Expert's Rating:
Folks with little or no credit should get a secured card, which this card is not. But what I like about this card is that for those with far less than "good credit" it is one notch above a secured card. They can get this card but not have to deal with secured card issues. This card still reports to the three credit bureaus to help build credit history, which constitutes about 33% of the credit score. Downside: annual fee of $39 or $59 the first year, or $0 - $49 Introductory the first year, then either $35 or $59 per year thereafter depending on the type of card you qualify for and you also have to pay a one-time processing fee of anywhere from $0 to $59. The APR is moderate to high based on credit worthiness.
Recent Articles:
- 5 best cards for newly minted alumni
Choose a credit card issuer that you think you'll want to do business with for years. Most lenders offer versions of their most popular credit cards with relaxed underwriting guidelines (and smaller credit limits) just for students and recent graduates. Your student credit card won't expire once you hang your diploma, either. Keep your card for [...] - The making of BarclayCard Ring
- Best credit cards with no foreign transaction fee
- 7 mistakes your credit card company wants you to make
- 8 tips for better credit and better health
- Does your credit pass the stress test?
- The prepaid debit card comes of age
- Rewards credit card showdown: US vs. UK
Recent Blog Posts:
- Dumb luck and a pack of smokes lands credit card thief in jail
It's time to take another look at the odd and unusual credit card crimes making the news. This first one in particular is… - If your credit card could talk, what would it say?
- Top 12 "Ask the Expert" credit card questions
