You’re not alone if you have less than perfect credit and you’re wanting to get a new credit card. (In fact, over 30% of US adults have a “bad” or “poor” credit score.) And you’re also not alone if you dislike the idea of applying for a secured card – but luckily, there are many unsecured credit cards for bad credit that you can apply for instead.
Don’t think that a damaged credit score is the death knell when it comes to finding a good credit card offer. If you know how to search the Web, you’ll discover there are numerous good offers even for those with a somewhat troubled credit history.
First Progress Platinum Select MasterCard® Secured Credit Card
- Receive Your Card More Quickly with New Expedited Processing Option.
- No Credit History or Minimum Credit Score Required for Approval.
- Quick and Complete Online Application.
- Full-Feature Platinum MasterCard(R) Secured Credit Card.
- Good for Car Rental, Hotels; Anywhere Credit Cards are Accepted!
- Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History.
- Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application.
- Just Pay Off Your Balance and Receive Your Deposit Back at Any Time.
- 24/7 Online Access to Your Account.
- Nationwide Program though not yet available in NY, IA, AR, or WI.
Regular APR Annual Fee Credit Line Credit Recommended 14.24% $39 $2,000 Damaged/FairRegular APR14.24%Annual Fee$39Credit Line$2,000Credit RecommendedDamaged/Fair
Do Good Unsecured Credit Cards for Bad Credit Applicants Really Exist?
If you’ve always thought that those with poor credit ratings couldn’t get approved for an unsecured credit card with reasonable terms – prepare to be pleasantly surprised, because they can and they often do.
The truth is, requiring a security deposit is only one way that credit card companies mitigate risks. Bad credit credit cards may have a higher APR, higher late fees or cash withdrawal fees, require an annual fee, or simply have a lower credit limit, for example.
But, remember that good credit cards can have all of those same things as well. An depending on your needs and on how you manage your card, some of those seeming drawbacks may be irrelevant to you. Plus, you’d be surprised how reasonable of an APR you can sometimes get even with bad credit and even on an unsecured card – if you can just locate your best offer.
How Can I Find My Best Unsecured Credit Card Offer Online?
It’s easy to pull up a plethora of credit card offers online. But many of those offers may be for secured cards or may not be offers where bad credit applicants are accepted. Or, they simply may be offers ill-fitting to your specific needs and preferences.
And even when you Google “unsecured credit card bad credit,” and find a number of relevant hits, you can never be sure if you’ve found your best offer and can’t possibly spend the time to peruse every single relevant website you come across.
Is there a better way to find your ideal credit card offer? Well, yes there is. Using an online credit card search engine and brokerage service makes all the difference.
By taking advantage of the cutting edge search tools we offer you at Bonsai Finance, your ability to quickly locate your best offers is immensely enhanced. You can specify numerous different search criteria and narrow or widen your search as needed. And then, once you’ve found the best few offers, it’s easy to spend a little time researching and comparing them.
Why Choose Bonsai Finance?
Bonsai FinanceOur take: Online marketplace that searches through lenders to find the best offer for your personal situation Show more
Credit Score Loan Size/Amount Loan Term APR Origination Fee All can apply $100 - $15,000 1 - 60 4.99% - 1.386% Varies by lenderCredit ScoreAll can applyLoan Size/Amount$100 - $15,000Loan Term1 - 60APR4.99% - 1.386%Origination FeeVaries by lender
At Bonsai Finance, we understand the needs of people with bad credit. And we also have an in-depth understanding of today’s credit card industry. Our high-powered searches combine without staff’s second-to-none expertise to consistently match people to their best possible credit card offer.
We have been helping people find credit cards that match their exact stated preferences for years, and we consistently satisfy our customers and get extremely positive reviews on Yelp and elsewhere online from past card searchers we’ve helped.
We realize that many do not like to tie up hundreds of dollars in a security deposit on a credit card, nor to have their credit limit based on their deposit amount. If that sentiment is one that you share, and you have below-average credit, we are here to help you find the very best unsecured credit cards for bad credit in only minutes’ time. We make finding your ideal card (secured or unsecured) that quick and simple!