There are many ways to build credit. One way to get credit is to apply for a secure credit card. These cards come with a lower interest and more features. You can also try a starter credit card or student credit card. These cards can help you build credit and improve your credit score.
Secured Visa(r). OpenSky(r). Credit Card
OpenSky Secured Visa(r), which is a credit card, requires a $35 annual fee. Credit checks are not required. You will still need to deposit a security fee, which can range between $200 to $3,000. After the account is closed is closed, the deposit will return to you. This helps reduce the risk to the lender, and it does not adversely affect your credit score.
With the OpenSky Secured Visa(r), you can set your credit limit. Your security deposit will determine your credit limit. You can choose from a credit limit of $200 to $3,000, depending upon your financial situation.
Capital One Platinum Secured
The Capital One Platinum secured credit card is an excellent option for anyone who wants to build their credit. You will pay a low annual fee, and you'll need to deposit $49 or $99 depending on your security deposit. You can increase your credit limit by making more payments and improving your credit score. You can also use the card's helpful tools to keep track of your credit score, payments, and credit limit.
The Capital One credit card does not require a Social Security number, which is especially helpful for those who are new to the country. To apply, you only need to provide proof of identification, such as a driver’s license. After six months, the company may consider increasing your credit limit. Capital One doesn't charge balance transfer fees so you can transfer your balance from one card to another without any fees. Be aware that this card does NOT offer the best rewards, or the cheapest balance transfers.
Capital One Quicksilver Credit Card Cash Rewards
The Capital One Quicksilver® Cash Rewards Credit Card is a great choice for those who wish to simplify their financial lives. It does not have an annual fee and provides unlimited cashback. This is an ideal option for those who use their credit cards to purchase many items, such as flights or dining out. You don't have to pay interest or offset expenses.
This card is only for those with good to excellent credit. Its rewards program offers a generous sign-up bonus, unlimited 1.5% cash back, and few redemption restrictions. Cashback can be used to purchase gift cards, cash, and statement credits. It is particularly helpful for people who spend a lot on gas stations and restaurants.
Petal 2 Visa Credit Card
Petal 2 Visa Credit Card, a great choice for anyone looking for a low-interest credit card with no fees or high interest rates. The card doesn't have an annual fee and it doesn't charge any fees for late payments. It doesn't charge foreign transaction fees making it ideal for travelers who often make international purchases. You can also get cash back on eligible purchases.
Petal 2 cards offer a tiered rewards program. As such, you will receive higher rewards for longer periods of time. The rewards start at 1.5% cash back and increase to 1.25% in six months. After twelve months, they rise to 1.5% and 1.5% respectively. Certain merchants may also offer cash back up to 10%. Redeem Petal Rewards to receive rewards. This can allow you to earn as much as 10% cash back on certain purchases.