|By Marketwired .||
|March 6, 2014 12:43 PM EST||
SEATTLE, WA -- (Marketwired) -- 03/06/14 -- Today, Creditnet.com, a leading website on credit cards, announced the best credit cards for consumers with no credit. It can be hard for consumers with no credit, or even limited credit, to get approved for credit cards. Luckily, there are some credit card issuers that are willing to extend credit to these consumers in the hopes that they will become financially responsible. These credit cards are easy to get approved for and help consumers build, rebuild, or reestablish credit history quickly.
In creating their ranking of the best no credit credit cards, Creditnet experts analyzed approval rates, rewards programs, introductory offers, customer reviews, and expert opinions. According to their findings, here are the best no credit credit cards available to consumers today:
The Credit One Bank Gas Rewards Credit Card is one of the only unsecured credit cards with a rewards program for people with no or bad credit. Applicants can get pre-qualified for this card in less than a minute without affecting their credit score. This card offers 1% cash back on all gas purchases, and there are no limits to the gas rewards users can earn. There are no enrollment fees or over limit fees, and the annual fee is only $75 the first year. In addition, this card has automatic reviews to increase a user's credit line and can easily help improve credit by reporting to all the major credit bureaus each month.
The First Progress Platinum Prestige Secured MasterCard is a secured credit card designed to build credit. There is no credit history or minimum credit score required for approval, and consumers can fill out a quick and complete online application. Users can also receive their card fast with expedited processing and a low annual fee of $44. Members can set their own credit limit anywhere from $300- $2000 with a security deposit. The APR for purchases is a variable rate of 11.99%. Cardholders can easily rebuild credit with the card's monthly reporting to all 3 major credit bureaus.
Like the First Progress Platinum Prestige Secured MasterCard, the First Progress Platinum Select MasterCard Secured Credit Card is a secured credit card with no credit history or minimum credit score required for approval. Credit lines are secured with a fully-refundable deposit of $300- $2000. There is an easy online application, and payment history is reported to all major credit bureaus each month to help establish credit history. The First Progress Platinum Select MasterCard Secured Credit Card has a low annual fee of $39 and a variable APR of 14.99%.
The First Progress Platinum Elite MasterCard Secured Credit Card is the last of First Progress' secured credit cards designed to rebuild credit. With this card, there is also no credit history or minimum credit score required for approval and applicants can quickly register online. Progress is reported to all 3 major credit bureaus each month, so cardholders can build credit fast. There is a low annual fee of $29 and a variable APR of 19.99%.
From unsecured to secured, these are the best credit cards for consumers with no or limited credit to build credit fast. For more information regarding no credit credit cards, access Creditnet here: http://www.creditnet.com/credit-cards/no-credit-credit-cards
Creditnet is an authority credit card comparison site that offers innovative comparison tools to help users find the best credit card for their needs. In addition, the Creditnet Credit Talk Forum is a community of over 100,000 members that discuss credit cards, credit, debt, and credit repair daily.