Best for rebulding credit
Capital one platinum secured credit card
4.2
CreditYelp review
On Capital One's secure site
Rewards Rate
N/A
Intro Offer
N/A
Annual Fee
N/A
Regular APR
28.49%(Variable)
Recommended credit
No Credid History
This card is an excellent option for people with poor credit scores as it helps you to improve your score without costing you in the process. You'll be automatically considered for a higher credit line in as little as six months with on-time monthly payments. And its low-cost barrier means you can secure a credit line of up to $200 with a deposit as small as $49.
Read our full Capital One Platinum Secured Credit Card Review.
Pros
- Unlike most secured cards, which require a deposit equal to your credit limit, cardholders can get a $200 credit limit with a deposit as small as $49.
- You'll be automatically considered for a higher credit limit, with no additional deposit, with six months of on-time payments.
Cons
- People with bankruptcies or debt collections on their credit reports may have a more challenging time qualifying.
- The 28.49 percent ongoing variable APR is high when compared to some similar cards.
- No annual or hidden fees. See if you're approved in seconds
- Building your credit? Using the Capital One Platinum Secured card responsibly could help
- Put down a refundable security deposit starting at $49 to get a $200 initial credit line
- You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
- Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
- Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
- Monitor your credit score with CreditWise from Capital One. It's free for everyone
- Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app
ADDITIONAL FEATURES
Pruchases intro APR
N/A
Balance transfer intro APR
N/A
Best for rebulding credit
Capital one platinum secured credit card
4.2
CreditYelp review
On Capital One's secure site
Rewards Rate
N/A
Intro Offer
N/A
Annual Fee
N/A
Regular APR
28.49%(Variable)
Recommended credit
No Credid History
This card is an excellent option for people with poor credit scores as it helps you to improve your score without costing you in the process. You'll be automatically considered for a higher credit line in as little as six months with on-time monthly payments. And its low-cost barrier means you can secure a credit line of up to $200 with a deposit as small as $49.
Read our full Capital One Platinum Secured Credit Card Review.
Pros
- Unlike most secured cards, which require a deposit equal to your credit limit, cardholders can get a $200 credit limit with a deposit as small as $49.
- You'll be automatically considered for a higher credit limit, with no additional deposit, with six months of on-time payments.
Cons
- People with bankruptcies or debt collections on their credit reports may have a more challenging time qualifying.
- The 28.49 percent ongoing variable APR is high when compared to some similar cards.
- No annual or hidden fees. See if you're approved in seconds
- Building your credit? Using the Capital One Platinum Secured card responsibly could help
- Put down a refundable security deposit starting at $49 to get a $200 initial credit line
- You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
- Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
- Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
- Monitor your credit score with CreditWise from Capital One. It's free for everyone
- Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app
ADDITIONAL FEATURES
Pruchases intro APR
N/A
Balance transfer intro APR
N/A
Best for rebulding credit
Capital one platinum secured credit card
4.2
CreditYelp review
On Capital One's secure site
Rewards Rate
N/A
Intro Offer
N/A
Annual Fee
N/A
Regular APR
28.49%(Variable)
Recommended credit
No Credid History
This card is an excellent option for people with poor credit scores as it helps you to improve your score without costing you in the process. You'll be automatically considered for a higher credit line in as little as six months with on-time monthly payments. And its low-cost barrier means you can secure a credit line of up to $200 with a deposit as small as $49.
Read our full Capital One Platinum Secured Credit Card Review.
Pros
- Unlike most secured cards, which require a deposit equal to your credit limit, cardholders can get a $200 credit limit with a deposit as small as $49.
- You'll be automatically considered for a higher credit limit, with no additional deposit, with six months of on-time payments.
Cons
- People with bankruptcies or debt collections on their credit reports may have a more challenging time qualifying.
- The 28.49 percent ongoing variable APR is high when compared to some similar cards.
- No annual or hidden fees. See if you're approved in seconds
- Building your credit? Using the Capital One Platinum Secured card responsibly could help
- Put down a refundable security deposit starting at $49 to get a $200 initial credit line
- You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
- Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
- Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
- Monitor your credit score with CreditWise from Capital One. It's free for everyone
- Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app
ADDITIONAL FEATURES
Pruchases intro APR
N/A
Balance transfer intro APR
N/A
Best for rebulding credit
Capital one platinum secured credit card
4.2
CreditYelp review
On Capital One's secure site
Rewards Rate
N/A
Intro Offer
N/A
Annual Fee
N/A
Regular APR
28.49%(Variable)
Recommended credit
No Credid History
This card is an excellent option for people with poor credit scores as it helps you to improve your score without costing you in the process. You'll be automatically considered for a higher credit line in as little as six months with on-time monthly payments. And its low-cost barrier means you can secure a credit line of up to $200 with a deposit as small as $49.
Read our full Capital One Platinum Secured Credit Card Review.
Pros
- Unlike most secured cards, which require a deposit equal to your credit limit, cardholders can get a $200 credit limit with a deposit as small as $49.
- You'll be automatically considered for a higher credit limit, with no additional deposit, with six months of on-time payments.
Cons
- People with bankruptcies or debt collections on their credit reports may have a more challenging time qualifying.
- The 28.49 percent ongoing variable APR is high when compared to some similar cards.
- No annual or hidden fees. See if you're approved in seconds
- Building your credit? Using the Capital One Platinum Secured card responsibly could help
- Put down a refundable security deposit starting at $49 to get a $200 initial credit line
- You could earn back your security deposit as a statement credit when you use your card responsibly, like making payments on time
- Be automatically considered for a higher credit line in as little as 6 months with no additional deposit needed
- Enjoy peace of mind with $0 Fraud Liability so that you won't be responsible for unauthorized charges
- Monitor your credit score with CreditWise from Capital One. It's free for everyone
- Get access to your account 24 hours a day, 7 days a week with online banking to access your account from your desktop or smartphone, with Capital One's mobile app
ADDITIONAL FEATURES
Pruchases intro APR
N/A
Balance transfer intro APR
N/A
Compare CreditYelp‘s best cards for bad credit
| Card Name | Our Pick For | Recommended Credit Score | CreditYelp Review Score |
|---|---|---|---|
| Captical One Platinum Secured Credit Card | Rebuilding Credit | No credit history | 4.2 / 5 (Read full card review) |
| Mission Lane Visa Credit Card | Low annual fee | Bad for fair(300-670) | 3.4 / 5 (Read full card review) |
| Discover it Secured Credit Card | Secured card with rewards | No credit history | 5.0 / 5 (Read full card review) |
| Self - Credit Builder Account with Secured Visa Credit Card | Building credit with savings | No credit history | 3.1 / 5 (Read full card review) |
| OpenSky Secured Visa Credit Card | Low-interest credit-building | No credit history | 3.0 / 5 (Read full card review) |
A closer look at top credit cards for bad credit
Capital one platinum secured credit cards:best for rebuiling credit
What we love about the Capital One Platinum Secured Credit Card: With its automatic credit line review after six months of responsible use and its security deposit that’s lower than most annual fees, the Capital One Platinum Secured is an affordable and efficient credit-building tool.
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What we love about the Capital One Platinum Secured Credit Card: With its automatic credit line review after six months of responsible use and its security deposit that’s lower than most annual fees, the Capital One Platinum Secured is an affordable and efficient credit-building tool.
Who this card is good for: Simplicity-lovers building their credit scores. There’s not a lot of fluff that comes with this card — you won’t earn cash back or points.
Alternatives: If you’re not willing to tie up money in a security deposit, you may be able to qualify for an unsecured credit card like the Petal® 1 “No Annual Fee” Visa® Credit Card
Learn more: Who should get the Captical One Platinum Card?
Read our Captical One Platinum Card review or jump back to offer details.
Mission Lans Visa Credit Card: Best for low annual fee
What we love about the Capital One Platinum Secured Credit Card: With its automatic credit line review after six months of responsible use and its security deposit that’s lower than most annual fees, the Capital One Platinum Secured is an affordable and efficient credit-building tool.
Who this card is good for: Simplicity-lovers building their credit scores. There’s not a lot of fluff that comes with this card — you won’t earn cash back or points.
Upwork will approve your profile within 24 hours. But keep in mind it can take time to land your first freelance gig.
Payment varies by site. On Upwork, you're paid after you and the client review the work, 10 days after the billing period ends. On Fiverr, you're paid when the work order is complete, but you can't withdraw funds for 14 days.
Upwork will approve your profile within 24 hours. But keep in mind it can take time to land your first freelance gig.
Payment varies by site. On Upwork, you're paid after you and the client review the work, 10 days after the billing period ends. On Fiverr, you're paid when the work order is complete, but you can't withdraw funds for 14 days.
Pros and cons of credit card for bad credit
Pros
- Easier approval compared to traditional credit cards because of potential for no credit checks and lower credit score requirements
- Allow you to improve your credit score if you make on-time payments and keep your available credit high
- Offer credit-building tools, such as free credit score access, auto-pay and account reviews for automatic credit line increases
Cons
- Higher interest rates to account for the riskiness of a cardholder with bad credit
- Lack of rewards compared to credit cards for people with good credit
- Less leeway from issuers when it comes to penalties, fees or negotiating with your issuer
Video guide:What to do if your credit card applications is denied
How we choose our list of top cards for bad cresit
Bankrate uses a 5-star scoring system that evaluates credit cards based on annual fees, APR , sign-up bonuses, rewards programs and other features. For credit cards tailored to people with poor or bad credit, we focus on the attributes you might be most concerned about when selecting a new credit card.
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Annual fee
Getting charged a fee every year for being a cardholder can eat into the value you’re getting from your card. We look for benefits that help make up for the cost of an annual fee.
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0% introductory APR offer
The annual percentage rate is the rate of interest you’ll have to pay on your outstanding balance. The longer the period with a 0 percent APR, the better.
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Balance transfer offer
When you move part or all of the outstanding balance you owe from one lender to another, this is called a balance transfer. Some cards offer a low fee on transferred balances — usually around 3 percent to 5 percent of the transferred amount. Transferring a balance can be a tool to consolidate debt, pay down what you owe at a lower rate and improve your credit score.
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Rewards
Even if your credit score isn’t perfect, there are cards that offer fantastic rewards that help you earn cash back, points, or miles on what you’re spending every day. We evaluate the rewards and identify which card is a good fit for different types of spenders.