Opting for a credit card in the United States can currently be a bit complicated, due to the high standards required by banks to be accepted. If you do not have a favorable credit history or you do not have a credit history directly, there are different options to choose from, since there are banks that focus on their clients rebuilding their credit history. This is really favorable to opt for other types of financial services in which a good credit history is needed to obtain better rates and terms. Are you interested in rebuilding your credit history? Do you want to get your first credit card? Find out what your best options are today.
Capital One Platinum
The Capital One Platinum secured credit card is an excellent option for those who need to reestablish their credit score, since it is extremely easy to approve one of them. This is because it is a secured credit card, which means that a cash deposit must be made to secure your line of credit.
This is an especially smart option, because with a deposit as low as $49 you can get a pretty decent credit limit. With an initial deposit of 49 dollars you can get up to 200 dollars of credit, an amount more than enough to build a good credit score from scratch.
Citi® Secured Mastercard®
Citi® Secured Mastercard® is not known for offering rewards or many special benefits, but that does not mean that it is a totally solid and effective card with which you can comfortably start a credit score. It’s true that Citi determines your credit limit based on financial history like income and debt, and having a good history of these can allow you to opt for a higher credit limit. But Citi relies on giving new clients an opportunity, so if in your case you have a regular credit score, you can start with a credit limit equal to the one you make as an initial deposit, the minimum being about $200.
I take Credit Card
Like all the previous cards, this is a very good option to revive your credit, since Tomo offers endless facilities for you to achieve this goal. In turn, it is also perfect for those who do not have previous credit and want to start with their first credit card. Tomo offers up to 1% cash back, and depending on your credit history they can offer up to $10,000 for your credit card.
conclusion
There are many more options on the market, but the important thing is that you find those that meet your needs. Having a bad credit score can be very damaging, but thanks to the wide variety that exists today you can find a card that suits you and that at the same time presents the appropriate requirements for you to be accepted. These cards are not the ones that offer you the best interests or benefits, but you can take them as your springboard to improve your credit history and thus opt for better options in the future.
References
https://cfl1.nation.com/the-best-credit-cards-to-sign-up-for-regardless-of-your-credit-score/?jr=on
https://www.bankrate.com/finance/credit-cards/no-credit-history/
https://www.bankrate.com/finance/credit-cards/reviews/capital-one-secured-mastercard/
https://www.bankrate.com/finance/credit-cards/reviews/citi-secured-mastercard/
https://www.nerdwallet.com/article/credit-cards/best-credit-cards-with-no-credit-check