The best Chase unsecured credit card is Chase Freedom Unlimited®. It's a great all-rounder that offers extensive cash back rewards coupled with an attractive financing offer and a $0 annual fee. Chase Freedom Unlimited offers $200 for spending $500 in the first 3 months. And rewards are supplemented by 5% cash back on grocery store purchases for the first year (up to $12,000 spent), 5% cash back on travel through Chase, 3% cash back at restaurants and drugstores, and 1.5% back on all other purchases.
The majority of Chase credit cards are designed specifically for customers with good credit or better. Chase offers some of the most sought-after credit cards on the market. But which one is the best can be viewed as a matter of personal preference, depending on your individual needs.
Here are the best Chase unsecured credit cards:
Best Overall: Chase Freedom Unlimited® Offers $200 for spending $500 in the first 3 months. Ongoing rewards consisting of 5% cash back on grocery store purchases for the first year (up to $12,000 spent), 5% cash back on travel through Chase, 3% cash back at restaurants and drugstores, and 1.5% back on all other purchases. Introductory purchase APR of 0% for 15 months (14.99% - 23.74% (V), based on creditworthiness, thereafter). $0 annual fee. The credit score requirement is 700 at a minimum. That means you need good credit or better for approval.
Best for Travel: Chase Sapphire Preferred® Card Offers 100,000 bonus points for spending $4,000 in the first 3 months. Earns 5 points per $1 spent on travel purchased through Chase, 2 points per $1 on all other travel purchases, 3 points per $1 on dining and online grocery purchases, 3 points per $1 on select streaming services, and 1 point per $1 on all other purchases. $0 foreign transaction fee. $0 annual fee. The credit score requirement is 700 at a minimum. That means you need good credit or better for approval.
Best for Cash Back: Chase Freedom Flex℠ While similar to the Chase Freedom Unlimited, Chase Freedom Flex will be the better option for those with changing spending habits, due to its rotating bonus categories. Offers $200 for spending $500 in the first 3 months. Earns 5% cash back on grocery store purchases for the first year (up to $12,000 spent), 5% cash back on up to $1,500 spent per quarter in bonus categories (which change every quarter and require activation), 5% cash back on travel through Chase, 3% back at restaurants and drugstores, and 1% back on all other purchases. Introductory purchase APR of 0% for 15 months (14.99% - 23.74% (V), based on creditworthiness, thereafter). $0 annual fee. The credit score requirement is 700 at a minimum. That means you need good credit or better for approval.
Best for Students: Chase Freedom® Student credit card Offers $50 after your first purchase made in the first 3 months. Earns 1% cash back on all purchases. $0 annual fee. Students with limited credit (less than 3 years of credit history) are eligible for approval.
The best credit card for a 550 credit score is the OpenSky® Secured Visa® Credit Card. There’s no credit check when you apply, so approval is almost guaranteed. You just need $200 for a refundable security deposit and enough income to make monthly payments. This card also reports to all three major credit bureaus every month, which is your ticket to a better credit score. And a $35 annual fee isn’t too much to pay for that.… read full answer
The Discover it® Secured Credit Cardis another great 550 credit score credit card. It has a $0 annual fee and actually rewards you for making purchases. A 550 credit score won’t keep you from getting approved either. But a pending bankruptcy will.
Those aren’t the only credit cards you can get with a 550 credit score. In fact, there are two kinds of credit cards for people at that credit level: Secured credit cards and unsecured credit cards for bad credit. A 550 credit score is within the bad credit range, unfortunately. Bad credit goes from 300 to 639. But picking the right 550 credit score credit card and using it responsibly could help you improve your score to “fair” territory within 12-18 months.
Before applying for a card, make sure to check out its terms and conditions, or a FAQ page if there is one, just to make sure you fit the criteria for eligibility. You can also try getting pre-approved for a credit card. It won’t hurt your credit, and it will give you a good idea of your odds if you decide to apply.
Good for low deposits:Capital One Platinum Secured Credit Card has a $0 annual fee. It requires a deposit of $49, $99 or $200, based on your credit history. But you always start with a $200 credit limit.
Best cash back rewards:Discover it® Secured Credit Card has a $0 annual fee. With this card, you earn 2% cash back at gas stations and restaurants (up to $1,000 spent each quarter combined), and 1% back on all other purchases. Plus, Discover matches your first year’s rewards. Requires a $200 deposit.
So, even though you’re not able to get a Chase secured credit card, you still have plenty of options. And they’ll all help you start building your credit, plus save some money. Once you get your credit score to “good”, you can start thinking about applying for a Chase credit card.
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