Is it impossible to get a credit card with bad credit?

No, it is not impossible to get a credit card with bad credit. You can get a secured credit card with bad credit, as well as certain unsecured credit cards intended specifically for people with bad credit scores. Some credit cards won’t even check your credit history when you apply.

Popular Credit Card Options for People with Bad Credit

With limited options, finding a solid credit card can be frustrating when you have bad credit. However, the benefits of having a card will usually outweigh the stress of the search. For example, picking the right credit card and using a credit card responsibly is one of the most effective ways to rebuild your credit.

3 Steps to Getting a Credit Card with Bad Credit

1. Find the right card. When searching for a credit card, it is always wise to compare the available offers before committing to a specific card. When you have bad credit, shopping around is even more important because the number of cards you’ll be able to qualify for is limited. You can get personalized recommendations and easily compare credit cards for bad credit on WalletHub.
2. Complete an application. Once you select the credit card you want, you need to complete an application. The quickest way to apply for a card is online. If you’re applying for a secured card, you may need to pay your refundable deposit when you apply, or within a few weeks after you’re approved.
3. Wait for a decision. Applying online will usually lead to an instant decision. If you don’t get an immediate decision, most issuers will let you know within 7-10 business days. The decision can’t take longer than 30 days. If your application is denied, wait 6 months to a year before applying for another card to avoid damaging your credit further.

Whichever card you decide to get, it is crucial that you pay your credit card bill on time and ideally in full each month. Late payments will hurt your credit score, and credit card balances carried from month to month can be very expensive. Check WalletHub’s guide on paying credit card bills for tips to keep your accounts in good standing.