A high credit limit can help your credit score because it could lower your credit utilization ratio, or how much of your total available credit you use. Lenders typically want to see you use 30% or less of your available credit. On the other hand, having more credit could lead to increased debt because of the additional spending power. Let’s explore the pros and cons of high credit limits and see if a high-limit credit card, like a travel rewards card, makes sense for you. Pros of having a high credit l ...