These are the best high-limit credit cards for your financial needs. Amex offers its highest cashback on U.S. supermarkets, giving 6% cashback on your grocery purchases. There is a cap of $6,000 per year before the rate drops to 1% thereafter. You can also receive 6% cashback on streaming subscriptions when you use your card to pay your bill. Extra bonuses include 3% back on transit, gas, and other purchases with $120 in credit for Equinox+ memberships. Additionally, you receive a $250 welcome bonus in statement credits when you spend $3,000 in purchases within the first six months. To start, there is a 0% introductory APR that lasts for 12 months on purchases and balance transfers, then variable APR 18.74% - 29.74%. Pros
Flexible rewards categories
Intro APR
Cons
Ongoing Annual fee Foreign transaction feesSpending caps apply
New cardholders receive 75,000 bonus miles when you spend $4,000 within the first three months. There is an annual fee, but there are not any transaction fees to rack up international costs. Pros
Intro bonusPremium rewardsNo transaction fees
Cons
Expensive annual feeExcellent creditNot for occasional travelers
Depending on creditworthiness, there is a competitive variable APR of 20.49% - 27.49%. You will have to pay an annual fee, which is less than $100, making it better than American Express cards. Pros
Elevated dining and travelIntroductory offerTransfer partners
Cons
Annual fee appliesBest rewards with Chase travelNo introductory APR
The Sapphire Reserve includes 10x the points on hotels and car rentals after your first $300 spent on travel, and you book through Chase Ultimate Rewards with 5x the points on flights and 3x the points on other travel annually after your first $300 in travel purchases and when you book through Chase Ultimate Rewards. If you stick with Ultimate Rewards for points redemption, your points are worth 50% more. Just beware - the annual fee is high at well over $500. Pros
Introductory bonusUpgraded benefitsEasy to redeem
Cons
Expensive annual feeLimited categoriesExcellent credit required
There are no category restrictions, and Citi does not cap your earnings, so you can earn as much as you want. There is no annual fee, saving you $500 and more when compared to American Express, Pros
Unlimited rewardsIntro APRDouble cashback
Cons
Balance transfer feeForeign transaction feeLacking welcome bonus
Credit limit. Many credit cards cap credit limits at a certain amount, so finding one with a credit limit in the thousands can be a difficult find. This determines how much you will be able to spend on your credit card until it is maxed out.Qualification. credit card issuers consider a number of factors when deciding whether to approve an application and which APR to give. Generally, credit cards with high limits require good to excellent credit in order to qualify.Credit score. Your credit score shows issuers whether you are reliable and can be depended upon for reliable payments. Those with a rocky payment history are likely to face higher interest rates.Rewards. Many credit cards offer specific rewards on certain purchases, like miles for travel purchases or points for gas and groceries.
Be sure to review a credit card company’s terms and conditions for fees and rates, as well as rewards information. If your credit score does drop, you’re okay! You still have options. We recommend that you look into a credit card for bad credit. Using one will help you rebuild your credit as you borrow and repay. For other expert recommendations, check out our credit card reviews for the most exclusive credit cards, the best crypto credit cards, and the best credit cards for good credit.
