It seems impossible for people which bad credit history to get a new credit card to support their financial needs. The good news, you still have a hope by using an unsecured credit card for bad credit. Before using it, just check the list of unsecured credit cards for bad credit history below to make sure that you are using a perfect credit card without adding more problems.
Easy Approval Unsecured Credit Cards for Bad Credit
Capital One Credit Card
For those who want to have a credit card with minimal cost due to your bad credit history, you can take an unsecured credit card from the Capital One. This credit card is a suitable option for people with bad credit history because it is a no annual fee credit card. Moreover, the credit card has an easy requirement such as you just need to give $49 as the warranty to earn up to $200.
The best part is that you don’t need to create any additional deposit. The key is the way to use the credit card for a maximal result. You have to give around $49, $99, or $200 for a refundable deposit and create a credit. If you want to have a higher credit line, you may add more deposit. For a better option, you have to pay the monthly payment on time for the first five months.
Indigo Platinum Mastercard
Indigo credit card is also one of the recommended unsecured credit cards for bad credit. This credit card is a perfect option for those who have suffered from bankruptcy. It seems impossible to create a new credit because bankruptcy will be put on the credit history for seven up to ten years. Now, you don’t need to wait until seven or even ten years only to create a new credit. Just take the Indigo Platinum Mastercard to overcome your difficulty. The service gives a chance for people with bad credit caused by bankruptcy to use the card.
Interestingly, you can check earlier whether you are qualified for the credit card or not before applying. To be qualified, you just need to answer a few pre-qualification questions. The questions determine the credit approval. When you are approved, you must pay the balance payment on time each month.
This is an important strategy so you can increase your credit score as well as to prevent the high penalty APR. Set a goal on the credit score you need to achieve. By the time you reach the intended credit score, you are suggested to switch the credit card into a credit card which offers a reward program.
Credit One Credit Card
An unsecured credit card from Credit One Bank is also a recommended service to take. The main reason is that the credit card is a flexible one in which it can be used for any kind of bad credit history. Interestingly, you still have a chance to receive rewards such as 1% cash back on everyday purchases.
You may use the credit card to pay various bills such as gas, mobile phone service, internet service, cable television service, dining, and even groceries. The first thing to do to get the credit card is passing through the pre-qualified approval. Then, you have to make sure that you can pay any charge you take. It is better not to take it if you can’t pay the charge. This is a smart trick to increase your credit score and prevent the interest. Just use the credit card wisely and in the right way to get interesting cash back bonus.
Milestone Gold Mastercard
You are also able to use a Milestone Gold Mastercard credit card. What makes people with bad credit history should take this credit card? Milestone Gold Mastercard is designed for those who are suffered from bankruptcy. The best part is that you can take the pre-qualified approval without any impacts to your credit score.
The annual fee offered is various started from $35, $59, and $75. That annual fee is offered during your first year. You have to pass the pre-qualified first. Then, you have to manage the budget to pay off your monthly payment. This is an important consideration so you can fix your credit score and prevent from high penalty APR. When you see there is a significant improvement on the credit score, you may switch the card into the credit card with a reward program.
Total Visa Unsecured Credit Card
For more recommended unsecured credit cards for bad credit, you can use Total Visa Unsecured Credit Card. This card is a good option for those who want to control their spending as well as to improve your credit in better condition in the most comfortable way. The bank limits the credit card for up to $300 which is a good thing to prevent overspending.
Just charge less than $100 a month and pay it on time so you can increase your credit score condition. Because there is a limitation, you have to think carefully before using the card, especially if you want to make a big spending. Just make sure that you pay the entire balance monthly to prevent interest and high APR. You may change the card with a card with fewer fee or reward program if there is a significant improvement on the credit score.
Discover It Credit Card For Bad Credit
Discover It is also a great credit card for people with bad credit. The reason why people take this card is that it offers more benefits. You just need to make a security deposit less than $200 to $2.500 and you will get all the benefits. The other reason is that you don’t need to pay the annual fee and even you earn rewards. For example, you are eating at your favorite restaurant and use the credit card.
In this case, you will get 2% cash back for what you have done. This credit card also works for gas station payment and the other purchases. For maximal usage, try to check your credit score regularly and pay your monthly payment on time. Use the card while eating in the restaurant or filling gasoline to earn extra cash back. Indeed, it is one of a worth it to use unsecured credit cards for bad credit, isn’t it?