The Best Bad Credit Credit Cards of 2014, According to Creditnet.com
(PRWEB) October 18, 2013 -- Today, credit card experts from Creditnet.com, a leading credit card comparison site that allows users to compare bad credit credit cards, announced their annual picks for the best bad credit credit cards of the year. Credit cards for bad credit are great ways for people with poor credit to boost their credit scores, as long as the cards are used responsibly. In creating their ranking of the best bad credit credit cards, the credit card analysts from Creditnet took into account several factors including APR, fees, potential rewards, customer reviews, and expert opinions.
Here are the best bad credit credit cards of the year, according to Creditnet:
1) First Progress Platinum Prestige Secured MasterCard – The First Progress Platinum Prestige Secured MasterCard is this year’s choice for the best bad credit credit card. With the First Progress Platinum Prestige Secured MasterCard, cardholders can receive up to a $2,000 credit limit with a deposit, and also get 24/7 online account access. There is no credit history or minimum credit score required for approval, and the credit card reports monthly to the 3 major credit bureaus, so cardholders can improve their credit scores with responsible use. The card has a low ongoing APR of 11.99%, and requires no set-up fee.
2) Credit One Bank Gas Rewards Credit Card – The Credit One Bank Gas Rewards Credit Card is one of the only bad credit credit cards that offer a rewards program. With the Credit One Bank Gas Rewards Credit Card, cardholders earn 1% cash back on all gas purchases, and there are no limits to the cash back they can earn. People interested in the card can get pre-qualified without having their credit score affected. This card does not require a security deposit, and cardholders who make their first 6 payments on time get a credit line increase. The card also offers online credit score tracking so that cardholders can keep track of their credit score and watch it increase with responsible use. The card also offers email or text alerts to remind cardholders when payments are due, and the card reports to the 3 major credit bureaus.
3) First Progress Platinum Select MasterCard Secured Credit Card – The First Progress Platinum Select MasterCard Secured Credit Card is another great credit card for bad credit. With this card, cardholders receive monthly reporting to the 3 major credit bureaus, and online account access to view balance, charges, and credit score information. The card offers up to a $2000 credit limit with a deposit, and it works anywhere MasterCard is accepted. There is no credit history or minimum credit score required for approval, and the application process is quick, and there is no set-up fee required.
People interested in comparing credit cards for bad credit can do so using the unique credit card comparison tool and credit resources here: http://www.creditnet.com/credit-cards/credit-cards-for-bad-credit.
Matt Carstens, Creditnet, http://www.creditnet.com, 858-454-5900 Ext: 10803, [email protected]
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