Can I get a credit card with a 500 credit score?

The best credit card you can get with a 500 credit score is the Bank of America® Travel Rewards Secured Credit Card because it has a $0 annual fee and rewards you with 1.5 points per $1 spent on all purchases. The Bank of America Travel Secured Card requires a deposit of $200 for an equal credit limit.

Best Credit Cards for a 500 Credit Score

Secured cards generally provide the best opportunity for someone with a credit score of 500 (or below) to rebuild their credit standing, thanks to good approval odds and monthly reporting to the major credit bureaus.

When used responsibly, the right credit card for a 500 credit score can put you on the path to good credit. The...

You can get some unsecured credit cards with a 500 credit score. The Credit One Visa card is one of the best options for someone with a 500 credit score, as it offers a $300 starting credit limit, the potential for automatic credit line increases, and rewards on select purchases. Its annual fee is $75 for the first year and $99 after.

Unsecured Credit Cards to Get With a 500 Credit Score

The minimum credit score for most credit cards is 640-700+, but you can get some cards with bad credit or no credit score at all. Some credit card companies won’t even check your credit history when you apply, making it easy to get approved as long as you have enough income to afford the monthly bill payments.

But there is a difference between getting approved for a credit card in general and getting one...