Keep these things in mind when applying for a no credit credit card. Credit cards for people with bad credit have lower credit limits and will often reevaluate your credit limit every six months. These cards do not offer high-rewards. However, they will sometimes offer rewards for common purchases. If you have good credit, you might be eligible for more perks.
Bento
You can apply for Bento credit cards if in doubt about your eligibility. The company offers business credit card that can be linked to your personal check account or business account. These cards can be used for purchases and payments. The online portal allows you to set spending limits and manage spending habits.
After you submit your application, the company will review and verify your identity. If your company meets their requirements, you might be approved immediately. If your business meets their requirements, you might be approved immediately. Otherwise, it may take up to two weeks for your new card to arrive. There are no annual fees or interest on the card, though you may need to pay a monthly fee depending on your usage.
Citi Double Cash card
Citi Double Cash Card Cardholders get a $200 Welcome Bonus. It is one the best cash-back credit card options, giving you 1% cashback for every purchase after you pay the bill. The card allows you to transfer balances at 0% interest for 18 months. However, you will need to pay an additional 3% balance transfer fee for the first four month. After that, the fee increases to 5%.
Citi Double cash Card is an excellent option for those who are looking for a no-annual fee credit card. As long as your payments are on time, this card will pay unlimited 1% cashback. Cashback can be used to repay the card or to redeem the card for a statement-credit. The cash back earned has a minimum $25 redemption requirement and no maximum limit.
Citibank prepaid Card
Citibank prepaid credit cards are available for people with low credit ratings. This card offers many benefits including rewards, as well as a low annual fees. It also reports to the three largest credit bureaus. You can also access your FICO score online. This card is available worldwide. In order to receive the card, applicants must make a $200 security deposit. Other benefits include account alerts as well auto-pay. You can also manage your account online.
Customers receive a number benefits through this card. These include a rewards program which offers higher earnings at both supermarkets as well as streaming services. It has a low annual charge and does not require a credit score. It does come with some downsides such as a spending limit for the year and a foreign transaction charge of 2.7%.
Unsecured cards
The cost of unsecured credit cards with no credit can be high and they come with high fees. Many of them have high interest rate. Unsecured credit cards are available with lower fees and no annual charges. These are some tips to help choose the right card for you: Look for a credit card that has no annual fees. You may also be able to choose a card with rewards.
When choosing an unsecured credit card, make sure that you know how much spending power you need. Limits on your first credit card could range from a few hundreds to thousands of dollars. You should always ensure that you can pay the entire bill. Late payments could cost you a lot.