If you’re reading this, chances are you’re looking for a credit card but feeling stuck with a less-than-perfect credit score. Don’t sweat that score—we’ve got you covered. Here’s how to find an excellent credit card that won’t rip you off, even if your score is currently a work in progress.
1. Know Your Score and What’s Affecting It
First things first, make sure you know your credit score. You can check it for free through various online platforms—like this credit score service, which offers a free trial. Understanding your score helps you set realistic expectations. Is your score low due to late payments, high credit card balances, or maybe a limited credit history? Identifying these factors is the first step toward improvement.
2. Look for Secured Credit Cards
Secured credit cards are a great option if your credit score is on the lower side. These cards require a security deposit upfront, which usually acts as your credit limit. They’re designed to help you build or rebuild your credit over time with responsible use. We recommend the Chime Credit Builder Secured Credit Card because you can get approved with no prior credit, and there’s no interest or annual fees (which is crazy rare).
3. Consider Cards Aimed at Lower Scores
There are plenty of credit cards designed specifically for people with bad credit, but many of them can be predatory. The Milestone Mastercard and Fortiva Mastercard are two strong, credit-friendly choices offering credit lines up to $1,000 for those with “non-prime” scores; these are typically scores below 660. They don’t require a security deposit, so you can start shopping as soon as you’re approved. While cards for those with lower scores don’t usually offer the benefits of higher-end cards, they can be a useful tool to improve your credit score. That’s why you’ll want to pick one that reports to all three major credit bureaus: Equifax, Experian, and TransUnion.
4. Build a Positive Payment History
Once you get a credit card, the key is to use it responsibly. Make small purchases and pay off the balance in full each month. This will help build a positive payment history, which is a significant factor in improving your credit score.
Remember, everyone’s financial situation is unique, so take these tips and apply them in a way that makes sense for you. Building or rebuilding your credit is a journey, but with the right strategies and a bit of patience, you’ll get there!
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