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This question is about Credit Cards for Bad Credit
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Lisa Cahill, Credit Cards Moderator
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The best high limit credit card for bad credit is the Bank of America® Customized Cash Rewards Secured Credit Card with a credit limit of $200+. "High limits" for bad credit will be very different from high limits for better credit scores, though. Most people with high credit scores looking for high-limit credit cards want $10,000+. That’s not going to be possible with credit cards for bad credit, unless you place a deposit of $10,000+ too. With the Bank of America® Customized Cash Rewards Secured Credit Card, your deposit becomes your credit limit and you can deposit up to $5,000.
You can aim for a limit of a few hundred dollars with poor credit. But just getting approved usually is the biggest priority for people with bad scores.
Best High Limit Credit Cards for Bad Credit
Chime Credit CardMinimum Credit Limit: $200
Ongoing Rewards: N/A
Annual Fee: $0
Minimum Credit Required: Bad
- Bank of America® Travel Rewards Secured Credit Card
Minimum Credit Limit: $200
Ongoing Rewards: 1.5 points per $1 spent on all purchases
Annual Fee: $0
Minimum Credit Required: Bad
- U.S. Bank Cash+® Visa® Secured Card
Minimum Credit Limit: $300
Ongoing Rewards: 5% cash back on two categories of your choice (up to $2,000 each quarter), 5% back on prepaid air, hotel and car reservations booked in the Rewards Travel Center, 2% back on your choice of one everyday category (like gas stations, EV charging stations, grocery stores or restaurants) and 1% back on all other purchases
Annual Fee: $0
Minimum Credit Required: Bad
- Bank of America® Unlimited Cash Rewards Secured Credit Card
Minimum Credit Limit: $200
Ongoing Rewards: 1.5% cash back on all purchases
Annual Fee: $0
Minimum Credit Required: Bad
- Bank of America® Customized Cash Rewards Secured Credit Card
Minimum Credit Limit: $200
Ongoing Rewards: 3% cash back in a category of your choice, 2% back at grocery stores and wholesale clubs (up to $2,500 spent quarterly in the 3% and 2% categories combined), and 1% back on all other purchases
Annual Fee: $0
Minimum Credit Required: Bad
With secured cards, you always have to put down a security deposit. This deposit then acts as your credit line. Secured credit cards are a popular choice for individuals with bad credit since it’s easy to get approved. In addition to easier approval, secured cards usually have lower fees as well.
In general, you likely won’t get a very high credit limit with bad credit. However, these cards are a great place to start and you can always request a credit limit increase once you’ve had your account open for at least six months.
This answer was first published on 03/11/21 and it was last updated on 05/20/24. 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.
Bank of America® Travel Rewards Secured Credit CardMinimum Credit Limit: $200
Ongoing Rewards: 1.5 points per $1 spent on all purchases
Annual Fee: $0
Minimum Credit Required: Bad
U.S. Bank Cash+® Visa® Secured CardMinimum Credit Limit: $300
Ongoing Rewards: 5% cash back on two categories of your choice (up to $2,000 each quarter), 5% back on prepaid air, hotel and car reservations booked in the Rewards Travel Center, 2% back on your choice of one everyday category (like gas stations, EV charging stations, grocery stores or restaurants) and 1% back on all other purchases
Annual Fee: $0
Minimum Credit Required: Bad
Bank of America® Unlimited Cash Rewards Secured Credit CardMinimum Credit Limit: $200
Ongoing Rewards: 1.5% cash back on all purchases
Annual Fee: $0
Minimum Credit Required: Bad
Bank of America® Customized Cash Rewards Secured Credit CardMinimum Credit Limit: $200
Ongoing Rewards: 3% cash back in a category of your choice, 2% back at grocery stores and wholesale clubs (up to $2,500 spent quarterly in the 3% and 2% categories combined), and 1% back on all other purchases
Annual Fee: $0
Minimum Credit Required: Bad
With secured cards, you always have to put down a security deposit. This deposit then acts as your credit line. Secured credit cards are a popular choice for individuals with bad credit since it’s easy to get approved. In addition to easier approval, secured cards usually have lower fees as well.
In general, you likely won’t get a very high credit limit with bad credit. However, these cards are a great place to start and you can always request a credit limit increase once you’ve had your account open for at least six months.
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