Secured Credit Card With A High Limit Capability

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Often, CreditCardBroker.com is presented with several specific questions on secured credit cards about high credit limits. One question is:

Which secured credit card has the highest credit limit capability?

Before we answer that question, let us first explain what that question means. As you know, or should know, or will find out now, a secured card requires a security deposit when opening the account. Why? Because the bank simply does not trust you yet as you have no credit or bad credit, so they want you to put up some money as collateral as a precaution in case you decide to default on paying your credit card debt. (NEVER DO THAT!)

You will notice that each secured card offer has it own terms and conditions on their website, so always be sure to read that for each offer so you fully understand the terms. One of the items in the terms and conditions will be the both minimum credit limits and maximum credit limits.

The minimum credit limit is the absolute lowest possible credit limit and security deposit permitted. You will notice that most secured cards have a minimum deposit requirement of usually $200 to $300. (note: There is one secured card today that has a condition of no deposit required. Click that link to your left <<<< if you would like to see the details and apply online!

Now, the maximum credit limit is a cap on how much the bank will permit you to deposit as collateral on your secured credit card. Historically, most banks cap maximum limits anywhere from $500 to $1000 or even $2000. But in recent days, we are seeing banks raise these limits as higher limits are more desirable with regards to your utilization numbers and some other factors people look at when trying to build credit.

Now, back to the question of Which secured card has a high credit limit feature.

There is a new card offer we are marketing here at CreditCardBroker.com, and its called the Sable ONE Secured Credit Card. They just announced that their MAX credit limit is $10,000! To date, this is the HIGHEST credit limit we have ever seen for a secured credit card offer! And not only that, but on the flip side, that have a $0 minimum deposit requirement as well. Now of course you need to deposit something to start using it, but the point is, you an start to deposit money for whatever amount you want and get started today!

You can apply for the Sable ONE Secured Card below:

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