Top $5,000 Limit Credit Cards

Author: Artem Hihach

Do you want a credit card with a fixed $5,000 limit? The advantage of a high credit limit is numerous. You may utilize your credit limit in full to make a significant purchase and then pay it off in reasonable installments. However, maxing out your credit limit is a good financial practice.

Many credit card companies do not make their credit limits public. However, some include the minimum credit limit in their terms. In most cases, credit limits are approved based on credit score and income.

If you end up with a smaller credit limit than you expected, you can seek an increase by calling your issuer or submitting a request online. If you made consecutive on-time payments for some months, certain issuers may automatically increase your credit limit.

Today, we will be walking you through some credit cards with a $5,000 credit limit. 

Chase Sapphire Preferred® Card: $5,000 Minimum Limit

The Chase Sapphire Preferred Card is a popular travel reward credit card with a $5,000 credit limit. The credit card also allows its users to earn 5 points for every dollar spent on tickets booked through the Chase travel portal and 3 points for restaurant and entertainment, streaming services, and online grocery purchases (excluding Target, Walmart, etc).

Here are other ways to claim rewards

• Each account anniversary year, you can earn up to $50 in statement credits for hotel stays paid via Chase Ultimate Rewards
• Earn 5x total points on all Chase Ultimate Rewards® travel purchases, excluding hotel purchases.
• Annual Ultimate Rewards Hotel Credit
• Earn twice as many points on all other travel purchases
• Earn three times the points for meals, which include eligible delivery services, takeout, and eating out

Chase Sapphire Reserve®: $10,000 minimum limit

The Chase Sapphire Reserve comes with a minimum credit limit of $10,000 and several benefits new and existing users can enjoy.  

As a new cardholder of the Chase Sapphire Reserve card, you call earn 50,000 bonus points when you spend $4,000 on purchases in the first 3months of account approval. The point is worth 50% extra if you redeem them for travel using the Chase Ultimate Rewards portal. Additionally, cardholders are qualified for a $300 travel credit every year.

The Chase Sapphire Reserve comes with an annual fee of $550, but it offers great benefits that can help you recoup the expenses. 

U.S. Bank Secured Visa® Card: $300 to $5,000 Limit

Aside from letting users buy what they need, and pay in monthly installments. A credit card is a great tool to build your credit score. As a new user, you can get up to $300 to $5,000 with the U.S Bank Secured Visa Card. Although the higher end of the range might not be considered appropriate by everyone who wants to build their credit, it provides flexibility if you can afford the deposit. 

Shockingly, the U.S. Bank Secure Visa Card doesn’t offer extra features and it doesn’t charge an annual fee either. You are also at liberty to choose your payment due date. 

Conclusion

If you are looking for a credit card with a $5,000 limit or seeking a way to boost your credit score, reading the information in this post can make your dream come true in no time.