Monday, May 20th, 2013

Top Ten Credit Card Companies for Consumers with Bad Credit

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You have bad credit and you need a credit card… But companies don’t give credit cards for bad credit, right?  WRONG.  Credit card companies are in business to make money, and they make millions off of people who have bad credit, just like you.  In fact, they depend on you.  Think about it this way…if everyone had perfect credit and paid off their credit cards every month, the credit card companies would go bankrupt.

We’ve taken the liberty of compiling the ten best credit cards for bad credit.  Knock yourself out.

#10  

FLEXCARD PROGRAM HYBRID RELOADABLE VISA
https://flexcardprogram.com/card
  • Up to $1,500 in Cash Advances
  • Great for repairing credit
  • Credit Bureau reports every 30 Days
  • No Annual Fee
  • Guaranteed Approval
*Checking Account Required
*Security Deposit of $69 Required
 

#9  

First PREMIER® Bank MasterCard® Credit Card
https://www.applyformypremier.com/PersonalInfo.aspx?appid=RE11072917415UU5R
  • Checking account required
  • Can get up to $300 credit line with $95 refundable security deposit
  • Great for rebuilding credit score

*

Intro APR/Period: N/A

*

Regular APR: 49%

*

Annual Fee: $75
 

#8  

Orchard Bank Visa Cards
http://www.orchardbank.com/ecare/cards?docId=Cards_Tab_data_cards_ob_sp4_xml
  • Reports to three major credit bureaus automatically
  • Accepted everywhere Visa is accepted
  • Great for rebuilding credit score
  • Payment reminders sent through text and email

*

Intro APR/Period: N/A

*

Regular APR: 7.9%-19.9%

*

Annual Fee: $59

#7

Capital One® Secured MasterCard®
http://www.capitalone.com/creditcards/mastercard-secured-credit-card/learn-more/
  • No processing fees
  • No application fees
  • Security Deposit is refundable and can eventually get you a credit line up to $3000
  • Reports to three major credit bureaus automatically
  • Credit Tracking Tools
  • Works just like a regular MasterCard

*

Intro APR/Period: N/A

*

Regular APR: 22.9%

*

Annual Fee: $29
 

#6  

Green Dot® Gold PrePaid Visa®
www.mygreendot.com/GetItNow
  • No Credit Check required
  • For 1st MoneyPak cash load you get a $4.95 credit
  • No Overdraft fees
  • $10 Direct Deposit Incentive (restrictions apply)
  • No monthly fee (min 30 purchases per month); $5.95 if less than 30 purchases
  • No US Transaction fees
  • No minimum balance required
 

#5  

Account Now Gold Visa® Prepaid Card
www.accountnow.com/PrepaidVisa
  • No Credit Check
  • Direct Deposit Incentive: $25
  • Free Online Tools Incl: Bill Pay and Check Writing
  • Approval Guaranteed
  • No Activation Fee
*Monthly Fee: $9.95
 

#4  

Aventium® Classic Credit Card
www.aventiumcard.com/
  • $95 Secur. Deposit = $300 Credit Limit
  • Great for rebuilding credit
  • Refundable Security Deposit
* Must have checking account to qualify
 

#3  

FIRST PREMIER® BANK CLASSIC CREDIT CARD
https://www.premierclassic.com/
  • $95 Secur. Deposit = $300 Credit Limit
  • Great for rebuilding credit
  • Refundable Security Deposit
  • Account access by phone 24/7
*Must have checking account to apply
 

#2  

BABYPHAT PREPAID VISA® RUSHCARD
https://www.rushcard.com/Index.aspx?CardType=3&referer
  • No Charge for Direct Deposit
  • Credit check not required
  • Free Text Alerts
  • Free Online Bill Pay
  • Up to 85% of Prescriptions using this card
 

#1  

Orchard Bank Classic MasterCards
http://www.orchardbank.com/ecare/cards?docId=Cards_Tab_data_cards_ob_sp7_xml
  • Great for rebuilding credit score
  • Reports to three major credit bureaus automatically
  • Accepted anywhere MasterCard is accepted
  • Payment reminders sent through text and email

*

Intro APR/Period: N/A

*

Regular APR: 7.9%-19.9%

*

Annual Fee: $59

 

 

 

 

 

 

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