Our pick for a high limit secured card: Capital One Platinum Secured Credit Card
from $49
Security deposit
- Put down a refundable security deposit starting at $49
- $200 initial credit line
- $0 annual fee
- See rates & fees
Secured card credit limits depend on your deposit. For example, if you deposit $200, your credit limit is $200, and a high credit limit of $5,000 requires a $5,000 deposit. The reason you need a secured deposit is for the provider to use your funds to cover your balance if you fail to pay your card bill.
You may find credit cards with maximum limits from $1,000 up to $10,000. The secured cards with the highest credit limits have no maximum limits at all.
Here’s a list of cards that offer high maximum deposits. Note that while the DCU Visa® Platinum Secured Credit Card and SDFCU Savings Secured Visa Platinum Card are listed as having no maximum deposits, this is subject to change based on the credit unions’ discretion.
Card | Minimum deposit | Maximum deposit | Annual fee | |
---|---|---|---|---|
Capital One Platinum Secured Credit Card | $49 | See terms | $0 | |
OpenSky® Secured Visa® Credit Card | $200 | $3,000 | $35 | |
Merrick Bank Secured Credit Card | $200 | $3,000 | $36 | |
DCU Visa® Platinum Secured Credit Card | $500 | Unlimited* | $0 | |
SDFCU Savings Secured Visa Platinum Card | $250 | Unlimited* | $0 | |
Wells Fargo Secured Credit Card | $300 | $25,000 | $25 | |
U.S. Bank Secured Visa® Card | $300 | $5,000 | $0 | |
BankAmericard® Secured Credit Card | $300 | $4,900 | $0 | |
Discover it® Secured | $200 | $2,500 | $0 | |
Citi® Secured Mastercard® | $200 | $2,500 | $0 | |
UNITY Visa® Secured Credit Card | $250 | $10,000 | $39 |
Secured-card limits vary widely, often from $1,000 to $10,000. With some providers, you’ll find no maximum limits. There are many great secured credit cards to choose from, so take your time and compare multiple options.
Kudos is a free app that helps match your rewards so you can earn more than double in cash back at popular stores.
Finder predicts that roughly 132 million Americans will buy something on Black Friday and spend $60 billion on sale items!
Porch piracy is alive and well, but there are ways to protect your deliveries this holiday season.
Americans love a good deal, but how many people will be shopping Black Friday sales this year?
See how to save money when shopping for Halloween candy, costumes or getting a head start on holiday shopping with Kudos and other hacks.
Getting your credit score from less than good to great.
Use these five tips to get more from your credit card spending and help organizations you care about without hurting your finances.
Practical tips for protecting yourself from credit card fraud.
Americans are forecast to spend $1.1 billion on Thanksgiving turkeys in 2023.
Finder looks into the cost of a pumpkin for 2023 which shows Americans plan to spend $843.6 million pumpkin bill for Halloween.