If you're just getting started with credit, a beginner credit card can be a great choice. These cards help build credit and will allow you later to be eligible for better terms. Some cards even provide rewards for good card use. We'll be looking at the top beginner credit cards. You may also find our guide to first access visa card cards useful. Listed below are some of the most popular beginner credit cards.
Capital One Venture Rewards Card
If you're considering a Capital One Venture Rewards credit card, you should know that there are strict criteria to meet. A bankruptcy does not automatically disqualify you for the card. If you have missed any of your loan payments, the default will be removed from credit reports. You may need to wait until you have a good credit score in the middle 700s to apply.
Citi Premier
The Citi Premier(r), Card is a great choice for beginners looking for a credit that rewards your spending and offers travel rewards. This card has a $95 annual fee. It rewards you spending in popular categories by giving you flexible ThankYou points. You can use these points to get cash back, travel reward or gift cards. You can also earn up to 80,000 ThankYou Points for every dollar spent with the card. This can be used to purchase gift cards worth approximately $800
Oakstone Platinum SecuredMastercard
This secure card is great for new consumers. It offers low APRs and a high credit limit, as well as reporting your payment history to the three major credit bureaus. Additionally, there is no annual fee and it does not have penalty rates. It does not offer a reward program or signup bonus. You will need to make a $200 security deposit. This isn't much when compared with other secured card options. This card also charges a three percent foreign transaction fee.
First Access Visa Credit Card
You may be a beginner to credit card use and wondering if the First Access Visa Credit Card might be right for your needs. Bad credit people will love the credit card because it can increase your credit score. Your monthly credit card usage will be reported to the three major credit agencies. The high APR of this card for purchases means it is not the best option for those who aren't planning to make regular payments. MoneyGeek offers a standardized methodology that will give you a credit score.
Chase Sapphire Prreferred Card
The Chase Sapphire Preferred Card, if you're just starting out in the miles and points world, is the right tool for you. The card has all the benefits that professional cardholders want, but it's affordable. From rewards to cash back, this card has everything you need to start earning points and miles. And because it is a new card, you'll find a variety of ways to maximize your points. You'll be amazed at how quickly your rewards add up!