$5,000 Limit Credit Cards – Guaranteed Approval (2024)

The Bank of America® Customized Cash Rewards Secured Credit Card is the best credit card with nearly guaranteed approval that can give you a $5,000 credit limit. It accepts applicants with bad credit, and you can place a refundable security deposit of up to $5,000 for a credit limit equal to the amount you put down. The Bank of America® Customized Cash Rewards Secured Credit Card also gives 1 - 3% cash back spent on purchases, and it has a $0 annual fee.

In general, your chances of being approved for a $5,000 limit credit card are best if you apply for a secured credit card that allows you to deposit $5,000. The deposit acts as your spending limit, which prevents you from spending more than you can afford to repay. Secured cards don’t guarantee approval, but they’re the closest you’ll get.

Best Secured Credit Cards for a $5,000 Limit

It is also worth noting, there are other high limit credit cards with great rewards that offer credit limits of $5,000, at a minimum, but they require at least good credit for approval. Examples include the Chase Sapphire Preferred® Card and the Chase Sapphire Reserve® card. With these types of cards, approval for an account is far from guaranteed, but if you have a high enough credit score and enough income to be approved, you should get a limit of at least $5,000.