Compare high limit balance transfer credit cards

Pay off consolidated debt with a low intro APR offer.

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If you want to pay off your debt faster, consider transferring it to a balance transfer credit card with a low or 0% introductory interest rate.

But if you have more than one credit card balance or want to transfer a larger debt, a high credit limit balance transfer credit card might be a better fit. These cards give you more available credit, which also means you can consolidate more debts onto one card.

Our pick for a potentially high-limit transfer card

Citi Simplicity® Card

  • No Late Fees, No Penalty Rate, and No Annual Fee... Ever
  • 0% Intro APR on balance transfers for 21 months from date of first transfer. All transfers must be completed in first 4 months. After that, the variable APR will be 14.74% - 24.74%, based on your creditworthiness.
  • 0% Intro APR on purchases for 12 months from date of account opening. After that, the variable APR will be 14.74% - 24.74%, based on your creditworthiness.
  • If you transfer a balance with this offer, after your 0% Intro purchase APR expires, both new purchases and unpaid purchase balances will automatically accrue interest until all balances, including your transferred balances, are paid in full
  • There is a balance transfer fee of either $5 or 5% of the amount of each transfer, whichever is greater.
  • The standard variable APR for Citi Flex Plan is 14.74% - 24.74%, based on your creditworthiness. Citi Flex Plan offers are made available at Citi's discretion.
  • Stay protected with Citi® Quick Lock and $0 liability on unauthorized charges
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Compare credit cards with high balance transfer limits

Providers rarely share the credit limits they offer, but according to readers these cards tend to have higher-than-average limits. Even so, a high limit isn’t guaranteed. You should have good to excellent credit if you’re applying for these offers; the better your creditworthiness, the more likely you’ll qualify for a higher limit.

%
Name Product Amount saved Balance transfer APR Balance transfer fee Recommended minimum credit score Filter values
Citi Simplicity® Card
0% intro for the first 21 months (then 14.74% to 24.74% variable)
$5 or 5% of the transaction, whichever is greater
670
With an intro APR of 21 months, this card has one of the longest balance transfer offers on the market. Plus, no late fees and no annual fee.
Citi® Diamond Preferred® Card
0% intro for the first 21 months (then 13.74% to 23.74% variable)
$5 or 5% of the transaction, whichever is greater
670
A market-leading balance transfer intro APR of 21 months and 12 months on purchases. Plus Citi Entertainment℠ for deals on dining and going out.
Citi® Double Cash Card
0% intro for the first 18 months (then 13.99% to 23.99% variable)
$5 or 3% of the transaction, whichever is greater
670
This one of the most valuable flat cashback cards. It comes with 2% cash back (1% when you buy plus 1% when you pay) and 18 months months to pay off transfers.
Blue Cash Everyday® Card from American Express
0% intro for the first 15 months (then 12.99% to 23.99% variable)
$5 or 3% of the transaction, whichever is greater
670
Earn a $150 bonus statement credit after you spend $1,000 on purchases in the first 3 months. Rates & fees
CardMatch™ from creditcards.com
See issuer's website
300
Use the CardMatch tool to find cards you're likely to qualify for with your credit score, without a hard pull on your credit.
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High limit balance transfer cards

Information on maximum credit limits can be sparse. Most of what exists is anecdotal, and the limits included are estimations based on reviews and details provided by credit card issuers.

Your assigned credit limit will vary based on several factors, including your creditworthiness. To receive a higher credit limit, you’ll likely need a good to an excellent credit score.

Credit cardEstimated maximum limit
Blue Cash Everyday® Card from American Express$25,000
Blue Cash Preferred® Card from American Express$25,000
Luxury Card Mastercard® Black Card™$25,000
Chase Freedom Unlimited®$20,000

Why does a high credit limit matter on a balance transfer credit card?

Credit card providers use your credit limit to determine how much debt you can transfer to a new card. While some cards will let you transfer up to 100% or 95% of your credit limit, others may cap it at 70%.

For example, if you had $10,000 worth of credit card debt and got a balance transfer card with a $10,000 credit limit, you might not be able to transfer all the balance to the new card.

A balance transfer card with a higher credit limit of $12,000, on the other hand, is more likely to allow you to move the whole debt. So the higher your credit limit, the more likely you are to meet requirements to get your full balance transfer approved.

How to compare high limit balance transfer cards

Consider the following factors when comparing high credit limit balance transfer credit cards to determine your best option:

  • Balance transfer offers.
    The market is inundated with 0% intro APR balance transfer offers, but you’ll need to make sure the offer is long enough to consolidate your entire debt. If you have a large debt, you might want to consider a long-term balance transfer of 12 to 24 months, whereas a smaller debt might only require a 6-month balance transfer offer.
  • Balance transfer fees.
    Most high credit limit balance transfer cards charge a one-off balance transfer fee of 3% to 5% of the total debt you move to the new card. Make sure you check for this cost and factor it in before you apply so you know exactly how much you’ll pay for the card you choose.
  • Annual fees.
    High credit limit balance transfer cards have annual fees that can run up to $450, so you’ll need to factor this cost in when choosing your balance transfer offer.
  • Standard balance transfer APRs.
    At the end of the introductory period, the balance transfer interest rate will revert to a higher standard rate. Checking this interest rate before you choose a card and factoring it into your payment plan can help you avoid hefty interest costs down the road.

What to watch out for

Avoid these pitfalls to get the most out of a high credit limit balance transfer credit card.

  • Not paying off the balance before the intro offer ends.
    Any remaining balance at the end of the introductory period will be charged the higher standard rate, which could make it a lot harder to pay down.
  • Making purchases on the new card.
    New purchases can attract interest at the standard purchase rate, and you may not have access to any interest-free days. This also means that any payments you make on the card will go toward the new purchase balance before your transferred debt, so it could take longer and cost more to pay off the card in full.
  • Not factoring in fees.
    Balance transfer fees, annual fees, and other charges will all add to your credit card debt. Consider them when deciding if a balance transfer is worth it.
  • Minimum payments.
    Credit cards have minimum payments between 2% and 3% of the total balance, and you’ll need to meet this requirement each month to keep the account in good standing.
  • Declined applications.
    High credit limit balance transfer cards usually have higher application requirements, including high minimum incomes. Make sure you meet the eligibility conditions to lessen the chances of your application being declined and your credit score being affected.
  • Canceling cards.
    Once the balance transfer is complete, you’ll be responsible for managing or canceling any of the old cards.

How to apply for a balance transfer credit card

Follow these steps to apply for a high balance transfer credit limit credit card today.

  1. Compare cards.
    Compare balance transfer credit cards with high credit limits to find one that suits your needs.
  2. Fill out the application.
    You’ll be asked to provide a range of details including your full name, residential address, driver’s license or passport number and employment details.
  3. Include supporting documentation.
    Credit card providers might require a range of supporting documents to complete your application, such as copies of your driver’s license, birth certificate, passport and pay stubs.
  4. Provide details for the balance transfer.
    During your application, you’ll be asked to provide details of any accounts that you wish to transfer balances from including the account name and number, financial institution and the total debt you want to move to the new card.
  5. Submit the application.
    You should get a response within a few minutes either on the webpage or via email.

Upon a successful application, the credit card company will contact you to finalize the application and issue your card. After that, you should get the card within 5 to 10 working days, although it could be up to 21 days depending on the issuer.

After you obtain your card

With some cards, you might need to activate it before the issuer completes the balance transfer process. Keep in mind that this could take an additional two weeks to complete and you’ll need to continue to make any required payments on your existing accounts during this time.

Once you’ve found the right card and your transfer has gone through, keep the following in mind:

  • Make sure the old card has been paid off.
    While you may be able to check your statement online, there’s the chance that a charge or fee hasn’t shown up yet. Check with the credit card issuer to be sure it’s completely paid off.
  • Consider keeping your old card open.
    Your credit utilization, how long you’ve had the credit and the on-time monthly payments all contribute towards a positive shift in your credit profile. Leaving your old card open can keep your utilization low and history longer.
  • Plan within the promotional period.
    To take full advantage of the low or 0% introductory rate, you’ll want to pay off the entire balance before the period ends and the rate reverts.
  • Make timely payments
    Late payments can end your introductory rate early. Keep up with your monthly bills and pay at least the minimum to get the most out of the promotional period.

What happens if your limit is too low?

Too low of a credit limit may not be as much of a hindrance as it seems. Here are some different ways you can deal with your transfer amount being more than the maximum limit:

  • Transfer what you can.
    Transfer as much of the balance that you can to the new card and take advantage of the introductory rate. During this time, you’ll still need to make minimum payments on your original card and the new one.
  • Request a higher limit.
    Try to request a higher credit limit from the provider. It’ll require calling the issuer or visiting a local office, and there’s no guarantee that the provider will agree to it.
  • Seek an alternative.
    When transferring only a portion of your balance or the credit card issuer won’t raise your limit, it may be time to look for another means if you’re set on moving your debt. A personal loan could give you the maximum limit you need, but you likely won’t benefit from the type of promotion a balance transfer credit card offers.

Bottom line

Consolidating your debt with a high credit limit balance transfer credit card can make it easier and faster to clear the balance because you get the benefit of a lower interest rate and only have to make one monthly payment. Now that you know more about these types of cards, you can compare offers and find an option that suits your needs.

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