Want to know what are the best credit cards for no credit? This post show how to get credit cards for people with no credit
If you are thinking of getting yourself a credit card for the first time then you should know that it is a bit difficult for lenders to provide credit cards for people with no credit. But do not worry, there are some procedures that if followed can guarantee approval of credit cards for no credit history.
If you are indeed thinking of applying for a credit card for the first time, then today we are here with a detailed article that will give you tips on how to get a credit card with no credit. Apart from that, we will also list down some of the best credit cards for no credit history.If you have bad credit then you can apply for immediate credit card approval.
How to get a Credit Card with No Credit History?
While picking yourself credit cards for no credit history, you should opt for such a credit card solution that can not only provide you with credit cards for no credit history but also offers you some help in building credit score quickly so that you can upgrade to credit cards that offer more benefits of owning a credit card. Below are a few tips that can help you get a credit card and at the same time build credit points quickly:
Get a Secured Credit Card. A secured credit card kind of works like a debit card. You pay a refundable security deposit amount up front before getting a credit card. This security deposit amount varies depending on the lender and may be equal to your credit limit or at times a percentage of the credit limit.
Above you have come across several ways that will not only help you get credit cards for no credit history but also gain some really valuable credit score and credit history quickly. Now below are some of the best credit cards for no credit.
Best Credit Cards for No Credit:
- USAA Secured Cards American Express Credit Card:
The USAA Secured Cards American Express credit card is one of the best credit cards for no credits. This is a secured credit card for no credit which will require you to pay anywhere from $250 to $5000, which will be equivalent to your credit limit.
There is no monthly fee for maintaining the credit card, however, an annual fee of $35 will be charged.
This credit card is one of the best credit cards for new credit card owners as you are offered 1.5% cash back on all type of purchases with no limits on the maximum number of purchases or maximum cash back that can be accumulated.
Once approved, you are provided with at least $300 as credit limit and if you successfully make the payments of the first 5 months on time, you can increase your credit limit. An annual fee of $39 will be charged if you opt for this credit card with no monthly fee.
The above article gave you an in-depth insight on how to get a credit card with no credit. Also, we listed down the best credit cards for no credit so as to help you pick the best credit card for new credit card holders.
If you have any doubts related to credit cards for people with no credit, do mention them as comments below and we will surely help you out.