The easiest secured credit card to get is the OpenSky® Secured Visa® Credit Card because it does not check your credit history when you apply. Plus, it has a minimum security deposit requirement of only $200.
In general, secured credit cards are easier to get than unsecured cards. If you are at least 18 years old and have enough income for the security deposit and minimum monthly payments, you should have no trouble qualifying for most secured credit cards. That holds true even if you have damaged or limited credit.
The best easy approval secured card is the Chime Credit Card because it does not require a credit check, it reports to the major credit bureaus, and it has a $0 annual fee. To qualify, you will need to be 18+ years old, earn enough income to pay the bill, and open a Chime checking account. That checking account must receive a payroll direct deposit of $200+ in the year before your credit card application.
The best secured credit card for no credit is the Discover it® Secured Credit Card because it has a $0 annual fee, gives 1 - 2% cash back on purchases, and doubles the rewards cardholders earn the first year. This card requires a refundable security deposit of $200 or more, for a credit limit equal to the deposit amount. But it also offers the chance to graduate to an unsecured card after at least seven months of on-time payments.
Yes, you can be denied for a secured card if you have major negative items on your credit report such as an ongoing or recently discharged bankruptcy, collection accounts, or repossessions. You could also be denied if you don’t meet the issuer’s minimum requirements for approval. Those requirements typically include being at least 18 years old with a physical U.S. address, a Social Security number, and the ability to make payments on the account every...
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