Credit Limit | Credit Card Topics

Best Cards by Credit Limit: $1k, $10k, $50k, $100k+

By: Eric Bank, 1/6/2021

Credit card credit limits can vary from $200 for consumers with bad credit to more than $1 million on super-premium cards for the rich and famous. In this article, we identify the best credit cards classified within four different credit limit categories. This way, you’ll know the right cards to get no matter what credit limit you qualify for. $1k Limits | $10k Limits | $50k Limits | $100k Limits Credit Cards Under $1k Limits The credit cards in this category are aimed at... read more »

Highest Credit Card Credit Limits by Category in 2021

By: Eric Bank, 11/19/2020

Running afoul of credit card credit limits can be a mortifying experience. Imagine being told by the waiter that your card has been declined as your guests look on in embarrassment. You soon find out that your sumptuous dinner for eight puts you way over your card limit. That’s when you resolve that you’ll never go over your credit card limit again. And here you are -- reading all about the credit cards with the highest limits. Naturally, you’ve resolved to maintain reasonably... read more »

What to Do After a Credit Limit Decrease

By: Marcie Geffner, 4/13/2020

A credit limit increase comes with big benefits. It lets you spend more with your card and earn more points, cash back, travel, and other rewards. A credit limit increase also gives you more credit so you can make larger purchases with your card. It allows you to carry a higher balance if that's appropriate for you. It may boost your credit score and enable you to get better offers from lenders for other types of credit, such as a mortgage, car loan or personal loan. For some, a... read more »

How Credit Card Companies Determine Credit Limits

By: John Ulzheimer, 3/3/2020

When you apply to open a credit card, the card issuer will tell you how much you’re allowed to charge on the account at any given time upon being approved for the card. This maximum spending cap is known as your credit limit. But when you apply for that card, have you ever wondered what exactly the issuing bank does to determine your credit limit? First things first, having a higher credit limit may be helpful for several reasons. First, it gives you more buying power or... read more »

3 Ways to Get a Credit Card Limit Increase without Asking

By: Marcie Geffner, 10/16/2019

Lots of good things are free just for asking, and some good things may be free even without asking. One such example is an increase in your credit limit for one or more of your credit cards. The advantage of getting a credit limit increase (CLI) without asking is that if you request a CLI, the issuer likely will use a hard pull to review your credit scores. A hard pull can knock a few points off your score. If you're given an automatic CLI, or auto-CLI, there's a better chance your... read more »

12 Best Credit Cards with No Spending Limit (Personal & Business)

By: Brittney Mayer, 5/28/2019

Although the average American has credit card limits in the $20,000 range, single card limits tend to be lower, and that figure drops exponentially for consumers with low credit scores. The average subprime credit card offers a limit of around $500. Many personal credit card users can likely get by with a modest limit, but low spending limits may start to get in the way when it comes to large purchases like replacing your appliances or paying for a family vacation. Similarly, a... read more »

16 Best High-Limit Credit Cards for Excellent Credit

By: Brittney Mayer, 3/1/2019

Ah, the view from the top is lovely indeed. Excellent credit is an achievement that signals you have built a long and healthy credit history. As your reward, you get more lending options, lower interest rates, and, yes, higher credit limits. Indeed, it's fair to say that there are more high-limit credit cards for excellent credit than there are for all the other credit types combined. That's because a high credit score not only provides you with access to more high-limit cards, but... read more »

When To Request a Higher Credit Card Limit

By: Marcie Geffner, 2/22/2019

There are plenty of reasons to request a higher limit for one or more of your credit cards. With a higher limit, you might be able to: • Charge bigger purchases • Be better prepared for financial emergencies • Earn more card rewards • Boost your credit scores • Get lower rates/fees for a new mortgage or car loan Sure, those are all great perks of being able to access more credit but how do you know when to request a higher credit limit? Asking for a higher limit... read more »

13 Best High-Limit Credit Cards for Bad Credit in 2021

By: Brittney Mayer, 12/10/2018

The following article highlights some of our favorite high limit credit cards for bad credit, including cards with no annual fee, secured cards, unsecured cards, and business cards. The internet is full of information. While only a portion of that information is actually correct, you can typically get a decent idea of the facts by exploring a few different sites and picking out the kernels of truth between them. Take credit building. Although each blogger and expert seems to have... read more »

Flexible Spending Credit Cards: What They Are & Top 3 Cards

By: Brittney Mayer, 2/2/2018

Imagine having no limits. Without limits, you could eat all you wanted, play all you wanted, and buy all you wanted, never giving a thought to if it were "too much." Sadly, the real world has lots of limits. There is a finite limit on how much food a stomach can actually hold, for instance — regardless of how many large mammals one may contemplate devouring in the interminable hours between breakfast and lunch. But while your stomach lining may have limits, you can still... read more »

2021 Chase Slate: Credit Limit, Benefits & How to Pre-Qualify

By: Brittney Mayer, 11/29/2017

With a credit card lineup that includes over 20 different options, it's safe to say Chase likely has a credit card right for just about any situation. Looking for awesome travel rewards? Earn Ultimate Rewards points with your Chase Sapphire Preferred card. Want cash back? The Chase Freedom Flex℠ and Chase Freedom Unlimited cards give you two different cash back options. And if you need a solid balance transfer credit card with no costly fees, then the Chase Slate credit card is a... read more »

How to Increase Your Wells Fargo Credit Limit

By: Brittney Mayer, 11/22/2017

Whether you make a lot of large purchases for your home or business, or simply spend a lot on small things that seem to add up fast, your card's credit limit can make or break your ability to finance your purchases. With your trusty Wells Fargo credit card, however, you have several options for obtaining a higher credit limit. This includes requesting a higher limit by phone or online, as well as applying for a brand new Wells Fargo card, hopefully with a higher initial limit. Call... read more »

10 Best Credit Cards for Fair Credit with High Limits

By: Ray FitzGerald, 11/20/2017

If your credit's not exactly the best, but it's not the worst in the world either, you may fall into the fair credit category. This can present some challenges, but in this article we'll take a look at the best credit cards for fair credit, with high limits. I spent the first hour of a recent trip in a rental car line. While a man nearby taught me a few new interesting words, the customer at the counter struggled to complete a reservation she made months before. Most companies... read more »

Discover it® Card: Credit Limit, Benefits & Pre-Qualify Online

By: Adam West, 11/3/2017

If you've ever redeemed cash back rewards and felt the contentment of a penny well saved, then you may owe a bit of gratitude to Discover. You see, the credit card giant was the first global issuer to discover the power of credit card rewards — pioneering the cash back rewards program in the process. Today, Discover is one of the world's largest credit card issuers, and over 38 million people carry Discover cards worldwide. The issuer's popular Discover it® line of credit cards... read more »

Capital One Platinum Credit Card Credit Limit (Pre-Qualify Now)

By: Ashley Dull, 10/11/2017

Having a fair credit score is a little like being in the middle of recovering from a bad haircut. You no longer feel the need to put on a hat every time you leave the house -- but you're definitely not winning any "Awesome Hair" awards. To most of those building their credit, the most awesome thing about their fair credit score is that it isn't a bad credit score. This means they can say farewell to subprime cards, and a big howdy-hey to the mainstream credit card market. Of... read more »

Capital One Venture Rewards Credit Card Credit Limit & Benefits

By: Brittney Mayer, 9/19/2017

The Capital One Venture Rewards Credit Card credit limits and benefits are a cut above a number of other credit cards out there today. And consumers may be eligible to pre-qualify online. Read on for a deeper dive into this Capital One credit card. Founded in the mid-1990s, Capital One is a relatively young bank, a veritable teenager among its centenarian counterparts like Chase and Citibank. While most consumers likely best know Capital One for its series of commercials starring... read more »

2021’s Chase Sapphire Credit Limit & Benefits: Pre-Qualify Online

By: Ashley Dull, 8/10/2017

Its history ranging back to the early days of America, JPMorgan Chase, or simply Chase, is one of the country's oldest banks. It's also one of the largest, issuing more consumer credit cards than any other bank in the US and serving millions of customers from its more than 5,100 branches. With a current stable of 22 personal, business, and co-branded credit cards, Chase definitely has something for nearly everyone, but one of its most lauded offerings is the Chase Sapphire... read more »

Chase Freedom Credit Limit & Benefits (2021) — Pre-Qualify Online

By: Brittney Mayer, 7/14/2017

Though commonly referred to simply as "Chase" by consumers, Chase Bank -- or, formally, JPMorgan Chase & Co. -- can trace its lineage all the way back to 1799 New York City, and a savvy water company by the name of The Manhattan Company. Since that time, Chase has continuously expanded, growing as a company and merging with a number of notable banks, to become the largest bank issuer of consumer credit cards in the US. Part of the reason for the bank's success in consumer credit... read more »

2021 Capital One Quicksilver Cash Rewards Credit Card Credit Limit & How to Pre-Qualify Online

By: Brittney Mayer, 6/21/2017

Waiting to learn how much your new Capital One Quicksilver Cash Rewards Credit Card credit limit will be can add even more anxiety to the general nervousness that can accompany submitting a credit card application for approval. The 60 seconds it often takes for the computer page to refresh with your answer can seem like an eternity as you impatiently wait (and hope) for those magic words: "Congratulations, you've been approved!" But simply being approved isn't always enough to... read more »

Capital One® Credit Steps Program (3 Things to Know)

By: Linsey Knerl, 4/28/2016

Getting approved for a credit card is a great first step toward building credit and opening up more opportunities for financing. Credit card companies like Capital One make it easier than ever for those with bad or average credit to start down the road to recovery. The Capital One® Credit Steps Program is a little-known perk designed specifically for those wanting to prove their creditworthiness. Below are three things you should know if you own, or are considering applying for,... read more »

6 Expert Tips → How to Increase Credit Limit (Citi)

By: Amber Brooks, 3/7/2016

To increase the credit limit on your Citi card account, you have a few options available for quick and easy service. We've outlined the steps to request a higher limit from your Citibank credit card login page, choose a new credit card, or find out more information about credit limits. If you're ready to jump ahead, use the links below: Call or Log in Online | Choose a New Card | 6 Expert Tips 1. Contact Citi by Phone or Log In to Your Online Account As a cardholder, you can... read more »

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