Bad Credit Credit Cards Instant Approval A “Bad credit card card” is a term that applies to credit cards that can be had even with low credit scores. These bad credit credit cards instant approval are provide for people with poor scores to improve their credit rating. Bad credit cards can be a lifeline for people in these kinds of situations. These credit cards can act as an educator for people who have been unable to control their spending in the past. The common term for the bad credit credit card is a secured credit card. People are required to open up an account with the lender and keep a cash balance in the account. This is required because the credit card supplier needs to have some security in order to trust people that have defaulted on credit cards in the past. According to the bank’s policies the limit on the card will be from fifty to one hundred percent of the balance of the account. Sometimes the bad credit card cards are called debit cards, because the work more like a debit card than a credit card. There are many of the bad credit credit cards available on the internet. There are 4 things that you should consider before deciding on a card: the minimum balance that is required to remain in the account, the amount of credit you will receive and what percentage of your account that will be considered, the fees/other-charges that apply to getting the bad credit card card and the interest rate that you will receive on the balance in your bank account. Bad credit credit cards instant approval are available. The best bad credit card card would not have any fees or other-charges associated with it and would require a small minimum bank balance. Ideally you would have 100% of your bank account would be your credit limit. Also, the best bad credit card card would also offer a good interest rate on the savings account balance. These secured bad credit card cards are really a good idea to help people with a bad credit rating by letting them enjoy the benefits of credit cards and at the same time improve their credit rating. However, I would say that there is no doubt that charges and cost associated with bad credit credit cards are high, but if you looked at the positive side then you would realize that such cards enable a person to have all the benefits of holding a card along with an opportunity to rebuild their credit rating. As and when you use the cards and repay the balance on time, the issuing company increases your credit limit along with decreasing the interest rate they charge. When lenders send positive reports to the credit bureaus, your credit history improves and you move closer to the financial independence.