The Milestone Credit Card is intended for applicants with bad credit. Its key features are credit building with no security deposit needed. The annual fee is $175 1st yr; $49 after and the monthly fee is $0 1st yr, $12.50 after.
This card has a WalletHub editor’s rating of 3/5. More details can be found in our full Milestone Credit Card review.
Major credit cards are any cards that belong to one of the big four credit card networks: Visa, Mastercard, American Express and Discover. That’s what stores mean by “we accept all major credit cards.” A major credit card will almost always show the logo of its network on the front. In some cases it’ll be on the back. If a card doesn’t have such a logo, it’s likely a store card that can only be used at a...
The main differences between bad credit and no credit are access and cost. It’s easier to get a credit card, loan, apartment rental, car lease and more with no credit history than it is with a bad credit score. And people with no credit tend to get more favorable terms – rates, fees, rewards, etc. – when borrowing than those with bad credit.
Before going into more details about what it’s like to have...
The best credit card for bad credit with no deposit and instant approval is the Credit One Bank® Platinum Visa® for Rebuilding Credit. The Credit One Visa comes with a credit line of at least $300 and offers 1% cash back on gas and grocery purchases, as well as 1% back on mobile phone, internet, cable and satellite TV services. It charges an annual fee of $75 intro 1st yr, $99 after and is available to people with bad credit. You can apply online, after checking to see if you're pre-qualified.
Keep in mind that while there is a possibility of instant approval with most cards you can apply for online, it’s never guaranteed....
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