You should consider all options when looking at credit cards for people with poor credit. Ensure the card offers features that are important to you, such as fraud protection, credit score access, and credit bureau reporting. This will ensure that the card will work well for you. A card that does not charge an annual fee is a good option. This will help you avoid unexpected costs later.
You can find it secured
The Discover it Secured credit line is one of the most affordable credit cards for poor credit. With a $200 Security Deposit, you can get upto $2,500 credit and other great benefits. The card is also free of annual fees and offers cashback rewards.
The Discover it Secured No Annual Fee Credit Cards has the unique feature of allowing the account to be reviewed after seven calendar months. If your account is active after seven consecutive months, you'll receive a full refund of your security deposit. You can also receive alerts regarding identity theft via your card.
For rebuilding your credit, a good credit score is crucial. The Discover it Secured no-annual fee credit card offers many advantages. Its rewards program rewards good spending habits. It also makes it simple to switch between a secured and unsecured account. After you open an account, seven months later, the company will review it and determine if it is suitable for an unsecured card. The company will also return the security deposit if you fail meet payment obligations.
U.S. Bank Visa(r), U.S. Bank Bank Cash+ Secured Cards
People who are looking to earn cashback on their purchases will love the U.S. Bank Visa Secured Card. The card gives you 5% cashback for certain categories, and 1% for others. The card has no annual fees and you have the option to choose which cashback categories you would like to earn in any given monthly. You don't have to spend more than you can afford on this card. The cash back rate you get is calculated based on how much you spend.
If you're a beginner in credit cards, the U.S. Bank Cash+(r) Visa Secured Card is a great option for building credit. You can convert it to an unsecured card easily, earn cash back, and there is no annual fee. The card also reports to the credit bureaus. As you spend more money in certain bonus categories, you can enjoy greater rewards.
Merrick Bank Double You Line (r), Mastercard (r),
Merrick Bank offers a No-Annual-Fee Credit Card for Bad Credit with a generous Credit Line Increase of $2700 within one year. This card also lowers the utilization ratio of your credit line, which can help improve your credit score over time. The credit card reports monthly to all three major credit reporting agencies. This allows you to build credit and pay on time. Your account is reviewed every year by the bank to ensure you pay on time. The bank will increase your credit limit if you have a track record of timely payments.
Merrick Bank Double Your Line MastercardTM allows you to open credit lines from $550 up to $1350. After three month, your credit line will double to $1100 to 2,700. Using this credit card to build credit is easy, and the card reports your payments to the three major credit reporting agencies monthly. Each month, you can access your FICO credit score free of charge.