There are very few credit cards available after filing bankruptcy. If you're not yet fully rehabilitated, you may consider a secured credit card, which will require a cash deposit. These credit cards will help you rebuild your creditworthiness. After bankruptcy, you can apply for a post-bankruptcy credit card to help you improve your score.
Capital One Platinum Secured
Capital One offers a card with a very low security deposit. Depending on your credit score, the deposit can be anywhere from $49 to $200. The same amount will increase your spending limit. You can apply even if you're bankrupt, as long as they're willing and able to pay the security fee.
Applicants with a low credit score can apply for the Capital One Platinum Secured credit card. Applicants need to first have a checking/savings account in order not to be denied. The applicant must also show proof of income to cover monthly expenses. You can also use a secured credit card, like the Green Dot Visa(r), if you don't have a bank account. These credit cards are available to deposit cash at any participating store. You can also use them for free checks.
You can find it secured
A credit card such as the Discover it Secured credit cards is a good option if you're trying to rebuild credit after bankruptcy filings. Its features and rewards make it a good choice, and there is no annual fee. You don't have to pay late fees or foreign transaction fees with this card. Access to your FICO score is also free.
When you start rebuilding credit, be sure to pay your bills on time and follow responsible buying habits. Since secured credit cards have smaller credit lines, you should start with small purchases every month. This will help to establish a payment history that is stable and prove lenders that you do not depend on credit.
Secured Visa OpenSky
OpenSky Secured Visa bankrupt credit card for those with poor credit is an excellent option. You can apply for the card via Western Union or a debit card. However, you will be required to pay a $200-$3,000 security fee to get the card started. OpenSky will mail the card to you once the money has been received. It may take up two to three business days for you the card.
OpenSky Secured Visa Bankrupt Credit Card has the best advantage of all: There is no need to have a checking account or credit check in order to apply. To be approved, you will need to deposit $200-$3,000. This deposit will be your credit limit. You can still get approved for the card if you meet all these requirements, even though you may have low credit scores.
Rebuilding Credit: Capital One Platinum Visa
For people with poor credit, a credit card that pays cash back is a great option. Credit One Bank's Platinum Visa allows you to earn 1% cash back for everyday purchases. Be aware of all fees and conditions. Rates and fees that are unexpected are quite common. You should not apply for the card unless you have been prequalified.
Capital One will still allow you to apply for a card if you've ever been in bankruptcy. Their Platinum Visa for Rebuilding Credit is low in interest and has no foreign transaction fee. The Credit Protection Program helps you avoid your credit score from falling while you are rebuilding.