Can I Get a $500 Credit Card? (2024)

You can get a $500 limit credit card if you have a fair credit score or better (640+). The Citi Double Cash® Card is one of the best cards with a $500 minimum credit limit because it has great rewards, a $0 annual fee, and the potential for an even higher limit depending on your overall creditworthiness. It requires a credit score of 640 or higher.

If you have bad or limited credit, a secured card may be your best option to get a credit card with a $500 limit or above.

Best Credit Cards with $500+ Spending Limits

Secured Credit Cards with $500+ Limits

Secured cards are designed for people with poor credit or no credit history. With a secured credit card, you'll need to provide a security deposit, which serves as your credit limit. So if you put down a $500 security deposit, you'll have a $500 credit limit.

Store Credit Cards with $500+ Limits

Many store credit cards have lower underwriting requirements than traditional credit cards, since they’re only usable with certain merchants. Few store cards advertise their minimum credit limits, though a few offer minimums of $500, and your individual limit may be higher, depending on your income and credit score.

Unsecured Credit Cards with $500+ Limits

Some unsecured cards designed for people with limited credit history or low credit scores may offer credit limits of $500 or more, either as your starting limit or via an increase later on.

You usually need at least good credit to qualify for the best options with $500+ limits, but that’s not always the case. Your credit limit is individually determined based on your income and credit history, so you may be given a starting limit above the minimum, depending on your qualifications. Paying your bill on time after opening an account will then raise your odds of getting a credit limit increase down the line.