NEW YORK, NY--(Marketwired - Apr 10, 2014) - Today, CreditCardChaser.com, a leading website on credit cards, announced the credit cards with the highest limits. These cards are generally reserved for good-to-excellent credit consumers, and they add significantly to a user's available credit line. As a reward for having such great credit, consumers with a high credit limit won't have to worry about exceeding their credit limit or splitting costs between credit cards. In addition, high limit credit cards can improve a user's credit score by lowering his or her credit utilization ratio.
To create their ranking of the best high limit credit cards, Credit Card Chaser experts weighed several factors, including available credit lines, introductory offers, rewards programs, annual fees, customer reviews, and expert opinions. According to their findings, here are the best high limit credit cards on the market today:
As one of the top high limit credit cards, the Discover it card gives consumers a large amount of available credit. Users can also earn 5% cash back on up to $1500 spent in rotating categories (currently Home Improvement Stores, Furniture Stores, and Bed, Bath, & Beyond) and 1% cash back on all other purchases. There are no annual fees, overlimit fees, or foreign transaction fees, and a 0% intro APR on purchases and balance transfers for 14 months. Plus, cardholders receive free FICO credit scores on all monthly statements.
With the Barclaycard Arrival World MasterCard - Earn 2x on All Purchases card, consumers also have access to high credit lines. Users also earn 2x miles on all purchases, and 40,000 bonus miles when spending $3000 or more in purchases in the first 90 days. There are no mileage caps or foreign transaction fees, and cardholders get 10% miles back when redeeming for travel statement credits. There is a 0% intro APR on purchases and balance transfers for the first 12 months and complimentary FICO score access for all cardmembers.
The U.S. Bank FlexPerks Travel Rewards Visa Card rounds off CreditCardChaser's list of the best top high limit credit cards. This card has a high credit line, and users earn 1 FlexPoint for every dollar spent in net purchases, 2 FlexPoints on the category you spend the most on (gas, groceries, or airlines) and on most cell phone purchases, and 3 FlexPoints on qualifying charitable donations. Cardholders also earn 20,000 FlexPoints when spending $3500 in net purchases in the first 4 months. There is 0% intro APR on purchases and balance transfers for the first 12 months.
Here are the top high limit credit cards available for consumers today. For more information on various credit cards, access Credit Card Chaser: http://www.creditcardchaser.com/
About Credit Card Chaser:
Credit Card Chaser is an authority credit card site that offers innovative comparison tools, reviews, calculators, and reports to help consumers find the best credit card for them.