Applying for a new credit card can be a challenging task, especially if you’re concerned about your credit score. You might wonder, “What’s the easiest credit card to get?” The good news is that there are credit card options available even if you have a relatively low or poor credit score. In this article, we’ll explore the best credit cards to consider in various financial situations.
5 Easiest Credit Cards to Get Approved For
Credit cards aren’t one-size-fits-all, and the best card for one person may not be ideal for another. Whether you’re a student, looking to rebuild your credit, or simply need a credit card, you can find the easiest credit card to get based on your specific circumstances. Here are five credit cards to consider:
Capital One Platinum Secured
The Capital One Platinum Secured Credit Card is an excellent choice for individuals with bad or fair credit. The application process is straightforward, offering quick approval decisions.
Notably, this card has no annual fee and may offer a credit limit increase after six months of responsible credit use. It’s a valuable tool for building or rebuilding credit.
- Credit Score: Bad/Fair (300-669)
- Annual Fee: $0
- Regular APR: 29.74% (variable)
- Welcome Bonus: None
- Rewards: None
Discover it® Secured
Contrary to common belief, secured cards can offer cashback rewards, and the Discover it® Secured card is a prime example. It provides up to 2% cash back on all purchases, and your credit score won’t be a barrier during the application process. Additionally, it reports your payments to credit bureaus and offers free credit score tracking.
- Credit Score: Poor (300-629)
- Annual Fee: $0
- Regular APR: 27.24% (variable)
- Welcome Bonus: Balance transfer APR of 10.99% for 6 months after the first transfer (for transfers made before September 10, 2022)
- Rewards: 2% cash back on gas and restaurants up to $1,000 per quarter; 1% unlimited on other purchases; double cash back in the first year (Cashback Match)
Discover it® Student Chrome
Discover it® Student Chrome is a student-friendly version of the Discover it® Secured card. It offers the same benefits, including cashback rewards and free credit score monitoring. This card is tailored to students aged 18 to 21, and there are no credit score requirements during the application process.
- Credit Score: Any score
- Annual Fee: $0
- Regular APR: 0% for the first 6 months, then 17.24% to 26.24% (variable)
- Welcome Bonus: Balance transfer APR of 10.99% for 6 months after the first transfer (for transfers made before September 10, 2022)
- Rewards: 2% cash back on gas and restaurants up to $1,000 per quarter; 1% unlimited on other purchases; double cash back in the first year (Cashback Match)
First Progress Platinum Elite Mastercard® Secured
The First Progress Platinum Elite Mastercard® Secured is an excellent choice for building credit. With an interest rate below the market average for similar cards, it’s a cost-effective option. It doesn’t require a credit score check or credit history review during the application process. Additionally, you can check your credit score for free.
- Credit Score: Any score
- Annual Fee: $29
- Regular APR: 16.74% + Prime Rate (variable)
- Welcome Bonus: None
- Rewards: 1% cashback on all purchases made and paid on time with the card
Surge Mastercard®
The Surge Mastercard® offers an attractive initial credit limit, starting at $1,000. With responsible payments in the first six months, your limit can automatically double. Accepted worldwide, it’s an excellent tool for building credit and establishing healthy financial habits.
- Credit Score: Any score
- Annual Fee: $75 to $125 in the first year, then $99 to $125 (monthly maintenance fees of $0 to $10 apply after the first year)
- Regular APR: 29.99% (variable)
- Welcome Bonus: None
- Rewards: None
In Conclusion
In conclusion, these five credit cards cater to various financial situations and credit scores, making it easier to access credit in 2023.
Before applying for a credit card, carefully evaluate your needs and financial standing to choose the one that best suits your circumstances. For more options tailored to those with bad credit who want to rebuild, refer to the linked post.
