What's the easiest unsecured credit card to get approved for?

Yes, you can get an unsecured credit card with a 500 credit score, though it’s probably not the best idea. It’s harder to get approved for such a card, and it typically involves high fees, high interest rates, and little spending power.

Unsecured credit cards for a 500 credit score are for people with bad credit, and they’re only recommended for emergencies. It’s much easier and cheaper to apply for a secured card.… read full answer

The best unsecured credit card to rebuild credit with is the Credit One Bank® Platinum Visa® for Rebuilding Credit because it has a reasonable annual fee, gives 1% cash back on eligible purchases, and starts cardholders off with a $300 minimum credit limit. It also accepts people with bad credit.

An unsecured credit card is one that does not require a security deposit or any other collateral to open the account. In addition, rebuilding credit generally means you have a credit score of less than 640. In that case, most unsecured cards that you may qualify for will be costly.

Best Unsecured Credit Cards to Rebuild Credit

• Credit One Bank® Platinum Visa® for Rebuilding Credit
• Milestone® Mastercard® - Less Than Perfect Credit Considered
• Indigo® Mastercard® for Less than Perfect Credit
• Aspire® Credit Card
• Fingerhut Credit Account

An unsecured credit card is typically not the most cost-effective way to rebuild credit. Because you’re considered a high credit risk, your options are very much limited. In addition, your spending power will be greatly reduced by numerous fees and high interest charges.

A better option to rebuild credit would be to open a secured credit card account. Your odds of approval will be greater because you’ll be setting your own credit limit with a refundable security deposit, usually starting at $200. Secured cards tend not to have one-time and monthly fees, so they end up costing you less in the long run. You’ll also get your deposit back in full when you close your account with no unpaid balance.

Some of the best secured cards for rebuilding credit include the Discover it® Secured Credit Card, the Capital One Platinum Secured Credit Card, and the OpenSky® Secured Visa® Credit Card.

For most unsecured credit cards you will need a credit score of 550-650, though it’s possible to get approved for an unsecured card with a lower score or even no credit score. For example, some of the best beginner and student cards are unsecured and will approve applicants with little or no credit.… read full answer

If your credit score is below the 550 to 650 threshold needed to get a good unsecured card, you’d be much better off applying for a secured card such as the Discover it® Secured Credit Card or the Capital One Platinum Secured Credit Card. They’re easier to get than unsecured cards because you’re putting up your own money, typically a minimum deposit of $200, to secure the account.

For people with bad credit who are set on getting an unsecured card, two of the best options are the Credit One Bank® Platinum Visa® for Rebuilding Credit (cash back on select purchases) and the Indigo® Mastercard® for Less than Perfect Credit (no upfront fees). Remember, unsecured credit cards for bad credit do not require a security deposit to open an account. As such, they typically come with low credit limits, high fees and high interest rates.