There are essentially three different types of credit cards for people with no credit: college student credit cards, unsecured no-credit credit cards, and secured credit cards. All three types of credit cards for no credit will report to the major credit bureaus and thereby help you build up your credit standing.
College student credit cards usually offer the best terms because banks are eager to establish long-term relationships with people who are getting undergraduate degrees and are on their way to getting above-average-paying jobs.
Unsecured credit cards for people with no or limited credit are for everyone else that is new to credit, and usually have higher rates and fees.
Secured credit cards are available to literally anybody, even people with poor credit, because they require a refundable security deposit that protects issuers against default.
With the exception of the credit cards for college students, which are obviously geared toward a specific customer segment, no credit history credit cards are not only used by young people, but by recent immigrants, divorcees and widows as well.
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