Credit Cards With $5,000 Limit and Guaranteed Approval

You can get the U.S. Bank Cash+® Secured Visa® Card easily by making a security deposit of a minimum of $300 to a maximum of $5,000 and meeting the basic eligibility requirements. Applicants can get approved for a $5,000 credit limit on this card by making an equal deposit. It also comes with high cash back awards that can be redeemed in multiple ways such as in the form of statement credit, gift cards, or to make direct purchases.

U.S. Bank Cash+® Secured Visa® Card offers a 5% cash back in two categories of choice and also on air, hotel, and card reservations made through the Rewards Travel Center. Moreover, cardholders are entitled to 2% cash back on an everyday category of choice like gas stations and grocery stores, and unlimited 1% on all other purchases.

This card does not have an annual fee but it charges a foreign transaction fee of 3% of the purchase, and a late and returned payment fee of up to $41. Upon responsible use of the card, applicants can build up a good credit score over time and be upgraded to an unsecured credit card with even higher limits.

U.S. Bank Altitude® GO Secured Visa® Card credit limit is set by the amount of security deposit made. You can deposit any amount between $300 and $5,000 to set your desired credit limit and get approved for the card. This is a secured card that does not require a credit history or a minimum score for approval.

The U.S. Bank Altitude® GO Secured Visa® Card comes with high rewards and benefits. Cardholders can earn up to 4x points on restaurant delivery, dining, and also takeout. 2x points are awarded on everyday categories including grocery stores and delivery, streaming services, gas stations, and EV charging stations. On all other eligible purchases, you can earn 1x points. There is also a $15 streaming credit offered for Netflix and Spotify.

This card uses Visa as its payment network which is accepted worldwide and it also charges no foreign transaction fees which can make international transactions easier and cheaper. Moreover, there is no annual fee associated with the card but there is a charge for late and returned payments.

Bank of America® Customized Cash Rewards Secured Credit Card credit limit starts from $200 to $5,000 and depends on the amount of security deposit made and the income of the applicant. To get the maximum credit limit of $5,000, an equal amount of deposit must be made and the applicant must have enough income to be able to make the repayments. You can apply for this card with an SSN, an ITIN, or a passport.

Bank of America® Customized Cash Rewards Secured Card helps to build or rebuild credit as it reports to the major bureaus monthly. It also offers good cash back rewards including a 3% cash back on a category of choice, 2% on grocery stores and wholesale clubs, and an unlimited of 1% cash back on all other purchases. It charges no annual fee but a foreign transaction fee of 3% of the purchase made, and a late payment penalty of up to $40.

Bank of America® Unlimited Cash Rewards Secured Credit Card has easy-to-track cash back. Its simple cash back rewards allow the cardholders to earn an unlimited 1.5% cash back on all purchases regardless of the category.

This card is helpful in building credit and applicants with no or poor credit score can also get this card by making a security deposit of a minimum of $200. You can choose the credit limit of choice as the credit line you get is equal to the deposit made. Moreover, there is no annual fee associated with the card. It does, however, charge a penalty on late payments. There is also a foreign transaction fee associated with the card which may make international purchases more expensive.

Applied Bank® Secured Visa® Card advertises guaranteed approval without a credit check upon paying the minimum security deposit and meeting the age and residency requirements. The credit limit on this card is equal to the security deposit made which at the time of application starts at $200 and can go up to $1,000. You can increase your credit limit to a maximum of $5,000 by making additional deposits after the application is approved.

You can also build credit by responsibly using the Applied Bank® Secured Visa® Credit Card as it reports to the three credit bureaus. This card does not offer any rewards but its low fixed interest rates may help individuals save more compared to other cards with higher rates. However, there is an annual fee of $48 charged. This card also charges a foreign transaction fee of 3% and a penalty of up to $38 on late or returned payments.

With Petal® 2 Visa® Credit Card, you can get a credit limit between $300 and $10,000 depending on your creditworthiness and income. This card is easier to get compared to other unsecured credit cards as it does not have a minimum credit score requirement. Applicants with all levels of credit or no credit can apply for this card and also get approved as long as they have a strong verifiable cash flow to make the repayments and have the required debt-to-income ratio. However, applicants with lower credit scores will have to pay a higher interest rate.

Petal® 2 Visa® Credit Card can be cheaper to manage comparatively due to its no-fee policy. This card charges no annual fees, foreign exchange fees, late payment fees, or returned payment fees. Cardholders are also entitled to a cash back of 1% to 1.5% on all purchases. New card members start by earning 1% cash back and with time, the percentage increases to a maximum of 1.5% after 12 months of making on-time payments. You can also build credit with this card and track it for free via their app.

Applicants who have a good credit score and above, good income, and no current debt can qualify for a minimum of $5,000 credit limit with the Chase Sapphire Preferred® credit card. Some people may be approved for higher limits with excellent scores and high incomes.

Chase Sapphire Preferred® credit card comes with high benefits, most of which are directed towards travel. New members can earn 60,000 bonus points on spending $4,000 in the first 3 months from account opening. These points are equal to $750 that can be redeemed through Chase Ultimate Rewards® for travel.

Moreover, this card offers 5x points on travel purchased through their rewards app, and 2x points are awarded on all other travel purchases. You can also earn 3x points on grocery, streaming services, dining, delivery, and takeout. On all other purchases, you can earn 1x point on every dollar spent. However, there is an annual fee of $95 associated with the Chase Sapphire Preferred® credit card and it charges a penalty on late and returned payments.

Capital One Venture Rewards Credit Card allows a credit limit of a minimum of $5,000 but it requires the applicant to have an excellent credit score, high income, and a clean credit history for approval. It is a great travel card due to the travel-related rewards and benefits it offers.

It offers rewards in the form of miles that can be redeemed in the form of travel purchases, through PayPal, and on Amazon.com. There is a 2x miles awarded on every purchase and 5x on hotels and rental cars booked through Capital One Travel. New card members get 75,000 bonus miles on spending $4,000 on purchases within the first quarter. This card also charges no foreign transaction fee. Other travel-related benefits associated with this card include travel accident insurance, 24-hour travel assistance services, auto rental collision damage waiver, and access to Capital One Lounge at airports.

Capital One Venture Rewards Credit Card, however, charges an annual fee of $95 and a late payment fee of up to $40.