You should consider all options when looking at credit cards for people with poor credit. You should ensure that the card has features that are important to your needs, such as credit bureau reporting, fraud protection, credit score access and credit score access. This will ensure that the card will work well for you. Look for a card with no annual fees. This will ensure that you don't get any unexpected charges later.
Get it Secured
The Discover it Secured credit card is among the best no annual fee credit cards for bad credit. With a $200 Security Deposit, you can get upto $2,500 credit and other great benefits. This card comes with cash back rewards as well as no annual fee.
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. The card will also allow you to receive alerts on identity theft.
It is important to have a credit card that you can trust. Discover it Secured has no annual fees and offers many benefits. The rewards program is generous, and it rewards good spending habits. It's also easy to change from a secure account to an unsecure one. Seven months after you open a new account, the company will inspect it to determine whether it's suitable for anunsecured card. The security deposit is also returned if the payments are not made on time.
U.S. Bank Visa Secured Card (r)
The U.S. Bank Cash+ Visa Secured Card is a great card for people who want to earn cash back on their purchases. The card offers 5% cash back on some categories, and 1% back on others. It doesn't have an annual fee and you can choose the cash back categories that you wish to earn in each month. 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.
U.S. Bank Cash+(r), Visa Secured Card is an excellent option to help you build credit if your credit card skills are limited. It offers cash-back rewards as well as no annual fees. You can also convert easily to an unsecured card. The card also reports to the three credit bureaus. You'll also enjoy higher rewards opportunities if you spend more in certain bonus category.
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. This card will lower your credit utilization ratio which can improve your credit score. The credit card also reports to the three major credit reporting agencies monthly, so you can build your credit history while making on-time payments. The bank also conducts regular reviews of your account after your first year to make sure you're paying on time. If you keep good payments on time, the bank could increase your credit limit.
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. Easy credit card that allows you to build credit. Card reports all your payments to major credit reporting agency monthly. Access to your FICO credit score each month is free.