A credit card that does not have an annual fee and has rewards is the best. This card is the Discover it(r), Secured Credit Card. This card is free to access your FICO score and has no annual fees, foreign transaction fees or late fees.
OpenSky Secured Visa Credit Card
OpenSky Secured Visa (r) is a great option if you are rehabilitating your credit after filing for bankruptcy. The card lets you choose a credit limit, based on your refundable deposits. You can also make regular payments. This card also comes with a lower annual fee and an APR than other secured credit options. OpenSky from Capital Bank is a secured bank credit card. However, it comes with the Visa card benefits.
Another great feature of the OpenSky Secured Visa is that it does not run a credit check. Your credit limit will be based on the amount you deposit in the card's account, and you can increase it whenever you want. A $35 annual fee will be charged for this card. The only drawback to this card? It won't allow you to open an unprotected account.
Discover it Secured Credit Cards
The Discover it Secured Credit card is the best option for anyone trying to get back on track after a Chapter 13 bankruptcy. You won't have to pay an annual fee and can earn rewards every time you use your card. Plus, this secured credit card offers no late fees or foreign transaction fees. This card will allow you to access your FICO score free of charge, which will help with credit improvement.
While secured credit cards typically have a higher rate of interest, they can be useful tools to help you learn good credit card habits. A Discover It Secured credit card can help you get back on your feet after Chapter 13. This card will allow you to earn double cashback on all your first year purchases.
Capital One Platinum Secured Kreditkarte
A Capital One Platinum Secured credit card after chapter thirteen is a good choice if you have just filed chapter 13 or have poor credit. The credit card is free of annual fees and can grow with your needs. You will have to put down a security deposit of at least $49, but you can pay it in installments within 35 days. After approval, the card can be used to rebuild your credit. The company will allow you to increase your credit limit up to $1,000 once your security deposit is paid.
This card is great for people who are trying to improve their credit score. The initial deposit is $49, $99 or $200. However, you can pay the balance in twenty-five days with $20 installments. While the card does not offer any rewards or a high limit on credit, it does offer some benefits like no foreign transaction fees. Mastercard ID protection protection is also included.