Credit Cards for Limited Credit

Having limited credit can sometimes be a challenge. How are you expected to build your credit when no lenders are willing to give you a chance? This question is something that we will all encounter, and fortunately, there is a simple answer. There are credit cards available for limited credit cards. In fact, many credit cards are intended for people with limited credit, such as recent college graduates. The best part about applying for a limited credit card is that you will be one step closer to building your all-important credit rating, and boosting that score! It will not be long before you can look at better options suited to your financial requirements. below you will find an extensive list of some of the best credit cards for those with limited credit. Start your search now!

  • Discover it® Secured

    • No Annual Fee, cash back on every purchase, and helps you build your credit with responsible use.
    • Your Secured Credit Card requires a refundable security deposit up to the amount we can approve of at least $200 which will establish your credit line. You will need to provide your bank information when submitting your security deposit.
    • We will automatically begin reviewing your account starting at 8 months to see if we can transition you to an unsecured line of credit.
    • Earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, automatically. Plus, earn unlimited 1% cash back on all other purchases - automatically.
    • INTRO OFFER: Discover will match ALL the cash back you've earned at the end of your first year, automatically. There's no signing up. And no limit to how much is matched.
    • Receive FREE Social Security number alerts-Discover will monitor thousands of risky websites when you sign up.
    Show More...
  • The Secured Visa® from Merrick Bank

      Need credit? Want a better way to take control of your finances?

      The Merrick Bank Secured Visa card is for you!

      Is a secured credit card right for me?

      The biggest difference between a secured and an unsecured credit card is that secured cards require a security deposit from the cardholder, which functions as cash collateral.

      Secured credit cards are especially useful for consumers with poor or little to no credit history who are trying to build or rebuild their credit. A secured card provides all the advantages of a credit card while building credit.

      You may be approved for this card with any credit history or credit score, so long as you:

      • Do not have a pending bankruptcy filing that has not been discharged by the court
      • Do not have any outstanding Federal/State/Local tax obligations
      • Successfully fund your security deposit
      • Are at least 18 years old
      • Have a valid Social Security Number
      • Have a verifiable physical U.S. home address
      • Meet the Income Assessment and Identity Verification requirements mandated by the government for all credit card applications
    Show More...
  • Surge Mastercard® Credit Card

    • All credit types welcome to apply!
    • Monthly reporting to the three major credit bureaus
    • Initial Credit Limit of $500.00!* (subject to available credit)
    • Fast and easy application process; results in seconds
    • Use your card at locations everywhere that Mastercard® is accepted
    • Free online account access 24/7
    • Checking Account Required
    Show More...
  • First Access Visa® Credit Card

    • Reporting monthly to all three major credit reporting agencies
    • Perfect credit not required for approval; we may approve you when others won’t
    • Easy and secure online application
    • If approved, pay a Processing Fee and you can access the $300 credit limit (subject to available credit)
    • Receive your card more quickly with optional Expedited Processing (additional fee applies)
    • Get a result in as little as 60 seconds upon completion of the online application
    • Online Customer Center available 24 x 7
    • Checking account required
    • The First Access Visa Card is issued by The Bank of Missouri pursuant to a license from Visa U.S.A. Inc.
    Show More...
  • USAA® Secured Card American Express® Card

    • 3X points for dining out.
    • 2X points for gas and groceries.
    • 1X points for every dollar spent on all other purchases.
    • No limits or caps on your rewards.
    • 2,500 bonus points with your first purchase.
    • Redeem your points for cash, merchandise, gift cards, travel or donate to your favorite military affiliate group.
    Show More...
  • QuicksilverOne® from Capital One®

    • Annual Percentage Rate (APR) for Purchases and Transfers is 24.98%.
    • This APR will vary with the market based on the Prime Rate.
    • Your due date is at least 25 days after the close of each billing cycle. We will not charge you interest on new purchases, provided you have paid your previous balance in full by the due date each month. We will begin charging interest on cash advances on the transaction date.
    • Annual Fee is $39.
    • Cash Advance Transaction Fee is either $10 or 3% of the amount of each cash advance, whichever is greater.
    • Late Payment Penalty Fee is up to $38.
    Show More...
  • Journey® Student Rewards from Capital One®

    • Earn 1% cash back on all your purchases. Pay on time to boost your cash back to a total of 1.25% for that month
    • Enjoy no annual fee and no foreign transaction fees
    • Get a head start and build your credit with responsible use
    • Get access to a higher credit line after making your first 5 monthly payments on time
    • Monitor your credit profile with the CreditWise® app, free for everyone
    • $0 fraud liability if your card is ever lost or stolen
    • Pick the monthly due date that works best for you
    • Get customized alerts and manage your account with the Capital One mobile app
    Show More...
  • Capital One Platinum Credit Card

    • Pay no annual fee
    • Get access to a higher credit line after making your first 5 monthly payments on time
    • Fraud coverage if your card is lost or stolen
    • Use online banking to access your account, even from your smartphone, with our mobile app
    • Pay by check, online or at a local branch, all with no fee - and pick the monthly due date that works best for you
    • Get access to your account 24 hours a day, 7 days a week
    • Help strengthen your credit for the future with responsible card use
    Show More...
  • Citi Secured Mastercard

    • The Citi® Secured Mastercard® is a no annual fee credit card that helps you build your credit when used responsibly.
    • Unlike a debit card, it helps build your credit history with monthly reporting to all 3 major credit bureaus. Once available, you will also have free access to your FICO score online.
    • Use your card anywhere Mastercard® is accepted — worldwide.
    • A security deposit is required. Once approved, your credit limit will be equal to your security deposit (minimum of $200).
    • Get help staying on track with Auto Pay and account alerts.
    • With Flexible Payment Due Dates, you can choose any available due date in the beginning, middle or end of the month.
    • Manage your account 24/7 online, by phone, or in our mobile app.
    Show More...
  • First Progress Platinum Prestige Mastercard Secured Credit Card

    • Receive Your Card More Quickly with New Expedited Processing Option
    • No Credit History or Minimum Credit Score Required for Approval
    • Quick and Complete Online Application
    • Full-Feature Platinum Mastercard® Secured Credit Card
    • Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
    • Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
    • Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
    • Just Pay Off Your Balance and Receive Your Deposit Back at Any Time
    • 24/7 Online Access to Your Account
    Show More...
  • 1
  • 2

Subscribe Now -- It's 100% Free

Transaction Fees

Annual Fee: Not all credit cards have an annual fee. You can expect an annual fee on most secured credit cards, some premium credit cards, charge cards, and subprime credit cards.

The amount of the annual fee varies. It can be as low as $0 or as high as $500, depending on the credit card.

Regular Purchase APR: This is the amount of interest that the issuer will add to the balance on revolving debt, known as the annual percentage rate. Please be aware that they can fluctuate; they can shift from as low as 10% to as high as 35% based on your creditworthiness. So, before signing the contract, review the credit card applications for any specifics regarding the interest rates, as they will be stated in the terms and conditions.

Intro Purchase APR: There are several low-interest credit cards offering 0% intro purchase APR. A 0% intro APR offer means that you won’t have to pay interest on your purchases for a specific time period. Depending on the credit card offer, the 0% intro APR can last anywhere from six months to over a year, then the regular purchase APR applies. 

Balance Transfer Fee: A balance transfer is when you pay off the balances on existing credit cards or loans by transferring them to another credit card account. You usually will pay a fee of 3% to 5% of the amount you plan to transfer. For example, if your balance is $5,000, a 3% fee would cost you $150.

Regular Balance Transfer APR: The best balance transfer rates could be offered by credit card companies to new cardmembers, and usually are 0% or low APR offers for an introductory time period. After that -- often six months to a year or occasionally more, the interest rate will increase to its regular rate(often 10%-30%).

Cash Advance Fee: For cash advances, most companies charge a flat fee($5-$15) or percentage of the transaction(3%-5%) – whichever is greater. For example, a typical cash advance fee is the greater of $10 or 5%. So, if you take out a cash advance of $100 under these terms, your cash advance fee would be $10 since 5% of $100 is only $5. On the other hand, if you take out a cash advance of $500, your cash advance fee would be $25.

Credit Terms

TheCreditWiki, can make searching for the best card far easier, especially when you need to consider several factors. You may not be aware, but there are a few cards that have APR rates that you will need to review before signing the contract with the bank or lender. You will also need to consider financing costs, and anticipate what you are going to need the card for, is it going to be a single one-off purchase, or do you want to carry a monthly balance? Understanding the potential financial implications is crucial, for example, if you don't make your required monthly or bulk payment by the agreed date, then your financing costs will increase. If this happens, you will incur several costs – such as paying the full current balance, and fees to the credit card issuer/bank. Another important factor is interest fees. Please be aware that they can fluctuate; they can shift from as low as 0% to as high as 35%. So, before signing the contract, review the credit card applications for any specifics regarding the interest rates, as they will be stated in the terms and conditions. TheCreditWiki strive to provide our customers with the most current, and up-to-date information, regarding rates, benefits and many more. Please do remember that the credit card offers that we have listed, are displayed without guarantee. If you want to affirm the terms and conditions, click on "Apply Now." You will be able to learn more about the full credit card offer, on a secured page that will be supplied by the card issuer(s). You will see the list of the best credit cards options currently available on the market listed below. We have provided you with all the relevant information about each provider to ensure that you will make an informed and confident decision.

Advertiser Disclosure

When searching for the best credit card TheCreditWiki can help you to make the best decision based on your lifestyle and financial history. TheCreditWiki is a free service and promotes bolstered credit examination, through a comparison entity. The offers that you will see on thecreditwiki.com are from organizations, which thecreditwiki.com will receive remuneration.

About our Ratings

Our reimbursement sometimes impacts the surveys, but it is only the order that the classifications appear in, and nothing else. They will appear on our featured pages, but you can still opt to use the best option for you, and we strive to provide this regardless of the compensation that we may receive.
Please be aware, that this may affect the order in which these credit offers appear. Also, thecreditwiki.com does consider the restrictive guidelines of each lender, and the probability of the consumers' credit history. They will take this information into account, and will decide how, and when the credit cards offer will appear on the site.

General Disclaimer

We advise you to review your credit card application for specific references of the terms and conditions. We will always endeavor to provide the most relevant and up-to-date information. However, please be aware that all credit card offered displayed are not guaranteed. If you wish to confirm the full terms & conditions, please click on the "Apply Now" link. If you select the link, it will open a secure page provided by the card issuer(s) which will explain your credit card offer in more detail.

Our Editors

Here at TheCreditWiki, we have a team of editors who supply unbiased ratings of various credit card offers. The components used to rate the offers accordingly are; offer purchasers, expenses, financing costs & which credit card the application is related too. Please be aware that all of the evaluations are completed using a master supposition from our editors. Our editors are not affected by any compensation that our receives from the credit card issuer.

×

WELCOME TO OUR SITE

We will update the newest content about credit cards, and send you in time! Thank you!

Repair Your Credit. Call Now: 866-642-3021