Credit Cards For Bad Credit: No Deposit Required

Almost all credit card companies guarantee instant approval of a credit cards for bad credit decision when you try to pre-approve one of their cards. But remember that pre-qualification does not guarantee final approval, although it will certainly increase your chances.

If your credit score is below par, but you want to have a non-suspended credit card, read on to learn more about some of your best options.

Credit Cards For Bad Credit: No Deposit Required
Credit Cards For Bad Credit: No Deposit Required

Credit Cards for Bad Credit

All seven credit cards for bad credit are insecure – they don’t require a deposit, even if you have bad credit. In fact, these cards are designed for consumers with bad credit.

Mastercard® appears

Celtic Bank’s Surge Mastercard® offers instant approval decisions and relatively high credit limits. In addition, he will consider increasing your credit limit after six months of current payments. In addition to the annual fee, review the monthly maintenance fee (waived for the first year), foreign transaction fees and late/refund fees, additional card and cash advance fees.

Reflex MasterCard®

Reflex Mastercard® is nearly identical to Surge Mastercard®, which is not surprising as they both share the same issuer. Provides $0 fraud liability for unauthorized charges and the likelihood of a credit limit increases over time. If you have a higher credit limit (i.e. $750+), you don’t have to pay the monthly fee for the first year.

Indigo® Mastercard® for Less Than Perfect Credit

Another Celtic Bank product, the Indigo® Mastercard® for Less than Perfect Credit is an instantly approved credit card with no deposit required. Charges an annual fee and a high APR for cash advances or late payments. No maintenance or setup fees, but banks charge fees for excess transactions, late fees, refunds, overseas transactions and cash advances

Milestone® Mastercard®

Issued by the Bank of Missouri, if you are unable to prequalify your own credit card, the bank may recommend a credit card from another issuer to you. There is no monthly card maintenance fee, but in addition to the annual fee, there are cash advance fees (waived for the first year), overseas transactions, over-limit transactions, late fees or refunds. You may only use one Milestone® Mastercard®.

Read Too:

Credit card for bad credit to rebuild credit

Indigo® Unsecured Mastercard® – Prior Bankruptcy is Okay

The Indigo® Unsecured Mastercard® – Prior Bankruptcy is Okay may waive its annual fee, and you get to select one of its card designs for free. This unsecured card does not charge setup or maintenance fees, but there are fees for cash advances and foreign transactions. Expect to pay fees and a penalty APR if your payment is late, and fees apply if you go over your credit limit or your payment bounces.