High limit credit cards can be a valuable tool if used responsibly. Use these cards to maximize rewards when making an expensive purchase.
Credit cards are a great tool to keep in your wallet — as long as you don’t max out your limit. And this is where high limit cards can come in!
Any card with a particularly high credit limit — generally over $5,000 — is considered to be a “high limit” card.
15 Best High Limit Credit Cards for January 2024
Here are the best high limit cards you can apply for today:
1. Alliant Cashback Visa Signature Credit Card
Why We Like It
If you use credit cards often, you are likely tired of running into cashback limits. Many cards have a low reward limit, but the Alliant Cashback Visa Signature Card pays 2.5% cashback on most purchases up to $10,000.
After that, you earn 1.5% back on most purchases. There are no categories to track, and APRs start as low as 17.49%. To qualify for the top rewards, you must have an Alliant High-Rate checking account and meet the requirements, including a $1,000 minimum monthly balance. Otherwise, you earn 1.5% back on all purchases.
Pros
- No annual fee
- No categories to track
- No foreign transaction fees
Cons
- No intro APR
- Must have a High-Rate checking account to qualify for the highest reward
2. Amazon Prime Rewards Visa Signature Card
- Best for Amazon and Whole Foods Fans
Why We Like It
If you love Amazon and Whole Foods, you can earn an unlimited 5% back on purchases at both stores with your Amazon Prime Rewards Visa Signature Card and an Amazon Prime membership. This includes digital downloads, subscriptions, Amazon gift cards, and items purchased in Amazon Marketplace.
You also earn 5% back on Amazon Fresh. In addition, the card pays 5% back on travel booked through Chase Travel, 2% on gas, restaurants, and local transit, and 1% back on everything else.
Pros
- Includes robust travel protection
- You can redeem rewards daily as you earn them
- Unlimited cashback on Amazon, Whole Foods, and Amazon Fresh purchases
Cons
- Requires great credit
- An active Prime membership is required
3. American Express Blue Business Cash™ Card
- Best for Everyday Spending Cashback
Why We Like It
If you own a business and spend a lot, you can earn 2% back on everyday purchases up to $50,000 per year with the American Express Blue Business Cash™ Card and 1% back on everything else. The card also includes many other benefits for business owners, including account alerts, a year-end summary, and vendor pay by Bill.com.
Pros
- No annual fee
- 0% APR on purchases for 12 months
- $250 welcome bonus (statement credit) after spending $3,000 in three months
Cons
- Only open to business owners
- Cashback is only available as a statement credit
4. Blue Cash Preferred® Card from American Express
- Best for Grocery and Gas Cashback
Why We Like It
If you’re looking for a card to earn the most money back on groceries and gas, the Blue Cash Preferred® card offers 6% back on groceries and 3% back on gas. There’s a limit of up to $6,000 per year on grocery spending, and gas earnings are unlimited.
This gives you a nice bonus on groceries for part of the year while also earning 6% back on streaming services, 3% on transit, and 1% on all other purchases. Even though your supermarket cashback reverts to 1% after $6,000 spent, it’s still money back on your groceries and most other purchases.
Pros
- 0% APR on purchases for a year
- $250 welcome bonus after spending $3,000 in six months
- Includes other bonuses like savings on Disney+ and travel insurance
Cons
- Requires excellent credit
- Annual fee of $95 after the first year
5. Capital One Venture X Rewards Credit Card
Why We Like It
If you love to travel, take advantage of the free 75,000 mile early spend bonus and 10,000 annual mile bonus from Capital One Venture X Rewards. You need only to spend $4,000 in the first three months for the 75,000 bonus, and you receive the 10,000-mile bonus on your anniversary annually.
You also earn a $300 credit annually for travel booked through Capital One and a $100 TSA PreCheck® or Global Entry credit. Ongoing, you earn 10x miles on travel booked through Capital One, 5x on flights booked through Capital One, and 2x on everything else.
Pros
- High rewards rate
- Great annual perks
- No limit to earnings
Cons
- High annual fee
- Requires excellent credit
6. Chase Freedom Unlimited®
- Best for Luxury Perks and Privileges
Why We Like It
Cashback credit cards aren’t always just about the cash you earn but also the perks and privileges the card offers. The Chase Freedom Unlimited® card offers many reward opportunities, including shopping with Amazon points, gift cards to restaurants and stores, and competitive rates on travel through Chase Ultimate Rewards.
You also get a three-month free subscription to DoorDash’s DashPass and earn 5% cashback on Lyft rides. This is all in addition to the unlimited 1.5% cashback on most purchases, like 3% on dining and drugstore purchases and 5% on travel booked through Chase.
Pros
- No annual fee
- 0% APR for 15 months on purchases or balance transfers
- Get a $200 bonus after spending $500 in three months, plus 5% back on gas and grocery for the first year (up to $12,000 spent)
Cons
- High regular APR
- 5% cashback on travel is only good on travel booked through Chase
7. Chase Sapphire Preferred® Card
- Best for Mid-Level Travel Rewards
Why We Like It
If you travel often but want your card to reward for everyday purchases like dining, online grocery, and streaming services, the Chase Sapphire Preferred® card is a great option.
You can earn 60,000 bonus points ($750 in Chase Ultimate Travel rewards) after spending $4,000 in three months, plus earn 5x points on travel booked through Chase and 3x on dining, streaming, and online grocery purchases.
The card also pays 1x points on all other purchases. You can use your points for 1:1 transfers at over a dozen travel partners and get robust travel protection on trips paid for with your Chase card.
Pros
- Great travel rewards
- Offers many bonus categories
- Many options for reward redemption
Cons
- High regular APR
- Charges an annual fee
8. Chase Sapphire Reserve®
- Best for Airport Lounge Access
Why We Like It
If you love to travel and enjoy airport lounges, you’ll love the 1,300 airport lounge access offered to Chase Sapphire Reserve® cardholders. The pass is good worldwide and for up to two guests.
The card also includes other benefits, such as 60,000 bonus points if you spend $4,000 in three months, a $300 annual travel credit, and the opportunity to earn 5x points on travel booked through Chase Ultimate Rewards.
You can also earn 10x points on hotels and rental cars booked through Chase and 3x on dining and travel booked outside the Chase portal.
Pros
- Global Entry or TSA PreCheck® credit
- Access to travel partners for 1:1 transfer
- Offers 50% more reward value when you redeem through Chase travel
Cons
- High annual fee
- No intro APR
9. Citi® Double Cash Card
- Best Overall Cashback Card
Why We Like It
If you don’t like tracking categories for cashback, the Citi® Double Cash Card offers double the cash back on all purchases. You earn 1% when you make purchases and another 1% when you make a payment.
There are no category restrictions, and for a limited time, you can earn 5% back on hotel and car rentals booked through Citi. There’s a $200 cash bonus if you spend $1,500 in six months and an intro APR of 0% on qualifying balance transfers for 18 months.
Pros
- No annual fee
- No categories to track
- Many options for point redemption
Cons
- Has a balance transfer fee
- The welcome bonus spending requirement is high
10. Delta SkyMiles® Gold American Express Card
Why We Like It
If you fly exclusively on Delta, you can earn considerable rewards when using your Delta SkyMiles® Gold American Express Card. You earn 2x miles on Delta direct purchases and earn a $100 credit annually after spending $10,000 per year.
Cardholders also save 15% when booking Award Travel on Delta and 20% back on in-flight Delta purchases. Cardholders also get priority Delta boarding, and you can pay with miles, taking up to $50 off each flight.
Pros
- No foreign transaction fees
- First checked bag on Delta is free
- Pays 2x miles on dining or takeout
Cons
- Great credit required
- Has annual fee after first year
11. The Platinum Card® from American Express
- Best for Limits without Presets
Why We Like It
The Platinum® Card from American Express is a charge card, not a credit card. This means you don’t have a spending limit but must pay your bill in full. However, it offers some options, including Plan It® to split your balance into fixed monthly payments for a fee or Pay Over Time. This is more like a credit card, charging interest over time, but there are limits to how much you can put on this plan. The rest must be paid in full. These features help you keep your spending under control while giving you freedom.
Pros
- Many extra perks, like Uber Cash and airline fee credits
- Access to the American Express Global Lounge Collection®
- Can earn 5x points on flight and hotel stays booked through Amex
Cons
- No intro APR
- High annual fee
12. The World of Hyatt Credit Card
- Best Mid-Level Hotel Card
Why We Like It
If your family loves the Hyatt brand of hotels, you can earn free hotel stays by earning up to 9x points back on Hyatt stays with The World of Hyatt Credit Card.
Plus, receive one free night each year on your card anniversary for any spending and an extra free night if you spend $15,000 or more per year. The card also pays two points per $1 spent at restaurants, airline tickets, gym memberships, and local transit.
Pros
- Earn free hotel stays
- Offers travel protection
- 60,000 bonus point welcome bonus opportunity
Cons
- No cash back on groceries or gas
- $15,000 spending required in six months to get a full welcome bonus
13. United Club℠ Infinite Card
Why We Like It
If you fly United frequently, the United Club℠ Infinite Card will reward you well. All card members get a free United Club membership, plus you earn 4 miles per $1 spent at United.
If you travel a lot outside of United, you can still earn 2 miles per $1 spent on other travel accommodations and dining and 1 mile per $1 spent on all other purchases. Also, if you spend $5,000 in the first three months, you earn 90,000 bonus points.
Pros
- Extensive travel protection
- $100 statement credit for TSA PreCheck® or Global Entry
- First and second checked bags are free for you and a companion
Cons
- High annual fee
- Great credit required
14. United℠ Explorer Card
- Best Mid-Level Airline Card
Why We Like It
The United℠ Explorer Card is good for people who travel infrequently but prefer United. You can earn 2x miles on all United purchases. The card also pays 2x miles on dining and hotel stays. The card also pays 1x miles on all other purchases.
New cardholders can earn 60,000 bonus miles by spending $3,000 in the first three months and get a free checked bag for you and a companion on each flight.
Pros
- Miles don’t expire
- No blackout dates
- Robust travel coverage
Cons
- Has annual fee
- Little flexibility on rewards
15. Wells Fargo Reflect® Card
- Best for Paying Down Existing Debt
Why We Like It
If you have some credit card debt, the Wells Fargo Reflect® Card can help you pay it down with a 0% APR for 21 months. The intro APR is good for purchases and balance transfers, and the card has no annual fee.
While you won’t earn cashback with this card, it includes many other perks like cellphone protection and roadside dispatch.
Pros
- No annual fee
- Zero liability protection
- Long introductory period
Cons
- High regular APR
- No cash-back rewards
What Is A High Limit Credit Card?
As mentioned, high limit credit cards are cards that have a maximum credit limit of about $5,000 or more. In order to get a higher-limit credit card you need to a have good credit, though if your credit is fair you may still qualify.
You should bear in mind that high limit credit cards are not there for you to be able to run off to the casino and spend thousands more than you can afford!
Instead, they’re a great tool to enable you to make large necessary purchases that you may not be able to otherwise, with the side effect of being able to improve your credit score and utilization rates.
Additionally, high limit credit cards often offer great rewards and perks, especially on travel (as travel rewards cards tend to be high limit). However, these don’t come without a price, as you’ll typically find large annual fees attached.
You should never aim to use a high limit credit card to make purchases that you don’t intend to pay off at the end of the month, however, as interest rates on these cards tend to be high. In addition to paying hefty fees, you may also negatively affect your credit score.
Be careful not to overspend, or you could find yourself trapped in debt! Remember: there are other options out there if you need more flexibility for your spending.
How To Choose The Best High Limit Credit Cards
As with choosing any other credit card, the best one is going to be the one that’s most suited to you and your circumstances.
Travel Perks
If you travel often, either for business or leisure, then one of the airline’s co-branded credit cards could be the card for you.
The Delta SkyMiles Gold American Express Card is one for Delta fans and has the added bonus of no annual fee for your first year ($99 thereafter). There are also often limited-time intro offers available, and you can earn miles on dining, groceries, Delta purchases, and more.
In addition, you’ll be able to enjoy your first bag checked free, flight credits and statement credits, as well as a 15% discount when you book through Delta.
Meanwhile, travel cards like The Platinum Card from American Express and Chase Sapphire Reserve will both get you coveted complimentary access to various airport lounges, as well as a whole host of other benefits.
Keep Reading: Best Travel Credit Cards
Cash Back
On the other hand, if you’re looking for cashback, then you may want to investigate either the Blue Cash Preferred Card from Amex (also no annual fee for the first year, $95 following) or the Blue Business Cash Card (no annual fee). Both of these cards offer pretty decent cashback (especially the Blue Cash Preferred Card), as well as various other perks.
Bear in mind, however, that earnings are capped – so you’ll have to pay close attention to your category spending with these cards!
Another option for cashback is the Citi Double Cash Credit Card which gets you double the cash back, has no annual fee, and no cap or category restrictions.
Loyal shoppers would do well to investigate which cards are going to be most beneficial for you. If you’re an Amazon and Whole Foods loyalist, then the Amazon Prime Rewards Visa Signature Card could be a good option.
Keep Reading: Best Cash Back Credit Cards
Balance Transfers
On the other hand, if you have existing debt that you need a good amount of time to pay off without interest, the Wells Fargo Reflect Card offers 0% intro APR for a total of 18 months plus a 3-month extension. That’s 21 months in which you could pay down your debt significantly!
As you can see, whichever card is going to be the best one for you needs to be carefully weighed up against your shopping habits, wants, and needs. Don’t be afraid to shop around, even if you think you know which card you want to go for.
Be sure to investigate the full perks and welcome bonuses, as well as the terms and conditions of each card to make certain that you’re choosing the right card for you.
Keep Reading: Best Balance Transfer Credit Cards
Pros And Cons Of High Limit Credit Cards
Pros
- You can make large purchases safely, if needed
- Can positively affect your credit score (as long as you only use a percentage of your credit limit)
- High credit limit cards often carry excellent rewards and benefits.
Cons
- Spending beyond what you can afford can put you into (further) debt
- If you carry a balance, high-interest rates will likely outweigh any benefits
- Fees can be high
Frequently Asked Questions
What is the highest-limit credit card I can get?
Ultimately, your credit limit will be determined by the bank according to your personal circumstances and credit rating. Bear in mind that just having an excellent credit score will not automatically mean that you’re eligible for a credit limit in the tens of thousands!
What is considered a high credit limit?
Anything over $5,000 is considered a high credit limit. There is some evidence that banks have issued credit limits around the six-figure mark, though this is quite rare and dependent on assets and income.
Can I get an increase on the credit limit on a card I already have?
Yes. Your bank or card issuer may even do an automatic review around the 6–12 month mark.
They’ll make this judgment call based on your spending habits, ability to pay your balance each month, and what percentage of credit limit you’ve used each time.
It is also possible to request that your credit limit is increased, but be wise and only utilize this option if you really have to. Bear in mind, too, that your bank may refuse your request, which could affect your credit score.
Can high limit credit cards affect your credit score?
As with all credit cards: yes, your credit score could be affected either positively or negatively. It’s all down to how you use it.
Specifically, if you have a higher credit limit then your credit utilization ratio could be lower. This helps to improve your credit score, as it shows that you are spending responsibly. Remember, a credit utilization rate of less than 30% is ideal.
However, when you apply for a credit card or an increase in your limit, a line of hard inquiry is opened on your credit score – which negatively affects it. This then stays on your report for up to two years.
What happens if I go over my credit limit?
If you haven’t opted in to over-limit protection, then your card will likely be declined for your purchase if you go over your credit limit.
If you have opted in, then your payment will likely go through. However, your card issuer can charge you up to $25 in the first instance, and $35 for the next (within 6 months).
Regardless, the fee will not be larger than the amount that you exceeded your limit.