If you find that you only have a fair credit score, don’t be discouraged. You may not be able to get the most attractive loan on the market or the credit card with the best rewards, but you can still qualify for a number of credit cards. If you credit score is in the 640 to 699 range, there are a number of credit cards that are designed specifically for you, and will help you build your score for the future. Here are some of the top cards in 2018 for people with fair credit:
The Capital One QuicksilverOne Cash Rewards card
offers 1.5% cash back on every purchase with absolutely no limit on the amount of cash you can earn. The standard interest rate of 24.99% (Variable) will apply to both new purchases and cash advances. This is a variable interest rate that can rise with the prime rate. Capital One also offers QuicksilverOne cardholders the opportunity to increase their credit line after making their first five monthly payments on time. There is a $39 annual fee for this card, and no foreign transaction fees imposed on charges processed outside of the United States.
The Capital One Platinum card
has no rewards program, but also does not have an annual fee. Like the QuicksilverOne, it offers new cardholders the chance to receive a higher line of credit when they make their first five monthly payments on time. Capital One’s Credit Tracker app is also included. The interest rate for this card is 24.99% (Variable) on both purchases and cash advances, but there are no annual fees or foreign transaction fees.
With over five million customers, Credit One is one of the nation’s largest credit card providers. You can see if you pre-qualify for the Credit One Bank Platinum Visa for Building Credit
without doing any harm to your credit score. Cardholders receive 1% cash back on eligible purchases. You can also take advantage of free online credit score tracking as well as the chance to increase your credit line. Once you are approved for your account, it will have an annual fee of between $0 and $99 depending on your credit profile, and there is a $19 annual fee to order additional cards for authorized users. The standard APR for purchases will be 16.99% - 24.99% Variable based on your creditworthiness when you open your account.
With the Milestone Mastercard
, you can complete the pre-qualification form, and find out if you are prequalified based on your credit profile. Depending on your creditworthiness, you could receive a card with a $35 annual fee, a $59 annual fee or one with a $75 fee the first year, and $99 thereafter. There is also an authorized user fee of $25 each year to add an additional cardholder. Regardless of which offer you receive, the standard interest rate will be 23.90% for both purchases.
Most every small business card on the market requires you to have good or excellent credit but the Capital One Spark Classic card
only requires fair credit, making it a very attractive card. The card has no annual fee and you get 1% cash back on every purchase you make. As a small business owner, you will receive helpful year-end summaries, and can add employee cards at no extra cost. There is fraud coverage if any of your small business cards are lost or stolen. The card does has an interest rate of 24.24% (Variable) so you will want to pay off the balance in full and on time each month. Like all Capital One cards, there are no foreign transaction fees with the Spark Classic card.