 annual fee, but for people who use the $300 annual travel credit, that fee is effectively only $250 per year. Other major benefits you will receive include a Priority Pass™ Select airport lounge membership (retail value of $429), a fee credit for Global Entry or TSA Precheck® membership and various travel insurance benefits.

  • Minimum credit limit of $10,000+
  • Generous sign-up bonus and ongoing rewards potential
  • Exceptional travel benefits including a $300 annual travel credit, option to transfer points to partners, airport lounge membership and fee credit for Global Entry or TSA Precheck
  • Comes with insurance protections like primary auto rental coverage, trip cancellation and interruption insurance, lost luggage reimbursement, emergency evacuation and transportation coverage and more
  • $0 foreign transaction fees
  • $550 annual fee required
  • High APR for purchases (16.99%-23.99% Variable)


Runner-up for best high limit credit card

Chase Sapphire Preferred® Card

On Chase's Secure Website

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 Ultimate Rewards®.

$95

15.99% - 22.99% Variable

720 - 850

  • 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 Ultimate Rewards®.
  • Enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases, plus more.
  • Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase Ultimate Rewards®. For example, 60,000 points are worth $750 toward travel.
  • With Pay Yourself BackSM, your points are worth 25% more during the current offer when you redeem them for statement credits against existing purchases in select, rotating categories.
  • Get unlimited deliveries with a $0 delivery fee and reduced service fees on eligible orders over $12 for a minimum of one year with DashPass, DoorDash's subscription service. Activate by 03/31/22.
  • Count on Trip Cancellation/Interruption Insurance, Auto Rental Collision Damage Waiver, Lost Luggage Insurance and more.

Our thoughts

The Chase Sapphire Preferred® Card offers fewer benefits than the Reserve, yet you have the potential for a high credit limit and all the benefits that come with the Chase Ultimate Rewards® program. As a Visa Signature card, approved applicants are able to get a minimum credit limit of $5,000 when they apply, although credit limits typically go much higher.

Consumers who choose this card will only pay $95 per year, yet they can earn the generous sign-up bonus as well as 5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchases. Points transfer to Chase Ultimate Rewards® airline and hotel partners on a 1:1 basis, and you can also redeem them for travel through the Chase portal at a rate of 1.25 cents each.

  • Earn a generous sign-up bonus and ongoing rewards
  • Points are worth 1.25 cents each through the Chase portal
  • Can transfer points 1:1 to Chase airline and hotel partners
  • Annual fee is only $95 per year
  • Comes with travel insurance benefits such as trip cancellation and interruption insurance, primary auto rental coverage and trip delay reimbursement
  • No travel credits or perks to speak of
  • High APR for purchases (15.99% - 22.99% Variable)
  • May come with lower credit limit than the Chase Sapphire Reserve®


Best high limit credit card for business

Chase Ink Business Preferred℠ Credit Card

On Chase's Secure Website

Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.

$95

15.99%-20.99% Variable

720 - 850

  • Earn 100k bonus points after you spend $15,000 on purchases in the first 3 months from account opening. That's $1,000 cash back or $1,250 toward travel when redeemed through Chase Ultimate Rewards®
  • Earn 3 points per $1 on the first $150,000 spent on travel and select business categories each account anniversary year. Earn 1 point per $1 on all other purchases
  • With Fraud Protection your card transactions will be monitored for possible signs of fraudulent activity using real-time fraud monitoring
  • With Zero Liability you won't be held responsible for unauthorized charges made with your card or account information
  • Redeem points for cash back, gift cards, travel and more - your points don't expire as long as your account is open
  • Points are worth 25% more when you redeem for travel through Chase Ultimate Rewards®
  • Purchase Protection covers your new purchases for 120 days against damage or theft up to $10,000 per claim and $50,000 per account

Our thoughts

The Chase Ink Business Preferred℠ Credit Card comes with a minimum credit limit of at least $5,000, but it could come in at $25,000 or higher depending on your business income and other factors. This card is also ideal for business owners who want to earn flexible rewards points or points for travel. Not only can cardholders earn a very generous sign-up bonus, but they will Earn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.

Rewards earned with this card fall within the Chase Ultimate Rewards® program, and they can be redeemed for travel through the Chase portal at a rate of 1.25 cents per point or transferred to airline and hotel partners on a 1:1 basis. A $95 annual fee applies, and cardholders get benefits like cell phone insurance, purchase protection, extended warranties and select travel insurance products.

  • Generous sign-up bonus and ongoing rewards
  • Points can be used for transfers to airline and hotel partners or booking travel through Chase at a rate of 1.25 cents per point
  • Travel insurance protections include auto rental coverage, trip cancellation and interruption insurance and roadside dispatch
  • $0 foreign transaction fees
  • Annual fee applies
  • No major travel benefits
  • High APR for purchases (15.99%-20.99% Variable)


Best high limit credit card and secured credit card

Capital One Platinum Secured Credit Card

Our thoughts

The Capital One Platinum Secured Credit Card is our top choice for people with bad credit who are looking for a high credit limit. While most secured cards offer credit limits that match the card's required security deposit, the Capital One Platinum Secured Credit Card can potentially offer an oversized limit. For instance, a $49 refundable security deposit could get you a $200 initial credit line.

Note that you’ll need to have access to an authorized bank account in order to make the deposit. However, there's no other available card that will give you more for less. Even better, this card is easy to qualify for since it's meant for people with Limited/Bad credit.

Another great attribute of the Capital One Platinum Secured Credit Card is that you'll get access to a higher credit line in as little as six months, provided you make on-time payments. A higher credit limit will likely reduce your credit utilization ratio, which could help you increase your credit score. So, through appropriate use of this card, you can increase both your credit score and your card's limit.

  • $0 annual fee
  • Potential for minimum credit limit of $200 with a starting security deposit of just $49
  • Automatic credit line reviews in as little as six months with responsible use
  • Available for consumers with Limited/Bad credit
  • Foreign transaction fees: None
  • This is a secured credit card, so a cash deposit is required as collateral
  • High APR for purchases (26.99% (Variable))


Best high limit credit card with a 0% Intro APR

Chase Freedom Flex℠

On Chase's Secure Website

Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening!

$0

14.99% - 23.74% Variable

660 - 850

  • Earn a $200 Bonus after you spend $500 on purchases in your first 3 months from account opening.
  • 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter!
  • 5% cash back on travel purchased through Chase Ultimate Rewards®, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more
  • 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1% cash back on all other purchases.
  • No minimum to redeem for cash back. You can choose to receive a statement credit or direct deposit into most U.S. checking and savings accounts. Cash Back rewards do not expire as long as your account is open!
  • 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 14.99% - 23.74%.
  • No annual fee – You won’t have to pay an annual fee for all the great features that come with your Freedom FlexSM card
  • Keep tabs on your credit health - Chase Credit Journey helps you monitor your credit with free access to your latest score, real-time alerts, and more.

Our thoughts

We recommend the Chase Freedom Flex℠ for its excellent 0% Intro APR on Purchases for 15 months — three months longer than similar offers. After that, the APR increases to 14.99% - 23.74% Variable.

We've seen numerous reports from applicants who claim that the card has offered an initial credit limit of $10,000 or more. This is significantly greater than the limit offered by most other cards with a 0% intro APR offer.

Unlike most other cards with promotional APR offers, the Chase Freedom Flex℠ has strong ongoing value. Cardholders have access to an outstanding rewards rate: 5% cash back on up to $1,500 in combined purchases in bonus categories each quarter you activate. Enjoy new 5% categories each quarter! Plus, earn 5% cash back on travel purchased through Chase Ultimate Rewards®, 3% on dining and drugstores, and 1% on all other purchases. Overall, competing cards will have trouble keeping up in terms of rewards due to the card's 5% categories.

  • Generous sign-up bonus and ongoing rewards rate
  • $0 annual fee
  • Intro APR offer for purchases can help you save on interest for 15 months
  • Get cardholder benefits like purchase protection against damage or theft, extended warranties, trip cancellation and interruption insurance, cellphone insurance, secondary auto rental coverage and more
  • Credit limit could be as low as $500
  • 5% back in rotating categories is capped at $1,500 in spending per quarter
  • You have to enroll in the categories each quarter to earn 5% cash back
  • High APR for purchases after introductory offer ends (14.99% - 23.74% Variable)
  • Charges a foreign transaction fee of 3% of each transaction in U.S. dollars


Best high limit credit card for fair credit

Capital One QuicksilverOne Cash Rewards Credit Card

On Capital One's Secure Website

No bonus

$39

26.99% (Variable)

0 - 660

  • Earn unlimited 1.5% cash back on every purchase, every day
  • Earn cash rewards without signing up for rotating categories
  • Be automatically considered for a higher credit line in as little as 6 months
  • Monitor your credit profile with the CreditWise® app, free for everyone
  • $0 fraud liability if your card is ever lost or stolen
  • No limit to how much cash back you can earn, and cash back doesn't expire for the life of the account
  • Help strengthen your credit for the future with responsible card use
  • Get customized alerts and manage your account with the Capital One mobile app

Our thoughts

The Capital One QuicksilverOne Cash Rewards Credit Card is our pick as the best high limit card for people with Average/Fair/Limited credit since it allows cardholders to quickly gain access to a higher credit limit. While your initial credit limit may be on the low side, Capital One promises to consider you for a higher credit limit in as little as six months.

The Capital One QuicksilverOne Cash Rewards Credit Card also offers a respectable 1.5% Cash Back on every purchase, every day. While other cards offer similar rewards, there's no guarantee those cards will increase your limit after only six months.

You'll also have access to CreditWise from Capital One, which allows you to check your credit score and monitor your credit profile. These types of tools are common nowadays from most cards — but it's a nice addition, and improving your credit score could lead to getting an even higher credit limit. Keep in mind that the Capital One QuicksilverOne Cash Rewards Credit Card comes with a $39 annual fee, but as long as you spend $217 per month on the card, you'll break even on the fee each year.

  • Available for consumers with Average/Fair/Limited credit
  • Can qualify for a credit line increase in as little as six months
  • Earn a flat 1.5% Cash Back on every purchase, every day you buy
  • Access free credit-building tools
  • Foreign transaction fees: None
  • $39 annual fee required
  • High APR for purchases (26.99% (Variable))

Compare the best high limit credit cards of 2022

Earning rate
Welcome bonus
Annual fee
Chase Sapphire Reserve®5x points on flights and 10x points on hotels and car rentals through Chase Ultimate Rewards®Earn 50,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening.$550
Apply Now
On Chase's Secure Website
Chase Sapphire Preferred® Card5x on travel purchased through Chase Ultimate Rewards®, 3x on dining and 2x on all other travel purchasesEarn 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 Ultimate Rewards®.$95
Apply Now
On Chase's Secure Website
Chase Ink Business Preferred℠ Credit CardEarn 3 points per $1 on the first $150,000 spent in combined purchases on travel, shipping purchases, Internet, cable and phone services, advertising purchases made with social media sites and search engines each account anniversary year. Earn 1 point per $1 on all other purchases—with no limit to the amount you can earn.Earn 100,000 bonus points after you spend $15,000 on purchases in the first 3 months from account opening.$95
Apply Now
On Chase's Secure Website
Show All Rows

How to pick a credit card with a high limit

Credit cards that have the potential for high limits can vary widely in terms of the benefits and rewards they offer. Some also have much higher annual fees than others, although these fees can be worth it if you're someone who can utilize cardholder perks on offer.

Here are the main factors you should consider as you compare cards with high credit limits.

Credit limit potential

You can usually find minimum credit limit information in the fine print of a credit card's terms and conditions page.

For example, the Chase Sapphire Reserve® says the following in its cardholder agreement:

"Before we approve you for a credit card, we will review your credit report and the information you provide with your response to confirm that you meet the criteria for this offer. Based on this review, you may receive a card with different costs or you may not receive a card. If approved for an account, your credit access line will be at least $10,000."

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In addition to checking cardholder agreements for credit limit potential, you should also know that some credit card types tend to come with higher credit limits than others. For example, Visa Infinite cards have more perks and benefits than other Visa credit cards, so they come with stricter approval requirements and higher credit limits as a result.

Credit score required

Most top rewards credit cards require very good or excellent credit, and they may offer higher credit limits to qualified applicants as a result. Likewise, cards available to people with "poor" or "fair" credit tend to come with lower credit limits than others.

Rewards

Rewards credit cards with higher earning rates are typically geared to consumers with good or excellent credit, and thus may come with higher credit limits than competing cards. With this being said, make sure you compare high limit credit cards in terms of the type of rewards they offer, whether you prefer cash back, flexible rewards, or points in a specific travel program.

Welcome bonuses

Also make sure you compare high limit credit cards in terms of the welcome bonuses they offer. While rewards credit cards with exceptional bonuses can be tempting, you'll want to make sure you can easily meet the posted minimum spending requirement via organic spending and regular bills.

Annual fee

High limit credit cards can come with steep annual fees, but these fees can be worth it if you use the perks. For example, paying a high annual fee to get perks like airport lounge access and annual travel credits can easily get you ahead.

Other benefits

Finally, make sure to compare high limit credit cards in terms of the perks you can get. Major benefits to look out for include travel perks like Global Entry or TSA Precheck membership fees, airport lounge access, travel insurance benefits and no foreign transaction fees.

Does no preset spending limit mean you have unlimited credit?

Some credit cards are actually charge cards, meaning you are required to pay your balance in full each month. Due to the full payment requirement, charge cards do not have a preset spending limit.

However, no spending limit does not mean you have unlimited spending potential. With some American Express cards, for example, purchases are approved based on factors like current spending patterns, your payment history, your credit record and your ability to pay your bill. You may even have to prove your resources to make a large purchase or spend more than you have in the past.

How to get a high limit credit card

If you want to be approved for a high limit credit card, the following tips can help:

  • Improve your credit score. Boosting your credit score can help you qualify for any number of high limit credit cards. To help your score in the short-term, make sure you're making all your bill payments early or on time, and that you refrain from opening too many new accounts.
  • Pay down other debt. Having a high utilization ratio on other credit cards may impact your ability to get a high limit on a new one. Pay down debt you have to lower your credit utilization rate, and you'll improve your chances.
  • Use your household income on your credit application. Also be aware that you can use your household income on credit card applications, and not just your own. This can help you get approved for a high limit credit card if you have a spouse or partner who is working and bringing in an income.

How to get a higher credit limit

If you have a credit card you already like and you are hoping to score a higher limit, there are some steps you can take to improve your chances.

  • Make on-time payments on your card. Making on-time payments on your credit card is the best way to improve your chances at a boosted credit limit. Some card issuers will even review your account for credit limit increase potential in as little as six months.
  • Call your card issuer and ask. You can always call your card issuer and ask for a higher credit limit, and the worst they can say is "no." If you decide to call, be prepared to explain your case and have a reason why you need more available credit.
  • Apply for a new credit card. In some cases, you may need to apply for a new credit card to get the credit limit you want. High limit credit cards are your best bet, so make sure to compare all the best options.
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What is a good credit limit?

According to What is a good credit limit, average credit limits in 2020 varied by age group. The following generations boasted these average credit limits last year:

$8,870
Generation Z (ages 18 to 23)
$21,061
Millennials (ages 24 to 39)
$33,049
Generation X (ages 40 to 55)
$38,679
Baby Boomers (ages 56 to 74)
$31,489
Silent Generation (ages 75+)

These credit limits are the average for each group, so any credit limit amounts equal to or above these amounts are considered good.

High Limit Credit Cards FAQs

Is it good to have a high credit card limit?

Having a high credit card limit can be good or bad for your credit and your finances. After all, a high credit limit makes it possible to finance large purchases or have more available credit for emergencies, yet high limits also make it easier to rack up high-interest debt you cannot afford to pay off.

Can I get a higher credit card limit?

You may be able to get a higher credit card limit by inquiring about a higher limit on an existing card or applying for a new one. Keep in mind that you'll have a better chance at a high credit limit if you have good or excellent credit and a high income.

What credit cards have high credit limits?

Many credit cards have the potential for a high credit limit, yet the top rewards credit cards and travel credit cards are usually your best bet. Our top picks for high limit credit cards include the Chase Sapphire Reserve®, the Chase Sapphire Preferred® Card, the Chase Ink Business Preferred℠ Credit Card, the Capital One Platinum Secured Credit Card, the Chase Freedom Flex℠ and the Capital One QuicksilverOne Cash Rewards Credit Card.

Do business credit cards have higher limits?

Business credit cards can come with higher limits than consumer credit cards, yet your individual credit limit will depend on your business income, your credit score and other factors.

Does a high credit limit affect your credit score?

Having a high credit limit can help increase your credit score by lowering your credit utilization rate. However, a high credit limit may not help your score in this category if you continue spending and you wind up carrying a large balance in relation to your credit limit.

How high can a credit limit go?

Credit card issuers do not disclose their maximum credit card limits, yet some consumers report getting credit card limits of $50,000 or higher with select rewards credit cards.

Recap of the best high limit credit cards for 2022

Methodology

To make choosing the right card easier, we've looked at credit cards reviewed on ValuePenguin as well as cards on major issuer sites to compile a list of the best rewards credit cards available right now. Our recommendations are based on the additional value you can earn with the cards — including the rewards value, cost of ownership and value of benefits such as travel and purchase protections, lounge membership and airline companion passes. Our choices are not influenced by our advertisers. Learn more on how we calculate rewards.

The information related to Capital One Platinum Secured Credit Card has been independently collected by ValuePenguin and has not been reviewed or provided by the issuer of this card prior to publication.

These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.

Advertiser Disclosure: The products that appear on this site may be from companies from which ValuePenguin receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). ValuePenguin does not include all financial institutions or all products offered available in the marketplace.

How We Calculate Rewards: ValuePenguin calculates the value of rewards by estimating the dollar value of any points, miles or bonuses earned using the card less any associated annual fees. These estimates here are ValuePenguin's alone, not those of the card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

Example of how we calculate the rewards rates: When redeemed for travel through Ultimate Rewards, Chase Sapphire Preferred points are worth $0.0125 each. The card awards 2 points on travel and dining and 1 point on everything else. Therefore, we say the card has a 2.5% rewards rate on dining and travel (2 x $0.0125) and a 1.25% rewards rate on everything else (1 x $0.0125).