Best credit cards in the market for people with limited credit history
One of the biggest drawbacks for people with limited credit history is the lack of credit card offers that provide them with favorable terms. While most of the banks deny such people any type of credit cards, there are a few others that charge sky high fees to issue cards to such applicants. However, fortunately, there are a few lenders who are willing to offer certain deals exclusively designed for applicants in this segment. Here are a few credit cards that are worth applying for.
The Standard Platinum credit card(OFFER EXPIRED) from Capital One is one of the card from this lender for people with limited credit history. The card has an annual fee of $19 which is waived off for the first 12 months. Customers get to personalize the card with images of their choice. With an interest fee of 24.9%, this card offer $0 fraud liability in case the card gets stolen or lost. The card also offers good deals on balance transfers.
The No Hassle Rewards credit card(OFFER EXPIRED) from the same lender is another card worth a try. Though the annual fee is high at $39, the interest rate varies between 17.9 percent and 22.9 percent depending on the credit history. Card holders can enjoy 2 percent cash back in gas stations and super markets. There is a 1 percent cash back for any other purchase made using the card. Customers also have an option of getting their card customized with the image of their choice.
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