Last updated on May 18th, 2022
Credit card for excellent credit (like the Platinum Card from Amex, the Chase Sapphire Reserve) and bad credit score cards (like secured cards) tend to get the most traffic – and headlines – on sites like BestCards. But what about credit cards for people with fair credit? There are a huge assortment of credit cards for average credit, so we’ve broken them down – here are our picks for the best credit cards for fair or average credit of 2022
The Best Credit Cards for Average Credit
Bouncing back from a bankruptcy, default, or other negative credit event can be challenging. Secured credit cards offer the easiest lifeline when it comes to credit, but the deposit requirement means their spending potential is limited for most consumers.
Reaching a “fair” credit score (a FICO Score between 580 and 669) offers the opportunity for better credit options, inducing unsecured credit cards. Unsecured credit cards for fair credit provide access to revolving credit without the need for a deposit.
Fair Credit Cards that Offer Credit Limit Increases
Some of the premier cards for average credit scores provide the chance to receive a credit limit increase with a set amount of on-time payments.
One example of a card that provides an automatic credit line increase is the Merrick Bank Double Your Line™ Platinum Visa®. During the first seven months from account opening, all cardholders need to use their card and make at least the minimum payment on time every month. After that, cardholders receive a double credit line increase – automatically.
Thanks to the Double Your Line™ feature, new account holders can watch their credit line jump to up to $2,700 in less than a year – significantly helping to lower their credit utilization ratio (with financially responsible card use).
Merrick Bank Double Your Line® Mastercard®
The Mission Lane Visa Credit Card is another option that provides the chance at a credit limit increase. Mission Lane will increase the cardholder’s credit line should they make their first six monthly payments on-time and demonstrate financially responsible behavior. Even better, Mission Lane offers credit limit increases wherever possible – regardless of the time frame.
Mission Lane Visa® Card
Get a higher credit line if you're in good standing after making your first 6 payments on time
Enjoy coverage from Visa®
Surge’s credit card products are popular tools in the credit repair space. The Surge Secured Mastercard®, the secured card of the family, provides the chance at building credit plus 1% cash back rewards on all purchases, for instance. The unsecured Surge Mastercard®, however, replaces rewards with the chance of an unsecured credit limit increase – and that is an even juicer reward for someone with a non-prime credit score.
New Surge Mastercard® cardholders can watch their up to $1,000 initial credit limit double up to $2,000 in as little as six months. Celtic Bank and Surge automatically double the credit limit with on-time payments for each of the first six months of after opening a card account.
See if you’re Pre-Qualified with no impact to your credit score
Monthly reporting to the three major credit bureaus
Zero Fraud Liability
The FIT Mastercard is another credit card for fair credit that provides a credit line increase to qualified cardholders, automatically. New FIT cardholders can double their $400 starting credit line to $800 by simply making their first six monthly payments on-time – that’s it!
All credit types welcome to apply!
$400 credit limit doubles to $800! (see terms)
An opportunity to build and access credit
Fair Credit Cards that Earn Rewards
Some subprime – or near-prime – credit cards provide rewards. While some secured cards provide rewards points, these are usually restricted to larger banks and provide limited value due to the small credit limits those cards provide. Most rewards for average credit take the form of cash back, therefor.
The Surge Secured Mastercard® is one such example of a secured card that provides cash back rewards. The card earns an unlimited 1% cash back on all purchases, with rewards automatically applied to the card’s statement balance as a credit. This process not only makes the Surge Secured rewarding, but it also provides an exceptional way to build credit – and reduce costs.
Surge Secured Mastercard®
The Revvi Card is another great option for cash back rewards, but this time without the need for a security deposit. Cardholders earn 1% back on purchases^^ when paying the card’s minimum balance due every month. Cash back rewards apply towards statement credits to help pay down Revvi Card balances.
Earning 1% cash back while building credit is an excellent feature, making Revvi a solid option for anyone seeking to boost their score and get rewarded at the same time. Revvi also offers the chance at a credit limit increase, with credit reviews on accounts as early as 12 months after opening.
Simple and fast application process
Monthly reporting to all 3 major credit bureaus
$300 credit limit (subject to available credit)
Other Cards to Consider
Looking for a few more credit card options for people with average or fair credit scores? Here are a few more of the top picks from the BestCardsteam: