If you have fair credit, you can find a card that suits you well. There are many options to choose from, such as Unsecured business credit cards or the Upgrade cash Rewards Visa(r). But which one is right for you? You'll find out in this article. In this article, we'll cover what you need to look for in a credit card. We'll also cover what you should expect from each card. These cards are the best for those with good credit and can help improve your credit score.
Unsecured credit card for business
Although it can be difficult for small businesses to obtain unsecured credit cards, they can be much easier to get approved. These types of transactions are reported to credit bureaus. Some report to the business credit bureaus and others to the personal credit bureaus. It is important to keep an eye on your credit scores every quarter. Once your credit score is higher, you are eligible to apply for an unsecured business credit card.
Many unsecured business credit card offer higher spending limits and reward programs. Although they are easier to obtain if you have good personal credit, they can be abused, especially if they offer higher limits. The higher interest rates and rewards programs can lead cardholders to overspend. Secured business credit cards are a good option for those who fear that they will be tempted spend more than they earn. As long as you manage your spending responsibly, you'll be in business for a long time.
Capital One Platinum Credit Card
If your credit score is not as good as it should be, the Capital One Platinum Credit Card may be the right choice for you. This card has no annual fees or security deposits, so you can build credit history. It is also no annual fee, making it easy to manage your finances while building a credit history. After six months, your credit score could increase. If you have a good credit history and are looking to improve your credit rating, this credit card could be the right choice.
This basic unsecured card is free of annual fees and has a higher credit line after six monthly. This makes it a viable alternative to secured or unsecured cards. It does not have a rewards program and a high-interest rate. Capital One Platinum Credit Card is for people with fair credit. It's designed to allow those with less than perfect credit to start building a credit history. To be approved for the Capital One Platinum Credit Card, you might need a FICO credit rating of 580 or greater. If your credit score is between 580-620, you will be approved.
Petal 2 card
Petal 2 credit cards offer a 1% cashback rate for all purchases. After six to twelve consecutive monthly on-time payments, the rate rises to 1.25%. For purchases at selected merchants, it can increase to 10%. Petal2 cards are unsecure, so you do not have to deposit money to open one. However, the card does have a few drawbacks, including a high APR.
Petal is for those with poor credit histories. As such, you will have to pay more preapproval fees if you miss payments. This should not stop you applying for a Petal 2 account. Bad credit borrowers have several options. Even though the Petal 2 Credit Card may be the best option, it is worth considering other options.
Upgrade Cash Rewards Visa(r)
The Upgrade Cash Reward Visa is a credit line that rewards consumers who pay their debts on time. Consumers with excellent credit are eligible to receive 1.5% cash back for all purchases. It doesn't have an annual fee or security deposit and reports on the timely payments to all major credit bureaus. It may not be appropriate for consumers with poor to average credit. Candidates with good credit or excellent credit may be eligible for lower APRs and a 0% intro rate.
The Upgrade Triple cash Rewards Visa can be used with a credit limit starting at $500. This credit card is guaranteed to have this amount, but the limit can increase based on your income and credit score. You can use the credit limit for a large purchase and pay it off over time. This credit card cannot be used to make cash advances. To qualify for this credit card you will need to have a steady income.