+ 100% FREE
+ Unlimited Credit Reports
+ Unlimited Credit Scores
+ Credit Monitoring Protection
+ Credit Improvement Tips
+ Automatically Finds Savings
No credit card needed
John Kiernan is Senior Writer & Editor at Evolution Finance. He graduated from the University of Maryland with a BA in Journalism, a minor in Sport Commerce & Culture, and the University Honors Citation. His previous work experience includes USA TODAY and The Washington Post.
Mr. Kiernan is a Washington, D.C. native and an avid fan of the Nats, Skins, Caps and Wizards. His favorite activities are golf and surfing.
American Express does not release the exact credit score range required to qualify for any specific card, but you should have a credit score of at least 700.
Answer by: @John
There are three things you need to do to
Answer by: @John
Keep an eye out for the following key terms
Answer by: @John
Most hotel chains have their own loyalty programs.
Answer by: @John
No credit card rewards users with both hotel points and airline miles.
Answer by: @John
Credit card approval is never truly guaranteed. You need to be at least 18 years old to get your own credit card account, for one thing. You also need a U.S. mailing address and a valid Social Security number.…
Answer by: @John
The best balance transfer credit card is not one-size-fits-all. The answer depends on how much you owe, how quickly you’ll be able to repay it and what your credit score is. Those factors will tell you which cards are attainable and help you figure out how much each will save you. But we can certainly point you in the right direction.
WalletHub’s editors compared hundreds of credit cards based on their balance-transfer appeal. In the end, five cards in particular stood out. None of them charge annual fees. All of them require at least good credit for approval. And you can get the rest of the particulars below.
Here are the best balance transfer credit cards of 2018:
|Card Name||Intro APR||Balance Transfer Fee||Regular APR|
|[cc-name id="923"]||[cc-transfer-intro-apr id="923"]||[cc-balance-transfer-fee id="923"]||[cc-apr id="923"]|
|[cc-name id="614"]||[cc-transfer-intro-apr id="614"]||
[cc-balance-transfer-fee id="614"] for transfers made within 60 days of account opening.
|[cc-name id="146"]||[cc-transfer-intro-apr id="146"]||[cc-balance-transfer-fee id="146"]||[cc-apr id="146"]|
|[cc-name id="1029"]||[cc-transfer-intro-apr id="1029"]||[cc-balance-transfer-fee id="1029"]||[cc-apr id="1029"]|
|[cc-name id="2009"]||[cc-transfer-intro-apr id="2009"]||[cc-balance-transfer-fee id="2009"]||[cc-apr id="2009"]|
|[cc-name id="1162"]||[cc-transfer-intro-apr id="1162"]||[cc-balance-transfer-fee id="1162"]||[cc-apr id="1162"]|
|[cc-name id="567"]||[cc-transfer-intro-apr id="567"]||[cc-balance-transfer-fee id="567"]||[cc-apr id="567"]|
To learn more about the cream of the transfer crop, check out WalletHub’s full review of the year’s best balance transfer credit cards. And if you’re not sure whether you can qualify for one of the top transfer cards, check your latest credit score for free on WalletHub.
Finding the right credit card can be stressful, with so many offers to consider and so much jargon and fine print to decipher. But as long as you follow these simple pointers, you’ll be fine.
For more tips, check out WalletHub’s guide on finding the right type of credit card for your needs. And for your convenience, here are some benchmarks to consider as you wade your way through the credit card comparison process:
Market Snapshot: 1,000+ Credit Card Offers
You can learn more about the average terms offered by credit cards in popular categories from WalletHub’s latest Credit Card Landscape Report.
Credit cards are not one size fits all. Not only does your credit standing dictate what offers you’ll be able to get approved for, but different people require different terms and features from their credit cards, depending on their spending and payment habits. Below, you will find some general guidelines that will help steer you toward the best credit card for your particular needs.
Unfortunately, if you’re already in financial trouble (e.g. late on payments, in collections, etc.), getting access to credit could be difficult. That’s problematic because using credit responsibly is the best way to rebound from such mistakes. So if you can’t get approved for a secured card, you might want to explore these other debt solutions to figure out what your next step should be.
We believe most people should have a credit card. It’s simply the easiest way to add positive information to your major credit reports on an ongoing basis. That, in turn, will help you build credit history and improve your credit standing. And credit improvement can save you a ton of money on loans and lines of credit as well as open doors to opportunities such as a new job or apartment.
Actually using your credit card to make purchases is another story, though. Whether that’s a good idea depends on if doing so will cause you to spend more than you would otherwise.
If it won’t lead to bad habits, you’ll be able to take advantage of a credit card’s many other benefits. They range from the ability to earn rewards on everyday spending or pay for big-ticket purchases over time to assorted travel perks and the convenience of shopping online.
And if a credit card would lead to overspending, you can still benefit from its credit-building capabilities. As long as you make sure to pay any fees that are assessed, you can simply lock your card in a drawer and watch positive information flow into your credit report on a monthly basis. After all, your credit utilization will be zero and you’ll be classified as having paid on time.
There is no secret for how to get a credit card with bad credit, other than choosing the right kind of card. There are two types of credit cards that you can get with a poor credit score: secured credit cards and unsecured credit cards for people with bad credit. Both types report account information to the major credit bureaus each month, which means either can help you rebuild your credit if used responsibly. But they’re far from equal in terms of accessibility and cost.
Secured cards are the easiest credit cards for anyone to get, offering nearly guaranteed approval even to people with very bad credit. Some don’t even check applicants’ credit history, which means there’s no hard pull to hurt your score more. Secured cards also charge much lower fees than unsecured cards for bad credit.
All of that, from the high approval odds to the low fees, is thanks to the fact that you have to place a refundable security deposit to get a secured credit card. The amount of this deposit, which you typically have to place when you apply, usually serves as your spending limit. This prevents you from spending more than the card’s issuer knows for sure you can afford to repay. And without the risk of being left with an unpaid balance, the issuer can afford to approve more people as well as offer more attractive terms.
Now that you know the lay of the land, the path to plastic despite poor credit should be clear. But for your convenience, we’ll lay out step-by-step instructions below.
Here’s how to get a credit card with bad credit:
Getting a credit card with bad credit can be tricky. But it’s crucial to open an account as soon as possible in order to begin repairing your credit reputation. A secured card allows you to do that. And it has the added benefit of helping you avoid being rejected repeatedly, which would only make matters worse.
When it comes to specific cards to consider, the Capital One® Secured Mastercard® and Discover it® Secured Card are two of the best options available. And they’re generally available to people with bad credit who don’t have a non-discharged bankruptcy on their credit report. Alternatively, the OpenSky, primor Gold and primor Classic secured cards won’t check your credit when you apply.
No matter which secured card you choose, paying your bill on time every month will add positive information to your credit reports, which will help cover up past mistakes. But sometimes that’s not enough. Some people with bad credit need a credit card with no security deposit to cover emergency expenses. In that case, an unsecured credit card for bad credit is your only option.
You won’t have much of a selection when shopping for an unsecured card with bad credit, unfortunately. You won’t get too much extra spending power, either, because high fees will initially consume much of your credit line. But it’s definitely possible to get approved for such a card. Just compare your options and double-check the eligibility requirements in their terms and conditions to make sure nothing in your background rules you out.
So, to recap, a secured credit card is your best bet if getting approved and beginning to rebuild your credit as soon as possible is your top priority. But if you need an emergency loan, you’ll have to make do with a costly unsecured card for bad credit.
A balance transfer is a way to reduce the cost of existing debt and repay it sooner than you would otherwise. In theory, you can transfer the balance remaining on any loan or line of credit to most any credit card. But certain offers are classified as “balance transfer credit cards” because they have relatively low APRs and fees for this type of transaction.
You will always have the option of requesting a balance transfer when you apply for a new credit card. And you should be able to submit such a request with an existing account, as long as you aren’t already carrying a balance from month to month. Just bear in mind that certain account terms, such as 0% intro APRs and $0 transfer fees, may only be available for a limited time after account opening.
When you’re comparing balance transfer offers, it’s worth calling your current credit card’s issuer to see what it can offer. Say that you plan on doing a balance transfer, unless you are given a significantly reduced interest rate. Your rate won’t be reduced to 0%, but even a slight APR reduction will help you save while your application for a 0% transfer is processed.
For more information, check out WalletHub’s balance transfer guide.
The tables turn when you reach good credit. Instead of you having to prove yourself to credit card companies, they must now compete for your business. For one thing, more issuers have credit cards for people with good credit than offers for folks with fair, limited or bad credit. And they’re all looking to woo trustworthy new customers who pose relatively little risk and thus have a lot of profit potential.
That’s why people with good credit can expect to earn roughly twice as much rewards value as someone with fair credit or enjoy 0% financing for about twice as long. Credit cards for people with good credit also tend to have much lower regular APRs (19.88% on average) than those for folks with fair credit (22.41%).
After all, you’ll have access to many of the market’s best overall credit cards, which usually require good or excellent credit for approval.
“Cash back” is one of the three main rewards currencies, along with points and miles. A credit card with cash back basically gives you a rebate for a certain percentage of each purchase. And it’s generally provided in the form of a check, statement credit or gift card.
Cash back rewards have a few important advantages. Versatility is one of the biggest. You can buy anything with cash, whereas points and miles have limited redemption options. Cash back also makes it much easier to understand how much value you’re getting. And perhaps most importantly, credit card companies can’t devalue cash rewards. That’s not the case with points and miles, whose value card issuers can reduce just by upping the number need for redemption.
Points and miles do have their virtues, though. If you choose the right redemption method and cash in frequently, they could provide more bang for your buck.
For more information, check out WalletHub’s latest Credit Card Rewards Report.
The best 0% APR credit cards all have two things in common: no annual fee and an unusually long 0% intro period. Reducing the total cost of a big-ticket purchase should be your goal, after all, not just saving on interest. And since regular APRs are so high, your best bet is to repay your entire balance during a card’s 0% term.
Of course, you’ll also need to confirm that you can qualify for whichever 0% card you choose. If you don’t know how good your credit is, you can check your credit score for free on WalletHub.
Keep those guidelines in mind as you compare offers, and you’ll be well on your way to saving money on interest. Plus, our editors have some suggestions to get you started. Here are WalletHub’s picks for [YYYY]’s best 0% interest credit cards, selected from 1,000+ offers:
|Best For…||0% Credit Card||0% Intro APR||Annual Fee||Regular APR|
|Most Popular||[cc-name id=567]||[cc-purchase-intro-apr id="567"]||[cc-annual-fee id="567"]||[cc-apr-to id="567"]|
|Cash Back||[cc-name id="2293"]||[cc-purchase-intro-apr id="2293"]||[cc-annual-fee id="2293"]||[cc-apr-to id="2293"]|
|0% Balance Transfer||[cc-name id="614"]||[cc-purchase-intro-apr id="614"]||[cc-annual-fee id="614"]||[cc-apr-to id="614"]|
|Travel Rewards||[cc-name id="115"]||[cc-purchase-intro-apr id="115"]||[cc-annual-fee id="115"]||[cc-apr id="115"]|
|Student Card||[cc-name id="548"]||[cc-purchase-intro-apr id="548"]||[cc-annual-fee id="548"]||[cc-apr id="548"]|
|Small Business||[cc-name id="138"]||[cc-purchase-intro-apr id="138"]||[cc-annual-fee id="138"]||[cc-apr id="138"]|
|Chip-and-PIN||[cc-name id="3063"]||[cc-purchase-intro-apr id="3063"]||[cc-annual-fee id="3063"]||[cc-apr-to id="3063"]|
|Low Regular APR||[cc-name id="1611"]||[cc-purchase-intro-apr id="1611"]||[cc-annual-fee id="1611"]||[cc-apr id="1611"]|
Note: The longest 0% introductory periods currently available are shown above. Unfortunately, there are no 0% credit cards for 21 months or 24 months offered right now.
By the way, if you’re looking for a 0% credit card for fair credit, consider a store credit card. Many retailers offer 0% financing for an extended period of time. You just have to watch out for a feature called deferred interest, which some store cards have. It could affect you if you don’t repay your full balance by the end of the low-interest intro period. On the other hand, you won’t find any 0% credit cards for bad credit. If you have bad credit, the best approach is to improve your credit score with a secured credit card and save your big-ticket purchases until you can qualify for a better financing deal.
It’s also worth noting that if you’re in the market for a 0% interest credit card to reduce the cost of existing debt, your approach should be a bit different. You should still prioritize cards with long 0% intro periods (for balance transfers, in this case) and no balance transfer fees.
The easiest way to evaluate the total cost of a balance transfer credit card is to use a balance transfer calculator. That’s how our editors compared hundreds of 0% balance transfer credit cards to identify 2018’s top offers.