If you have a bad credit score, but you’re trying to get a credit card, you may be looking for the easiest guaranteed approval credit card offers, so take a look at this list of 11 easiest credit cards to get with bad credit. These cards are perfect for you to rebuild your credit since they have the more relaxed requirements for approval.
Credit cards are the best credit building tools for a consumer for rebuilding your credit standing after financial missteps. Technically, all credit cards are easy to get, as most just need a simple online application and issuers will let you know if you’ve been approved or not within minutes. If your credit score is making it difficult for you to get a credit card, there are still plenty of options available for you though. The best thing about these credit cards is that, once you get approved and start using your card responsibly, your credit score will get better and all the credit cards will be easier for you to get. According to Vantazo, instant approval credit cards for bad credit are one of the first steps to rebuilding your credit score. If you are wondering about credit cards for bad credit with no deposit, there are many options open for you.
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There are two kinds of credit cards available, secured and unsecured. The difference between the two is that unsecured credit cards do not require a deposit to secure the line of credit, whereas secured credit cards need a deposit amount equivalent of the credit issued. The best, unsecured credit cards for bad credit instant approval no deposit will definitely report to all the credit bureaus and will offer low fees as well as a qualification check. If you also want a cash back offer, check out Insider Monkey’s list of the 5 credit cards with 2% cash back on everything.
Since an unsecured credit card requires no security deposit, they are best for you when you have bad credit. But a second chance credit card with no security deposit will typically come with high fees and a high-interest rate. But if you can use your card responsibly, they will help you to rebuild your credit. The Total Visa Unsecured Credit Card and the Credit One Bank Unsecured Platinum Visa Card are the most popular cards for people with bad credit. They are among the easiest and best instant approval department store credit cards also. Many of these cards listed in our article come with attractive offers such as no annual fee, good reward points, and unlimited cash back. The right use of a credit card means making on-time payments and not crossing the spending limits. These practices will add positive information to your credit report every month, and it will also reduce the impact of mistakes- such as missed payments and bankruptcy- which are causing bad credit. If you are looking for guaranteed approval credit cards with $10,000 limits for bad credit, the right card for you is an unsecured credit card. But with bad credit, that wouldn’t be a wise choice for you. The perfect card for you will be a secured credit card. It will charge the lowest fees and will offer the best approval rates. But if you a need an emergency loan, you’ll have to take an unsecured card which tends to be very expensive.
We have used the information from Card Rates and Wallet Hub to create this list. We have also checked the promotional offers for each card and looked into the review pages of for each card to find more information. We have listed the cards according to three criteria – minimum credit, minimum deposit, and annual fees. Now, let’s see our list of easiest credit cards to get with bad credit and choose one of the secured or unsecured credit cards from our list to start increasing your credit score.
11. OpenSky Secured Visa Credit Card
The main purpose of The OpenSky Secured Visa Credit Card is to help people to build, rebuild or improve their credit score. Within just six months you can gain your credit score. All you have to do is just pay the monthly payments on time. The company will immediately report it to all the credit bureaus.
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10. Milestone MasterCard
Applying for Milestone MasterCard is a quick and easy process with a fast decision. Less than perfect credit is okay, and it offers an individual card design to fit your personality at no extra charge. This company also reports monthly to the major credit bureaus in the U.S. This card delivers a better customer experience than any prime card issuer.
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9. primor Secured Visa Classic Card
Although the primor Secured Visa is not much different than the previous card we described, it comes with some extra features and fees. This company charges 3% for foreign transfers, and there is only a $29 maximum late fee with an 18.99% cash advance rate. The company says it is a great card for people with bad credit.
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8. First Progress Platinum Elite MasterCard
The First Progress Platinum Elite MasterCard is a secured credit card with a minimum deposit of $200. This card has a smaller annual fee of $10. These cards report monthly to all the three credit bureaus, and the security deposit is fully refundable.
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7. Indigo MasterCard
The Indigo MasterCard is best for the people with a bad credit score. There are no one-time fees needed to apply for this card, and you will get reported to all the credit bureaus if you pay your monthly payment timely. There is no monthly fee, and the annual fee is only $99.
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6. Discover It Secured Card
At the 6th place on our list of easiest credit cards to get with bad credit, we have the Discover It Secured Card. Though you have to pay a $200 deposit, it can be withdrawn after paying your balance. This card comes with some fancy rewards, like 1% cash back. This card also doesn’t need an annual fee.
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And now, let’s see the top five easiest credit cards to get with bad credit.
5. Capital One Platinum Credit Card
Since the Capital One Platinum is not a secured credit card, it doesn’t need a minimum deposit, and you don’t have to pay an annual fee. Though this card is good for people with average credit, it can also be used for improving a credit score. You can also reach a higher credit line by making on-time payments.
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4. Total Visa Credit Card
If you are struggling with bad credit, the Total Visa Credit Card will be a good choice for you to rebuild your credit. This card doesn’t require any security deposit and offers all the exciting benefits of a Visa card. This card requires a valid checking account and application fee of $89. You will get your credit line based on your credit score and creditworthiness.
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3. Credit One Bank Platinum Visa Card
The Credit One Bank Platinum Visa Card ranks 3rd on our list of easiest credit cards to get with bad credit. This unsecured credit card with no deposit requirement is very helpful for building your credit. Your account will also be reported to all the credit bureaus monthly. You will get all the amazing features along with 1% cash back.
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2. First Premier Bank MasterCard
At the second place on our list of easiest credit cards to get with bad credit, we have the First Premier Bank MasterCard. This is an unsecured credit card, so you don’t have to worry about your security deposit. It starts with a very easy application process and this card reports to the credit bureaus. So, if you pay on time, your credit score will begin to reflect your good actions.
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1. Capital One Secured MasterCard
Capital One’s Secured MasterCard is the winner of our list of the easiest credit cards to get with bad credit. The responsible use of this secured credit card will help you to rebuild your credit score and reach a higher credit level. The minimum deposit for this card can be from $49 to $200. This card will give you a starting credit line of $200 and doesn’t require any annual fees.
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