Keep these things in mind when applying for a no credit credit card. Credit cards that have no credit typically have lower credit limits. In addition, they may reevaluate your credit limit six months later. These cards do not offer high-rewards. However, they will sometimes offer rewards for common purchases. Higher perks may be available for those who have a good credit record.
Bento
With Bento credit cards, you can apply for one if you're not sure whether you can get approved. You can apply for business credit cards through the company that are linked to either your personal checking account, or your business checking account. These cards are available to pay your bills and make purchases. You can set up spending limits and control spending habits through the online portal.
After you submit the application, the company reviews your business information and verifies your identity. If your company meets their requirements, you might be approved immediately. You may need to wait for up to two days before your new card is issued. There are no annual fees or interest on the card, though you may need to pay a monthly fee depending on your usage.
Citi Double Cash Card
Citi Double Cash Card Cardholders will receive a $200 welcome bonus. It is one the best cash-back credit card options, giving you 1% cashback for every purchase after you pay the bill. This card offers an 18-month balance transfer at 0% APR. There is a catch. You will need to pay a balance transfer fee of 3.3% for the first 4 months. After that, the fee increases to 5%.
The Citi Double Cash Card is an excellent choice for people looking for a credit card with no annual fee. The Citi Double Cash Card pays unlimited 1% cashback as long as you pay on time. The cash back can be used to pay off your card or you can redeem it for a statement credits. You can redeem the cash back for a statement credit or pay off your card with $25 minimum redemption. There is also no maximum amount of cash back.
Citibank prepaid card
People with bad credit may find a Citibank prepaid card without credit a good option. The card comes with a variety of benefits including rewards and a low annual cost. You can check your FICO score online and it reports to the major credit bureaus. The card is recognized worldwide. In order to receive the card, applicants must make a $200 security deposit. Other benefits include auto-pay and account alerts, and you can manage your account online.
Customers receive a number benefits through this card. These include a rewards program which offers higher earnings at both supermarkets as well as streaming services. It also has a low annual fee and no credit score requirement. However, it has a few disadvantages, including an annual spending limit and a foreign transaction fee of 2.7%.
Unsecured cards
The cost of unsecured credit cards with no credit can be high and they come with high fees. Many of them also have high interest rates. Unsecured credit cards are available with lower fees and no annual charges. Here are some tips that will help you choose the best card for your financial situation. A card that offers reward points is another option.
When choosing an unsecured credit card, make sure that you know how much spending power you need. Your first credit card limit can be anywhere from a few hundred dollars to thousands. Be sure to have enough money to pay the bill completely.