7 Best Credit Cards for Bad Credit of 2021

Do you have bad credit? You can still get a credit card even in that situation, and it can potentially help to improve your score. However, it’s essential to use it responsibly, paying in full, on time. Here are the seven best credit cards for bad credit of 2021:

1) The OpenSky Secured Visa Credit Card

You will need to deposit at least $200 to apply for this card, which will become your credit line limit. Getting this card can potentially make your credit increase quickly because they report your payments to all major credit bureaus. There’s an annual fee of $35 and a variable APR of 17.39%.

2) Secured Mastercard from Capital One

In order to apply for this card, you will need a deposit of $49, $99, or $200. Secured Mastercard from Capital One also reports to the credit bureaus, which can improve your score if you pay your bill in full on time. There’s also a possibility of a higher credit line after six months without having to provide another security deposit. 

3) Credit One Bank Visa for Rebuilding Credit

Unlike most other cards, you won’t need to make a security deposit to apply. They also offer 1% cash back on eligible purchases. You will have to pay an annual fee too, which varies between $0 to $99, depending on your creditworthiness.

4) Discover it Secured Credit Card

Discover it is one of the best products available in the market if you have bad credit. First of all, there’s no annual fee, and you can earn 2% cash back at gas stations and restaurants on up to $1,000 in combined purchases each quarter, and 1% cash back on all other purchases. It will also help you increase your credit since it reports to credit bureaus. In order to apply for this card, you’ll need a minimum deposit of $200.

5) Assent Platinum 0% Intro Rate Mastercard Secured Credit Card

Assent Platinum offers a 0% intro APR on purchases for the first 6 months. You will also need a security deposit for this card, with a minimum of $200. It reports to all major credit bureaus, which can help to increase your credit. However, there’s a $49 annual fee and foreign transaction fees. It’s not available for residents of Arkansas, Iowa, New York, and Wisconsin.

6) First Progress Platinum Elite Mastercard Secured Credit Card

This credit card requires a security deposit of at least $200 to apply. Applying won’t affect your credit score. Completing an application is quick and easy, and there’s no credit history or minimum credit score required for you to be approved. First Progress Platinum Elite Mastercard Secured Credit Card is also a great option because it helps to boost your credit score since it reports to all major bureaus. However, be aware that you can’t apply if you live in Arkansas, Iowa, New York, or Wisconsin.

7) Harley-Davidson Visa Secured Credit Card

The Harley-Davidson Visa Secured Credit Card comes with a $0 annual fee. In order to apply for this card, you’ll need to deposit at least $300. It comes with zero fraud liability and fraud protection. There’s also automatic bill pay and online banking. If you’re a loyal Harley-Davidson customer, you might like to know that you can redeem 2,500 points for a $25 gift card to spend on H-D. 

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