No Credit Credit Cards
There are many people with no credit or no credit history. Don’t worry, there is a way to rebuild or establish your credit.
One credit card that is available for those with no credit is:
Secured MasterCard From Capital One
This card is for people REBUILDING CREDIT or have NO Credit.
Initial Credit Line ranges from $200 – $3,000. A minimum required security deposit gets you a $200 initial credit line. Deposit more than your minimum required security deposit before your account opens to get a higher initial credit line, up to $3,000. Purchase Rates are 24.99% variable APR with no annual fee.
MasterCard® is accepted worldwide.
CreditWise® from Capital One® is also offered which gives you unlimited access to your credit score and tools to help you monitor your credit profile with CreditWise. It’s free and available to anyone, even if you’re not a Capital One cardholder.
Apply for SECURE Credit Cards is the best option when you do not have any credit. A secure credit card is an option that allows you to rebuild your credit history when you have bad credit. This is because it is secured by a certain amount of cash that you deposit in an account with the company that provides you the credit card. With this card, you will have to limit your spending to a certain amount. This is typically determined by the balance in your account. The lender may allow you to spend between 50% and 100% of that amount. You can use a secure credit card at any outlet store that accepts standard credit cards.