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Credit Cards for Bad Credit

If your credit score falls between 300 and 639, you are already rated as having a bad credit score. It becomes difficult to access certain credit out there. All you will then need are credit cards for bad credit.

All hope is not lost, as we will be showing you the list of credit cards that you can still access even with a poor credit score.

Credit Cards for Bad Credit


What are credit cards for bad credit?

Credit cards for bad credit are credit cards set out for people with a credit score in the range of 300 to 639. What is the aim? Of course, it is to help you rebuild your credit.

In this case, we have the best credit cards for bad credit for you here. Guess what? These sets of credit cards offer annual fees as low as $0, while some even include rewards equal to 1% cashback and more on purchases. Also, these credit cards report account information to the credit bureaus each month. Thus, it gives you the privilege to rebuild damaged credit.

When you have bad credit, you should consider a secured credit card. That is to say, secured credit cards charge you less compared to unsecured credit cards plus your bad credit.

More so, it offers you the best approval odds. But if you need a little emergency loan with bad credit, you may have to compare unsecured cards for people with bad credit. Thus, at this point, it is less expensive. Of course, if you are not sure of the card to get, you can always trust us with the best credit cards for bad credit, which were chosen out of 1,000+ offers.

The Best Credit Cards for Bad Credit in 2020:

  • Firstly, Indigo® Mastercard® for Less than Perfect Credit Bad to fair credit
  • OpenSky® Secured Visa® Credit Card Bad or no credit
  • Also, Capital One® Secured Mastercard® has no annual fee.
  • Credit One Bank® Visa® Credit Card No Deposit
  • Lastly, Discover It® Secured. Secured

The 7 Best Credit Cards for Bad Credit in 2020

  1. Discover it® Secured

The best of it all is the Discover It Secured card. This secured credit card offers a $0 annual fee and at least 2% cashback on purchases. More so, it gets you 2% cashback when you spend up to $1,000 at gas stations and restaurants each quarter and 1% cashback on all other purchases. There is also one more thing you need to know: Discover doubles all the rewards earned in the first year and will require a $200+ security deposit from you.

Here, all of the best credit cards for bad credit have the same characteristics. For example, most of them require a deposit, and a few of them offer rewards and no annual fee.

  1. Credit One Bank® Visa® Credit Card

One bank platinum visa credit card for rebuilding credit is the best credit with no deposit. Furthermore, it charges an annual fee of $0–$99. This depends on the credit score of the applicant, against the $300 starting credit limit. Also, it is the cheapest unsecured credit card for bad credit that is available now.

  1. OpenSky® Secured Visa® Credit Card

This is a card that will offer you credit without a credit check. This is an opportunity open to you as long as you have the refundable security deposit, which is $200, and an annual fee of $35. With this, you are good to enjoy a card without a credit check, yet with high-odds approval.

  1. Capital One® Secured Mastercard®

This credit card offers credit to those with poor credit at a low fee. When I say low fee, I mean the deposit requirement fee. Thus, this is the best credit card you can choose for low fees. It requires a refundable deposit of $49, $99, or $200 for a $200 starting credit limit. There is no annual fee here.

  1. Citi® Secured Mastercard®

Rebuild your credit with Citi Secured MasterCard with no annual fee. Of course, it doesn’t charge you any annual fees, monthly fees, or application processing fees. You only need a refundable security deposit of $200.

  1. Indigo® Mastercard® for Less than Perfect Credit

If you have fairly bad credit, Indigo MasterCard for less-than-perfect credit is right here for you. Here, the annual fee varies depending on creditworthiness. Thus, it ranges from $40 to $99. Thus, the better your credit, the better the annual fee. But this card is an unsecured MasterCard. And that means there is no deposit.

In conclusion, the best credit cards for bad credit are secured cards with no annual fee. So, therefore, choose secured credit cards for your bad credit.

Check out the table below.

Best ForCredit CardAnnual Fee
Bad to fair creditIndigo® Mastercard® for Less than Perfect Credit$0-$99
Bad or no creditOpenSky® Secured Visa® Credit Card$35
No DepositCredit One Bank® Visa® Credit Card$0-$99
No FeeCapital One® Secured Mastercard®$0
High Approval OddsOpenSky® Secured Visa® Credit Card$35
No Processing FeeCiti® Secured Mastercard®$0

Tips on how to get it

  • Firstly, compare credit card fees.
  • Also, go for secured cards for high approval odds and low fees.
  • Lastly, catch up on late payments.