Best Credit Cards for Bad Credit – Rebuild Your Credit Score
Introduction
If you have bad credit, getting approved for a credit card can be tough. Many traditional credit card issuers reject applicants with low credit scores, making it difficult to improve your financial situation. However, credit cards for bad credits do exist—and they can help you rebuild your credit if used responsibly.
In this guide, we’ll cover:
✅ The best credit cards for bad credit (secured & unsecured)
✅ How to use a credit card to rebuild your credit
✅ Alternative options if you can’t qualify for a credit card
✅ How Mountains Debt Relief can help with Credit Card Debt Relief
By the end, you’ll know exactly which credit card options are available for bad credit borrowers and how to take control of your financial future.
What Is Considered Bad Credit?
Your credit score determines your ability to get approved for credit cards, loans, and other financial products. Here’s a breakdown of FICO credit score ratings:
| Credit Score | Rating |
|---|---|
| 800 – 850 | Excellent |
| 740 – 799 | Very Good |
| 670 – 739 | Good |
| 580 – 669 | Fair |
| Below 580 | Poor |
If your credit score is below 580, most traditional lenders will see you as a high-risk borrower, making it difficult to get approved for unsecured credit cards. However, some credit cards are designed specifically for people with bad credit to help them rebuild their financial standing.
Types of Credit Cards for Bad Credit
There are two main types of credit cards for bad credits:
1. Secured Credit Cards
A secured credit card requires a security deposit, which acts as your credit limit. These cards are ideal for people with bad credit or no credit history.
✔ Easier approval
✔ Lower interest rates than unsecured cards
✔ Helps rebuild credit faster
🚨 Best for: People who can afford a deposit and want to build credit responsibly.
2. Unsecured Credit Cards for Bad Credit
An unsecured credit card does not require a deposit, but it comes with higher interest rates and fees. These cards are harder to qualify for but are useful for those who don’t want to tie up money in a security deposit.
✔ No deposit required
✔ Can be used like a regular credit card
✔ Some offer rewards
🚨 Best for: People who can’t afford a security deposit but want to rebuild credit.
Best Credit Cards for Bad Credit
Here are the top credit cards for bad credits in 2024:
1. Discover it® Secured Credit Card
💳 Best for Cash Back
- Deposit Required: $200 minimum
- Rewards: 2% cash back at restaurants and gas stations
- APR: 27.99% (variable)
- Annual Fee: $0
- Credit Reporting: Reports to all three major credit bureaus
✔ Why We Like It: After 7 months of responsible use, Discover may upgrade you to an unsecured card and refund your deposit.
2. Capital One Platinum Secured Credit Card
💳 Best for Low Deposit
- Deposit Required: $49, $99, or $200 (depending on creditworthiness)
- Rewards: None
- APR: 30.49% (variable)
- Annual Fee: $0
- Credit Reporting: Reports to all three credit bureaus
✔ Why We Like It: A low deposit option makes this card ideal for those with limited funds.
3. OpenSky® Secured Visa® Credit Card
💳 Best for No Credit Check
- Deposit Required: $200 – $3,000
- Rewards: None
- APR: 22.64% (variable)
- Annual Fee: $35
- Credit Reporting: Reports to all three credit bureaus
✔ Why We Like It: No credit check required, making it ideal for those with bad credit or no credit history.
4. Credit One Bank® Platinum Visa® for Rebuilding Credit
💳 Best Unsecured Card
- Deposit Required: None
- Rewards: 1% cash back on eligible purchases
- APR: 28.49% (variable)
- Annual Fee: $75 the first year, then $99 annually
- Credit Reporting: Reports to all three credit bureaus
✔ Why We Like It: This is one of the few unsecured cards available for those with bad credit.
5. Petal® 1 “No Annual Fee” Visa® Credit Card
💳 Best for Low Fees
- Deposit Required: None
- Rewards: None
- APR: 24.74% – 34.24% (variable)
- Annual Fee: $0
- Credit Reporting: Reports to all three credit bureaus
✔ Why We Like It: Uses alternative credit data, making it easier to qualify for.
How to Use a Credit Card to Rebuild Your Credit Score
Once you have a credit card, follow these steps to rebuild your credit:
✅ 1. Make Payments on Time
💡 Your payment history makes up 35% of your credit score, so never miss a payment.
✅ 2. Keep Your Credit Utilization Low
📉 Keep your credit usage below 30% of your credit limit for a better credit score.
✅ 3. Avoid Carrying a Balance
💳 Pay your balance in full every month to avoid high interest charges.
✅ 4. Monitor Your Credit Score
🔍 Check your credit score regularly and track your progress using free tools like:
- Credit Karma
- Experian
- Capital One CreditWise
What If You’re Struggling with Credit Card Debt?
If high-interest credit card debt is keeping you from improving your credit, you might need a debt relief solution instead of another credit card.
Mountains Debt Relief Can Help!
At Mountains Debt Relief, we help people struggling with credit card debt relief by offering:
✔ Debt Negotiation – We work with creditors to reduce your total debt.
✔ Lower Monthly Payments – We create a plan that fits your budget.
✔ No More Collection Calls – We help stop harassment from debt collectors.
✔ Faster Debt Freedom – Get out of debt faster than just making minimum payments.
Why Choose Mountains Debt Relief?
✅ Personalized Plans – We tailor a solution to fit your financial situation.
✅ No Upfront Fees – You don’t pay until we successfully reduce your debt.
✅ Trusted Experts – Our team has helped thousands of people get out of debt.
📞 Get a Free Consultation Today!
Call us at (Your Phone Number) or visit MountainsDebtRelief.com to take control of your finances today.
Final Thoughts
Choosing the right credit card for bad credit can help you rebuild your financial future, but responsible usage is key. If credit card debt is holding you back, Mountains Debt Relief is here to help you regain control.
💡 Start your journey to better credit today! 🚀