Search
Ad Disclosure Ad Disclosure
Report Abuse
This question is about High Limit Credit Cards
see this user
Chip Lupo, Credit Card Writer
@CLoop
Permalink Report Abuse
Yes, a $50,000 credit limit is very good, as it is well above the average credit limit in America. The average credit card limit overall is around $13,000, and people who have limits as high as $50,000 typically have good to excellent credit, a high income and little to no existing debt.
Best High Limit Credit Cards
Best Overall:Chase Sapphire Preferred® CardChase Sapphire Preferred® CardLearn MoreLearn Moreon issuer's website- Highest Limit:Chase Sapphire Reserve®Chase Sapphire Reserve®Learn MoreLearn Moreon issuer's website
- No Annual Fee:Chase Freedom Unlimited®Chase Freedom Unlimited®Learn MoreLearn Moreon issuer's website
- Cash Back:Citi Double Cash® CardCiti Double Cash® CardLearn MoreLearn Moreon issuer's website
- Low Intro APR:Wells Fargo Reflect® CardWells Fargo Reflect® CardLearn MoreLearn Moreon issuer's website
It’s worth noting that even if you get a high limit credit card, your credit limit can still go up over time. After six months or more of on-time payments, you can generally ask for a credit limit increase.
This answer was first published on 10/11/22 and it was last updated on 05/17/24. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.
- Best Overall:Chase Sapphire Preferred® CardChase Sapphire Preferred® CardLearn MoreLearn Moreon issuer's website
- Highest Limit:Chase Sapphire Reserve®Chase Sapphire Reserve®Learn MoreLearn Moreon issuer's website
- No Annual Fee:Chase Freedom Unlimited®Chase Freedom Unlimited®Learn MoreLearn Moreon issuer's website
- Cash Back:Citi Double Cash® CardCiti Double Cash® CardLearn MoreLearn Moreon issuer's website
- Low Intro APR:Wells Fargo Reflect® CardWells Fargo Reflect® CardLearn MoreLearn Moreon issuer's website
It’s worth noting that even if you get a high limit credit card, your credit limit can still go up over time. After six months or more of on-time payments, you can generally ask for a credit limit increase.
2024's Best High Limit Credit Cards
2024's Best High Limit Credit Cards
Compare Cards
Compare Cards
People also ask
What are the best credit cards with $50,000 credit limits?
There are no credit cards with a $50,000 credit limit guaranteed. However, it is possible to get a credit card with a $50,000 credit limit if you have excellent credit, a very high amount in income and assets, and little debt (if any).
While there are no credit cards with a $50,000 minimum credit limit, there are some options with minimum limits of $5,000 or $10,000 that many people claim to have gotten $50K+...
read full answer
What is a credit limit on a credit card?
A credit limit on a credit card is the maximum dollar amount a cardholder can access for purchases, balance transfers, cash advances, fees and interest charges combined. Though credit card cash advances have their own credit limit, that limit is part of the overall credit limit.
A credit card’s limit is determined when the credit card applicant is first approved for an account, and it’s based on the applicant’s credit history, annual income, current...
read full answer
What is the highest credit card limit you can get?
The highest credit card limit you can get is over $100,000 according to reports from credit card holders. But like most credit cards in general, even the highest-limit credit cards will only list minimum spending limits in their terms. The best high limit credit cards offer spending limits of $10,000 or more.
In order to get $100,000+ in spending power, you need a lot of assets and income, little debt, and a spotless credit history. Let’s look at...
read full answer
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.
WalletHub is not a financial advisor. Our goal is to provide you with top-notch content, data, and tools. You are responsible for deciding what financial products and providers are best for your needs.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted.
Irrespective of whether an institution or professional is a paid advertiser, the presence of information on WalletHub does not constitute a referral or endorsem*nt of the institution or professional by us or vice versa.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. Actual terms may vary. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
* The information about the following cards has been independently collected by WalletHub: PNC Cash Unlimited℠ Visa Signature® Credit Card and The World of Hyatt Credit Card.
Related Content
- High Limit Credit Cards
- What is the highest credit card limit you can get?
- What is a high credit limit?
- How to Increase Your Credit Limit
- How is My Credit Limit Determined?
WalletHub Transparency
We are committed to being fully transparent with our readers. Opinions expressed here are the author’s and/or WalletHub editors'. WalletHub editorial content on this page is not provided, commissioned, reviewed, approved or otherwise endorsed by any company. In addition, it is not any company’s responsibility to ensure all questions are answered.
Related Categories
Credit Cards Credit LimitThis Week’s Top Experts
Dmitriy Fomichenko
President, Sense Financial Helpful Votes: 1255
Open
Grace Enfield
Content Writer Helpful Votes: 781
Open
Gina River
Member Helpful Votes: 2
Open
Best Offers
- Best Credit Cards
- Best Checking Accounts
- Best Savings Accounts
- Best Travel Credit Cards
- Best Cash Back Credit Cards
- Best Business Credit Cards
- Best Airline Credit Card
- Best Balance Transfer Credit Cards
Free Credit Data
- Free Credit Score
- Free Credit Report
- Free Credit Monitoring
Popular Content
- Credit Cards for Bad Credit
- Student Credit Cards
- 0% APR Credit Cards
- No Foreign Transaction Fee Credit Cards
- Business Credit Cards
- Chase Sapphire Preferred
- Capital One Venture
- Citi Double Cash
- Capital One Quicksilver
- Credit Score Range
Important Disclosures
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers. For full transparency, here is a list of our current advertisers.
Advertising impacts how and where offers appear on this site (including, for example, the order in which they appear and their prevalence). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
Advertising enables WalletHub to provide you proprietary tools, services, and content at no charge. Advertising does not impact WalletHub's editorial content including our best picks, reviews, ratings and opinions. Those are completely independent and not provided, commissioned, or endorsed by any company, as our editors follow a strict editorial policy.
WalletHub is not a financial advisor. Our goal is to provide you with top-notch content, data, and tools. You are responsible for deciding what financial products and providers are best for your needs.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted.
Irrespective of whether an institution or professional is a paid advertiser, the presence of information on WalletHub does not constitute a referral or endorsem*nt of the institution or professional by us or vice versa.
We work hard to show you up-to-date product terms, however, this information does not originate from us and thus, we do not guarantee its accuracy. Actual terms may vary. Before submitting an application, always verify all terms and conditions with the offering institution. Please let us know if you notice any differences.
* The information about the following cards has been independently collected by WalletHub: PNC Cash Unlimited℠ Visa Signature® Credit Card and The World of Hyatt Credit Card.
GET YOUR FREE CREDIT SCORE & REPORT
Join WalletHub
+ 100% FREE
+ Unlimited Credit Reports
+ Unlimited Credit Scores
+ Credit Monitoring Protection
+ Credit Improvement Tips
+ Automatically Finds Savings
No credit card needed
