High-limit credit cards will help you spend more without a confined limit monthly such as $650 or less. Unless you apply for a credit card, you might not know the spending limit implemented on it. However, there are some known best high limit credit cards with fair credits you should try. So this article contains all you need to know about the best high limit credit cards in 2022.
First of all, why should you get a high-limit credit card? Well, many benefits are attached to the cards for those with access to it. With such cards, you can get access to fair credits and increased rewards from the card provisional company. Transactions of up to $5000 to $20000 limits can be placed on the card, compared to a lower limit credit card with poor credits or average credits.
By applying for high limit credit cards with fair credits and getting the application approved, you can get additional benefits such as curbed flight fees, hotel fees, and lots more which include but are not limited to – a boost in credit score, the possibility to make payments at a cheaper rate even without paying transaction fees, and eligibility to apply for similar cards that provide more spending limits.
- 1 Best High Limit Credit Cards 2022
- 1.1 #1. SoFi credit card
- 1.2 #2. Apple credit card
- 1.3 #3. BlockFi credit card
- 1.4 #4. Capital One Venture Rewards Credit Card
- 1.5 #5. Chase Sapphire Reserve®
- 1.6 #6. Chase Sapphire Preferred® Card
- 1.7 #7. Chase Freedom Unlimited®
- 1.8 #8. Capital One QuicksilverOne Cash Rewards Credit Card
- 1.9 #9. Ink Business Preferred® Credit Card
- 1.10 #10. Petal® 2 “Cash Back, No Fees” Visa® Credit Card
Best High Limit Credit Cards 2022
We have listed the best high limit credit cards with fair credits you can apply for. Feel free to make your choice based on our unbiased review.
#1. SoFi credit card
SoFi credit card is a high limit credit card offered by Sofi, this card helps approved applicants to save, invest, and get credit cash back on their purchases. his high limit credit card offers options which are cash, crypto, Stocks/Fractional Shares through SoFi Invest, and cash. SoFi offers 0 APR, annual fee, 0 Foreign Transaction Fee, zero liability protection, rewards for spending on popular brands, cell phone protection for up to $1,000 dollars, and more. Applying for this card is a good decision since it will not affect your credit score except if you have been previously declined and then later approved which is known as a hard pull.
#2. Apple credit card
Apple credit card is a no-interest high limit credit card that offers lots of daily cash back for their products and partners like iPhones, iPads, Airpods, UberEATS, T-Mobile, and Nike. This is a useful high limit credit card for small businesses investing in Apple-branded products as it does not take fees like annual fees, foreign transactions, or late fees). Their mobile app provides more accessibility for its users like managing their accounts, color-coded transactions, account details, and statements of accounts. By applying for an Apple Card Family, users can share the card and add up to 4 participants.
#3. BlockFi credit card
BlockFi Credit Card fair credit is a crypto-focused credit card that pays approved applicants for their card in crypto. Users get 1.5% back of their purchases, and more after they spend up to $50,000 annually. BlockFi Credit Card offers rewards that will be redeemable monthly through their BlockFi Wallet which can be withdrawn or sent to an external wallet. BlockFi Credit Card also gives users Visa Credit Card and there are no annual fees or foreign transaction fees, and most importantly users can get pre-approved for this credit card with no impact on their credit score due to a soft pull.
#4. Capital One Venture Rewards Credit Card
Capital One Venture Rewards Credit Card is a high limit credit card with fair credits that offers users a one-time bonus of 75,000 miles (equivalent to $750) after spending up to $4,000 within 3 months of getting their card. The miles can be earned after every purchase and it does not expire, nor are there limits to the earnable miles. Furthermore, their annual fee is quite responsible, they charge about $95 annually while offering users up to a $100 credit for Global Entry or TSA PreCheck®. Users get to enjoy complimentary visits yearly to their Partner Lounge Network.
#5. Chase Sapphire Reserve®
Chase Sapphire Reserve® is a high limit credit card with a $10,000 minimum transaction limit. Users who spend $4,000 or more on purchases tend to get 60,000 bonus points ($900) in the first 3 months of getting their card delivered. It is a good high limit credit card for balance transfer because of its sign-up bonus, travel credits, airport lounge access, travel and dining rewards, and flexible travel point. Compared to Capital One Venture Credit Card, Chase Sapphire Reserve®’s annual fee is much higher – $550 APR.
#6. Chase Sapphire Preferred® Card
Chase Sapphire Preferred® Card offers you a $750 bonus when you spend $4,000 on purchases in the first 3 months of getting your high limit credit card in 2022. Also, you enjoy benefits such as a $50 annual Ultimate Rewards Hotel Credit, Travel rewards, Dining rewards, Flexible travel points, and Consumer and travel protections. Users who activate their cards by December 31, 2024, get a free $0 delivery fee and lower service fees for a year. Their annual fee is cheap, they charge $95. This is so far a top-rated high limit credit card with fair credits with their 60,000 points welcome offer.
#7. Chase Freedom Unlimited®
As a high limit credit card with fair credits should be, Chase Freedom Unlimited® allows users to earn up to $300 if they spend $20,000 in the first year. Additionally, there are no limits to the redeemable offers for cash back, they also do not expire as long as the user’s account is still live. It is a high limit credit card with 0 apr, mostly for the first 15 months, and does not take any annual fee, however, there is a foreign transaction fee. Chase Freedom Unlimited® is a fair credit high limit credit card you may want to apply for.
#8. Capital One QuicksilverOne Cash Rewards Credit Card
Capital One QuicksilverOne credit card gives unlimited 1.5% cash back on every purchase daily to its users. There are no limits on the earnings, nor is there a fixed timeline the cashback offer expires. They give users a stress-free $0 Fraud Liability, so unauthorized charges are handled by the company. This is a fair and average credit high limit credit card due to the unavailability of transaction fees, though there are no bonus offers and the interest rate is kind of high.
#9. Ink Business Preferred® Credit Card
Ink Business Preferred® Credit Card offers a redeemable $1,000 cash back or $1,250 toward travel through Chase Ultimate Rewards® when a user spends $15,000 on purchases in the first 3 months of getting their credit card. What other offers are available? Their card users will also be able to redeem points for cash back, travel, and even gift cards. They also offer Zero Liability just as Capital One QuicksilverOne credit card does – this means you would not be responsible for unauthorized charges or change of account information. The card’s annual fee is $95, quite low and affordable, however, there is a spending minimum for their sign-up bonus.
#10. Petal® 2 “Cash Back, No Fees” Visa® Credit Card
Those who apply for Petal® 2 Visa® high limit credit card with fair credits, it does not have any fee charges such as late fees, foreign transaction fees, and annual fees. Their variable APRs range from 13.74%-27.74%, however, their credit limits for users are around $300 – $10,000. No deposits are required, and users are able to check if their card will be approved within minutes without it affecting their credit score negatively.
These are the best high limit credit cards with fair credits you can consider applying for. There are more fair credit high limit credit cards not listed here, so let us know the ones you can recommend through the comment box below. Don’t forget to share this article with family and friends.