Credit cards for those with bad credit – Do you have bad credit? You’re not alone. In fact, according to a recent report from the Federal Reserve, almost 30% of Americans have “subprime” credit scores.
5º – First Progress Platinum Prestige Mastercard® Secured Credit Card
If you have bad credit, you may think that you’re stuck with a subprime credit card with high fees. But there are actually a few good options out there for people with bad credit. One of the best is the First Progress Platinum Prestige Mastercard® Secured Credit Card.
This card has a low annual fee of $29 and no foreign transaction fees. You’ll also get a free monthly Experian credit score so you can track your progress. The biggest benefit of this card is that it offers a 0% APR on purchases and balance transfers for the first 12 billing cycles. After that, the APR will be 14.99% – 24.99% Variable, based on your creditworthiness. Credit cards for those with bad credit.
To qualify for this card, you’ll need to make a deposit of at least $200 (which will be your credit limit). So if you don’t have much saved up, this may not be the right card for you. But if you’re looking to rebuild your credit and want to take advantage of some great benefits, the First Progress Platinum Prestige Mastercard® Secured Credit Card is definitely worth considering.
There is no annual fee, and you can earn cash back rewards on your purchases. credit cards for those with bad credit.
That means they fall below the threshold for getting the best interest rates on loans, credit cards, and other financial products. But just because you have bad credit doesn’t mean you can’t get a credit card.