Need an Equifax credit card with a high limit, regardless of your financial situation?
Perhaps you want to finance large purchases more efficiently—or improve your credit score?
This article shows you how to get the high-limit Equifax credit card you need and deserve.
Ready to learn more?
To get an Equifax credit card with high limits, no matter what:
- Assess Your Overall Financial Situation
- Check Your Credit Scores and Reports
- Research Card Options
- Get Prequalified
- Apply and Get Approved
- Call a Credit Reconsideration Line, if Needed
- Receive and Activate Your Card
Also, remember to:
- Pay on Time
- Stay Below Your Credit Limit
Let’s get started!
1. Assess Your Overall Financial Situation
To secure an Equifax credit card with high limits, assess your overall financial situation. Are you consistently paying off debt—or are you behind on payments? Are you gainfully employed, or did you just lose your job? Do you use your other credit cards responsibly, or do you regularly max out your credit limit?
Creditors pay attention to these questions—and many more—when you apply, so think about your situation carefully. Prepare to provide details about your income and expenses when you apply for a credit card.
2. Check Your Credit Scores and Reports
To get an Equifax credit card with a high limit, examine your credit scores and reports.
Check your credit scores via your bank, loan, or existing credit card statements. You can also create a myEquifax account online to view your VantageScore® 3.0 credit score for free.
Have a FICO score under 600? Take steps to raise it. Pay your bills on time, and don’t open too many credit card accounts at once. Stay under your existing credit limits to lower your credit utilization, which is the amount of credit you use compared to your limit.
Go to AnnualCreditReport.com and request your credit report from Experian, Equifax or TransUnion. Dispute and resolve any inaccuracies such as identity, balance or account status errors.
With an accurate and improved credit standing, you significantly increase your chances of getting a high-limit card.
3. Research Card Options
To secure a high-limit Equifax credit card—regardless of your credit situation—research your options. Compare terms like annual fees, cash advance fees and APR for purchases.
These creditors commonly use Equifax for approval:
Discover
Discover it® Cash Back Credit Card—average initial credit limit of $3,000
Chase Bank
Amazon Rewards Visa Signature Card—usual starting credit limit of $5,000
Citibank
Citi® Double Cash Card—credit limit of $5,000 to $10,000
Trying to build or improve your credit history? Consider a secured card like the Discover it® Secured Credit Card.
“Secured” means that you open your account with a cash deposit that acts as insurance. This deposit amount usually equals your credit limit. You increase your limit—or qualify for a regular, “unsecured” credit card—by using your secured card responsibly.
4. Get Prequalified
To apply for an Equifax credit card with a limit as high as possible, see if you prequalify first.
Fill out the issuer’s prequalification form with pertinent details like your Social Security number. The issuer does a “soft pull” on your credit history, which doesn’t affect your credit score.
The issuer doesn’t automatically approve your application when you prequalify, but you do get a glimpse of your chances at getting the card.
>>>PRO TIPS: How to Get a Credit Card With Fair Credit
5. Apply and Get Approved
To get a high-limit Equifax credit card, apply online or by phone or mail.
To apply, you must be at least 21 years old—or over 18 with a co-signer or independent income source. Provide personal and financial details like your:
- Name and physical address
- Social Security number
- U.S. citizenship or proof of permanent residency
- Income details
- Employer information
- Existing credit card accounts or debts
Your issuer now performs a hard inquiry on your credit reports. Your credit score dips slightly but not significantly.
To get a response within minutes, submit your application. After the issuer approves your application, provide any other details needed to receive the card.
6. Call a Credit Reconsideration Line, if Needed
To secure a high-limit Equifax credit card, no matter what, try credit reconsideration.
If the issuer initially denies your application, call the company’s reconsideration phone number and see if a customer service rep can reevaluate your situation.
Before you call, find out why the issuer is denying your application.
For example, do you have too many credit card inquiries on your report? The issuer’s automated approval system will deny your application. But what if you have those inquiries because you’re shopping for a car loan and need to compare credit card rates? Carefully explain your situation and see if the issuer reconsiders.
Still not approved? Try another card issuer. However, choose wisely because too many hard credit inquires can hurt your credit.
>>>GET SMARTER: How to Properly Use Credit Cards
7. Receive and Activate Your Card
To get a high-limit Equifax credit card, wait up to 10 business days and receive the card by mail.
Find the activation sticker on the card, and complete the steps by phone or through your online banking portal.
Now you can use your high-limit Equifax credit card. But don’t forget to:
Pay on Time
Consistently make your payments. Some issuers increase your credit limit after you pay on time for several months.
If you miss payments, you risk paying late fees and damaging your credit score.
Stay Below Your Credit Limit
Stay under your new card’s credit limit. Running up your balance increases your credit utilization ratio, which harms your credit score. Ideally, use only 20% to 30% of your available credit.
Recap
To get a high-limit Equifax credit card, assess your overall financial situation and credit standing. Compare credit cards and prequalify before you apply and the issuer approves your application.
If the issuer initially rejects your application, call their reconsideration line phone number, or consider a different issuer.
Once you have the card, make sure to activate it. Pay your balances on time and stay within your credit limit to maintain a stellar FICO score.
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