Editor’s note: This is a recurring post with regularly updated card details.
Some businesses need the flexibility to charge both moderate everyday expenses and large one-off purchases on one credit card. The best high-limit business credit cards offer credit limits from $15,000 to more than $100,000 along with stellar rewards. However, you’ll need a credit score of at least 750 to qualify for the highest credit limits.
The best high-limit business credit cards are:
- American Express Business Platinum Card®: Best overall for no preset spending limit
- Chase Ink Business Preferred®: Best for earning huge introductory rewards on large balances
- Brex Card for Startups: Best for large startup expenses with no personal guarantee
- Capital One® Spark® Cash for Business: Best for earning flat-rate cash back on fluctuating expenses
- American Express Blue Business® Plus: Best for above-limit spending with no annual fee and 0% introductory annual percentage rate (APR)
American Express Business Platinum Card®: Overall Best High-limit Business Credit Card
The Business Platinum Card® from American Express
BEST FOR
Gaining access to unrivaled travel rewards and luxury travel perks like airport lounge access
- Welcome Offer: Earn 120,000 Membership Rewards® points after you spend $15,000 on eligible purchases with your Card within the first 3 months of Card Membership.
- Plus, 0% Intro APR for 12 months from the date of the account opening on purchases eligible for Pay Over Time. After that, your APR will be 14.24% to 22.24% based on your credit worthiness and other factors as determined at the time of account opening.
- Get 5X Membership Rewards® points on flights and prepaid hotels on amextravel.com.
- Earn 1.5X Membership Rewards® points on eligible purchases in key business categories, as well as on purchases of $5,000 or more everywhere else. Cap applies.
- Unlock over $1,000 in value per year for statement credits on select purchases with your Card, including up to $400 with Dell Technologies, up to $360 with Indeed, up to $150 with Adobe and up to $120 on wireless telephone purchases. Enrollment required.
- $200 Airline Fee Credit: Get up to $200 in statement credits per calendar year toward baggage fees and more at one qualifying airline.
- $179 CLEAR® Credit: Use your Card and get up to $179 back per year on your CLEAR® membership.
- Access to more than 1,300 airport lounges across 140 countries and counting with The American Express Global Lounge Collection®. More lounge options than any other credit card on the market as of 8/2020.
- $595 Annual Fee ($695 if application is received on or after 01/13/2022).
- Terms Apply.
Pros
- Free access to more than 1,300 airport lounges worldwide
- Global Entry or TSA Pre✓® membership fee reimbursements
Cons
- Balance is due in full monthly
- Steep $595 annual fee
- American Express lounges: Free access to American Express’ network of Centurion lounges located in slightly less than a dozen US airports.
- Other airport lounges: Priority Pass Select membership, which gets you free access to more than 1,300 lounges worldwide for you and two guests.
- Airport screening: Either a $100 statement credit for Global Entry every 4 years or $85 statement credit for TSA Pre✓® once every 4 1/2 years.
- Travel credit: Up to $200 annual statement credit toward air travel expenses like baggage fees and inflight food and drink.
- Rental status: Elite status at a number of car rental agencies.
- Free Wi-Fi: 10 annual free Gogo inflight Wi-Fi passes.
- Rebate for redeemed points: 35% points rebate if you book a business or first-class flight, up to 500,000 bonus points per calendar year.
- Dell statement credit: Up to $400 in statement credits annually for Dell purchases.
Why we like it: The American Express Business Platinum Card® ranks the highest because it offers outstanding spending flexibility. This has no preset spendincg limit, so it’s easy to make high-dollar purchases. Unlike typical credit cards, the Card allows you to carry a balance for certain charges, but not all. Plus, because it offers excellent rewards, it’s also one of the best small business credit cards available. If you spend $5,000 or more each month, you’ll earn this card’s generous welcome offer quickly.
Cardholders can carry a balance on qualified purchases with the American Express Pay Over Time feature. It’s a great tool for owners who need a little extra time to pay back larger expenses. However, those purchases will accrue interest until fully repaid.
This card isn’t only great for its massive buying power, it’s also one of the best cards for business travelers. You’ll get unlimited airport lounge access to more than 1,300 lounges worldwide, a statement credit for CLEAR® Credit ($179), and a $200 annual travel credit. These world-class travel benefits will help offset the card’s annual fee.
Chase Ink Business Preferred®: Best for Earning Huge Introductory Rewards on Large Balances
BEST FOR Maximizing travel rewards at a lower annual feeInk Business Preferred® Credit Card
Pros
Cons
Why we like it: Even if your business doesn’t normally incur substantial expenses, you should still consider Chase Ink Business Preferred®. This card earns top-tier ongoing rewards on common monthly expenses, including shipping, travel, and even social media advertising. When high spending is the norm, you can easily earn this card’s hefty sign-up bonus—the largest on the list. However, you’ll need excellent credit to access this card’s highest limit.
It’s not uncommon for business credit cards to cap rewards categories at $25,000 to $50,000 each year. However, with this card, you’ll earn rewards on its highest-tier spending categories up to $150,000 in spending annually. You’ll also earn great rewards on internet, cable, and phone purchases. All this makes using this card to bankroll high-dollar purchases worthwhile.
Brex Card for Startups: Best for Large Startup Expenses With No Personal Guarantee
Brex Card for Startups
BEST FOR
No personal guarantee and startups with investment funding
- The First Corporate Card for Startups - perfect for tech companies and other early-stage corporations based in the US with professional funding
- No personal liability or security deposit needed - no credit score impact
- The best rewards for startups: earn points on spend with industry-leading multipliers: 7x on rideshare, 4x on travel, 3x on restaurants and 2x on software subscriptions
- Minimum of $100,000 of funds in corporate bank account and US EIN required
- Easy, online application - get a virtual card in 5 minutes or less and a physical card in the mail shortly thereafter
- Limits 10x - 20x higher than traditional business cards
- Embedded Expense Management Software - never save receipts again and integrate with all major accounting software
- No Foreign Transaction Fees
- Build Business Credit - Brex partners with Experian to report your on-time payments
Pros
- No personal guarantee or security deposit
- Stellar rewards and available credit limits
Cons
- Must have $100,000 in a corporate bank account
- Balance is required to be paid in full
- Capture receipts: Access easy expense tracking through the Brex app. You can upload your receipts and Brex will automatically match them to your statement. You can also submit receipts via text and email.
- Expense management: Brex integrates with QuickBooks®, NetSuite®, Expensify®, and Xero™ for accounting made easy.
- Add your team: Instantly add new users, issue cards, and set and track specific spending limits for everyone on your team.
Why we like it: Choosing a business credit card that has enough available credit to support your new business can be tricky. Brex is a great option for startups looking to access business capital with no personal guarantee. This card offers credit limits 10 to 20 times higher than the average corporate credit card. Plus, it’s the only business card with a rewards category specifically for ongoing software subscriptions like Salesforce, GitHub, and Slack.
Brex also offers excellent rewards on expenses you make frequently, including travel and rideshare. Plus, you’ll get above-average rewards on restaurant purchases, so team lunches and coffee shop meetings can earn you savings. When you’ve stacked up enough points, you can redeem them for free flights and hotels.
This card also offers big discounts on services like Amazon Web Services (AWS) and Google Ads. These discounts on paid subscription plans can reduce the cost of services your business needs to grow.
Capital One® Spark® Cash for Business: Best for Earning Flat-rate Cash Back on Fluctuating Expenses
Capital One® Spark® Cash for Business
BEST FOR
Earning unlimited 2% cash back
- Introductory reward worth $500 after you spend $4,500 within the first three months
- 2% cash back on every purchase
- Issue employee cards for free
Pros
- No limit to the amount of rewards you can earn
- Lucrative welcome offer
Cons
- Lacks a 0% APR offer
- Annual fee is only waived for 12 months
- Auto rental collision damage waiver: Coverage is primary—meaning it replaces any coverage your personal insurance might offer—when renting for business purposes. It provides reimbursement up to the actual cash value of the vehicle for theft and collision damage for most cars in the U.S. and abroad.
- Purchase protection: Covers your new purchases for up to 90 days against damage or theft up to $10,000 per claim.
Why we like it: Business owners who like to keep it simple will enjoy Capital One® Spark® Cash for Business. Because it’s a fixed-rate rewards card, it’s the perfect card for fluctuating business expenses. For owners with excellent credit scores (at least 800), this card offers high credit limits that can provide the funding your small business needs.
There’s also no need to keep up with spending categories because of the fixed-rate cash back rewards. You won’t need to spend time converting your rewards because you can redeem them as cash back. Additionally, with large purchases, you’ll earn a fairly large cash bonus in exchange for meeting specific spending requirements.
American Express Blue Business® Plus: Best for Above-limit Spending and 0% Introductory APR
The Blue Business® Plus Credit Card from American Express
BEST FOR
Pocketing 2x points per $1 and 0% introductory APR for 12 months
- Earn 15,000 Membership Rewards® points after you spend $3,000 in eligible purchases on the Card within your first 3 months of Card Membership.
- Earn 2X Membership Rewards® points on everyday business purchases such as office supplies or client dinners. 2X applies to the first $50,000 in purchases per year, 1 point per dollar thereafter.
- You’ve got the power to use your Card beyond its credit limit* with Expanded Buying Power.
- *The amount you can spend above your credit limit is not unlimited. It adjusts with your use of the Card, your payment history, credit record, financial resources known to American Express, and other factors.
- 0.0% intro APR on purchases for 12 months from the date of account opening, then a variable rate, 13.24% - 19.24%, based on your creditworthiness and other factors at account opening.
- No Annual Fee
- Terms Apply
Pros
- 0% APR for 12 months on purchases and balance transfer
- Earn 2x points on all spending
Cons
- No lucrative welcome offer
- 2x points rewards are capped at $50,000 in spending
- Extended warranty protection: American Express will match the length of the original manufacturer’s warranty if it’s less than 2 years. It provides an additional 2 years if the original manufacturer’s warranty is between 2 and 5 years. Coverage is limited to $10,000 per occurrence and $50,000 per account each year.
- Purchase protection: The issuer will repair, replace, or reimburse you for an item purchased with the card that was damaged or stolen within 120 days of purchase. Coverage is limited to $1,000 per occurrence and $50,000 per account each year.
Why we like it: American Express Blue Business® Plus has more than a potentially high credit limit. It also offers a lengthy 0% APR period long enough to save money on big-ticket purchases. You’ll earn fixed-rate rewards on common business expenses like office supplies without the annual fee that other high-limit cards charge. Plus, qualified cardholders can make purchases above the preset credit limit through its expanded buying feature.
Free of category restrictions, this flat-rate rewards card allows you to earn ongoing rewards on all your purchases—even those above your credit limit. However, the rewards rate drops by half on purchases after you spend more than $50,000 in a year. Businesses that spend more than that could be suited better for a cap-free rewards card instead.
Tip: If you want to earn cash back instead of points, consider its sibling card, the American Express Blue Business Cash™ Card. You’ll get the same great rewards rate, perks, and features while earning your preferred type of rewards.
How Much High Credit Limit Cards Allow Owners to Spend
Business owners who apply for credit cards with high credit limits should expect to receive a credit limit from $15,000 to more than $100,000. Some charge cards come without a preset spending limit, allowing you the flexibility to make large purchases without the need for a credit limit increase. However, you won’t know your credit limit until after you’re approved for a card.
How to Get the Best High-limit Business Credit Cards
Your credit limit is, in part, tied to your credit score, which means the highest credit limits typically are reserved for cardholders with high credit scores of at least 800.
Issuers take other factors into account as well, and a high credit score alone does not guarantee you’ll receive a high credit limit. If you receive a card and you find the limit low, there are ways to increase your credit limit. Make sure you don’t have too much debt relative to your financial resources and don’t make late payments before requesting a credit limit increase.
What Is the Average Credit Card Limit?
A high credit limit is a relative term because one business might need $10,000 of available credit to manage expenses while another might need $100,000. However, government data shows what the average credit card limit looks like by credit score:
- 720 to 850 credit score: Approximately $9,000
- 660 to 719 credit score: Approximately $5,000
- 620 to 659 credit score: Approximately $2,000
- 580 to 619 credit score: Approximately $1,000
Any credit limit greater than $9,000 is above average, but credit cards with the highest limits tend to offer much higher credit lines of $100,000 or more. Remember that if you don’t like your initial credit limit, you may be able to increase it over time. One way to increase your credit limit is to report your income to your card issuer regularly.
How We Evaluated High-limit Business Credit Cards
We looked for small business credit cards that either offer no preset spending limits or cards that have reported limits of $15,000 to more than $100,000. In addition, we considered other vital factors, including costs, rewards, and introductory 0% APR offers. We also prioritized cards that offer valuable additional features and flexible spending programs.
Bottom Line
Each of the high-limit credit cards on our list allows business owners with a credit score of at least 750 to enjoy credit limits of $15,000 to more than $100,000. Business owners can use these high limits to fund their monthly expenses or to pay for a planned large purchase. Be sure to know your credit score before applying.
For rates and fees on the American Express Business Platinum Card®, please click here.
For rates and fees on the American Express Blue Business® Plus Card, please click here.
