The Top Credit Cards for Bad Credit

So, you have bad credit but still want to apply for a credit card? Well, the fact is that you can only choose from a limited number of options. Your credit score is negatively affected whenever you’re rejected for a credit card. Managing your finances gets even harder as a result.

Fortunately, there are some options you can use even if you have a bad credit score. We recommend that you search specifically for a credit card that is designed for poor credit.

We’ve created a list of credit cards you can use if you have bad credit. You can now solve your financial problems by choosing the most suitable card for your needs. So, without any delay, let’s take a look at the best credit cards for bad credit.

Discover It Secured Credit Card

Anyone with bad credit can consider using the Discover It Secured Credit Card for their financial needs. The card allows you to set your own credit limit. However, you need to make an initial deposit to obtain this service. The best thing about Discover It card is that it comes with cash back rewards. You rarely find this perk in secured credit cards.

You can also improve your credit score with this card as it reports to all three major credit bureaus. Another important thing about the Discover It Secured Credit Card is that it enables you to manage your creditworthiness and credit score at the same time. You wouldd probably be able to upgrade to an unsecured account if you regularly made payments for at least 8 months.

Why this card is recommended for Poor Credit?

$0 annual fee
Get 2% cashback on purchases you make in a restaurant or gas station
On all other purchases, get unlimited 1% cashback
$200 Minimum opening deposit
On all balance transfers, 10.99% APR for the first 6 months
Build a better credit history

Capital One Secured MasterCard

If you’re willing to build your credit score, the Capital One Secured MasterCard is the ideal option for you. With this secured credit card, you can enjoy an initial credit line of $200 to $1,000.

Capital One Secured MasterCard is the perfect option for you if you are looking for more flexibility and choices. You need to deposit $49, $99, or $200 to start your line of credit.

Why this card is recommended for Poor credit?

$0 Annual Fee
No Foreign Transaction Fee
24/7 online account access
Minimum $200 Line of Credit
Choose your Minimum Opening Deposit

Credit One Bank Platinum Visa

If you want to rebuild your credit, you should consider using the Credit One Bank Platinum Visa Card. You can prove your creditworthiness with this credit card by making on time payments. The best thing about this card is that it enables you to monitor your Experian credit score for free.

The reason why Credit One Bank Platinum Visa is preferred to others is that it offers the perks of traditional credit cards even if you have bad credit. The cash back rewards give you the opportunity to pay down your monthly bill even faster.

Why this card is recommended for Poor Credit?

No monthly fee
$0 fraud liability
An annual fee ranging from $0 to $99
Offers Pre-qualification
On all Eligible purchases, earn 1% cashback rewards

Milestone MasterCard

The Milestone MasterCard is another ideal option for those who want to rebuild their credit. You can easily open a line of credit without even making a down payment. You may also monitor your credit score improvement with regular reporting.

Milestone MasterCard offers prequalification so you may keep your credit score safe. It means you can determine if you are approved or not without doing a hard check on your credit score. You can get this credit card if you have a bad or less-than-perfect credit.

Why This card is recommended for Poor Credit?

No Monthly Fee
Fraud Protection for stolen cards
Annual Fee Ranging from $35 to $99
Offers Pre-qualification
Available for bad and minimal credit

Surge MasterCard

The Surge MasterCard may be useful for you no matter what shape your credit is in. No matter whether you’re starting from 0 or have a bad credit history, you can qualify for this credit card.

The surprising part is that you can get an opening credit line of $500 with this credit card. Interestingly, you don’t have to put a cent down.

Why this Credit Card is recommended for Poor Credit?

$10 monthly fee reduced for the first year
Initial credit limit of $500
Available for all credit types and scores
Free online account access 24/7
$125 annual fee

Choosing the Best Credit Card for Bad Credit

Your credit score leaves a direct impact on your finances. But it doesn’t mean that you can’t qualify for a new credit card. Those who have bad credit can now take advantage of solutions and options offered by different credit card companies.

You can improve your credit score by choosing the right credit card for your needs. If you can start making on-time payments your credit score will improve over time. Moreover, you can also enjoy a few rewards with these credit cards.