High Limit Credit Card: How to Apply and Best Options

At first, it is important to mention that the credit limit released varies depending on the credit analysis and the customer's consumer profile.

In fact, from one person to another, it can vary from R$5,000.00 to R$50,000.00, for example. Furthermore, if you are looking for a good limit, the types that usually release higher values are: Black, Platinum and Infinite. In fact, there are countless options on the market.

For this reason, we have put together a list of the best credit card options with high limits. Check it out!

For this reason, we have put together a list of the best credit card options with high limits. Check it out!

After all, how can you get a credit card with a high limit?

This question is not so simple to answer, because nowadays there are so many offers from financial institutions that offer credit cards with high limits that it is difficult to establish a standard on how to get one.

Even more so with the popularization of fintechs, the availability of credit cards has increased, but this means that your choice needs to be much more assertive for you to really take advantage of the best benefits.

Therefore, we have prepared a list of some options for financial institutions that offer more benefits and have a simpler approval process for you to get your credit card with a high limit.

What is analyzed to guarantee a credit card with a high limit?

Even with technology democratizing access to credit cards with high limits, some prerequisites still need to be met in order to get your card.

Additionally, you may have more or fewer benefits available depending on your score, and to understand how this calculation is done, see below what is analyzed for card release.

Serasa Score

The Serasa score is one of the factors that most influences when it comes to releasing a credit card with a high limit, but it is not the only variable.

The score considered by Serasa ranges from 0 to 1000 points and is an indicator to show whether the individual has more or less chance of paying off their debts in the next 12 months.

The closer to 1000 points, the more reliable the person is to receive a high credit card limit, as they will be able to pay the bill on time.

Money movements

A good score can help you get a good limit, especially when associated with significant movements in your current account.

This movement of money indicates to the financial institution that there is a recurrence of revenue entering your account, meaning you will be able to pay the bills up to a certain limit.

It is worth remembering that bank transactions are essential for those with bad credit who are looking for a credit card as we have already discussed here.

Applicant's financial profile

The applicant's financial profile is made up of a little of the two things we have already mentioned and also their consumption behavior.

Understand that it is important for the financial institution that you use your credit card a lot and also consume the services offered, therefore, consumption profiles that tend to concentrate their accounts on the credit card tend to receive higher limits on their cards.

5 high limit credit card options

As we said, the market today is full of credit card options with high limits, and this is positive on the one hand, but it is dangerous on the other, as many of these financial institutions do not have enough credibility for you to trust in using their services.

The ideal path is to find a middle ground between costs and limits, so it is worth choosing those financial institutions that you already know and trust, so we decided to help you with this decision.

Here we have selected 5 options for credit cards with high limits, offered by reliable companies that also offer many benefits so that you can take advantage of the advantages of a card.

Check out our selection:

1 – Latam PASS Itaucard Platinum

First of all, an excellent option for a card with a high limit is the Latam PASS from Itaú Platinum line. The amount you can spend is usually very advantageous and the benefits included are also very good.

This card is currently available with Visa and Mastercard. The annual fee is free whenever the consumer spends R$1,000.00 per invoice. For spending between R$2,000.00 and R$3,999.99, there is a 50% discount on the annual fee.

If you like to travel, Latam PASS is the perfect choice. After all, for every dollar spent, the customer accumulates 4 points. The points can be exchanged for discounts and air miles with the airline.

But the difference is that if the customer spends at least R$1,000.00 in the first 3 months, 8,000 bonus points are awarded!

To learn more about miles, read our content🔜 “Credit card with air miles, get your questions answered”

Benefits

The merger of Itaú and Latam resulted in countless benefits for customers, check it out:

• Right to 3 Upgrade coupons to use on trips;
• Buy your airline tickets with Latam for any destination and pay in up to 10 interest-free installments;
• Get 30% discount to buy points through Latam Pass;
• Concierge services and insurance to help you enjoy your travels to the fullest security and convenience;
• Pay for purchases simply by placing your card near the machine.

In addition to all the benefits mentioned above, there is also another exclusive new feature: the iPhone Forever! This way, you can buy the iPhone you want through the Itaú app and pay in up to 21 installments!

The annual fee for the Latam Pass credit card is just 12 monthly payments of R$$51.33 or R$$616.00. But as we have seen, you can get a full exemption by following the rules mentioned above.

How do I apply for this high limit credit card from Latam?

Well, applying for this card is very easy. Just go to Itaú's sales page and select the card: “Latam Pass Itaucard Platinum”. After that, fill out the form and wait for the credit analysis response. If everything goes well, Itaú will send an email notification and also an SMS to the registered cell phone.

2 – Samsung ItauCard Visa Platinum

The second suggestion was recently launched, also as a partnership between Banco Itáu and Samsung. The advantage is that this Platinum line card has no annual fees.

These are exclusive discounts for you to buy your smartphone in Samsung's online stores using your card. Select the model you prefer and pay in up to 24 interest-free installments! Another positive point to highlight is the ContactLess technology, which means you can make payments without having to insert your card into the machine, just hold it close to the machine.

To learn more about contactless payment technology, read the following article:🔜 Contactless card: what is it and how does it work?

3 – Latam Pass Itaucard Mastercard Black

The Mastercard Black line is one of the ones that offers the highest credit card limits. This suggestion from Itaú has a free annual fee if you spend at least R$$20,000.00 on your statement, or a 50% discount on spending between R$10,000.00 and R$19,999.00.

If you do not reach this amount, the annual fee for the Latam Pass Itaucard Mastercard Black is 12 monthly installments of R$100.00, or a single fee of R$1200.00. In addition, for purchases made for every dollar, the customer accumulates 5 points in the Latam Pass loyalty program.

Furthermore, if your spending reaches R$1,000,000.00 for three months, you will receive 20,000 bonus points! The advantage is that customers can accumulate points on their card as much as they want without any worries. After all, the points acquired with Mastercard Black do not expire.

Benefits of the Latam Pass Itaucard Mastercard High Limit Credit Card

In fact, this is the most complete credit card! In addition to all the amenities we mentioned at the beginning, Mastercard Black customers also have the following benefits:

• Participation in the Latam Pass Club (formerly the Multiplus points program): accumulate points and exchange them for airline tickets and trips;
• Right to a VIP lounge at Latam, for both the cardholder and the companion;
• The customer receives 6 cabin upgrade coupons per year;
• Preferential boarding on domestic and international flights (also extended to the cardholder's companion);
• Split your Latam airline tickets into up to 10 installments without any interest charges;
• Exclusive access to the Mastercard Black VIP Lounge at Guarulhos Airport.

iPhone forever

First of all, the iPhone Forever benefit is a new feature from Banco Itaú. In short, the program works like this: you select the iPhone you are interested in on the bank's app. Then, make the payment with this card and pay in up to 21 installments.

Other exclusive benefits of Mastercard Black

In addition to all the advantages we mentioned, with the use of Mastercard Black you also have other exclusive advantages at your disposal to enjoy whenever you want. Check out the next lines!

Boeing Wifi: Stay connected at all times with Boeing's Wi-Fi, with over 1 million points spread across the world. Including on public transport and flights.

Mastercard Travel Rewards: Take part in exclusive cashback offers on purchases made at partner stores.

Concierge Service: have a personal agent at your disposal to escort you at the airport during your travels. Valid for arrival, departure and connecting flights.

Global Emergency Assistance: Mastercard provides its customers with a daily customer service in any language. You can count on this support in cases of loss or theft of your card.

Travel Medical Insurance: Take advantage of Masterassist Black, a medical assistance service for the cardholder, also extending to the spouse and children, during their travels. However, the ticket purchase must be made with the Latam Pass Itaucard Mastercard Black.

Car Insurance: Rent cars in Brazil and anywhere in the world, and have coverage against damage caused by accidents, theft and accidental fire.

Travel Inconvenience: If something goes wrong during your travels, accommodation expenses paid in advance using your Mastercard Black are covered.

The benefit extends to partners and children, whether traveling together or alone.

Protected Purchase: Your purchases have special coverage, after all the product purchased with the card has protection against accidental damage, theft or qualified robbery.

Original Extended Warranty: your products have a warranty increase, without charging any additional costs.

How do I apply for this Mastercard Black high limit credit card?

First of all, applying for this card is very easy and the entire process can be done from your home or wherever you are. Just access the Itaú cards tab and select this option. Then, fill out the form and wait for the credit analysis.

Want to know more about credit cards for high-income earners? Then read the following content as well⬇️⬇️⬇️

👉The best high-income credit card options

👉High-income checking account: find out how to open yours in 24 hours

👉The luxury credit card is exactly what you need

4 – XP Visa Infinite Credit Card

The fourth suggestion for a high-limit credit card is the XP Visa Infinite. This option is a launch by the XP brokerage firm with Visa. In fact, the card is exclusive to clients with more than R$$50,000.00 in investments with the brokerage firm.

The difference is the innovative cashback system: Invest Back. This way, part of the money spent on credit comes back to you in the form of investment. In other words, the more you use it, the more you can expand your investor balance.

In short, for every purchase made with the XP 1% credit card, the amount is returned as an investment in the form of fixed income. Therefore, your money starts to earn interest in the fund, and can be withdrawn at any time.

When you shop at certain XP partner stores, you can earn up to 5% in Invest Back balance!

Benefits of XP's High Limit Credit Card

In addition to seeing your “expenses pay off”, you also have access to several benefits by becoming an XP and Visa Infinite customer, check them out:

• International medical emergency insurance;
• Vehicle rental insurance;
• Purchase and price protection;
• Extended Warranty;
• Concierge Services.

How does the XP Credit Card work?

Firstly, the limit available on the card is established according to your investment balance. Therefore, the more the value of your investments increases, the more limit you will have on your credit card.

Furthermore, the physical version does not have a number and you can only make purchases by contactless contact. In fact, your expenses are tracked in real time by the App. The virtual card, on the other hand, can be used immediately to make online purchases. It can also be added to digital wallets such as Google Pay, Apple Pay and Samsung Pay.

5 – Santander Unlimited Card

Finally, the last suggestion for a high-limit credit card is the Unlimited Santander. It is an excellent choice, after all, with a single order you receive two cards, one Visa and one Mastercard.

The Santander Points Program also rightly draws a lot of attention, as for every dollar spent you earn 2.2 points. Accumulate and exchange them for various products and services.

In addition, the customer has the right to request up to 7 additional cards without having to pay an annual fee.

Advantages of Unlimited Santander – A credit card with a high limit and full of exclusive features

Above all, the Unlimited Santander In addition to having a high limit, it is full of exclusivity for customers, just look:

• Lounge Key Visa Infinite and MasterCard Black: There are VIP lounges spread across several airports around the world.
• Esfera Loyalty Program: accumulate points and get discounts at various establishments.
• App Way: a dynamic and secure application for managing expenses.
• Protected Credit Card Insurance.

Benefits and Advantages of Visa Infinite and MasterCard

Initially, one of the main benefits and advantages of Visa Infinite and Mastercard is that if the customer spends R$40,000.00 or more on the invoice, they do not pay annual fees. However, if the customer does not reach this amount, the fee is 12 monthly payments of R$107.50. 

Furthermore, You can use your Esfera Loyalty Program points to exchange for discounts on your annual fee.

How do I order this card?

First of all, you need to be a bank account holder to be able to get your approval. the card application is made directly at a physical branch with the account manager.

Read other content like this on the Consulta Cred blog!

Conclusion

In short, you have learned about the main options and advantages of purchasing a credit card with a high limit, and now you can choose which one best suits your financial needs.

Additionally, most companies today offer the service free of charge and you can request it yourself. fully online and in a much shorter time, so you receive your credit card at home or you can even use the virtual version to start making your purchases.

However, if you want the best options in cards and lines of credit, Consulta Cred brings it all together in one place, so click and discover our financial solutions developed especially for you.