If you have limited or no credit history, and do not wish to pay a security deposit, then depending on your personal needs, you can choose to apply for a prepaid debit card or a credit card. Both credit cards for limited or no credit history and prepaid debit cards may have setup or activation fees, but they are not as high, and some of the cards either do not even charge or waive them. If you are looking for a way to build credit, view credit card offers on Limited or No Credit Cards page on our site. They may help you establish credit if you make regular on time payments to all of your creditors and keep your balances below limits. Credit cards for limited or no credit score also provide monthly credit reporting, which is important if you wish to build your credit history fast. If building credit is not as important to you as the ability to make electronic payments, then consider prepaid debit cards that require no credit check, give 100% guaranteed approval, are usually lower cost than credit cards and provide a wide selection of useful tools to help you manage your finances and not overspend.