Best high limit credit cards

A credit card with a high limit is likely going to be one of the most useful things you’ll have in your wallet. Greater spending power, a better credit score and more rewards for your spending are just some benefits that come to mind. It’s also rather handy if you want to take advantage of lengthy 0% APR periods available on some cards to finance a big purchase.

Our team has compiled the list below of the best credit cards for high limits:

Best high limit credit card for travel rewards: Capital One® Venture® Rewards Credit Card

Capital One® Venture® Rewards Credit Card
Capital One® Venture® Rewards Credit Card
Enjoy a one-time bonus of 50,000 miles once you spend $3,000 on purchases within 3 months from account opening, equal to $500 in travel.

Why it’s the best 

The Capital One Venture Rewards Credit Card offers double miles for every purchase — with no annual limits, expiration dates or rewards categories to worry you. A knock-out feature is the ability to transfer your miles to more than ten travel loyalty programs.

The 50,000 bonus miles will bring you closer to your next holiday if you spend $3,000 on purchases in the first three months. There are plenty of travel perks, such as no blackout periods, travel accident insurance, auto rental collision damage waiver and up to $100 in credit for Global Entry or TSA PreCheck. It’s value-packed for an annual fee of $95, waived in the first year.

Bonus points:

  • Includes roadside assistance for auto emergencies like jump-starting, towing and changing tires.

Best high limit credit card for cash back rewards for families: Blue Cash Preferred® Card from American Express

Blue Cash Preferred® Card from American Express
Blue Cash Preferred® Card from American Express
Earn a $250 statement credit after you spend $1,000 in purchases on your new Card within the first 3 months.

Why it’s the best

The Blue Cash Preferred® Card from American Express is great for families. The market-leading 6% cash back at U.S. supermarkets up to $6,000 per year in purchases (then 1%), and the 6% cash back on select U.S. streaming subscriptions will appeal to many. The 3% cash back at U.S. gas stations and transit will win over remaining skeptics.

Making back your $95 annual fee will require spending just $31 per week on groceries — an easy target for most households. When considering the costs of gas, parking and transport, it’s easy to see how your rewards are supercharged with this card.

Bonus points:

  • Welcome bonus: Receive $250 in statement credit if you spend $1,000 in purchases in the first three months.
  • Returns protection: Get a refund from Amex for an eligible purchase that a seller won’t take back, provided you return the item to Amex within 90 days.

Best high limit credit card for flexible rewards points: Chase Sapphire Preferred® Card

Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card
Earn 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $750 toward travel when you redeem through Chase Ultimate Rewards®.

Why it’s the best

The Chase Sapphire Preferred Card is a real hit with travel aficionados. What differentiates this card is the ability to transfer reward points to Chase’s 13 airline and hotel partners at a 1:1 ratio, so you’re spoiled for choice with travel options.

But being part of Chase’s Ultimate Rewards Program means you’re not stuck with just travel rewards — redeem points for cash back, gift cards, statement credits and more. Yes, the rewards rate of 2X points on travel and dining is pretty standard given the $95 annual fee, but look beyond this, and you’ll see a broad spectrum of benefits that’s hard to beat.

Bonus points:

  • Better value for travel redemption: Points are worth 25% more when redeeming through Chase Ultimate Rewards.
  • Great travel buddy: Coverage for trip cancellations and delays, baggage delay and auto rental collision damage waiver. No foreign transaction fees.

Best high limit credit card for travel with no annual fee: Capital One® VentureOne® Rewards Credit Card 

Capital One® VentureOne® Rewards Credit Card
Capital One® VentureOne® Rewards Credit Card
$0 annual fee and no foreign transaction fees.

Why it’s the best

The Capital One VentureOne Rewards Credit Card is ideal for moderate travelers who love the idea of travel rewards but loathe annual fees. While the rewards rate of 1.25 miles per dollar is unexceptional, it applies to every purchase, so you’re getting something back for your day-to-day spending without having to worry about limits and rewards categories. The welcome bonus of 20,000 miles will be handy for your next vacation, provided you spend $1,000 within the first three months.

With the ability to transfer your VentureMiles to more than ten travel partners and broad travel-related perks, the VentureOne Rewards is great for budget-conscious globetrotters.

Bonus points:

  • Low interest period: Save on interest with 0% APR for 12 months, then the go-to variable rate of 13.74% -23.74% after that.
  • Great travel companion: No foreign transaction fee, complimentary 24-hour travel assistance services, auto rental collision damage waiver and travel accident insurance.

Best high limit credit card for dining and entertainment: Capital One® Savor® Cash Rewards Credit Card

Capital One® Savor® Cash Rewards Credit Card
Capital One® Savor® Cash Rewards Credit Card
Earn a one-time $300 cash bonus after you spend $3000 on purchases within the first 3 months from account opening.

Why it’s the best

The Capital One Savor Cash Rewards Credit Card is one of the best cash back cards on the market for dining and entertainment. Ideal for those whose idea of a good time involves eating and going out, you get unlimited 4% cash back on restaurants, fast food outlets, cafes, movies, sporting events and much more. 

The 2% cash back at grocery stores is in line with the market rate, but there is a waived $95 annual fee in the first year. You won’t have to keep track of rotating categories, and the welcome offer of $300 is great if you manage to spend $3,000 on purchases in the first three months.

Bonus points:

  • Redeem anytime: Points won’t expire if the account remains open, and there is no minimum redemption.
  • Shop with confidence: You’ll get an extended warranty on eligible items.

Best high limit credit card for first-year cash back bonus: Discover it® Cash Back Card

Discover it® Cash Back
Discover it® Cash Back
Intro Offer: Discover will match all the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.

Why it’s the best

The Discover it® Cash Back Card offers an attention-grabbing 5% cash back for the first $1,500 spent on quarterly rotating categories each time you activate. Yes, you’ll have to pay attention to the rewards calendar, but categories are announced at the beginning of the year, giving you plenty of time to plan your spending.

Discover will also match the cash back you’ve earned in the first 12 months, which can potentially land you a lucrative bonus. With no annual fee and a 0% APR for a decent 14 months, then the go-to variable rate of 13.49% to 24.49% after that, this card is great if you’re happy to put in the effort to maximize your cash back.

Bonus points:

  • Earn points easily: The broad rotating categories are likely to match the spending of many cardholders.
  • Redeem to suit you: Receive cash back as statement credits, direct deposit or a donation to select charities. Use rewards to shop on Amazon or buy gift cards.

Best high limit credit card for flat-rate cash back: Capital One® QuickSilver® Cash Rewards Credit Card

Capital One® Quicksilver® Cash Rewards Credit Card
Capital One® Quicksilver® Cash Rewards Credit Card
One-time $150 cash bonus after you spend $500 on purchases within 3 months from account opening.

Why it’s the best

While the 1.5% rewards rate is by no means market-leading, the Capital One Quicksilver Credit Card is a winner when it comes to simple rewards. The flat-rate cash back applies to all purchases, with no caps or limits. 

The welcome bonus of $150 isn’t huge, but you’ll only need to spend $500 in the first three months to qualify. The 0% APR period of 15 months; 15.74%-25.74% variable APR after that will save you a lot of interest on purchases and balance transfers. Better still, there are no annual or foreign transaction fees.

Bonus points:

  • Redeem to suit you: Receive rewards as cash back, statement credit, offset for a recent purchase or gift cards. Rewards won’t expire for the account’s life.
  • Travel with confidence: Complimentary travel accident insurance and auto rental collision damage waiver paired with 24-hour travel assistance services.

Kristie Kwok

Kristie Kwok is a finance content writer with in-depth knowledge of the banking industry from her previous work experience in banks such as UBS, Lloyds Banking Group and Royal Bank of Scotland. She is a qualified accountant with a Bachelor of Commerce degree, specializing in Accounting and Finance.