Mr Credit Card
Below is the list of secured credit cards with the highest credit limits. Credit limits range from $25,000 to $100,000. All of these secured cards are from credit unions.
USE Credit Union Secured Credit Card
The University and State Employee (USE) Credit Union Secured Mastercard allows you to deposit up to $100,000 in a security deposit and hence get a credit limit of up to that amount. $100,000 is the highest credit limit we have come across so far. Chances are that you will never set aside this amount. But look at it this way, if you have a secured credit card with a really large limit, your credit limit will never be reduced. Aside from having no annual fee, the regular APR is incredibly low at 4.99%. You can also transfer a balance without paying a balance transfer fee. USECU is based in California and any state University employee can join and get this card.
Annual Fee: $0
Regular APR: 4.99%
Starting Credit Limit: Up to $100,000.
Read our review of the Univerity and State Employee CU Secured Mastercard
Addition Financial Secured Visa
The Addition Financial Secured Visa allows you to deposit anywhere from $500 to $30,000 to secure your credit limit. There is no annual fee and the regular APR is incredibly low at 4.9%. This card also comes with Chip and PIN (which unfortunately many mainstream issuers like Chase and Amex still do not have). Addition Financial is based in Orange County and those working in Universities or Education Institutions in that area can join them and get this card.
Annual Fee: $0
Regular APR: 4.99%
Starting Credit Limit: Up to $30,000.
Read our review of Addition Financial Secured Visa.
First Tech FCU Secured Mastercard
The First Tech Federal Credit Union Secured Mastercard allows you to deposit anywhere from $500 to $25,000 so you can get a credit limit between that amount. There is no annual fee, no foreign transaction fee and the card comes with Chip and PIN technology. You do have to be eligible to join First Tech FCU if you want to apply for the card. It is best you check our our review to see what the criteria is.
Annual Fee: $0
Foreign Transaction Fee: 0%
Starting Credit Limit: $500 to $25,000.
Read our review of the First Tech FCU Secured Mastercard
National Institute of Health FCU Secured Visa
The National Institute of Health Federal Credit Union (NIHFCU) Secured Visa is an ideal starter card or rebuilder credit card for those in the medical profession and eligible to join them. Aside from having no annual fee, the APR is very low at 8.99%. The card can also be upgraded to one of NIHFCU's unsecured credit card if you use the card responsibly. NIHFCU also gives you an easy way to join them if you do not meet their criteria to join. All you have to do is to join the American Consumers Council ($5 fee and they will pay for this) and you can then get this card.
Annual Fee: $0
Regular APR: 8.99%
Starting Credit Limit: $250 to $25,000.
Read our review of the National Institute of Health FCU Secured Visa
Credit Union of New Jersey Secured Credit Card
The Credit Union of New Jersey Secured Mastercard is another secured credit card that allows you to have a credit limit of up to $25,000. This card is only for those of you who live in certain counties in New Jersey.
Annual Fee: $0
Starting Credit Limit: Up to $25,000.
Read our review of the Credit Union of New Jersey Mastercard.