There may be several credit cards that are suitable for you if you have bad credit. There are some credit cards with poor credit that allow cash withdrawals. However, these cash withdrawals are subject to different rates and fees than purchases, so it's best to shop around before signing any documents.
Capital One Quicksilver Secured Credit Card Rewards
Capital One Quicksilver Credit Card Secured Cash Rewards may be the right card for you, especially if your credit is not good. The card's ongoing APR is quite high but it is easy to apply online. It reports to all three credit agencies.
Capital One Quicksilver Secured card does not require you to have a credit check. It will not affect your credit score permanently if you have low or no credit. This card will let you build credit and earn rewards from selected merchants.
Capital One Quicksilver Secured Commercial Credit Card
Capital One could be a good choice for you if you have poor credit. The company offers soft credit checks and does not charge an annual fee. Applying for this card may temporarily impact your credit score. The card's pre-approval is free and you should use it.
Capital One Quicksilver Secured cash Rewards Credit Card requires a $200 minimum deposit. Higher deposits can help you get a credit limit that is higher. After six consecutive months of paying on time, the company will automatically increase credit limits.
Wells Fargo Business Secured Credit Card
The Wells Fargo Business Secured Credit Card offers a great alternative for those with bad or poor credit histories. It requires a refundable deposit, and has lower purchase interest rates than other credit cards. It reports to several credit bureaus. This credit card doesn't come with any bonuses or rewards for signing up.
A business secured credit card will require a refundable cash deposit. This serves as the account's limit. The bank will retain the deposit if the account holder defaults, but will report any positive activity to credit bureaus. In some cases, the account holder can be upgraded to a regular unsecured business credit card.
Credit One Secured Credit card
Capital One offers the Quicksilver secured credit card to those with bad credit ratings. This card requires you to deposit $200 and provides a credit line of up 200 dollars. This card offers the possibility to earn back the deposit through statement credits.
This card offers 1.5% cashback on all purchases. The rewards system offered by this card is similar to those offered by nonsecured rewards cards. This card has no annual fee, and you can upgrade your credit line after six months.