If you have bad credit but need access to quick credit cards there are a variety of credit card options that could work for you. There are two types of credit cards that you can apply for. One is a secured credit card which requires a deposit to be put down, usually the same as the credit amount allotted.
This varies between companies but can be anywhere from fifty to one thousand dollars. The advantage of one of these cards is that they report regularly to the payment bureaus. This allows someone with bad credit to build up good credit over time as they keep up with their payments.
The second type of credit card option for those with poor credit who are looking for an instant approval credit card, is a unsecured card. These cards have lower fees in general, but may be harder to qualify for. Here is a list of the best cards, both secure and unsecure, in 2017.
Credit One Bank Unsecured Platinum Visa
This card is ideal because there is no deposit required, and this is a greater starter card to help build up your credit. The APR is 16.15% – 24.65% Variable, and the annual fees range from zero to a maximum of 99 dollars per year. This card comes with Zero Fraud Liability at no extra cost to you. Which is an excellent perk.
Fingerhut Credit Account
The Fingerhut credit account is an alternative way to build your credit. They offer products like clothing, electronics, etc, and have zero down and zero fees. So, if you are a college student, or a parent with purchases planned, you can buy what you need here and build your credit at the same time. Why not use the Fingerhut card to build up a good credit score.
The Total Visa Card
The Total Visa Card is another popular option for those who want fast approval to build their credit. You will get a response about your application status in less than a minute. If you get approved there is a one time processing fee. They report payments monthly and are sure to be a fast track credit builder.
Amazon Credit Card
One of the more popular credit cards being used right now is Amazon’s new credit card. You will know if you are approved right away, and if you are an avid Amazon.com user, you will get cashback on all of your Amazon Purchases. Its three percent cash back from Amazon purchases, two percent on gas, and 1 percent back on everything else. So it’s an all around great deal. The great thing about this card is that you can use it online or out and about, you can also get a pin to access cash withdrawals if need be.
Primor Secured Visa Gold Card
This card has a 200 dollar minimum down payment. The positive for this card is the amazing APR rate of 9.99%, which is practically unheard of. There is no monthly fee, and the annual fee is only 49 dollars. This is one of the best deals as far as percentage rate that is out there right now.
Primor Secured Visa Classic Card
This card has most of the same benefits as the Gold card, but with a slightly higher APR at 13.99%. The annual fee is only 39 dollars and they even have a grace period of 25 days.
Discover It Secured Card
This card has a minimum deposit of 200 dollars. On the positive side this card has no annual fees and a fixed APR of 23.74%. Basically, for this card you will put down a deposit for the exact amount of credit you want, $200 for a credit line of 200, $500 for a credit line of 500, and so on. If you pay your bill on time and in full, you will avoid paying interest all together, while building up your credit by spending money you would usually spend during the month. Regardless of whether you choose a secured or unsecured credit card, be sure to pick one that suites your specific needs. The most important part about building credit is to pay on time and in full, if you want to get the maximum benefit from your credit cards. These are the best easy approval cards for 2017, and if you have bad credit, they will help you build your credit back even stronger.