A beginner credit cards is a great option for anyone just starting with credit. These cards help build credit and will allow you later to be eligible for better terms. You may even be eligible for rewards if you make good use. In this article we will examine the best beginner creditcards. Our guide to visa credit cards for first access may be of interest to you. Here are some of our most popular beginner credit card options.
Capital One Venture Credit Card
Capital One Venture Reward credit card is not for everyone. There are certain criteria that you must adhere to. A bankruptcy does not automatically disqualify you for the card. However, if you miss one or more of your loans payments, it will take time for the default to be removed. Otherwise, you may have to wait until your credit score improves to the mid-700s before applying.
Citi Premier
Citi Premier(r), card may be right for you if a newbie is looking for a card that will reward you for your spending and offer travel rewards. This card has a $95 annual fee. It rewards you spending in popular categories by giving you flexible ThankYou points. You can redeem those points for cash back, travel rewards, or gift cards. For every dollar you spend on the card, you can earn up 80,000 ThankYou points. This can be used to purchase gift cards worth approximately $800
Oakstone Platinum Secured MasterCard
The secure card offers many benefits to beginning consumers. It offers low APRs and a high credit limit, as well as reporting your payment history to the three major credit bureaus. It is free of penalty rates and does not require an annual fee. There is not a rewards or signup bonus. The security deposit required for this card is $200. This is a small amount compared with other secured cards. The card will also charge a 3 percent foreign transaction fee.
First Access Visa Credit Card
You might be new to credit cards and wonder if the First Access Visa Credit Card would suit you. Bad credit people will love the credit card because it can increase your credit score. You can expect your monthly usage to be reported to all three main credit agencies. This card has a high APR for purchases, so it might not be the best choice for those who don't intend to make regular payments. Fortunately, MoneyGeek has standardized methodology to give you an accurate score for your credit.
Chase Sapphire Preferred card
The Chase Sapphire Preferred Card is the best option for anyone new to the points and miles hobby. It has all the features that a professional cardholder wants, but at an entry-level price. This card offers everything you need to earn miles and points, from cash back to rewards. Because it's a new card you'll find many ways to maximize points. You'll be astonished at how fast your rewards add up.