You should consider all options when looking at credit cards for people with poor credit. Make sure that the card you choose offers credit bureau reporting and fraud protection. This will ensure that your card works well. Look for a card with no annual fees. This will ensure that you don't get any unexpected charges later.
You can find it secured
The Discover it Credit Card is among the best credit cards without an annual fee for people with bad credit. You can get up to $2,500 credit with a $200 security deposit and many other great benefits. There is no annual fee, and you can earn cash back rewards.
The best thing about Discover it Secured credit cards with no annual fees is the ability to have your account reviewed every seven months. If your account is not closed after seven months, your security deposit will be refunded. You will also be eligible for alerts concerning identity theft.
To rebuild credit, you need a good credit card. The Discover it Secured credit card has many benefits. Its rewards program rewards good spending habits. It is also very easy to move from a secured to an unsecured account. The company will examine your account seven months after opening it. If it is a suitable candidate for an unsecured card, it will do so. If you don't meet the payment requirements, the company will return your security deposit.
U.S. Bank Visa Secured Card (r)
U.S. Bank Cash+ Visa Secured Card offers cash back for those who wish to make purchases. The card offers cash back of 1% and 5% on some categories. In addition, it has no annual fee, and you can choose which cash back categories you want to earn in any given month. The cash back rate on this card is based on the amount of money you spend on your purchases, so there is no need to worry about spending more than you can afford.
U.S. Bank Secured Visa Cash+(r), Visa Secured Card are great options for building credit. You can convert it to an unsecured card easily, earn cash back, and there is no annual fee. The card reports to three credit bureaus. Additionally, you will be able to earn higher rewards if you spend more on certain bonus categories.
Merrick Bank Double Your 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 a year. The utilization ratio of your credit card is also reduced, which can lead to a higher credit score. The credit card automatically reports to the three largest credit reporting agencies each month. This will allow you to build your credit score and make timely payments. Regular reviews are conducted by the bank after the first year to verify that you are making timely payments. If you keep good payments on time, the bank could increase your credit limit.
Merrick Bank Double Your Line MastercardTM credit limits are $550 to $1350. The credit line doubles to $1100-$2,700 after three months. This credit card is great for building credit. The card automatically reports your payments to all three major credit reporting agencies each month. Your FICO credit score is also available for free each month.