No Credit and Limited Credit Credit Cards
In the past, having no credit history made it near impossible for consumers to get a credit card. But now, certain issuers, like Capital One®, realize consumers cannot have a positive credit history if no one is willing to extend them credit. For these consumers, we recommend the no credit and limited credit credit cards below.
With great features like fixed APR rates and automatic reporting, the credit cards listed here can help you build, rebuild or reestablish your credit history if you make on-time minimum payments with all of your creditors and maintain your balances below the credit limits.
If you’re new to the credit world and this is your first foray into applying for a credit card, you’ll want to consider no credit credit cards to begin. After all, you have to start somewhere when applying for credit. Credit cards for people with no credit give consumers the opportunity to begin building their credit and are perfect for students, young adults or those with limited credit.
Whether you’re a student, a credit newbie or you're just hoping to improve your credit history, there ARE no credit credit cards available to improve both your credit history and score. In the same way jobs require experience, credit requires, well, credit! The cards listed below are the best offers that new credit consumers are most likely to get approved for.
Find the best credit card for you.
Capital One® Secured Mastercard® Highlights
- Get the credit you need with no application or processing fees
- Automatic reporting to the 3 major credit bureaus
- Track credit with access to your credit score and other tools
First Progress Platinum Prestige Secured MasterCard® Highlights
- Credit Line Secured by Your Fully-Refundable Deposit of $300 -- $2,000 Submitted with Application
- Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
- No Credit History or Minimum Credit Score Required for Approval
If you've never had a credit card or loan in your name, you likely have "no" credit or a very limited credit history. Build positive credit by getting credit in your name (such as a credit card), by always staying within your credit limits, and by paying on time and in full every month.
Discover it® for Students Highlights
- The new Discover it card is out to change the way people think about credit cards.
- Generous…5% cash back in categories that change throughout the year like gas, restaurant, movies, and more up to $1,500 in purchases with free and easy sign-up. And 1% cash back on all other purchases.*
- Choose your own due date and pay up to midnight ET online or by phone.
|Year One||Year Two||Year Three||Total|
|Interest Savings on Balance Transfers||$315.45||$315.45||$315.45||$946.35|
|* For Interest Savings on Balance Transfers calculations, we use the amount you input in your "My Credit Card Profile". For calculation purposes, please note that as of February 2010, the CARD Act requires credit card companies to use customer credit card payments to pay off the highest APR portion of their balance first, which is more favorable for the customer.|
|Interest Savings on Balance for New Purchases||$810.30||$420.60||$420.60||$1,651.50|
|* For Interest Savings on Balance Carried on New Purchases calculations, we use the amount you input in your "My Credit Card Profile". Please note that as of February 2010, the CARD Act requires credit card companies to use customer credit card payments to pay off the highest APR portion of their balance first, which is more favorable for the customer.|
|This card offers 5% cash back ($.05) on up to $1,500 spent in rotating categories that change each quarter. Creditnet assumes cardholders spend 35% of their total purchase balance on these 5% cash back options. Creditnet then assumes that consumers earn 1% cash back on the remaining 65% of their monthly purchase balance.|
|Balance Transfer Cost||-$135.00||-$0.00||-$0.00||-$135.00|
|* For Balance Transfer Cost calculations, we take the specific balance transfer fee associated with a card to determine the cost. Once this balance transfer cost is calculated, we deduct this value from the total savings amount. Please note that we only factor in this cost if a user intends to transfer a balance, as determined by selecting "Yes" under "I want to carry a balance" in your "My Credit Card Profile".|
|* Annual fee costs are only deducted from your total savings when a card includes an annual fee. Credit cards that waive the annual fee for the first year have also been accounted for in our calculations.|