Credit Cards

Credit cards for limited credit: find the best card for your needs

Finding a suitable card can be challenging if your credit history is limited. But there are several options out there. So, check out our six credit card options for people with limited credit that may fit your financial needs!

Advertisement

Get your financial life back on track with a credit card for limited credit

Middle age hispanic woman standing over grey grunge wall holding credit card with open hand doing stop sign with serious and confident expression, defense gesture
Limited credit can’t stop you. Find out about good credit card options for those who don’t have credit. Source: Adobe Stock.

Are there good credit cards for limited credit? We asked this question when we realized that there are several people in this situation. In case you’ve never heard of it, people with limited credit are those who don’t have a credit history.

For this reason, banks believe that there is a risk in offering credit or loans to this population. Thus, this group does not have access to the most traditional credit cards on the market.

However, there are a number of options aimed at this audience. Our mission in this article was to research the market and bring you a rich list of good credit cards for limited credit options. You can see the result of all our efforts below:

How to get started with personal finance: learn 4 tips

Want to get your finances in order? Read these 4 tips on personal finance and improve your wealth management. Start today!

Apply for a credit card even with limited credit: best 6 options

woman sitting thinking about credit card balances,notebook.
We research the best credit cards for those with limited credit. Check out the best results we found. Source: Adobe Stock

Follow a list of the best limited/no credit options now and choose the one that best suits your profile:

Avant Credit Card

The Avant Credit Card is suitable for those who want to rebuild their credit or are starting from scratch. As he reports to the three biggest credit bureaus in the country, you’ll soon be building your track record.

This option has a good starting credit limit. In addition, it guarantees zero liability in cases of suspicious transfers. Finally, it has an easy application process, which lets you know if you will still pass the prequalification.

All this without hurting your credit score. Below, check out the main information about this card:

Credit ScoreFair to good  (from 580 to 740)
Annual FeeFrom $0 to $59
Regular APRFrom 24.99% to 29.99% (variable)
Welcome bonusNone
RewardsNone

Capital One QuicksilverOne Rewards Credit Card

Capital One’s QuicksilverOne Rewards credit card offers cashback for people with limited credit. Source: Capital One.

Personal credit cards with unlimited credit typically pay no reward. Those who offer this program usually charge a high annual fee. Capital One’s QuicksilverOne Rewards Credit Card goes against all of that.

With this card, you will receive 1.5% cash back on all your purchases for a small annual fee. Also, you can increase your credit within the first 6 months of use. With no overseas transfer fees and zero liability for fraud, this is an excellent option.

Finally, payment by approximation and the virtual card number are the technological solutions of this product. See more information in the table below:

Credit ScoreFair to excellent (from 580 to 850)
Annual Fee$39
Regular APR26.99% (variable)
Welcome bonusNone
Rewards1.5% unlimited cash on all purchases. Your points do not expire.

Capital One Quicksilver Secured Rewards Credit Card

Capital One’s Quicksilver Secured Rewards credit card is another option in the Quicksilver family. This is an easily accessible option. Therefore, it can be much more interesting for those who have limited credit.

Contains the same reward plan as the previous option. The only difference is the minimum initial deposit requirement of $200 and no annual fee. So, you already leave with a $200 credit limit.

After six months of responsible use, this amount can be increased. In fact, it is an excellent option for building credit. Finally, with this card, you will not be held responsible for fraud. Check out more information:

Credit ScoreFair to excellent (from 580 to 850)
Annual Fee$0
Regular APR26.99% (variable)
Welcome bonusNone
Rewards1.5% unlimited cash on all purchases. Your points do not expire.

PREMIER Bankcard® Secured Credit Card

If your goal is to build credit, the PREMIER Bankcard® Secured Credit Card can help you with that mission. In just 60 seconds after filling in your details, you will already know if you have been approved.

Plus, if you use your card responsibly, you can have an increase in your credit limit after one year. More information is in the table below:

Credit ScorePoor (between 300 and 579)
Annual Fee$50
Regular APR19.9%
Welcome bonusNone
RewardsNone

First Access Visa® Card

As the name suggests, the First Access Visa® Card is a great option for anyone trying to access credit for the first time. To serve this audience, this card offers special conditions.

You don’t need to have an excellent credit score to have it. In addition, in 60 seconds you will already know if you have been approved. If so, you will have a limit of $300 at your disposal.

Finally, it can be used at any ATM or establishment that accepts VISA. More information below:

Credit ScoreBad (below 670)
Annual Fee$75 in the first year, $48 in subsequent years.
Regular APR34.99%
Welcome bonusNone
RewardsNone

First Digital Mastercard®

First Digital Mastercard® can be your first credit card easily. Indeed, because it does not require high credit scores or history, it is accessible to a large part of the population. In addition, it reports to the three largest credit agencies in the country.

That way, it will be easy to build your history. In 60 seconds, you will have the result of your application. Finally, after one year you will be able to receive your first credit increase.

Check out the table below and decide if this credit card is interesting for you:

Credit ScoreBad (below 670)
Annual Fee$75.00 for the first year. After that, $48.00 annually.
Regular APR35.99%
Welcome bonusNone
RewardsNone

Thus, we finalize our list of 6 good credit cards for limited credit. We hope you found your newest card among them. If you are interested in more lists like this, click on the link below and check out more recommendations from our experts:

Woman and hands with credit cards on color background

Credit cards for any credit history: best options

Are you looking to build your credit? Our list of 7 great credit cards for any credit history can help you. Click and check.

About the author  /  José Gonçalo

I started reading about finance only to find better options than savings. Since then, I have never stopped studying finance, and I believe that writing about it is the best way to help individuals feel fulfilled and have a healthy financial life. Today, I balance finance and medical school studies.

Trending Topics

content

Apply for the Prosper Loans: Generous Borrowing Limits

Check our step-by-step guide on how to apply for the Prosper Loans, learn the process with ease and secure your financial needs efficiently.

Keep Reading
content

PREMIER Bankcard® Secured card: check out how to apply!

Learn how to apply for the PREMIER Bankcard® Secured card, a card designed to build your credit with an APR well below the market average.

Keep Reading
content

Credit cards for any credit history: best options

Are you looking to build your credit? Our list of 7 great credit cards for any credit history can help you. Click and choose your best fit!

Keep Reading

You may also like

content

Chase Freedom® Student card: check out how to apply!

Apply for the Chase Freedom® Student card and get a card designed for students: no annual fee and a cashback with rewards on all purchases.

Keep Reading
content

Apply for Rescue One Financial: Ease Your Debt Today!

Learn how to apply for Rescue One Financial. Simple steps for debt relief, expert guidance, and a solution toward achieving your goals.

Keep Reading
content

Types of mortgage: consider your options before applying for one

Learn about the main types of mortgage and how you can make a smarter choice for your mortgage. Read on to learn more:

Keep Reading