Credit card options for those who have filed bankruptcy are severely limited. If you're not yet fully rehabilitated, you may consider a secured credit card, which will require a cash deposit. These credit cards are intended to rebuild your creditworthiness. Post-bankruptcy credit cards can be obtained to help you rebuild your creditworthiness and score.
Capital One Platinum Secured
Capital One offers a card with a very low security deposit. Depending on your credit score, the deposit can be anywhere from $49 to $200. It increases your spending limit by the equivalent amount. If they are able to pay the security deposit, even bankruptcy can apply for this card.
Capital One Platinum Credit Card Secured is open to those with low credit scores. Applicants should have a checking or savings account to avoid rejection. Applicant must also prove that they can afford their monthly expenses. If this sounds like a hardship, another option is to use a credit card without a bank account, such as the Green Dot Visa(r) Secured card. You can use these credit cards to deposit cash in participating stores. You can also use them for free checks.
Find it Secure
A credit card such as the Discover it Secured credit cards is a good option if you're trying to rebuild credit after bankruptcy filings. The card's benefits and rewards make it an excellent choice. There is also no annual fee. This card also has no fees for foreign transactions or late payments. It also offers free access to your FICO score.
When you start rebuilding credit, be sure to pay your bills on time and follow responsible buying habits. Because secured credit cards offer smaller credit lines, it is a good idea to start with small purchases each month. This will help build a track record of stable payments and show lenders that your income is not dependent on credit.
OpenSky Secured Visa
OpenSky Secured Visa bankrupt credit card for those with poor credit is an excellent option. You can apply for the card with a debit card or via Western Union, but you will need to pay a security deposit of $200 to $3,000 to get started. OpenSky mails you your card once they have received the money. It may take two to 3 weeks before you receive it.
OpenSky Secured Visa to Bankrupt Credit Card offers many benefits. You don't need a checking or credit score to apply. You will also only need to make a $200 to $3,000 refundable deposit to be approved. The deposit will act as your credit limit. These requirements will still be met and the card will be approved even if your credit score is low.
Capital One Platinum Visa to Rebuild Credit
Bad credit people will love a creditcard that gives cash back. Credit One Bank's Platinum Visa allows you to earn 1% cash back for everyday purchases. However, it is important to be aware of the card's conditions and fees. Expected fees and rates can be common. If you're prequalified, you should only apply to the card.
Capital One can approve you for a credit card even if your bankruptcy has been filed in the past. They offer a Platinum Visa for Rebuilding Credit with a low rate of interest and no foreign transaction fees. The Credit Protection Program helps you avoid your credit score from falling while you are rebuilding.