As you may already know, not all credit cards have the same conditions and benefits; some may offer you higher limits than others. Likewise, the benefits and rewards vary from one card to another.
What everyone wants is to have a high credit limit; you should consider that for that, you need a good credit score to qualify. If you have it, you need to start evaluating the available options.
Best High Limit Credit Cards
They are known as the sirens of the credit card world; with them, you can pay large amounts and, in addition, enjoy better rewards and different benefits. But it would help if you watched out for the big debts you are prone to with these options.
Chase Sapphire Preferred Card
It enjoys a $500,000 credit limit, but as a Visa Signature card, the minimum credit limit it should offer is $5,000. When you sign up, you earn 60,000 bonus points when you make a $4,000 spend in the first three months from opening your account.
Their rewards are also interesting; you get 5 points for every dollar spent on travel and bookings through the Chase Ultimate Rewards Portal website. You get 3 points for every dollar spent on select streaming services, food, and online grocery shopping, except Target and Walmart.
In addition, it has multiple benefits, such as a $50 annual hotel credit and full-scale car rental insurance. It also has trip cancellation and interruption insurance, trip delay insurance, and equipment delay insurance. Its annual fee is $95.
Capital One Venture Rewards Card
The card’s limit is $58,000; this is also a Visa Signature card. Therefore, it also has a minimum credit limit of $5,000. When you first sign up, you earn up to 75,000 bonus miles while spending $4,000 during the first three months.
On the other hand, you get 2 miles for every dollar used on any purchase and enjoy many benefits such as travel accident insurance, lost luggage reimbursement, extended warranty protection, and purchase security.
All benefits are available only for Visa Signature card-approved accounts and may have some terms and conditions for use.
Delta SkyMiles Gold American Express Card
The highest reported credit limit for this credit card is $50,000. As a welcome offer, you get 70,000 bonus miles when you spend $2,000 in the first three months with the card.
On the other hand, you earn two miles for every dollar spent on purchases at U.S. restaurants and supermarkets and one mile on eligible purchases. As part of the benefits, you can enjoy priority boarding; the first checked bag on Delta flights is free, with no foreign transaction fees and 20% savings on purchases during the trip.
Another benefit is a $100 Delta flight credit when you spend $10,000 for an entire year. Its annual fee is $0 for the first year, after which it is $99.
Capital One Venture X Rewards Credit Card
The minimum credit limit is around $10,000 for a Visa Infinite card, but you can purchase higher dollar amounts. Some employees have reported receiving credit limits of up to $30,000 with their new card.
You earn 75,000 miles for completing $4,000 in purchases within the first three months of acquiring your card. Its rewards are eye-catching because it offers 10 miles for every dollar spent on hotels or car rentals booked from Capital One Travel.
You also earn five miles for every dollar on flights booked through Capital One Travel, and on all other purchases, you earn two miles. Among the card’s benefits, you have up to $300 in statement credits each year for bookings made through Capital One Travel.
To improve its quality, it has complimentary access for cardholders and the users you authorize to use it, and you can include two guests to attend Capital One lounges. You can enter the 1,300 Priority Pass lounges in different countries worldwide.
As a cardholder, you are eligible for $100 in statement credits toward Global Entry or TSA PreCheck, which is selected once every four years. The card has purchase and travel protection. The annual fee is $395.
How to have a high credit limit?
The secret to acquiring a credit card with a high limit is to take care of your credit history and maintain a score above 700. In addition, your income must be sufficient to pay the debts.