Seattle, WA (PRWEB) March 17, 2014
Today, CreditCardChaser.com, a leading expert on credit cards, announced the best credit cards for consumers with no or limited credit. These secured cards are easy to get approved for and can help users build or reestablish credit history. While requiring a deposit to insure that the credit line is secure, these cards are used as normal credit cards. In addition, some of these cards have great features like automatic reporting, rewards, and introductory offers. They can help consumers with no or limited credit build credit fast and get approved for other unsecured credit cards.
To create their ranking of the top no credit credit cards, Credit Card Chaser experts looked at many factors, including approval rates, rewards, interest rates, annual fees, customer reviews, and expert opinions. According to their findings, here are the best credit cards for consumers with no or limited credit:
With the First Progress Platinum Prestige Secured MasterCard, there is no credit history or minimum credit score required for approval. Cardholders secure their credit with a fully refundable deposit of $300- $2000, and their activity is reported to all 3 major credit bureaus each month. Users have 24/7 online access to their account, and they can use their card anywhere credit cards are accepted. There is an annual fee of $44 and a variable APR of 11.99%.
Like the First Progress Platinum Prestige Secured MasterCard, the First Progress Platinum Select MasterCard Secured Credit Card is an excellent way for consumers to build credit fast. There is no credit history or minimum credit score required for approval and monthly reporting to the 3 major credit bureaus. Cardholders can pay off their balance and receive their deposit of $300 - $2000 back at any time. This card has an annual fee of $39 and a variable APR of 14.99%.
The First Progress Platinum Elite MasterCard Secured Credit Card rounds off Credit Card Chaser’s list of the top credit cards for consumers with no credit. With a low annual fee of $29 and a 19.99% variable APR, cardholders can use this card anywhere to build credit. Users can receive this card quickly with expedited processing, and their payments will be reported to the credit bureaus each month. This card also requires a deposit of $300 - $2000 to secure the credit line.
These are the best credit cards for consumers with no or limited credit. By using these cards, consumers can get approved easily and build credit quickly. For more information regarding no credit credit cards, access Credit Card Chaser’s innovative comparison tool: http://www.creditcardchaser.com/.
About Credit Card Chaser:
Credit Card Chaser is an authority credit card site that offers innovative comparison tools, reviews, calculators, and reports to help consumers find the best credit card for them.