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High Limit Credit Cards

High limit credit cards are your reward for excellent credit.

Anyone searching for credit cards for excellent credit  should already understand one of the key perks of these cards: a high credit limit that will cover all your big purchases while leaving plenty of extra credit available too.

High credit limit credit cards generally require excellent credit, and while many do have a nominal annual fee, an additional benefit of having a high limit credit card is simplifying your spending. No more exceeding your credit limit. No more splitting costs between credit cards. Just one of our recommended high limit credit cards in your wallet is all you'll need.

Credit cards with high limits do more than just make your spending simple; they improve your personal finances too. How? Consider the average high limit credit card features lower interest rates and in many cases better rewards programs.  Plus, having a high credit limit means lowering your credit utilization ratio and improving your credit scores. It's important for consumers to use less than 30% of their available credit, but it's ideal to use less than 10%.

Adding a high limit credit card to your credit profile goes a long way towards lowering that credit utilization ratio, making it especially useful for consumers with good credit who are hoping to finally jump into the excellent credit tier.

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Intro APR
N/A
Regular APR
15.24%, 19.24% or 23.24% based on your credit worthiness
Balance Transfer
0% introductory APR for the first twelve billing cycles
0%
Within 45 days of account opening

Barclaycard CashForward™ World MasterCard® Highlights

  • Get a $100 cash rewards bonus after you spend $500 in purchases in the first 90 days after account opening
  • Earn unlimited 1.5% cash rewards on every purchase
  • Every time you redeem, get a 5% cash rewards redemption bonus to use toward your next redemption
Hide More Info
Intro APR
N/A
Regular APR
16.24% or 20.24%* Variable
Balance Transfer
12 Months
0%
within 45 days of account opening

Barclaycard Arrival Plus™ World Elite MasterCard® Highlights

  • Earn 40,000 bonus miles after you spend $3,000 on purchases in the first 90 days — that's enough to redeem for a $400 travel statement credit
  • Earn 2X miles on all purchases
  • Get 5% miles back to use toward your next redemption, every time you redeem
Hide More Info
Intro APR
n/a
Regular APR
16.24%, 20.24% or 24.24% Variable
Balance Transfer
12 Months
0%
within 45 days of account opening
Show More Info

High Limit Credit Cards - Simplify Your Spending

High limit credit cards are generally reserved for consumers with excellent credit. Consider a high limit credit card your reward for having an extensive, impressive credit history. What's there to love about high limit credit cards? Let’s start with the obvious - more credit.

There are some serious benefits to having a higher credit line, but one that often goes unnoticed is that it becomes harder to exceed a 30% credit utilization ratio on your credit card. Ideally, you want to use less than 30% of your credit limit in order to maximize your credit scores; this obviously becomes easier to maintain when you have a credit card with a high limit.  So maintaining your hard-earned excellent credit is yet another reason to apply for a high limit credit card.

Great rewards opportunities is an additional benefit of having a high limit credit card.  High limit credit cards quite often offer some of th best credit card rewards opportunities on the market, especially during intro periods.

Here are some things to consider when applying for a high limit credit card:

1.) Sign-up bonus opportunities:  Is the spending threshold to earn the most cash back or miles reasonable for my budget?

2.) Are my rewards limited?:  We always recommend unlimited rewards cards when applying for a high limit credit card, or a cash back credit card in general.

3.) Do my rewards expire?:  Again, no expiration date is ideal on credit cards rewards. Once you determine the high credit limit rewards program that works for you, it’s time to dial in on why a high limit credit card is especially useful...

4.) You won’t have to worry about dividing bigger purchases amongst several cards. (i.e. They make life simpler.)

5.) You’re less likely to exceed your limit.  Of course, we never recommend flirting with your credit limit. With high limit credit cards, you’re less likely to exceed your limit.

6.) Stay loyal. When one card is all you need, you can build your rewards more consistently. This goes back to the simplicity of only needing one card in your wallet. (However, you don’t want to cancel those other cards as this can hurt your credit score.)

So there you have it; high limit credit cards make life simple, allow rewards to accrue faster, and they can help keep your credit score right where it should be (excellent, of course).