It is important for everyone to get a credit card, and just because you have no credit history doesn’t mean you cannot get a credit card. In fact, getting your first credit card can be an important part of building a credit history. How to apply for a credit card with no credit history is absolutely possible but your options are limited.
Your credit card history is an important factor issuer consider when you apply for a credit card. This means that your credit history determines if you will get a credit card or not.
How to Apply for a Credit Card with no Credit History
This day’s people do not see the importance of having good credit but the truth is if you have good credit you have more opportunities. However, having good credit is also necessary when you need to apply for a loan. It is possible to get a credit card without a credit score but you are limited in the types of credit cards you can get approved for.
Now, once you get approved for a credit card, make sure you use it responsibly so that you can qualify for better credit cards and loans in the nearest future. Ensure that you maintain a low balance and try to pay it in the full month to build a good credit history.
Can I get a Credit Card if I Have no Credit?
A lot of people ask questions like this and it is understandable. You must know that getting your first credit card may be one of the most important steps toward building a strong credit history. So, it is possible to get a credit card even if you don’t have an established credit history.
More Useful Tips if you Have no Credit History
These tips are very important if you want to know How to apply for a Credit Card With no Credit History. Let us take a look at them below.
- Watch out for any credit card that guarantees approval without checking out your credit score first.
- Avoid submitting a lot of credit card applications if you are turned down more than once. Even if you applied for a student credit card do not keep applying.
And finally do not give up if you don’t have any previous credit history, if you feel you are giving up just talk to lenders and ask if they have other ways to qualify you for a credit card.
Best Credit Cards for no Credit History
You can know How to apply for a Credit Card With no Credit History if you know some of the best credit card providers. They are called the best credit cards because they cards are designed for individuals with no credit history. It is also meant for those looking for a way to build up their credit score.
- Discover it Student Cash Back Credit card is the best choice for students as it offers a great rewards structure for individuals with no credit history.
- Capital One Platinum Secured Credit Card: This is a card designed for individuals with no credit history looking for a way to build up their credit score. However, the card offers no rewards and cardholders can access an initial $200 credit line by paying a deposit as low as $49.
- Discover it Secured Credit Card: With this credit card, cardholders will earn 2 percent cash back at restaurants and gas stations. But rewards are rare with Discover it Secured Credit Card.
When deciding which of these cards to go for just keep that a high credit score will make your life easier especially when you want to apply for a loan or a better credit card.
Also Read: How To Get A Truck Driver Job in the USA
How to Apply for a Credit Card with Zero Credit History
Most people have issues when it comes to How to apply for a Credit Card With no Credit History. If you are among these people I need you to just relax and continue reading this article. Applying for a credit card totally depends on the card issuer. You can apply for a credit card online or you apply in person.
But applying online might be the quickest and easiest option. Aside from that, you can even apply over the phone or by mail depending on the issuer wants it. When you apply for a credit card, issuers will ask for information that could include your full name, Social Security Number, Address, income, and Birthday.