the Best Starter Credit Cards for Beginners
Getting a credit can for the first time is a very challenging thing as you do not have a credit score. It will also be challenging for you to get a credit card if you were late in paying back your last credit or other loans. You do not have to worry about credit cards anymore, there are credit cards companies in the company that has come to your aid. To learn more about starter credit cards for beginners, continue reading this article.
Discover It is a company that offers credit cards for beginners. The company gives five percent cashback on sale in rotating categories. For those how are not sure whether they want to accumulate credit scores, this is the best credit card. You will have to register first for you to get the cashback of five percent on the first purchase and one percent for the other purchases. You can view here for more information about this credit card.
Chase Freedom is another company that offers credit cards for beginners. Unlike other credit cards, Chase Freedom has the best sign up bonus. You will be paid to sign up bonus for the first three months after opening your account and meeting the purchase limit. In rotating categories, you will also earn cashback on certain purchase limit.
The other starter credit card is Capital One Secured. This credit card is secured and that is why it bears the name. If you have a low credit score due to late payment for the last credit or loan, this is the best credit card for you. Based on your creditworthiness you will have to pay a deposit to secure the credit limit. With this credit card, if you have low limit, you get automatic credit limit increase with no charges like annual fee, balance fee, foreign purchase transaction fee or others.
Capital One QuicksilverOne is the other credit card that is there to favor beginners. This is the simplest credit card among all others in the market. This credit card will allow you to get a 1.5 percent cashback bonus on all the purchases that you make. When you make payments on time for the first five months, you will get an automatic credit limit increase and the cashback bonus for this card does not expire. If you want to know more about the benefits of using credit cards, read more here. If you were looking for a simple credit card as a starter, this article will guide to the best.