If you are just getting started in credit, a beginner card is a good option. These cards can help you build your credit history and allow you to qualify later for better terms. You may even be eligible for rewards if you make good use. In this article we will examine the best beginner creditcards. Check out our guide to Visa Credit Cards for First Access. Here are some popular beginner credit options.
Capital One Venture Rewards Credit Card
Capital One Venture Rewards credit card applicants should be aware of the strict criteria they must meet. However, bankruptcy does not automatically make you ineligible for the card. You will need to wait until the default is removed from your credit report if your loans have been late. You may need to wait until you have a good credit score in the middle 700s to apply.
Citi Premier
Citi Premier(r), card may be right for you if a newbie is looking for a card that will reward you for your spending and offer travel rewards. You pay a low $95 annually fee, and you get flexible ThankYou Points for your spending. You can redeem your points for cashback, travel rewards, and gift cards. For every dollar you spend on the card, you can earn up 80,000 ThankYou points. This is equivalent to about $800 in gift certificates.
Oakstone Platinum Secured MasterCard
This secure credit card has many advantages for consumers who are just starting out. It provides low APRs with a high credit limit. Additionally, it reports your payment history directly to the three major credit agencies. You don't have to pay an annual fee and there are no penalty rates. The only problem is the lack of a signup bonus or rewards program. In addition, it requires a security deposit of $200, which is not much compared to other secured cards. This card also charges a three percent foreign transaction fee.
First Access Visa Credit Card
The First Access Visa Credit Card may be right for you if you are new to credit cards. A credit card is great for those with bad credit as it can help raise your credit score. Your monthly credit card usage will be reported to the three major credit agencies. The card's APR is very high, and it might not suit everyone. MoneyGeek's standard methodology will provide you with an accurate score for credit.
Chase Sapphire Preferred Card
The Chase Sapphire Preferred Card can be your best tool if you're new at the miles/points hobby. This card is affordable and offers all the same features as professional cardholders, but with a lower price. This card offers everything you need to earn miles and points, from cash back to rewards. This card is brand new and you will find many ways to maximize your points. You'll be amazed at how quickly your rewards add up!