I have no credit but I would like a card where I don't have to put 200 deposit to start.

Answered on November 12, 2010
Updated on November 12, 2010
The content is accurate at the time of publication and is subject to change.
Amy Miller Amy Miller
There is good news for you. Most banks offer unsecured credit cards for people with no or limited credit history. Unlike secured credit cards these cards do not require any deposit. Unsecured credit cards are reported to major credit bureaus allowing you to build your credit if you manage them wisely. In your case banks will consider a lot of factors (apart from your credit score as there is none) when approving you for an unsecured credit card of your choice. The main decisive factors are your ability to pay, your income, your employment history to see if you are able to hold a job, your residence history to see how often you move and whether you rent or own. www.BestCreditOffers.com has a great selection of best credit cards from reliable card issuers. Look through the credit card offers at our site and choose the one you like best.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

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BROWSE MORE QUESTIONS ABOUT No Credit Cards:

You can choose one of the credit cards for limited credit to make your credit profile better. Or you can consider secured credit card. Some card offers have no annual fee and pretty nice rewards programs. Thus, you may save more money than spent on the security deposit.
If you do not have any credit history, you should consider credit cards for people with limited or no credit history. We recommend you consider secured credit cards. Don't worry about security deposit as it is refundable. Also, some secured cards have rewards programs that allow you to earn cash back on your purchases that may potentially cover your deposit expenses.
We can recommend you start with secured credit cards. These cards require a security deposit paid upfront. A secured credit card is a good way to build your credit history as it reports the account activity to major credit bureaus. You just need not to miss payments and pay off your balance. After that, getting approval for an unsecured card will be much easier. For example, you may consider the Merrick Bank Secured Credit Card. This card can help you build credit, since your account activity will be reported to all three major credit bureaus. The amount of your deposit determines your initial credit...

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