If you are a recent immigrant with an SSN and ITIN, you can apply for a Citi Secured Mastercard. With this card you can improve your credit score and deposit a small amount. For example, you could deposit $49 for a $200 credit line and pay the balance off every month. A secured credit card such as Citi is a great option if you don't have much money to spend.
Capital One Platinum Secured Card Credit Card
A Capital One Platinum Secured credit card is an excellent option for immigrant who wants to improve their credit score. This card is low-cost and offers a low way to build credit. It's also great for new immigrants with low credit scores.
With a $200 security deposit, the Capital One Platinum Secured Credit Card for immigrants can help you improve your credit history while also building a solid payment history. For those with low credit, the credit card can also report to all three credit bureaus.
Citi Secured Mastercard
If you're an immigrant and new to the United States, you may be wondering if you can get a credit card. You have many options. A secured card is the first. A deposit is required, usually less than the card's maximum credit limit. You can then enjoy the benefits of a traditional credit card, like cash back on eligible purchases, extended warranties, and travel assistance. This type of card also reports your activity to all three major credit bureaus, so your credit report can be checked if necessary.
An immigrant looking to build credit might want to consider a secured, rewards-based credit card. This card is ideal for immigrants who are trying to build credit and offers cash back on gas or dining. It's great for people with low credit scores who want to be eligible for an unsecured card.
Discover it(r), Secured credit card
The Discover it Secured Credit Card for people with poor credit scores is one of the most affordable on the market. This card earns a good cash back rate and doesn't have an annual charge, which is a difference from other unsecured cards. You can also upgrade to a standard unsecured card if you use it responsibly after seven months.
Perhaps you are an immigrant wondering how to use credit cards. First, you should understand that you need to avoid making large purchases on your new card. Keep your credit limit at 30%. It is also important that you carefully review your contract in order to fully understand the terms and conditions of your account. Avoid credit cards that have a high APR. Look for accounts with annual fees less than $50.
The Deserve EDU MasterCard for Students
The Deserve Mastercard EDU for Students is a credit-card designed for students from other countries and immigrants. To apply, you must be an immigrant/international student enrolled in an U.S. accredited institution of higher study. The card doesn't charge foreign transaction fees.
The Deserve Mastercard EDU for Students offers students and immigrant a variety benefits, including cashback on school expenses. You can get 1 percent cash back on school supplies, textbooks, gear and other educational costs. Additional 1 percent cashback is available on all purchases except for gambling-related purchases.