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high limit cards with no annual fee

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Aim_High
Super Contributor

Re: high limit cards with no annual fee


@cashorcharge wrote:

Big Spend = Big Limits!

Often times, cards get to these "high" limits after being opened for a while and with significant spend and payments to match.  

Purusing the Approvals Threads....you can get an idea of how "high" others have received out the gate 

 


^^ This.

For starting limits, we can talk about which cards get better limits and there are generally some variations, even with the exact same profile.  Over time, the way to drive any card to high limits is all about the money.  That can be the big spend, as @cashorcharge pointed out, but it can also be related to a large amount of assets invested with that institution (or) simply a very high income - high FICO - clean profile where the lender is trying to get a larger chunk of your spending. 

When it comes to the spending, almost (ANY) card can become a high limits card if enough spending is placed on it and enough time has elapsed.  While some institutions place an upper limit on credit limits per card or overall, many will customize those to the consumer and may even waive those for the "right person."  YMMV.

Business Cards


Length of Credit > 42 years; Total Credit Limits > $947K
Top Lender TCL - Chase 156.4 - BofA 99.9 - CITI 97.5 - AMEX 95.1 - NFCU 80.0 - SYCH - 65.0
AoOA > 32 years (Jun 1993); AoYA (Oct 2024)
* Hover cursor over cards to see name & CL, or press & hold on mobile app.
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