If you're just getting started with credit, a beginner credit card can be a great choice. These cards will help you build credit that will eventually lead to better terms. Some cards even provide rewards for good card use. We will be reviewing the top beginner credit card choices. You may also be interested in our guide to first access visa credit cards. Listed below are some of the most popular beginner credit cards.
Capital One Venture Credit Card
Capital One Venture rewards credit cards have strict criteria. You can still apply for the card even if your bankruptcy is not filed. However, if you miss one or more of your loans payments, it will take time for the default to be removed. If you don't have a high credit score, you might need to wait for it to improve to the mid-700s before you apply.
Citi Premier
The Citi Premier(r), Card is a great choice for beginners looking for a credit that rewards your spending and offers travel rewards. The card charges a low $95 annual fee and rewards your spending in popular categories with flexible ThankYou points. You can exchange your points for cash back or travel rewards. In addition, you can earn up to 80,000 ThankYou points for every dollar you spend with the card. This is approximately worth $800 in gift vouchers.
Oakstone Platinum Secured Mastercard
This secure credit card has many advantages for consumers who are just starting out. It offers low APRs and a high credit limit, as well as reporting your payment history to the three major credit bureaus. You don't have to pay an annual fee and there are no penalty rates. There is not a rewards or signup bonus. You will need to make a $200 security deposit. This isn't much when compared with other secured card options. The card will also charge a 3 percent foreign transaction fee.
First Access Visa Credit Card
The First Access Visa Credit Card may be right for you if you are new to credit cards. This credit card can be a great option for people with poor credit, as it can help improve your credit score. It is possible to expect that your monthly usage will be reported by all three credit agencies. This card has a high APR for purchases, so it might not be the best choice for those who don't intend to make regular payments. MoneyGeek offers a standardized methodology that will give you a credit score.
Chase Sapphire Prreferred Card
The Chase Sapphire Preferred Card, if you're just starting out in the miles and points world, is the right tool for you. The Chase Sapphire Preferred Card has all the features a professional cardholder needs, but at an affordable price. From rewards to cash back, this card has everything you need to start earning points and miles. You'll be able to maximize your points because this card is new. It will be amazing how quickly your rewards accumulate!