Loans & Credit Cards for No Credit History: 2020

This section is for people with little experience (if at all) of having a credit card. Try one of our expert recommended cards, designed specifically for people with Limited or No Credit! Pay closer attention to secured credit cards. Now, during the crisis, credit card issuers do not want to risk and tighten approval requirements. Secured cards require a refundable security deposit, which acts as collateral, and therefore, the risk of being denied becomes lower.

September 2020: BEST CREDIT CARD FOR NO CREDIT

4
Card Overall Rating
Fair / Bad Credit
Regular APR
See Issuer Website
Annual Fee
See Issuer Website
Credit Check
Yes
Credit Bureaus Reporting
Yes
  • YOU’RE NOT ALONE – First PREMIER Bank values its customers and employees and helping them build a bright future.**
  • WORKING TOGETHER - Since 1989, First PREMIER Bank has worked to help individuals and families with less-than-perfect credit obtain the credit they need to improve their financial health.**
  • Looking to build credit? We report to the major consumer reporting agencies monthly**
  • Apply online for a credit card to build credit**

More Credit Offers for No Credit

Horizon Gold Application
Compare now (13) »
4
Card Overall Rating
  • Must have Active Debit Card or Credit Card to qualify.
  • Instant $500 Credit Line.
  • No Credit Check.
  • No Employment Check.
  • Reports to a Major Credit Bureau.
  • Fast Online Application.
  • Bad Credit accepted.
Regular APR
0.00%
Annual Fee
See Terms
Credit Check
No
Credit Bureaus Reporting
Yes
5
Loan Overall Rating
  • Our process is safe, secure, fast and reliable.
  • No waiting in lines or going to a physical store.
  • Request your loan straight from your mobile phone, or computer.
  • You may be approved in minutes, and your cash will be deposited straight into your bank account.
Checking Account Required
Yes
Maximum Loan Amount
$2,500
Minimum Loan Amount
$100
Employment Required
No
4
Card Overall Rating
  • Better than Prepaid…Go with a Secured Card! Load One Time - Keep On Using
  • Absolutely No Credit Check or Minimum Credit Score Required
  • Automatic Reporting to All Three National Credit Bureaus
  • 9.99% Low Fixed APR - Your Rate Won´t Go Up Even if You Are Late
  • Activate Today with a $200 Minimum Deposit - Maximum $1,000. * Increase Your Credit Limit up to $5,000 by Adding Additional Deposits Anytime
Regular APR
9.99% (Fixed)
Annual Fee
$48
Credit Check
No
Credit Bureaus Reporting
Yes
4
Card Overall Rating
  • Low Monthly Payments
  • Get Pre-Qualified Instantly
  • No Annual Membership Fees
  • No Over-Limit Fees
  • No Fees to Pay Your Bill Online
  • Credit Lines Start at $100!
  • Buy Now, Pay Later
Regular APR
See terms
Annual Fee
$0
Credit Check
Yes
Credit Bureaus Reporting
Yes
4
Card Overall Rating
  • No credit check necessary to apply. OpenSky believes in giving an opportunity to everyone.
  • The refundable* deposit you provide becomes your credit line limit on your Visa card. Choose it yourself, from as low as $200.
  • Build credit quickly. OpenSky reports to all 3 major credit bureaus.
  • 99% of our customers who started without a credit score earned a credit score record with the credit bureaus in as little as 6 months.
  • We have a Facebook community of people just like you; there is a forum for shared experiences, and insights from others on our Facebook Fan page. (Search “OpenSky Card” in Facebook.)
  • OpenSky provides credit tips and a dedicated credit education page on our website to support you along the way.
  • *View our Cardholder Agreement located at the bottom of the application page for details of the card.
Regular APR
17.39% (variable)
Annual Fee
$35
Credit Check
No
Credit Bureaus Reporting
Yes
4
Card Overall Rating
Fair / Bad Credit
  • YOU CAN DO MORE THAN JUST GET BY - First PREMIER Bank values its customers and employees and helping them build a bright future.**
  • Looking to build a credit future? We report to the major consumer reporting agencies monthly**
  • Reports to consumer reporting agencies help you monitor your financial progress to build credit history (build credit by keeping your balance low and paying on time every month)
  • Access to credit, and the things you need (subject to available credit)
  • First PREMIER customer service: helpful, friendly, fast
  • Apply online for a credit card to build credit**
Regular APR
See Issuer Website
Annual Fee
See Issuer Website
Credit Check
Yes
Credit Bureaus Reporting
Yes
3
Card Overall Rating
Poor/Limited/No Credit
  • Receive Your Card More Quickly with New Expedited Processing Option
  • No Credit History or Minimum Credit Score Required for Approval
  • Quick and Complete Online Application
  • Full-Feature Platinum Mastercard® Secured Credit Card
  • Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
  • Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
  • Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
  • Just Pay Off Your Balance and Receive Your Deposit Back at Any Time
  • 24/7 Online Access to Your Account
  • Nationwide Program though not yet available in NY, IA, AR, or WI * See Card Terms.
  • Apply in just a few moments with no negative impact to your credit score; no credit inquiry will be recorded in your credit bureau file
Regular APR
9.99% (V)
Annual Fee
$49
Credit Check
No
Credit Bureaus Reporting
Yes
5
Loan Overall Rating
Limited / No Credit
  • Get the savings plan that helps build credit today!
  • Start with a Credit Builder Account that reports monthly payments to all 3 major credit bureaus.
  • Sample product: A $539.00 Credit builder account, paid 12 times over one year would have a monthly payment of $48.00, and an Annual Percentage Rate of 15.65%. Please refer to www.self.inc/pricing for the most recent pricing options.
Checking Account Required
No
Maximum Loan Amount
$1,700
Minimum Loan Amount
$525
Employment Required
Yes
4
Card Overall Rating
Poor/Limited/No Credit
  • Enjoy 0% APR on Purchases for Six Months!
  • Full-Feature Platinum Mastercard® Secured Credit Card
  • Monthly Reporting to all 3 Major Credit Bureaus to Establish Credit History
  • Good for Car Rental, Hotels; Anywhere Credit Cards Are Accepted!
  • Credit Line Secured by Your Fully-Refundable Deposit of $200 -- $2,000 Submitted with Application
  • 24/7 Online Access to Your Account
  • Nationwide Program though not yet available in NY, IA, AR, or WI
  • * See Card Terms.
Regular APR
12.99% (V)
Annual Fee
$49
Credit Check
Yes
Credit Bureaus Reporting
Yes
4
Card Overall Rating
Excellent, Good, Limited Credit
  • Up to a $5k credit limit
  • All the benefits of a premium Mastercard®
  • High credit limits, low interest rates
  • No annual fee*, no security deposit
  • No credit history required to apply if you don't already have one. If you are a US citizen, a US permanent resident, or have been living in the US for over one year at the time of application, Jasper will run a hard credit inquiry with the credit bureaus.
  • An intuitive experience that includes personalized, real-time financial advice, and innovative auto payment options
  • Ongoing education for smart credit use via app and emails to encourage healthy financial behavior
  • Issued by WebBank, Member FDIC
  • *Review the Jasper fee schedule: Jasper Mastercard®
Regular APR
15.49% (variable)
Annual Fee
$0*
Credit Check
Yes
Credit Bureaus Reporting
Yes
4
Card Overall Rating
Limited / No Credit
  • A real line of credit for people with limited or no credit.
  • Earn rewards on all purchases, every day. Rewards won’t expire.
  • Help strengthen your credit with responsible card use.
  • Low to No Annual Fee.
Regular APR
Annual Fee
Credit Check
No
Credit Bureaus Reporting
Yes

Limited or No Credit Cards

If you keep getting turned down for a credit card because you have limited or no credit, rest assured there are credit cards tailored just for you. These cards offer reasonable fees and competitive interest rates, and are designed to help you establish credit and potentially earn cash back.

Try these cards:

  • Secured credit cards - The easiest way to build up credit and reap the benefits of a credit card is to apply for a secured card. These cards may not require a credit history and can be used just like a regular credit card for online purchases and bill payments. Users also may benefit from incentives like cash back offers. If you are trying to establish your credit rating, confirm that your credit will in fact be reported to the major consumer reporting agencies because there are still secured cards that are not reported to any credit bureau.
  • Instant approval - The process of applying for a credit card can be tedious and lengthy, so skip all the drama by applying online for an instant approval card. Getting an instant decision on a credit card application means not having to schedule meetings with banks or credit card companies. This is also a good option if you need a card right away, perhaps for a trip or unexpected expense. Best of all, you will have your card in your hands within a few weeks.
Use your card to build credit. Many credit cards now include built-in benefits that help card holders establish good credit. The benefits may include late payment alerts, due date reminders, free FICO score, and concierge service. All these features may help you be on time with your credit card payments and track your credit score on your online credit account.

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This tool finds credit offers that suit your situation best. However, only lenders and issuers decide whether you'll be approved or not for an offer.

Not Sure Which Card to Choose?

Ask Our Experts or Read Credit Card FAQs
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...
We can recommend you start with consider 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...
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...
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