You can get a card that fits your needs if you have good credit. There are many options available, from Unsecured business credit cards to the Upgrade Cash Rewards Visa(r) card. Which one is right? Learn more. In this article we will cover the essentials of a credit-card. We'll also cover what you should expect from each card. You can improve your credit score by getting the best credit cards for people with fair credit.
Unsecured business credit card
While securing an unsecured business credit card can be difficult, getting approved for one can be a lot easier. Credit bureaus report payment activity for this type of card to them. Some report only to business credit bureaus, while others report directly to personal credit bureaus. To help prevent this situation, keep a close eye on your credit score every quarter or so. Once your credit score is higher, you are eligible to apply for an unsecured business credit card.
Many unsecured business cards offer higher spending limits and rewards programs. These cards are easy to get if your credit is good, but can be easily abused, especially when they have higher spending limits. Cardholders may overspend because of the higher interest rates. You might be more inclined to spend than you earn if you have a secured business card. If you are responsible with your spending, you will be in business for many years.
Capital One Platinum Credit Card
If your credit score is not as good as it should be, the Capital One Platinum Credit Card may be the right choice for you. This card allows you to build credit history and has no annual fee or security deposit. There is no annual charge, so it's easy to manage finances and build your credit history. After six months, your credit score could increase. If you have a good credit history and are looking to improve your credit rating, this credit card could be the right choice.
This basic unsecured credit cards has no annual fees and offers a higher credit limit after six months. It is a great alternative to secured credit cards. However, it does not offer a rewards program or a high interest rate. Capital One Platinum Credit Card is for people with fair credit. It's designed to allow those with less than perfect credit to start building a credit history. To be approved, you will need a FICO credit score greater than 580. If your credit score falls between 580-620, however, you may be approved.
Petal 2 card
The Petal 2 credit card offers a 1% cash back rate on all purchases. The rate increases to 1.25% after six and twelve consecutive on-time monthly payments, and can go up to ten percent for purchases made at select merchants. Petal2 card is unsecure. You don't have to deposit any money in order to open an account. There are some drawbacks to the card, including a high annual percentage rate.
Petal is designed for people with low credit scores. If you have missed payments in the past, it will affect your preapproval decision. You can still apply for a Petal 2 Card. Bad credit people have many options. You don't need to choose the Petal 2 credit line if you have bad credit.
Upgrade Cash Rewards Visa(r)
The Upgrade Cash Reward Visa is a credit line that rewards consumers who pay their debts on time. It offers 1.5% cashback to customers with excellent credit. It does not require a security deposit or annual fee. Also, it reports on-time payments to all three major credit agencies. For consumers with average to poor credit, it may be too high of an interest rate. Others options for applicants with good credit are available. They offer lower APRs as well as intro rates of 0%.
The Upgrade Triple Cash Reward Visa comes with a $500 credit limit. This credit card has a guaranteed credit limit of $500. However, your income and credit score can affect the amount. You can use your credit limit to purchase large items and then pay it off in installments. Cash advances are not allowed on this credit card. You must have a steady income to qualify for this type of credit card.