Credit cards designed for those with no credit aren’t necessarily the same as credit cards designed to build credit. While we’re confident all the cards on our list can help you build credit, many credit card products offer higher risk without the same reward.
Predatory lenders offer extremely high APRs and fee structures that may cost you in the long run. Avoid cards with high APRs, numerous fees or confusing terms. A Schumer box should be available with every credit card offer and can help you determine these fees. This standardized chart must, by order of the Truth in Lending Act, list the APRs and fees the card charges and is there to help you compare cards and avoid hidden fees.
Best Credit Card To Build Credit With No Credit
The best credit cards to build credit for those with no existing credit can be found across our site on several important lists, including:
Cards such as the U.S. Bank Cash+® Secured Visa® Card*, Capital One Quicksilver Secured Cash Rewards Credit Card or Discover it® Student Cash Back can help consumers build credit, when used responsibly.
Find The Best Credit Cards For 2024
No single credit card is the best option for every family, every purchase or every budget. We’ve picked the best credit cards in a way designed to be the most helpful to the widest variety of readers.
The Secured Chime Credit Builder Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your card for its issuing bank.
¹Out-of-network ATM withdrawal and OTC advance fees may apply. View The Bancorp agreement or Stride agreement for details; see back of card for issuer.
²Money added to Credit Builder will be held in a secured account as collateral for your Credit Builder Visa card, which means you can spend up to this amount on your card. This is money you can use to pay off your charges at the end of every month.
³On-time payment history may have a positive impact on your credit score. Late payment may negatively impact your credit score. Chime will report your activities to Transunion®, Experian®, and Equifax®. Impact on your credit may vary, as Credit scores are independently determined by credit bureaus based on a number of factors including the financial decisions you make with other financial services organizations.
⁴To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Chime® Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.