For those whose credit profile is not that great, finding an unsecured credit card with a limit of $1000 can be challenging. This guide looks at credit cards with high limits for those with bad credit profiles. Consider them if you cannot qualify for cards that offer rewards for purchases, signup bonuses, balance transfer promotions, an introductory 0% APRs.
Surge Mastercard
Continental Finance offers the Surge Mastercard, which Celtic Bank issues. It’s a straightforward card with no fraud liability and a $1,000 initial credit limit. Expect a hefty APR as well as fees for monthly maintenance, overseas transactions, cash advances, additional cards, expedited phone payments, and late or returned payments. If you pay your bills on time for at least six months, you may be eligible for a greater credit line of up to $2,000.
Reflex Mastercard
The advantage of this credit card is that even those without a credit history can get the card. It offers the same benefits as the Surge Mastercard since the same sponsor and issuer offer it. All credit types do apply.
Merrick Bank Double Your Line Platinum Visa Credit Card
The card offers higher credit limits than Reflex and Surge’s offer, but fees are almost the same. You can build your credit score as you pay your bill each month. There is a one-time setup fee, and purchase APR is lower, and if you pay your monthly bill in full, you can avoid interest.
Capital One Platinum Credit Card
The credit limit of this card is $300-500, and you get a higher limit after five months if you pay your monthly bill on time. There are no annual fees, and the card has fraud coverage if the card gets lost.
Capital One QuicksilverOne Cash Rewards Credit Card
You can get an unlimited 1.5% cash back on purchases with this card, and you get to enjoy cash rewards without signing for rotating categories. In addition, you can qualify for a higher credit line within six months, and the card has 40 fraud liability.
