Credit Cards with $2000 Limit Guaranteed Approval in 2024

Getting Credit Cards with $2000 Limit Guaranteed Approval is quite good. In general, a $2,000 limit credit card is pretty cool when you have bad credit. This is because most banks offer a maximum credit limit of $500 for people with bad credit.

There are many credit cards available in the market that you can get approved for a $2,000 credit limit easily, like the Discover it® Secured Credit Card, and Surge® Platinum Mastercard®.

These card provides you purchasing power with a $2,000 credit limit. Along with purchase power, you get the chance to improve your credit score.

So we’ve covered a list of the best $2,000 limit credit cards for bad credit for guaranteed approval.

Credit Cards with $2000 Limit Guaranteed Approval

Generally, unsecured credit cards approve lower credit limits if you have bad credit. But, other credit cards come with a $2,000 credit limit and offer guaranteed approval with the security deposit. This means, to get a credit limit of $2,000 you have to deposit an amount equal to the limit you want.

So, in this post, we cover all the best unsecured and secured credit card that offers a $2,000 credit limit with guaranteed approval.

Best $2000 Limit Credit Cards For Bad Credit (Guaranteed Approval)

However, money credit cards come with a credit limit in the $300 to $1,000 range for bad credit. Generally, these cards are unsecured credit cards that double your credit limit within a certain period. These cards offer decent benefits including zero liability, credit protection, and the feature to track your credit score.

1. Discover It® Secured Credit Card

The Discover It® Secured Credit Card is a great secured credit card for people with bad credit. As a secured credit card, this card exceeds credit builders’ expectations in more ways.

The card offers a minimum credit line of $200 and a maximum credit limit of $2,500. Generally, this credit limit is equal to the amount of security deposit you make.

The Discover card offers 2% cash back at gas stations and restaurants up to $1,000 in combined purchases each quarter. Plus, you earn unlimited 1% cash back on all other purchases.

Also, there is no minimum credit score required to be eligible for this card.

Card Details:

Annual Fee: $0.

Regular APR: 28.24% (variable).

Credit Needed: N/A.

Reward Details:

  • Earn 2% cash back on gas stations and restaurants after you spend $1,000 quarterly.
  • Earn 1% cash back on all other categories.
  • You get an unlimited cashback match you earn at the end of your first year.
  • There is no limit on cash back you match.

Key Benefits:

  • The card has no annual fee.
  • You earn 2% cashback on gas stations and restaurants you spend $1,000 in each quarter.
  • Enjoy 1% cash back on all other purchases.
  • The card comes with a credit limit in the range of $100 to $2,500.
  • The card does not require a minimum credit score to apply.
  • The card reports to all major credit bureaus.

Pros

  • The card has no annual fee.
  • Decent cash back rewards.
  • No credit score required.
  • Unlimited cash back match at the end of year.
  • Reports to all major credit bureaus.

Cons

  • Late payment charges..

» MORE: Best Credit Card for Large Purchases


2. Surge® Platinum Mastercard®

The Surge® Platinum Mastercard® offers an initial credit limit ranging from $300 to $1,000. The credit limit doubles if make on-time payments for 6 months. You may be able to get a $2,000 credit limit with the Surge® Platinum Mastercard®.

However, not all applicants will get an initial $1,000 credit limit. The initial credit limit depends on factors such as your income, age, and payment history. However, the card offers no rewards.

The Surge® Platinum Mastercard® offers a high credit limit with credit limit. The card also charges a monthly monthly maintenance fee, which is waived for the first year of card ownership.

Card Details:

Annual Fee: $75 – $125 for the first year, then $99 – $125.

Intro APR: N/A.

Regular APR: 29.99% (Variable).

Credit Needed: 300-719 (Poor – Good).

Rewards: None.

Key Features:

  • You get a credit limit up to $1,000 which doubles up to $2,000, if you on-time payments for 6 months.
  • Easily approved for fair credit.
  • You get an initial credit limit of $300 to $1,000.
  • The card reports to the three major credit bureaus
  • Get a free monthly credit score.
  • Online account management.
  • Monthly Credit Score – Sign up for electronic statements, and get your Vantage 3.0 Score Credit Score From Experian
  • Mastercard Zero Liability Protection.

Pros

  • Credit limit up to $1,000 which doubles up to $2,000.
  • Reports to major credit bureaus.
  • Mastercard Zero Liability Protection.
  • Free access to an online account.
  • Approved with fair credit.

Cons

  • High annual fee.
  • High regular APR.
  • No rewards.

3. OpenSky® Plus Secured Visa® Credit Card

OpenSky® Plus Secured Visa® Credit Card

The OpenSky® Plus Secured Visa® Credit Card is one of the best credit cards for bad credit with a $2,000 credit limit. The card has a $0 annual fee and allows you to deposit a security amount of $3,000.

The card is great for people with bad credit or no credit history who want to build credit as soon as possible. The good thing about this card is it won’t check your credit score when you apply.

The card has no annual fee and charges an annual APR of 29.99% which is variable.

Card Details:

Annual fee: $0.

Annual APR: 29.99% variable.

Credit Needed: Limited History, No Credit, Bad Credit

Minimum Security Deposit: $300.

Rewards: None.

Key Features:

  • The card has no annual fee.
  • No credit is checked when you apply.
  • You get an opportunity to rebuild your credit score as most cardholders receive a 48+ point improvement after making 3 on-time payments.
  • The card reports to all major credit bureaus monthly to establish and build credit history.
  • You can add the card to your wallet and make purchases using Apple Pay, Samsung Pay, and Google Pay.
  • Get approved with a minimum security deposit of $300.
  • Easy application process.
  • The card offers flexible due dates for payments.

Pros

  • No annual fee.
  • Easily apporved with limited or no credit history.

Cons

  • Requires decurity deposit.
  • No rewards.
  • High annual APR.
  • Foreign transaction fee.

» MORE: Best Credit Card for Utilities & Monthly Bills


4. Reflex® Platinum Mastercard®

Reflex® Platinum Mastercard®

The Reflex® Platinum Mastercard® is very similar to the Surge® Platinum Mastercard®, but the premium design option is the only difference between the two cards. Otherwise, the cards are similar.

The card also has an annual fee of $75 – $125 and charges the monthly maintenance fee in the first year. The card has a high annual APR, but you can avoid this by paying your entire balance each month.

The card offers you a credit limit up to $1,000 which doubles up to $2,000, if you make on-time payments for 6 months.

Card Detaills:

Annual Fee: $75 – $125.

Annual APR: 29.99% Variable.

Credit Needed: Limited/Poor/Fair.

Rewards: None.

Key Features:

  • The card offers a credit limit of $1,000 which doubles up to $2,000. (if you make your first 6 monthly payments on time.
  • All types of credits are welcome to apply.
  • The initial credit limit is $300 – $1,000
  • The card monthly reports to all major credit bureaus.
  • The application process is fast and simple.
  • You can use this card elsewhere Mastercard is accepted.
  • Mastercard Zero Liability Protection
  • Facility of online account management.

Pros

  • Oppurtunity for credit limit increase after 6 months.
  • You can get approval with poor or fair credit score.
  • Reports to all major credit bureaus.
  • $0 fraud liability.

Cons

  • High annual fee.
  • High annual APR.
  • No reward benefits.

5. Capital One Quicksilver Secured Cash Rewards Credit Card

Capital One Quicksilver Secured Cash Rewards Credit Card

The Capital One Quicksilver Secured Cash Rewards card is one of the most popular secured credit cards on the market. This card is the secured version of the Capital One Quicksilver Cash Rewards Credit Card, which is a popular cashback credit card.

The card has no annual fee and offers 1.5% cash back on every purchase. This card is one of the best credit-building options along with its reward.

The card requires a security deposit of $200 (refundable) for approval. The card stands out from other secured credit cards due to its flexibility with deposit requirements, higher starting credit limits, and additional value via unique perks.

Card Details:

Annual Fee: $0.

Regular APR: 30.74% (variable).

Security Deposit: $200 (refundable).

Credit Needed: 300-629 (Poor).

Key Features:

  • The card has no annual fee.
  • The card offers 1.5% cash back on all purchases.
  • The card has no hidden charges.
  • Deposit a minimum of $200 as security to get approval.
  • The card helps to rebuild your credit score.
  • The security deposit can be earned back as a statement credit if you make on-time payments.
  • Cardholders get $0 Fraud Liability so that you won’t be responsible for unauthorized charges.
  • Cardholders get unlimited 5% cash back on hotels and car rentals booked through Capital One Travel.
  • Examine your credit score for free with CreditWise from Capital One.
  • Enjoy a complimentary Uber One membership for 6 months.

Pros

  • No annual fee.
  • Cardgolders qualified with limited/bad credit.
  • Cardholders earn 1.5% cash back on all purchases.
  • Reports to all major credit bureaus.

Cons

  • High annual APR.
  • No welcome bonus.

» MORE: Best Cash Advance Credit Card


6. First Progress Platinum Select Mastercard® Secured Credit Card

First Progress Platinum Select Mastercard® Secured Credit Card

The First Progress Platinum Select Mastercard® is a great Secured Credit Card that offers a credit line from $200 to $2,000 which is based on your security deposit. It is one of the three secured credit cards from the issuer.

This secured credit card offers 1% Cash Back Rewards on payments and provides you a grace period in which you won’t be charged interest for your payments.

The card also does not require minimum credit score approval and reports all the major credit bureaus.

Card Details:

Annual Fee: $39.

Regular APR: 19.24% (Variable).

Purchase Intro APR: N/A.

Balance Transfer APR: N/A.

Credit Needed: Poor – Good.

Rewards: 1% Cash Back Rewards on payments.

Key Features:

  • You earn 1% cash back rewards on payments with the First Progress Select Credit Card.
  • You can choose your own credit limit ranges from $200 to $2000 based on your security deposit amount.
  • No minimum credit score is required to get approval.
  • You can manage your credit card statement, transactions, and rewards on the first progress credit card mobile app.
  • The card reports to all three major credit card bureaus to establish your credit history.
  • This credit card is good for hotels car rentals and elsewhere Mastercard is accepted.

Pros

  • Earn 1% cash back as rewards as payments.
  • No minimum credit score or credit history is required.
  • You can build your credit history with a security deposit of $200.
  • The card reports to all 3 major credit bureaus.

Cons

  • High annual fee.
  • The card has foreign transaction fee.

What is a Bad Credit Score?

A bad credit score is generally refers to a low credit socre. The credit score is a numerical representation of an individual’s creditworthiness. Lenders uses the credit score to check if individual is eligible for lending money or not.

The most popular used credit score model is the FICO score, which ranges from 300 to 850. Here, is the breakdown of the credit score.

  • Excellent Credit: 750 and above
  • Good Credit: 700 – 749
  • Fair Credit: 650 – 699
  • Poor Credit: 600 – 649
  • Bad Credit: Below 600

If you have a bad credit, it indicates that you may have a history of late payments, penalties, defaults, or other financial begatives. Therefore, lenders may see you as higher-risk borrowers and making it very difficult to qualify for credit cards or loans. Somehow, you get approval, lender may charge a very high interest from you.

How Can I Get a Credit Card With a $2,000 Limit Guaranteed Approval ?

Getting a credit card with a guaranteed credit limit of $2,000 is not an easy task. The approval depends on various factors such as your credit score, income, age, and financial stability. But, it becomes easy if you try to improve these things:

  • Check your credit score: First things first, check your credit report to know your credit score and history. If your credit score is above 700, it is considered good. Higher credit score have more chances of approval for cards with higher limits.
  • Try to improve your Credit Score: If you have a bad credit, try to improve it. Pay off your outstanding bills and future bills on time. Try to lower your credit utilization ratio.
  • Apply for a secured credit card: If you have a bad credit score, apply for a secured credit card. You have to deposit a securitiy amount to get approval for a secured credit card. With time, if you use your card responsibly, you may get a chance to upgrade to an unsecured card with higher limit.
  • Compare and Research Credit Cards: Research for credit cards that allows approval with fair or average credit scores. As some credit cards are specially designe for people to rebuid their credit.
  • Apply for cards wisely: Try to avoid applying for multiple credit cards simultaneously, this can negatively impact your credit score. Always choose a card that matches your credit profile and your financial condition.

Bottom Line

It is possible to get a credit card with a $2,000 limit, even with bad or limited credit. Consider getting a secured credit card, because getting a secured credit card is easy, while some card issuers won’t check your credit history.

Improve your credit score to improve the chances of approval. This will increase your chances for cards with higher credit limits. Also, credit cards with bad credit limits is an excellent tool to improve your credit score.

Credit Cards With $2000 Credit Limits Related FAQs:

Can I get a credit card with $2,000 limit?

Yes, there are many credit cards that offers $2,000 credit limit. Generally, these are secured credit cards that offers a credit limit up to $2,000 such as OpenSky® Secured Visa® Credit Card and, Discover it® Secured Credit Card.

Which card is easiest to get with $2,000 limit?

The Discover It® Secured Credit Card is easiest to get because there is no minimum credit score required to apply for the card.

What is a Bad Credit Score?

A bad credit score is generally refers to a low credit socre. The credit score is a numerical representation of an individual’s creditworthiness. Lenders uses the credit score to check if individual is eligible for lending money or not

What are the best credit cards with $2000 Limit Guaranteed Approval

1. Discover It® Secured Credit Card
2. Surge® Platinum Mastercard®
3. OpenSky® Plus Secured Visa® Credit Card
4. Reflex® Platinum Mastercard®
5. Capital One Quicksilver Secured Cash Rewards Credit Card
6. First Progress Platinum Select Mastercard® Secured Credit Card

How do I improve bad credit?

To improve your credit score, get a secured credit card and use it wisely. Make all your payments on time. In simple words, you have to add positive information to your credit report on a regular basis, so as to dismiss the negative records for past.

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