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This question is about High Limit Credit Cards
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Chip Lupo, Credit Card Writer
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A $3,000 credit limit is good if you have fair to good credit, as it is well above the lowest limits on the market but still far below the highest. The average credit card limit overall is around $13,000. You typically need good or excellent credit, a high income and little to no existing debt to get a limit that high.
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
High limit credit cards tend to be available to people with good or excellent credit. However, even having a credit card with a relatively low credit limit is helpful for your credit score, as long as you use the account responsibly. Plus, 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 03/28/24. 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
High limit credit cards tend to be available to people with good or excellent credit. However, even having a credit card with a relatively low credit limit is helpful for your credit score, as long as you use the account responsibly. Plus, after six months or more of on-time payments, you can generally ask for a credit limit increase.
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People also ask
What's a good credit card with a $3,000 limit to start?
The best credit card with a $3,000 credit limit is Chase Sapphire Preferred® Card. Its minimum limit is actually $5,000, so you’ll get more than $3,000 if you’re approved. Chase Sapphire Preferred does require at least good credit to qualify. There’s a $95 annual fee. In addition, Chase Sapphire Preferred gives 1 - 5 points per $1spent on purchases. And it offers a bonus of 60,000 bonus points for spending $4,000 in the first 3 months.
It’s not typical for a credit card to have a $3,000 minimum credit limit, even when it comes to good...
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What is a good credit limit?
A good credit limit is above $30,000, as that is the average credit card limit, according to Experian. To get a credit limit this high, you typically need an excellent credit score, a high income and little to no existing debt.
What qualifies as a good credit limit differs from person to person, though. For someone with no credit, for example, a $500 credit limit is good because most beginner credit cards start off with...
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Are there any credit cards for bad credit with a $3,000 limit?
The best credit card for bad credit with a $3,000 limit is the U.S. Bank Secured Visa® Card. With this card, it is possible to place a $3,000 deposit, which will serve as your credit limit. The minimum deposit is $300. The U.S. Bank Secured Visa® Card also comes with a $0 annual fee.
What You Should Know About High Credit Limits for Bad Credit
- The only way to get a $3,000 limit with bad credit is to place a...
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* WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: U.S. Bank Secured Visa® Card and OppFi® Card
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
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Important Disclosures
* WalletHub is committed to transparency and editorial independence. The information about the following cards has been independently collected by WalletHub: U.S. Bank Secured Visa® Card and OppFi® Card
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
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. Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.
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