No Credit/Limited Credit


If you have no credit but you are looking to carry a credit card in your wallet, that can be a little difficult. In recent years there are several banks that have focused on providing no credit credit cards to individuals seeking them. The popular solution was to create prepaid debit credit cards for people with no credit history. Some of these products have a credit building feature built into them so that you can begin building a credit history.

There are several prepaid credit card products on the market and it can get confusing which cards offer the best value. We have researched the products that are available online and have put together a listing of the cards that offer the most benefit to consumers. Please review our Top 5 No Credit Credit Cards list and select the card that is right for you.

No Credit History Credit Cards

  First National Bank Secured Visa® Card  
 

  • Your stepping stone to credit that can grow with you.
  • You provide an upfront deposit – from $300 to $5,000 – and that sets your credit limit, subject to our credit approval.
  • How you use your card will reflect on your credit rating with the three major credit bureaus.
  • There is no charge for receiving your FICO® 8 Bankcard Score.
  • You could qualify for additional unsecured credit — without sending an additional deposit — in as few as 6 months.
  • As soon as 15 months after opening your account, you could be eligible to apply for an unsecured card from First National Bank — and get your deposit back!
  • Use your Kickstart Secured Card anywhere Visa credit cards are accepted.
   
  Intro Purchase APR
N/A
Intro Balance Trans. APR
N/A
APR
20.99%*
Annual Fee
$29
 

 READYdebit® Visa Prepaid Card 
 

  • Instant account number - a great card for your money
  • Free† direct deposit - paycheck, benefits, tax refunds
  • Easy online bill payment & mobile account access
  • No purchase transaction fees
  • No overdraft fees or balance minimums
  • Withdraw cash at ATMs or get cash back with purchases
  • Credit ScoreTracker1 with Free† direct deposit
  • Choose your card color - blue or pink
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
N/A*
APR
N/A
Annual Fee
$9.95 monthly fee
 



 NetSpend® Visa® Prepaid Card 
 

  • Get Paid up to 2 days faster with direct deposit — payroll and government benefits
  • 100% Approval - No credit check needed (ID verification required).
  • No credit card debt or late fees, because it is not a credit card
  • Earn cash back with NetSpend Payback Rewards
  • Real-time activity alerts sent to your mobile phone. (Message rates may apply)
  • Prescription Discounts - up to 55% off!
  • Funds are FDIC insured up to the current coverage limit (ID verification required).
  • Card issued by MetaBank®, Member FDIC.
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
N/A*
APR
N/A
Annual Fee
$9.95 monthly fee
 



 JourneySM Student Rewards from Capital One®  
 

  • Earn 1% cash back on every purchase
  • For every month you pay on time, you receive a 25% bonus—that's a total of 1.25% cash back
  • There's no limit to the amount of cash back you can earn, and rewards don't expire
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Pay no annual fee or foreign transaction fees
  • Fraud coverage if your card is lost or stolen
  • Pick the monthly payment due date that works best for you
  • Get free access to your credit score and learn how everyday decisions can affect your score using Capital One® Credit Tracker
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
N/A*
APR
19.8% (V)
Annual Fee
$0
 



 Capital One® Secured MasterCard® 
 

  • Unlike a prepaid card, it builds credit when used responsibly
  • Regular reporting to the 3 major credit bureaus
  • Your minimum security deposit gets you a $200 credit line
  • You may qualify for a credit line increase based on your payment history and creditworthiness—no additional deposit required
  • It's a credit card—accepted at millions of locations worldwide
  • Easily manage your account 24/7 with online access, by phone or using our mobile app
  • Get free access to your credit score and learn how everyday decisions can affect your score using Capital One® Credit Tracker
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
N/A*
APR
22.9% (V)
Annual Fee
$29
 



 Capital One® Classic Platinum Credit Card 
 

  • Get the credit you need with a competitive rate
  • Get access to a higher credit line after making your first 5 monthly payments on time
  • Fraud coverage if your card is lost or stolen
  • Use online banking to access your account—even from your smartphone with our mobile app
  • Pay by check, online, or at a local branch, all with no fee—and pick the monthly due date that works best for you
  • Get access to your account 24 hours a day, 7 days a week
  • Get free access to your credit score and learn how everyday decisions can affect your score using Capital One® Credit Tracker
  
 Intro Purchase APR
N/A*
Intro Balance Trans. APR
N/A*
APR
20.9% (V)
Annual Fee
$39
 



 Discover it® chrome for Students 
 

  • No annual fee. No overlimit fee. No foreign transaction fee. No late fee on your first late payment. And paying late won't increase your APR*.
  • 2% cash back on up to $1,000 in combined purchases at restaurants and gas stations every quarter—no sign-ups needed*. 1% cash back on all your other purchases.
  • 0% intro APR on purchases for 6 months—then a variable purchase APR applies, currently 12.99% - 21.99%.
  • APR won't go up if you pay late*.
  • Free FICO® Credit Score online and on your monthly statement so you can track your score's progress*.
  • Free text alerts can remind you when your payment is due. And free mobile app helps you stay on top of your account.
  • 100% U.S.-based customer service-anytime, day and night.
  • *Click \'Apply Now\' to see rates, rewards, free FICO® Credit Score terms and other information.
  
 Intro Purchase APR
0% for 6 months*
Intro Balance Trans. APR
See Terms for See Terms*
APR
12.99% - 21.99% Variable*
Annual Fee
$0
 



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Rating: 4.3/5 (3 votes cast)
No Credit/Limited Credit, 4.3 out of 5 based on 3 ratings

Credit Cards for People with No Credit History

So you have no credit history and it is difficult to find a credit card company that will approve you. There are some traditional credit card issuers and some prepaid card companies that can help. Capital One for example has a credit card designed for people who are new to the United States that are looking for a credit card. They have another card that is designed for U.S. residents looking to establish their credit history. Besides the traditional cards, there are prepaid cards that can also provide you the opportunity to build your credit history. They are relatively new. They will report your history with them to the major credit bureaus. If you are interested in a prepaid card with that option, make sure that feature is listed. If the reason that you have no credit history is because you are a college student, please check out our student credit cards page.

Picking the Right Credit Cards for No Credit

Like with any credit card, the main items you need to consider for a credit card for no credit history is very similar. The first thing is the annual fee. Most cards of this type will charge an annual fee. Anything that is $39 or less per year is fairly reasonable based on the research that we have done. The next thing that you need to consider is the interest rates. These rates will be much higher than most credit cards, but that is because you don’t have an established credit history. As you build your history, you will be presented with much better credit card offers in the future. Anything above 24.9% is unreasonable and you shouldn’t apply for a card that has interest rates higher than that. If you are considering a prepaid card, you will want to analyze the fees that they charge and see if they offer a credit building feature. We took all of these items into consideration when we formed our Top 5 No Credit Credit Cards list.

Making the Most of Your No Credit History

Everybody has to start somewhere and it is never too late. Your credit history and score are important because odds are that you won’t pay for your house or car with cash. Your credit score will determine the interest terms of your financing. Getting a credit card and making on-time payments will get you started in the right direction. It will show that you can be responsible managing your credit accounts and that will result in your credit score increasing.