There are lots of unsecured credit cards for fair credit, some of the best being the Capital One QuicksilverOne Card and the Amazon Store Card. Pretty much all credit cards for fair credit are unsecured. Secured credit cards (those requiring a refundable security deposit) are meant for people with bad credit or no credit. And while fair credit won’t get you the very best unsecured cards, it should qualify you for an account with no annual fee, solid rewards or maybe even both.
Here are some of the best credit cards for fair credit:
Capital One QuicksilverOne: This card offers the highest cash back for the fair credit range (at least among cards you can use anywhere), with 1.5% cash back on all purchases. And if you use Spotify Premium, you can get 50% of the cost back as a statement credit between now and April 2018 if you pay for it using this card. There is an annual fee, but it’s only $39 so that’s not too bad.
Capital One Platinum: If you’re looking for a card with no annual fee, this is a good option. The tradeoff is that there are no rewards.
Amazon Store Card: You should be able to qualify for most store cards with fair credit. The Amazon card is one of the best. It gives 5% cash back on all your Amazon purchases if you have a Prime account. And you get a $10+ gift card for signing up. You can only use the card at Amazon, though.
Journey Student Rewards from Capital One: Only students can get this card. It gives 1% cash back on all purchases, or 1.25% if you make your payment on time. There’s no annual fee.
USAA Rate Advantage Platinum Visa: If you’re worried about not paying in full, this card offers an APR as low as 7.90% (V). It also doesn’t have an annual fee.
It’s always a good idea to shop around before picking out a credit card. Take some time to decide whether you want to prioritize rewards, interest rate, no fee, or other aspects. Capital One QuicksilverOne is probably your best option overall because of its high cash back rate and relatively low fee.
I think all credit cards for fair credit are unsecured, but I don't know of any that have instant approval. They're pretty easy to get, but there's still a process you have to go through. That being said, my favorite is the QuicksilverOne Cash Rewards from Capital One. It does have an annual fee but it's pretty small, and I love cash back.
No better option that the Cap One Platinum imh. If you plan on using your card a lot, and make the $39 annual fee worth it, go with the QuicksilverOne. Good luck!
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