Credit Cards For Bad Credit & Poor Credit

These credit cards are specifically for people that have bad credit or poor credit. While these credit cards won’t contain low interest rates, rewards programs, or other premium benefits that come with other cards, they will help those with bad credit and poor credit get a credit card. These cards are accepted anywhere a normal credit card is accepted and many of these cards now feature low or no fees.

Each card contains our editor’s rating and objective opinion. The cards below are sorted in order of our editor’s opinion:

The main pros of these credit cards is that they are specifically designed for individuals with bad credit. That means the card features, benefits, and structure are put in place to help those who have low credit scores, typically between 350 and 640. These cards are much safer to use than cash and will allow you to keep better track of your purchases. They can be used anywhere credit cards are accepted. Lastly, many of these cards now have no monthly fees associated with them.

There are cons to cards for those with bad credit. First of all, these cards won’t have all the bells and whistles of those with annual fees and those designed for people with excellent credit. Secondly many of these cards won’t have any sort of rewards program or introductory offer. And lastly, there sometimes will be a one-time setup or funding fee for certain cards. Be sure to read the full terms and conditions of the card you decide on to make sure it’s a good fit for your financial situation.

These cards are specifically designed for those with a FICO score between 350 and 640. If your score is above 640, we highly recommend looking at cards designed for fair, good, or excellent credit as those cards will have more benefits to reward your higher score.

If your score is between 350 and 640, then you are classified by the credit card industry as having bad credit. However this doesn’t mean you can’t get a credit card. We have over a dozen cards listed below that are specifically designed for your situation and have financial tools to help you use your card responsibly and some cards will even report to the credit bureaus to help you rebuild your credit score.

Prepaid cards are similar to debit cards or gift cards in that you load them with an amount of money and then have that money available to be used on the card. When you run out of money you simply reload the card.

Secured cards are more similar to credit cards, however you are required to provide an initial deposit that the card issuer keeps as long as you have the card then you are issued credit in the amount of the deposit or higher. These cards typically report to the credit bureaus and act more like a traditional credit card.

If you’re unhappy with your credit profile, then rebuilding your credit will be a priority for you. Select a credit card that reports to the major bureaus and make it a habit of using your card each month and paying in full, on time. This will help slowly raise your credit over time.

Additionally, if you have a large amount of debt and bad credit, you may want to speak with a professional about the options available to you to help you climb out of debt and get back on the road to improving your credit score. As your credit score rises, you will open the door to additional credit card opportunities that will come with more features and perks than a card designed specifically for bad credit.

1. Credit One Bank® Credit Card with Gas Rewards Bad Credit

Credit One Bank® Credit Card with Gas Rewards Bad Credit Apply Now See Details
Intro Rate: N/A
Interest Rate: 17.90%-23.90%(V)
Annual Fee: $35-$99

Credit Profile : Poor

Editor Rating :

Best Card Features: Rewards Program; Get pre-qualified without affecting your credit score

2. Credit One Bank® Earn More Credit Fast Bad Credit

Credit One Bank® Earn More Credit Fast Bad Credit Apply Now See Details
Intro Rate: N/A
Interest Rate: 17.90%-23.90%(V)
Annual Fee: $35-$99

Credit Profile : Poor

Editor Rating :

Best Card Features: N/A

3. Horizon Gold

Horizon Gold Apply Now See Details
Intro Rate: None
Interest Rate: N/A
Annual Fee: N/A

Credit Profile : Fair

Editor Rating :

Best Card Features: N/A

4. ACE Elite™ Visa(R) Prepaid Debit Card

ACE Elite™ Visa(R) Prepaid Debit Card Apply Now See Details
Intro Rate: N/A
Interest Rate: N/A
Annual Fee: N/A

Credit Profile : Poor

Editor Rating :

Best Card Features: No hidden fees, No minimum balance

5. OpenSky® Secured Visa® Credit Card

OpenSky®  Secured Visa® Credit Card Apply Now See Details
Intro Rate: N/A
Interest Rate: 17.50%
Annual Fee: $29

Credit Profile : Poor

Editor Rating :

Best Card Features: N/A

6. First Progress Platinum Prestige MasterCard® Secured Credit Card

First Progress Platinum Prestige MasterCard® Secured Credit Card Apply Now See Details
Intro Rate: N/A
Interest Rate: N/A
Annual Fee: N/A

Credit Profile : Poor

Editor Rating :

Best Card Features: Quick online application; Reports to all 3 major credit bureaus

X
Take the survey