Title:
Bad Credit Credit Card Offers
Word Count:
534
Summary:
Having less than perfect credit does not cancel out your credit card
options. In fact, just the opposite is true. These days, credit card
lenders issue plastic for every need under the sun. This includes cards
designed specifically for those with poor credit. By taking advantage of
a bad credit credit card, you can get back on your financial feet in no
time. Read on to learn more about bad credit credit card offers.
Prepaid Debit Cards
If you have trouble getting appr...
Keywords:
bad credit credit cards, poor, credit card, offers, orchard bank, first
premier bank, apply
Article Body:
Having less than perfect credit does not cancel out your credit card
options. In fact, just the opposite is true. These days, credit card
lenders issue plastic for every need under the sun. This includes cards
designed specifically for those with poor credit. By taking advantage of
a bad credit credit card, you can get back on your financial feet in no
time. Read on to learn more about bad credit credit card offers.
Prepaid Debit Cards
If you have trouble getting approved for a traditional credit card, a
prepaid debit card is a smart alternative. With this option, you first
deposit money into your account. You can then use your card to make
purchases. To help you stay on track, your line of credit is limited to
the amount you have deposited. By putting money into your account and
making purchases, you will rebuild your credit. For two great prepaid
options, check out the All-Access Visa Prepaid Card and the Wired Plastic
Prepaid Visa Card.
Secured Credit Cards
Another option for those with bad credit is a secured credit card. This
type of card requires you to open a savings account. The account serves
as security for the line of credit. The credit available to you is a
percentage of your deposit. This usually ranges from 50 to 100 percent.
If you pay off your balance consistently, over time your line of credit
will increase. A secured credit card usually includes an annual fee and
high interest rate.
First Premier and Orchard
Perhaps you plan to occasionally carry a balance on your card. If this is
the case, there are various bad credit credit card offers available.
First Premier Bank issues cards designed for those with poor credit.
First Premier Bank credit cards offer low interest rates and the chance
to improve your credit rating. You can be approved instantly for one of
their cards. Check out the First Premier Bank Gold MasterCard/Visa to get
you started.
Orchard Bank also caters to those with a poor credit history. The Orchard
Bank Platinum MasterCard offers a low interest rate on purchases. It also
regularly reports to credit bureaus. This gives you a chance to use your
card, pay off balances, and have creditors take notice.
Both First Premier and Orchard Bank cards include a number of fees. First
Premier Bank charges initial fees of $29 and $95, as well as a monthly
participation fee and annual fee. Orchard Bank requires a high annual
fee.
These expenses may seem high. However, it is important to remember that
these companies are offering cards to those with poor credit. Most bad
credit credit card offers include extra fees due to the risks involved.
Yet these cards are designed to help you improve your credit rating. Once
you show that you can handle these cards wisely, you can apply for other
offers.
Don’t let poor credit get you down. There are many bad credit credit card
offers available. Choose the option that’s best for you and then apply
online. With careful planning, you can improve your credit score. Soon
you’ll be in good standings once again with lenders. This can open many
more financial doors in your future.