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Best Credit Cards If You Have No Credit. Best 0% APR Cards. Zero Interest for Up to 21 Mos.‎ Unsecured and Secured Options

We all know about the “secured” credit cards for people who are trying to rebuild their credit history. However, this always involves a deposit of some kind which ties up your money in a card which requires heavy babysitting. This is the kind of care and attention which comes easily for people with good credit. Fortunately, there are some no-nonsense credit cards for people with no credit history or who need to compare the best cards for their credit needs.

We all have credit needs and easy approval credit cards are fully beneficial. What are some of the easy approval credit cards which we can look at today? We will name some of the best and brightest in their field, with top customer ratings, so that you can rely on the opinions of your fellow bad-credit peers to help you choose.

Capital One Platinum Credit Card

This card is great for people who need to build their credit quickly so that they can have access to greater lines of credit in a few months. By making your first five monthly payments on time, the card will make you eligible to increase your credit limit. This, in turn, will increase your credit score because it shows that you are eligible for greater lines of credit. It also proves to you that you are able to accomplish great creditworthiness within a small amount of time. This is highly encouraging for people with bad credit because they often feel like they cannot gain any traction with their credit limit or their credit status. Cards like the Capital One Platinum Credit Card will be very encouraging for anyone struggling to make progress quickly.

Credit One Bank Platinum Visa for Building Credit

As you can see right in the title of the card there, this credit line is for people who are building their credit back up. This card has TWO major benefits which are especially appealing to people who have bad credit or no credit history at all. First of all, this card allows you to become qualified without affecting your credit history. Most of the time, when you check your credit (or a potential credit card does it for you), this is shown on your credit report as an inquiry, which affects your credit score because it is assumed that you are about to take out more lines of credit. This card, however, allows you to check to see if you are qualified without this piling onto your credit report. Second, it is an unsecured card, which means that there is no deposit required. If you are using most of your paycheck and do not have the resources to set aside extra cash for a secured card at the moment, you can still get this card. It’s fabulous because it gives you the option of simply having it if you need it, without having to put money into it first.

Milestone Mastercard

This is a card which allows you to be considered, even if you have bad credit. When you compare it with other major credit cards, this can be your gateway back into regular credit management. By using this card a little bit at a time and setting up automatic payments from your checking account into this card, it will quickly build your credit profile without you having to do much else. In addition to that, it is one of those nifty cards which allow you to see if you are qualified without it affecting your credit rating. This is very useful when you are dealing with multiple inquiries into your credit history. In conclusion, all three cards are great and all three of them have fantastic coverage and this is true even if you have bad credit or no credit at all. That is a significantly higher benefit than waiting to be solvent in a year or two.

Capital One Platinum Credit Card

This card is great for people who need to build their credit quickly so that they can have access to greater lines of credit in a few months. By making your first five monthly payments on time, the card will make you eligible to increase your credit limit. This, in turn, will increase your credit score because it shows that you are eligible for greater lines of credit. It also proves to you that you are able to accomplish great creditworthiness within a small amount of time. This is highly encouraging for people with bad credit because they often feel like they cannot gain any traction with their credit limit or their credit status. Cards like the Capital One Platinum Credit Card will be very encouraging for anyone struggling to make progress quickly.

But What If You Have NO Credit?

If you do not have established credit this is a good time to research the best ways to build and maintain successful credit. The future of your credit is in your hands which means that choosing a credit card option that fits your spending habits can help you start to establish your goals. There are many different credit card options both unsecured, which means a lender gives you a credit line upon approval, and a secured line, which means you pay a deposit to start your credit card. Applying for a secured card is a good way to start building credit because it allows you to learn how to use a credit card. Generally, secured cards only give you a small credit line, and most deposits are $200. Once you pay the deposit, your credit line becomes that $200. Each bank and lender has different processes for how they determine your credit line, but this is a general model. Learning how to spend responsibly with a small credit line will help you maintain a good credit score. After you learn how to use a secured credit card and you feel comfortable, you can move to an unsecured line. Sometimes the bank will offer it to you, and sometimes you have to apply.

Become an Authorized User of Someone’s Credit Card

If you cannot or do not want to start with your own credit card, you can become an authorized user on someone else’s card. This means that someone you know notifies their credit card company that you are able to use their credit card. Your credit activity will reflect on the card if the company reports to the three major credit bureaus. It is important to do because it allows lenders to see that you are responsible with borrowed money.

Capital One Platinum Credit Card

This card is designed for those with little to no credit. It also has no annual fee and it reports to the three major credit bureaus. If you are new to building credit this is a great option because there are no excess fees associated with this card.

Benefits:

  • Easy approval if you have no credit
  • Helps build credit by reporting to credit bureaus
  • No Annual Fee
  • Opportunity to Increase Credit Line after 5 Months

In addition, being able to qualify for a higher credit line after responsible use is a great incentive to help you learn how to build credit and use your credit card. They also offer perks like online banking, and fraud protection, which can help you make a habit out of checking your report and spending habits. The APR is 24.99 percent, which is high but generally normal for those with no credit.

Discover It Secured Credit Card

Developed for bad credit, which means this card is easy to get approved for if you do not have credit at all. Because it is a secured card it can provide extra help introducing you to correct and responsible spending habits you should adopt as a credit card user.

Benefits:

  • Easy Approval
  • Rewards Card
  • No Annual Fee
  • Potential to transition to an unsecured line

This card is also a rewards credit card, which means that you can actually make money having this card. The security deposit is refundable and it is $200. Once you pay the deposit it becomes your credit line. The APR is 23.99 percent, which again, is similar to other cards for people with no credit.

OpenSky Secured Visa Credit Card

OpenSky is easy to get approved for, almost anyone can be approved for this card. They also offer a slightly lower APR then the other two cards mentioned at 18.39 percent. The refundable deposit of $200 is all you need to start your account. They report to the three major credit bureaus so this card is not only easy to get approved for but it will help you build credit.

Benefits:

  • Extremely Easy approval
  • Reports to Three Major Credit Bureaus
  • No Credit Check
  • Credit lines up to $2,000

OpenSky believes in helping you build healthy credit so they do other things like offer you tips and credit education. In addition, they have a community forum on their social media account where other OpenSky credit card holders can communicate.

Getting Started On Your Financial Future

Overall, building credit takes research and responsibility. You want to start with opening one card and having it open for a few months and building your score. Do not open too many cards at once. Using these cards you can start to build a successful credit score.