zero credit
A good way to start if you have zero credit history is with a credit card. Finding a credit card that does not require a prior credit history means that you need to compare different credit card offers and apply for the credit card that is right for you. Gas stations and department stores are a good place to start.
These issue cards more easily without many requirements. However, you can only use them to buy in their stores in limited amounts, but they will help you build your credit history. Additionally, there are a number of major credit card offers from companies that have programs available for those that have very limited or even zero credit history.
These cards may not come with many benefits since their main purpose is to give customers the chance to build a credit history. Never miss a payment, and pay off your balances, and you will soon have an excellent credit rating. In time, you will be eligible to apply for credits with great rewards.
The Capital One Platinum Credit Card is a great option for those with limited credit. It has no annual fee which is a plus. When you make your first five payments on time, you will be eligible for a higher line of credit. In addition, it offers free and unlimited access to your credit score and other educational tools to help you keep track of your credit. Also, it comes with fraud protection so if your card is stolen or even lost, you will not be charged for unauthorized purchases.
The Quicksilver Card from Capital One is another great credit card offer to help you establish credit. The great thing about this card is that it offers a 1.5% cash reward on every purchase. You can receive a check or have it applied to your balance. There is no limit on how much you are allowed to earn and the rewards do not expire. Also, there is no annual fee. There is also a great cash bonus offered. If you spend $500 in the first three months of owning the card, you will receive a $100 cash bonus.
The Journey Student Rewards from Capital One is a great way for college students to begin their credit history. No annual fee is charged and it even has a 1% cash reward for every purchase. When you make payments on time your rewards will increase to 1.25%. If you are studying overseas, there will not be a foreign transaction fee as with most other credit cards. After 5 timely payments, a higher credit line will be established. This is one of the best credit card offers available for students.
The Wells Fargo Cash Back College Card is another one of the credit card offers worth considering. It allows college students to pay for their basic and entertainment needs while establishing a credit history. There is no annual fee with this card. It has a 3% cash reward offered for 6 months on purchases of groceries, gas and drugstore. After 6 months, you will continue to receive a 1% cash reward on nearly all your purchases.
Rewards are given for every $25 you earn and you are given a variety of options for receiving your reward. You will receive special promotions and discounts for students. In addition, you will receive quarterly newsletters with monthly credit education tips to improve your credit status. Importantly, Wells Fargo offers free online courses to educate students on managing their credit wisely.
There are two top credit card offers with Discover cards. They offer easier approvals as well as rewards cash back options. Discover Card offers an interesting option for students that are building a credit history. No annual fee is charged and even no fee for going over-limit. If you make a late payment, there will be no fee for the first time. Also, no foreign transaction fee is charged.
For the student that keeps a grade point average of 3.0 or higher, the Good Grades Rewards Program gives $20 cash back every year for up to five years. In addition, a 5% cash back reward is given on purchases in selected categories that change every quarter. The first quarter it may be gas or restaurants with 1% cash reward on all other purchases.
For new card owners, there is an outstanding offer. At the end of your first year of card use, Discover It will actually double back your cash reward. In other words, if you have earned $105 in rewards, they will double it to $210! Overall, Discover It has some great credit card offers!
Bank of America has several credit card offers for those who are interested in starting or building their credit history. Their cash rewards Visa card offers 1% back on all purchases, 2% for grocery store purchases and 3% for gas purchases. Again, there is no annual fee with this card and when you deposit your cash back rewards into an existing Bank of America checking or savings account, you will receive a 10% bonus.
This credit card offers some great travel rewards for students. For example, for every one dollar purchase made, you receive 1.5 points in travel credit. Points can add up fast and can be used on any airline or at any hotel with no dates that are blacked out. Additionally, no fees for foreign transactions are charged. Also, when you have an active bank account with Bank of America you will receive 10% in bonus points on every purchase that you make with the card.
If you have limited credit history, a secured credit card may be the choice for you. Citibank has some good credit card offers to help you establish credit. A Citi Secured Master Card has only a $25 annual fee and only $200 is required to secure the card. When you make on time monthly payments, CitiBank will report to the three major credit bureaus and you will be on your way to building a good credit history.
If you simply do not want any credit check at all, then try Open Sky for a secured credit card. You can choose your own deposit with a minimum of only $200. Since this company reports to the three major credit bureaus, you will be able to quickly build your credit. Your deposit is eligible for a refund. However, there is a $35 annual fee for this card which we consider a reasonable fee while you are building your credit.
If you’re looking for a credit card but need to build your credit score, the process can seem daunting. You may not be confident about where to start or how long it will take and credit card offers that a company may give. If this sounds like you, then keep reading. We’ll cover what you need to do to apply for a new credit card with zero credit history and no job and get amazing credit card offers. We’ll also talk about some of the best cards that are instant approval.
The first step is to check on your credit score. This will give you an idea of where you stand and what cards are available. Once you are sure of your credit score, the next step is to find a card that’s best suited for you. If you have bad or zero credit, we recommend looking into secured cards.
These cards require a security deposit, but they’re a great way to start building your credit history.
Another option is to look for instant approval cards.
These cards don’t require a credit check and can be approved within minutes. However, not all instant approval cards are created equal – so make sure to do your research before applying. The final step is to apply for the card. You can usually do this online or over the phone.
Prepare to provide basic information, such as your name, address, and Social Security number. Once you’ve applied, it’s essential to stay on top of your credit score. This will help ensure that your credit history is improving. And remember – always pay your bills on time.
We would like to tell you that there are guaranteed approval cards available for everyone even if you have zero credit. However, that is not the case. All credit card companies will check the creditworthiness of those who apply. If your credit score is struggling, then the closest you will get to a “guaranteed approval” is a secured card.
Of the above 10 cards, Open Sky may be one of the best to get you started on your way to a better credit rating. No credit check is done. All that is needed is a social security number (valid), an address in the United States and you need to be at least 18 years old.
You should also earn enough money to pay the $200 deposit and make payments each month. A fee of $35 is charged annually. Whatever secured card you choose, use it responsibly, make all payments on time and you will be well on your way to building your credit. With a higher credit score your options for credit cards will grow.
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