After bankruptcy, the best credit card is one that has no annual fees and rewards. The Discover it(r) Secured Credit Card is an example of such a card. The card comes with no foreign transaction fees, late fees or annual fees. You also have free access and information about your FICO score.
OpenSky Secured Visa(r), Credit Card
OpenSky Secured Visa (r) is a great option if you are rehabilitating your credit after filing for bankruptcy. You can choose a credit limit based on your refundable deposit, and this card allows you to make payments on time. It also charges a much lower annual fee than other secured credit accounts. OpenSky from Capital Bank is a secured bank credit card. However, it comes with the Visa card benefits.
OpenSky Secured Visa offers another advantage: It does not require you to have a credit report. Your credit limit is based on how much you deposit into your card's account. You can raise it anytime you wish. The $35 annual fees for this card are payable. This card has one drawback: it will not allow you to upgrade to an unprotected account.
Discover it Secured Kreditkarte
If you're trying to get back on your feet after a chapter 13 bankruptcy, the Discover it Secured Credit Card is the right choice for you. You won't be charged an annual fee and will receive rewards for using your card. The secured credit card has no foreign transaction fees and late fees. This secured credit card also gives you free access to your FICO Score, which will help improve your credit score.
Although secured credit cards generally carry a higher interest rate, they can be an important tool to learn proper credit card habits. A Discover it Secured Credit Card after chapter 13 can help get you back on track. It will give you double cashback rewards for your first year of purchases.
Capital One Platinum Secured Kreditkarte
Capital One Platinum Secured Crt Card after chapter 13 is an option if it's been a while since you filed for chapter 13, or if your past credit history shows no sign of recovery. The credit card comes with a no-annual fee and allows you to grow. Although you will need to pay a $49 security deposit, it is possible to make monthly payments. After approval, the card can be used to rebuild your credit. The company will allow you to increase your credit limit up to $1,000 once your security deposit is paid.
This card is a great option for those who want to rebuild their credit history. The initial deposit is $49, $99 or $200. However, you can pay the balance in twenty-five days with $20 installments. While the card does not offer any rewards or a high limit on credit, it does offer some benefits like no foreign transaction fees. The card also includes Mastercard ID theft protection, fraud protection, and emergency card services.