Best Credit Card

Posts Tagged ‘Apply for Visa Credit Card with Bad Credit’

Apply for Visa Credit Card with Bad Credit

Posted on May 19th, 2011 | admin

When you apply for a Visa credit card with bad credit you need to know you typically won’t qualify for credit cards with rewards because if you have limited or no credit history financial institutions see you as a greater risk of being delinquent on your account so in order to take advantage of credit card offers designed for people with excellent credit you need to re-establish your credit history.

The only real way to rebuild your credit history is to apply for a secured visa card, a secured credit card might sound like a bad deal to you because you are required to place a security deposit on the credit card equal to the amount of your credit limit.

What I suggest you when you want to apply for a Visa credit card with bad credit is sign-up for a secured card and place a couple hundred dollar security deposit then use your card regularly for small purchase then pay off the balance owing at least every 2 weeks ensuring you’re never late on a payment.

This will rebuild your credit history within a few months and then you can come back to Crediteria.com to get the latest and greatest offers for people with good to excellent credit and take advantage of card offers with rewards perks and low interest rates. You’ll be surprised and how fast you can re-establish your credit history when you use a secured card as a tool that reports to the 3 major credit bureaus.

Recommended Visa Credit Card to Apply for with Bad Credit

Apply for Visa Credit Card with Bad Credit

Remember that you’ll be required to place a security deposit with this card however that’s a necessary step to rebuilding your credit history and you will get your security deposit back in the future.

The security deposit is required as collateral in the event you fail to make your payments on time and it’s also important to note that the security deposit is NOT used to make your minimum payment, again it is only used if your account because seriously delinquent.

Public Savings Open Sky Secured Visa Credit Card

  • Build credit history – we report to all 3 major credit bureaus
  • No credit check for approval
  • Prime plus 6.5% variable APR – Not an introductory rate
  • No checking account required
  • As you can see you’ll get an incredibly low ongoing interest rate and once again know that you are going to have to cough up the security deposit but it’s a necessary step to getting your credit back on track.

    Public Savings Open Sky Secured Visa Credit Card – Click Here to Apply Now!

    Don’t delay, start your road to good credit right now and get this card however if you’re not sure what to do please go ahead and submit your questions or concerns below on this credit card blog so we can help you when you want to apply for a Visa credit card with bad credit.

    This entry was posted in Visa Cards and tagged , Bookmark the permalink.