Best Credit Cards for Bad Credit Score. A Credit Card is simply a payment card that is being issued to users to allow the cardholder to pay a merchant for goods and services.
That are based on the promise of the cardholder to the card issuer to pay them for the amounts together with the other charges agreed.
Best Credit Cards for Bad Credit Scores
Here, in this article, I have sorted and emphasized little if not much on the best credit cards for bad credit scores. In case you are wondering the kind of credit cards is best for bad credit scores.
Anyways, keep reading to see them.
Below are some of the best credit cards for bad credit score:
Discover it Secured Credit Card
This credit card is one of the best credit cards for bad credit score. It has no annual fee with an unlimited 1% cash back rate on every purchase made. Together with 2 percent cash back at gas stations as well as restaurants on up to $1,000 in combined purchases each quarter.
Also, the card has got no APR.
In all, this card is a very great option for those people that want to build their credit again. The matching cashback reward at the end of your first year is a really good bonus.
Though, what you might not so like about the credit card is the Security deposit does noT earn INterest and also $1,000 quarterly SPENdinG cap on 2% earninG category (then 1%)
Avant Credit Card
The Avant Credit Card is a great option for those with very limited or weak credit. Why this card is loved and recommended is the fact that it reports to every of the three major credit bureaus, it has no processing or application fees, no foreign transaction fee.
Also, it doesn’t require any security deposit.
However, the disadvanTAGES includes:
- Annual fee of $39
- High regular APR
- Low credit limit
- No welcome bonus or rewards PROGRAM.
Bank of America Cash Back Secured Credit Card
This is also one of the best credit cards for bad credit scores.
Why this card is so much loved is the fact that it has no annual fee and also has the ability to earn rewards.
The Bank of America card can provide a way forward for those people that want to build their credit profile.
What you might not too like about the Bank of America credit card is the fact that the bonus categories require opt-in and the card also requires a security deposit.
Milestone Gold Mastercard
The Milestone Gold Mastercard Is also one of the best credit cards for bad credit scores.
Though, The card is not so great of an offer Because of the low credit limit and the high annual fee.
What you might dislike about the card is that:
- The card has onLY $300 credit limit
- $25 account opening fee
- A penalty APR of 29.90% may be applied if a late payment is made.
- $39 over-limit fee.
OpenSky Secured Credit Visa Card
OpenSky is also one of the best credit cards for bad credit scores as it offers credit tips as well as a dedicated credit education page on their website to carry you along.
What more to know about OpenSky?
- No credit check necessary to apply. The companY believes in granting opportunities to everybody.
- OpenSky reports to all the 3 main credit bureaus as it builds credit quickly.
- The refundable deposit that you provide becomes your credit line limit on your Visa card. You can choose it yourself from as low as $200.