Top 4 credit cards for bad credit
People who have faltered in maintaining a good credit history and do not have the required score can still apply for a credit card. The issuer of the card is at a higher risk of losing his money with such applicants. Therefore, these cards are specially created to ensure both the consumer and the issuer profit from it. Since online approvals have become the new trend, below are the top four options for credit cards with bad credit that are instantly approved
Credit One Bank® Platinum Visa® for Rebuilding Credit
Apart from knowing the fate of your application within seconds, this card also provides you the benefit of 1% cash-back on purchases with eligible partners.
Green Dot primor® Visa Gold Secured Credit Card
With an annual fee of $49, this credit card comes with various benefits. It is one of the easiest cards for you to receive instant approval. It is safe because it reports to all three bureaus and you do not need to have a perfect credit history to get this card. The APR (Annual Percentage Rate) for the same is 9.99%, making it a good choice.
First Progress Platinum Elite MasterCard® Secured Credit Card
All the cards by First Progress come with an option of instant approval and do not require you to have a good credit history. Being the lowest variant of this particular product, this card has an APR rate of 20.24% and has a variable APR of 25.24% for cash advances. Additionally, you can use it anywhere nationwide, and it comes with an annual fee of only $39.
First Access VISA® Credit Card
It comes with a starting annual fee of $300, but it depends on your eligibility as well. Even though no credit history is required, you may be required to pay off your bills up till 21 days from the due date to avoid any interest on your expenditure.
It takes about 60 seconds to get instant approval. It is safe, and if you are eligible, your card will reach you soon. Although, it is highly advisable for you to maintain a good credit score and not exploit your credit card. In case you have not been able to, the options mentioned above are great to consider for credit cards with instant approval.
