Mark Towers, WalletHub Credit Card Analyst
@MarkTowers
The best Mastercard credit card for fair credit is the Capital One QuicksilverOne Cash Rewards Credit Card. This card offers 5% cash back on hotels and rental cars booked through Capital One Travel, as well as 1.5% cash back on all other purchases. Plus, it comes with a $0 foreign transaction fee, so you can use this card abroad without having to pay a surcharge. The card’s annual fee is $39.
However, there are many other Mastercard credit cards for fair credit available, too.
Best Mastercard Credit Cards for Fair Credit in 2023
- Rates & FeesOverall: Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
- Rates & FeesNo Annual Fee: Capital One Platinum Credit CardCapital One Platinum Credit CardLearn MoreLearn Moreon issuer's website
- Rates & FeesBest for Shopping: Capital One Walmart Rewards® Mastercard®Capital One Walmart Rewards® Mastercard®Learn MoreLearn Moreon issuer's website
- Rates & FeesBest for Students: Capital One SavorOne Student Cash Rewards Credit CardCapital One SavorOne Student Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
- Rates & FeesBest for Business: Capital One Spark Classic for BusinessCapital One Spark Classic for BusinessLearn MoreLearn Moreon issuer's website
Each of these cards reports info to the three major credit bureaus monthly. That gives you the opportunity to build credit as long as you use your card responsibly.
People also ask
What are the best unsecured credit cards for fair credit?
One of the best unsecured credit cards for fair credit is the Upgrade Cash Rewards Visa® Card because it offers unlimited 1.5% cash back on all purchases (after you pay the bill) and a $0 annual fee.
Another good unsecured card for fair credit is the Petal® 2 Visa® Credit Card. This card offers at least 1% cash back on all eligible purchases, up to 1.25% back after 6 months of on-time payments, and 1.5% cash back after 12 consecutive months of paying on time.
Best Credit Cards for Fair Credit
- Overall: Upgrade Cash Rewards Visa®Upgrade Cash Rewards Visa®Learn MoreLearn Moreon issuer's website
- Rates & FeesCash Rewards: Capital One QuicksilverOne Cash Rewards Credit CardCapital One QuicksilverOne Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
- Starter Card: Petal® 2 Visa® Credit CardPetal® 2 Visa® Credit CardLearn MoreLearn More
- Gas & Groceries: Credit One Bank® Platinum Visa®Credit One Bank® Platinum Visa®Learn MoreLearn Moreon issuer's website
- Bonus Rewards: Credit One Bank® Platinum X5 Visa®Credit One Bank® Platinum X5 Visa®Learn MoreLearn More
- Rates & FeesStudents: Capital One SavorOne Student Cash Rewards Credit CardCapital One SavorOne Student Cash Rewards Credit CardLearn MoreLearn Moreon issuer's website
Pretty much all credit cards for fair credit are unsecured. Secured credit cards (those requiring a...
read full answerWhat are some low interest credit cards for fair credit?
One of the best low interest credit cards for fair credit is the Petal® 2 Visa® Credit Card because it is possible to get an interest rate of 18.24% (V), depending on your overall creditworthiness. That is the low end of a range from 18.24% to 32.24% (V), however, so it might be optimistic to assume you’ll get a rate that low.
The Petal 2 Card also offers 1 - 1.5% cash back. On top of that, the card’s annual fee is $0.
Best Low Interest Credit...
read full answerWhat credit score is needed for Mastercard?
The credit score needed for Mastercard varies by card. There are Mastercard credit card offers for people with credit scores ranging from bad to excellent, as well as applicants with limited or no credit. The credit score required for each Mastercard is up to the banks and credit unions that issue cards on the Mastercard network.
Below, you can see what credit score is needed to get some of the most popular Mastercard credit...
read full answerDid we answer your question?