The best credit card for fair credit with no annual fee is the Upgrade Visa® Card with Cash Rewards because it offers unlimited 1.5% cash back on all purchases (after you pay the bill) and has a $0 annual fee. Applicants with fair credit will also have good approval odds for the Upgrade Credit Card, which can be used anywhere VISA is accepted.
Best Credit Cards for Fair Credit with No Annual Fee
Most credit cards for fair credit with no annual fee are store cards. You can only use them at a particular retailer, but some do still give excellent rewards. For example, the Amazon.com Store Card offers 5% back on all Amazon purchases. But you have to be an Amazon Prime member to get that perk.
One of the easiest credit cards to get with fair credit is the Petal® 1 Visa® Credit Card. This credit card is available to people with limited credit or better, reports monthly to the three main credit bureaus, and gives cardholders 2% to 10% cash back on purchases from select merchants. It also has a $0 annual fee. And if you’re lucky, you may even get approved for the … read full answerPetal® 2 Visa® Credit Card instead, since you’ll be considered for both cards when you apply.
In general, the easiest type of credit card to get is a secured card or an unsecured card for bad credit. There are plenty of credit cards that require fair credit at a minimum, but if easy approval is what you’re after, you’ll want to exceed the card’s requirements rather than just meeting them. Checking for pre-approval will give you a good idea of which credit cards will be easiest to get with your fair credit score.
It’s not hard to find easy credit cards to get with fair credit – even ones with rewards. But it is hard to find worthwhile 0% intro APRs on cards for fair credit. So it’s probably best to pay off your balance in full each month. And if you consistently pay on time, you should see your credit score start moving up toward the good credit range.
Elite credit cards with $0 annual fee include the Capital One VentureOne Rewards Credit Card, the Citi® Double Cash Card – 18 month BT offer and the Amex EveryDay. These high-end cards require a minimum of good credit for approval and offer perks such as high everyday earning rates, big initial bonuses and 0% introductory APRs. Capital One VentureOne gives 1.25 miles per $1 on all purchases and a 20,000 miles initial bonus. Citi Double Cash Card gives 2% cash back on all purchases. And the Amex EveryDay offers an intro purchase APR of 0% for 15 months.… read full answer
Here are some of the top elite credit cards with no annual fee:
This is an elite $0 annual fee credit card due to its ample rewards. It gives 20,000 miles bonus when you spend $500 in your first 3 months. And you get 1.25 miles per $1 on all purchases. Capital One VentureOne comes with an intro APR of 0% for 12 months on purchases and its regular APR is 14.99% - 24.99% (V). Good credit is required.
This is an elite $0 annual fee credit card because it gives one of the highest cash back rates on the market for all purchases: 2% cash back when you pay at least the minimum due on time. And there’s a 0% for 18 months intro APR for balance transfers. There is a balance transfer fee of 3% (min $5). This card’s regular APR is 13.99% - 23.99% (V). Good credit is required.
This credit card is elite because of its very long 0% intro APR period. You get 0% on purchases and balance transfers for 20 billing cycles. The card’s regular APR is 14.49% - 24.49%* (V). Transfers must be requested in the first 60 days to get the 0% rate, and there’s a 3% (min $5) transfer fee. You also get free cell phone protection. Good credit is required.
This card is elite because of its 0% intro APR for 15 months on purchases. Amex EveryDay’s regular APR is 12.99% - 23.99% (V). You get 2 points / $1 at U.S. supermarkets, on up to $6,000 per year and 1 point / $1 on all other purchases. Using your card 20 times in a month gets you 20% more points. There’s also a 10,000 points bonus when you spend $1,000 in your first 3 months. Good credit is required.
This is an elite $0 fee card because it has a lot of bonus categories. You get 1 - 5% cash back cash back, depending on the type of purchase. You get a $750 cash back bonus when you spend $7,500 in your first 3 months. There’s a 12 months intro APR on purchases. This card’s regular APR is 13.24% - 19.24% (V). You get employee cards at no cost. Good credit is required.
At the end of the day, elite and no annual fee are not always synonymous when it comes to credit cards. Cards with annual fees tend to offer more rewards and benefits. Generally, the higher the annual fee, the more rewards you get. Some of the most elite credit cards with fees include the Capital One Venture Rewards Credit Card and the Chase Sapphire Preferred® Card.
The best credit cards for a 600 credit score are secured cards because they offer easy approval and are often much less expensive than unsecured credit cards for bad credit. Secured credit cards require a security deposit, and the card’s credit limit is equal to the amount of the deposit. This deposit is fully refundable when you close your account with a $0 balance.… read full answer
If you’re not sure where to start looking for secured credit cards for a 600 credit score, WalletHub has picked out a few examples of popular offers.
WalletHub Answers is a free service that helps consumers access financial information. Information on WalletHub Answers is provided “as is” and should not be considered financial, legal or investment advice. WalletHub is not a financial advisor, law firm, “lawyer referral service,” or a substitute for a financial advisor, attorney, or law firm. You may want to hire a professional before making any decision. WalletHub does not endorse any particular contributors and cannot guarantee the quality or reliability of any information posted. The helpfulness of a financial advisor's answer is not indicative of future advisor performance.
WalletHub members have a wealth of knowledge to share, and we encourage everyone to do so while respecting our content guidelines. This question was posted by WalletHub.
Please keep in mind that editorial and user-generated content on this page is not reviewed or otherwise endorsed by any financial institution. In addition, it is not a financial institution’s responsibility to ensure all posts and questions are answered.
Ad Disclosure: Certain offers that appear on this site originate from paying advertisers, and this will be noted on an offer’s details page using the designation "Sponsored", where applicable. Advertising may impact how and where products appear on this site (including, for example, the order in which they appear). At WalletHub we try to present a wide array of offers, but our offers do not represent all financial services companies or products.