You can repair your credit score by applying for credit cards if you have a low credit rating. Capital One Secured Mastercard or Discover it Secured are some options. Applied Bank Gold Pr preferred is another option. Capital Bank's Reflex Mastercard subsidiary can be an option if you don’t want to take out a secured credit card.
Capital One Secured MasterCard
Capital One Secured Mastercard is a good option for those with a credit score below 600. This card is intended for those with bad credit and doesn't charge an annual fee. It reports to all credit bureaus and has an initial credit limit of only $2,500. It also offers zero fraud coverage and protection.
The Capital One Secured Mastercard has many benefits for people with fair or poor credit. It comes with a zero fraud liability guarantee and offers autopay, travel assistance, extended warranties, and auto rental insurance. This card also comes with extra features, including 24/7 customer service. This card can help you rebuild your credit, and raise your credit score.
Capital One Platinum Secured Credit Card's low annual fees and low refundable deposits are another advantage. Its deposit is only $49.00, which is a lot less than some competing cards. This credit card also has a suite of helpful tools to help you monitor your credit score, payments, and available balance.
You can find it secured
Discover it Secured is a great credit card for those with low credit scores and who want a low annual cost. Although there is no annual fee, this card does charge fees for cash advances, balance transfers and returned payments, up to $40. You will also get a very high rate of interest.
For the Discover it Secured card, you must deposit $200 minimum in cash. This deposit is not refundable. Additional benefits include unlimited 1% cashback on all purchases and unlimited 2% cash back at gas stations or restaurants. Discover will match your cashback for the first year. It also doesn't charge an annual fee.
Credit card companies will examine your credit history before approving your application. The credit card issuer will look at your past history of payments and balances, as well how long you have been using credit. They will also check to see if you haven’t applied for a new card. This may indicate that you plan to take on additional debt. It's not a good idea for you to have more debt that you can pay off.
Applied Bank Preferred Gold
Applicants with a credit score 600 or above can apply for the Applied Bank Gold preferred credit card. It is quick and easy to apply for the Applied bank Gold Preferred card. For approval to be granted, you must submit your application within 24hrs. A $200 cash reward can be earned by those with good credit scores after they have made a minimum of $1,000 during the first three month.
This card offers several advantages over other options. It's easy to apply, doesn't require credit checks and reports payment information directly to the three major credit bureaus. It is also more affordable than other unsecured cards. While there is no introductory charge, the card does have many additional fees.
This card has a lower annual fee than the Open Sky card's, but it charges a higher annual fee. The Applied Bank secured Visa Gold Preferred card is a better option for those with low credit scores.