There are many different ways to build your credit. One of the most straightforward ways to build credit is to apply online for a secured card. These cards come with a lower interest and more features. You can also try a starter credit card or student credit card. These cards can be a great way to build credit and help you improve your credit score.
OpenSky(r) Secured Visa(r) Credit Card
OpenSky Secured Visa(r), which is a credit card, requires a $35 annual fee. Credit checks are not required. You will be required to make a security deposit. This can range from $200 to $3,000 After the account is closed, the deposit is returned to your account. This reduces the risk for the lender and doesn't negatively affect your credit score.
OpenSky Secured Visa® credit card lets you choose your credit limit. The credit limit is based on the amount of security deposit that you pay. You can choose from a credit limit of $200 to $3,000, depending upon your financial situation.
Capital One Platinum Secured
The Capital One Platinum Secured credit card is a great option for people who are trying to improve their credit rating. It comes with a low annual charge and only requires a $49 (or $99) security deposit, depending on what you choose. The credit line of this card will grow as you make regular payments and your credit scores improve. This card has useful tools that will help you track your payments, credit score, available credit limit, and other financial information.
Capital One doesn't require you to have your Social Security number. This is especially beneficial for anyone who is new to the country. For application, all you need is a form or identification of identification. The company will increase your credit limit after six months of responsible usage. Capital One does not charge balance transfer fees, so you can transfer your balance to another card without worrying about fees. The card is not the most rewarding or offers the best balance transfer options.
Capital One Cash Rewards Credit card
The Capital One Quicksilver® Cash Rewards Credit Card is a great choice for those who wish to simplify their financial lives. It does not have an annual fee and provides unlimited cashback. This card is great for people who use credit cards to buy many items such as airfare and dining out. It does not have interest charges or offset expenses.
This card is only for those with good to excellent credit. Its rewards program provides a generous signup bonus and unlimited 1.5% Cash Back. There are also few redemption restrictions. Cashback can also be used for cash, gift cards and statement credits. This is particularly useful for people who frequent restaurants and gas stations a lot.
Petal 2 Visa Credit Card
The Petal 2 Visa Credit Card is a great option for those looking to open a credit card without a high interest rate or fees. There is no annual fee, and there are no fees for overspending or late payments. Foreign transaction fees are not charged, which makes it an ideal card for international travelers. It also offers a cash-back program for eligible purchases.
The Petal 2 card has a tiered rewards program, which means that you will get progressively higher rewards the longer you have your card. The rewards start at 1.5% cash back and increase to 1.25% in six months. After twelve months, they rise to 1.5% and 1.5% respectively. At certain merchants, you can earn as much as 10% cash back. Redeem Petal offers to get rewards. You could earn up to 10% cash back for eligible purchases.