When it comes to credit cards, bigger is not always better. While some consumers may be looking for a flashy card with bells, and whistles, and a sky-high credit limit, others want to avoid the temptation of managing a lower limit.
Some of our limited credit cards may require good or better credit. Your credit score usually determines your initial loan limit, but if you want to lower your debt, you can contact the lender and ask for a lower rate. times you agreed.
1. Discover it® Cash Back — $300+ line of credit
The Discover it® Cash Back Card offers one of the best cash-back programs in the credit card space, thanks to its quarterly bonus.
2. Chase Freedom Unlimited® — $500+ credit limit
Chase Freedom Unlimited® gives you access to Chase Ultimate Rewards, one of the most powerful rewards programs in the credit space. This Visa card has slightly higher approval standards, but the initial credit limit will be low. Some reviewers suggest starting with a $500 spending limit.
3. Discover it Miles – $1,000+ credit limit
With Discover it® Miles, you can earn cash back by paying for travel that makes visiting places you’ve always dreamed of easier and cheaper. Unlike a credit card, the initial free loan for A miles request is slightly higher, with a reported minimum of $1,000.
4. Invest A Platinum Secured Credit Card – $200 credit limit
With the Capital One Platinum Secured Credit Card, you don’t have to worry about your credit limit – because all cardholders agree to start with $200 in spending. While most secured credit cards require a security deposit equal to the credit limit, Capital One has a different deposit policy based on your credit score. Depending on your credit profile, Capital One requires a deposit of $49, $99, or $200.
5. Fingerhut Credit Account – $200+ credit limit
Many reviews of Fingerhut credit accounts indicate an initial credit limit of $200, although some say more than $1,000. This credit card is not a traditional credit card. Instead, you use the account to purchase branded products from Fingerhut and its resellers. The account has a minimum purchase starting at $50 and includes monthly payments.
6. Full Visa Card – $300 credit limit
All new Visa® cards come with a $300 spending limit, regardless of your credit history. This is an unsecured credit card, meaning no deposit is required. However, upon completion, you will be charged an annual fee of $75, which will immediately reduce your spending to $225 until you pay the fee.
7. Capital One Platinum Credit Card – $300+ credit limit
The Capital One Platinum Credit Card starts with a minimum credit limit of $300, you can increase the limit after the first five on-time payments. Capital One requires all applicants to have good credit—at least—to qualify for approval for this entry-level card.
8. Invest in a QuicksilverOne Cash Rewards Credit Card – $300+ credit limit
The Capital One QuicksilverOne Cash Rewards Credit Card has a $300 minimum credit limit and a host of perks like Eno Capital One Assistant, automatic credit limit checks, and CreditWise credit checks. This is a good time for anyone who needs cash. they repay their debts with the opportunity to increase their credit limit with a pattern of timely payments.
9. Discover it® Student chrome – $500+ credit line
Like its Cash Back sibling, Discover it® Student chrome starts with a minimum spend of $500. This card also includes cashback which is slightly different from the Cash Back Card Back.
10. Discover it® Student Cash Back – $500+ line of credit
Discover it Student Cash Back starts with a minimum credit limit of $500 and you can earn cash back on every purchase.