In fact, guaranteed approval credit cards with $10000 limits for bad credit no deposit don’t exist. The closest thing to it is the secured credit cards that allow you to put a deposit. For instance, with Wells Fargo Secured Visa, you can put up to $10,000 in the deposit. The credit card providers guarantee approval. Still, you can’t purchase something that you can’t afford now. Your deposit is already a spending limit that you are to spend.
The lending institutions explain why guaranteed approval credit cards with $10000 credit limits for bad credit don’t exist. Firstly, there is too hard to find the lender, who will provide 100% approval of the $10,000 loan to a person with a bad credit. Even if you see such advertisements on the Web, you should be VERY careful with them.
Such tempting offers exist BUT you HAVE to meet some requirements that reduce the level of risk for the lender.
Guaranteed approval credit cards with $10000 spending limits for bad credit sound too optimistic. You have to look thoroughly to find this happy ticket. Mostly, you will see a starting spending limit of $300 (plus fees).
Unfortunately, you should accept the truth – it’s almost impossible to get an unsecured card with a $10,000 limit with a bad credit fast. Still, you have a couple of similar credit cards with high spending limits for people with a bad credit:
- AeroMexico Visa® Secured Credit Card with $300 to $5,000 limit.
- Harley-Davidson® Secured Credit Card with the same limit.
- First National Bank of Omaha Secured Visa® Card with the same limit.
- First National Bank of Omaha Secured Visa® Card with $200 to $3,000 limit.
- Discover it® Secured Card – No Annual Fee with $200 to $2,500 limit.
The most beneficial for you remains Wells Fargo Secured Visa credit card with $300 to $10,000 limit (same as deposit).