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Explore the Best Credit Cards for No Credit

Finding the best credit cards for no credit may seem like a hopeless task, but BestCards.com has you covered. There are plenty of credit cards for no credit that help people build up their credit scores. Read through reviews of credit cards for people with no credit and find the perfect card to suit your needs. Learn more about credit scores.

What are the best secured credit cards of 2020?

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Showing 94 Cards

Date Reviewed: August 27, 2019

Space Coast Savings-Secured Visa® Credit Card

Space Coast Savings-Secured Visa® Credit Card
  • Regular Purchase APR 14.24% variable based on the Prime Rate
  • Balance Transfer APR 14.24% variable based on the Prime Rate
  • Cash Advance APR 14.24% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Poor , No Credit Required
  • Processing Network Visa
Best Benefits
  • No annual fee
  • Special Introductory Rate For The First 6 Months
  • Build credit with responsible use
  • Visa Zero Liability Protection
Rates & Fees
  • Regular Purchase APR: 14.24% variable based on the Prime Rate
  • Balance Transfer APR: 14.24% variable based on the Prime Rate
  • Cash Advance APR: 14.24% variable based on the Prime Rate
  • Foreign Transaction Fee: Up to 1% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $27
  • Return Payment Penalty Fee: Up to $27
  • Minimum Deposit Required: $300
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: August 26, 2019

Pacific Service Secured Visa Platinum Rewards

Pacific Service Secured Visa Platinum Rewards
  • Regular Purchase APR 7.25% to 12.25% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 7.25% to 12.25% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 7.25% to 12.25% variable based on creditworthiness and the Prime Rate
  • Annual Fee None
  • Credit Needed Poor , No Credit Required
  • Processing Network Visa
Best Benefits
  • No annual fee
  • No balance transfer fee
  • No cash advance fee
  • No foreign transaction fees
Rates & Fees
  • Regular Purchase APR: 7.25% to 12.25% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR: 7.25% to 12.25% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR: 7.25% to 12.25% variable based on creditworthiness and the Prime Rate
  • Late Payment Penalty Fee: Up to $10
  • Return Payment Penalty Fee: Up to $25
  • Minimum Deposit Required: $500
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: August 16, 2019

Y-12 Visa Secured Credit Card

Y-12 Visa Secured Credit Card
  • Regular Purchase APR 7.99% variable based on the Prime Rate
  • Balance Transfer APR 7.99% variable based on the Prime Rate
  • Cash Advance APR 7.99% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Poor , No Credit Required
  • Processing Network Visa
Best Benefits
  • No annual fee
  • No foreign transaction fees
  • Visa Credit Card benefits and protections
Rates & Fees
  • Regular Purchase APR: 7.99% variable based on the Prime Rate
  • Balance Transfer APR: 7.99% variable based on the Prime Rate
  • Cash Advance APR: 7.99% variable based on the Prime Rate
  • Late Payment Penalty Fee: Up to $25
  • Return Payment Penalty Fee: Up to $32
  • Minimum Deposit Required: $500
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: August 15, 2019

Navy Federal nRewards Secured Credit Card

Navy Federal nRewards Secured Credit Card
  • Regular Purchase APR 18% variable based on the Prime Rate
  • Balance Transfer APR 18% variable based on the Prime Rate
  • Cash Advance APR 20% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Poor , No Credit Required
  • Processing Network Mastercard
Best Benefits
  • No annual fee
  • No foreign transaction fees
  • 1x points for every dollar spent
Rates & Fees
  • Regular Purchase APR: 18% variable based on the Prime Rate
  • Balance Transfer APR: 18% variable based on the Prime Rate
  • Cash Advance APR: 20% variable based on the Prime Rate
  • Penalty APR: 18%
  • Late Payment Penalty Fee: Up to $20
  • Return Payment Penalty Fee: Up to $20
  • Minimum Deposit Required: $200

Date Reviewed: August 06, 2019

Ocean Bank Platinum Card

Ocean Bank Platinum Card
  • Regular Purchase APR 11.74% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 11.74% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 21.74% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Poor , No Credit Required
  • Intro Purchase APR 0% for 12 months from account opening date
  • Processing Network Mastercard
Best Benefits
  • No annual fee
  • $0 liability for unauthorized purchases
  • 0% introductory APR on purchases and balance transfers for 12 months
  • Mastercard® Airport Concierge - 15% savings on airport meet and greet services
Rates & Fees
  • Intro Purchase APR: 0% for 12 months from account opening date
  • Regular Purchase APR: 11.74% variable based on creditworthiness and the Prime Rate
  • Intro Balance Transfer APR: 0% for 12 months on transfers made within 12 months from account opening date
  • Balance Transfer APR: 11.74% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 2% of the amount of each transfer, whichever is greater
  • Cash Advance APR: 21.74% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 4% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $37
  • Return Payment Penalty Fee: Up to $37

Date Reviewed: August 05, 2019

Kroger Rewards Prepaid Visa®

Kroger Rewards Prepaid Visa®
  • Annual Fee $59.40
  • Credit Needed No Credit Required
  • Processing Network Visa
Best Benefits
  • Earn 3x points on Kroger's brand purchases
  • Earn 2x points when shopping at Kroger's
  • Earn 1x points for all other purchases
  • Earn $5 for every 1000 points earned to use toward free groceries!
Rates & Fees
  • Annual Fee: $59.40
  • Foreign Transaction Fee: 3% of transaction amount
  • Minimum Deposit Required: $10
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: August 05, 2019

Kroger Rewards Prepaid Mastercard®

Kroger Rewards Prepaid Mastercard®
  • Annual Fee $59.40
  • Credit Needed No Credit Required
  • Processing Network Mastercard
Best Benefits
  • Earn 3x points on Kroger's brand purchases
  • Earn 2x points when shopping at Kroger's
  • Earn 1x points for all other purchases
  • Earn $5 for every 1000 points earned to use toward free groceries!
Rates & Fees
  • Annual Fee: $59.40
  • Foreign Transaction Fee: 3% of transaction amount
  • Minimum Deposit Required: $10

Date Reviewed: August 02, 2019

University Credit Union Secured Mastercard

University Credit Union Secured Mastercard
  • Regular Purchase APR 9%
  • Balance Transfer APR 9%
  • Cash Advance APR 9%
  • Annual Fee None
  • Credit Needed Poor , No Credit Required
  • Processing Network Mastercard
Best Benefits
  • No annual fee
  • Build credit without any hidden fees
  • Low fixed APR
Rates & Fees
  • Regular Purchase APR: 9%
  • Balance Transfer APR: 9%
  • Cash Advance APR: 9%
  • Foreign Transaction Fee: 1% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up to $20
  • Return Payment Penalty Fee: Up to $25
  • Minimum Deposit Required: $500

Date Reviewed: August 01, 2019

State Farm® Student Visa®

State Farm® Student Visa®
  • Regular Purchase APR 16.74% to 24.74% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR 16.74% to 24.74% variable based on creditworthiness and the Prime Rate
  • Cash Advance APR 25.99% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Fair , Poor , No Credit Required
  • Processing Network Visa
Best Benefits
  • No annual fee
  • Earn 3 points for every $1 spent on insurance premium payments
  • Earn 1 point for every $2 spent on eligible purchases
  • Earn rewards while building credit
Rates & Fees
  • Regular Purchase APR: 16.74% to 24.74% variable based on creditworthiness and the Prime Rate
  • Balance Transfer APR: 16.74% to 24.74% variable based on creditworthiness and the Prime Rate
  • Balance Transfer Transaction Fee: Either $10 or 3% of the amount of each balance transfer, whichever is greater
  • Cash Advance APR: 25.99% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: 3% of the transaction amount in U.S. dollars
  • Late Payment Penalty Fee: Up $38
  • Return Payment Penalty Fee: Up to $38
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

Date Reviewed: August 01, 2019

Golden 1 Platinum Secured Visa® Card

Golden 1 Platinum Secured Visa® Card
  • Regular Purchase APR 13.79% variable based on the Prime Rate
  • Balance Transfer APR 13.79% variable based on the Prime Rate
  • Cash Advance APR 13.79% variable based on the Prime Rate
  • Annual Fee None
  • Credit Needed Poor , No Credit Required
  • Processing Network Visa
Best Benefits
  • No annual fee
  • Funds used for deposit will earn dividends
  • Credit limit: $250 to $3000
  • Low APR
Rates & Fees
  • Regular Purchase APR: 13.79% variable based on the Prime Rate
  • Balance Transfer APR: 13.79% variable based on the Prime Rate
  • Cash Advance APR: 13.79% variable based on the Prime Rate
  • Cash Advance Transaction Fee: Either $5 or 2.5% of the amount of each cash advance, whichever is greater
  • Foreign Transaction Fee: Up to 1.4% of each transaction in U.S. dollars
  • Late Payment Penalty Fee: Up to $15
  • Return Payment Penalty Fee: Up to $25
  • Minimum Deposit Required: $250
Credit Card Deals
  • Spoil your pup with a FREE upgrade to BarkBox. - Offer Expires on December 31, 2020 - See Details
  • Save 10% on all Afternoon Tea orders - Offer Expires on December 31, 2020 - See Details
  • Save 10% on The Berlin Pass - Offer Expires on December 31, 2020 - See Details
  • Complimentary EZ Mini Crunchies (60g) when you spend S$120 - Offer Expires on December 31, 2020 - See Details
  • 10% off museum entry - Offer Expires on December 31, 2020 - See Details
  • Save up to 55% on London theater tickets - Offer Expires on December 31, 2020 - See Details
  • Save an extra 10% on Tower of London access tickets - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Alamo® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save 5% with Enterprise Rent-A-Car® at participating locations - Offer Expires on December 31, 2020 - See Details
  • Save an extra 5% on The Paris Explorer Pass - Offer Expires on December 31, 2020 - See Details
  • View All Deals -

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Does No Credit History Mean You’ve Never Had Any Credit?

Just because you don’t have a credit history does not mean you’ve never had credit. As confusing as it sounds, you can have experience with credit in the past, yet still have no credit history to FICO or VantageScore.

No credit means you have no recent credit history. Those without a past credit history (within the last seven to ten years, will find themselves lumped into the same “no credit” category as those who are entirely new to credit. So even if you have borrowed money in the past, you may have no score.

FICO, VantageScore and Credit History

Different credit scoring models have a different definition of no credit history.

FICO requires the following to establish a credit history:

  • One tradeline reported within the previous six months. A tradeline is also known as a credit account.
  • A tradeline at least six months old,
  • Proof that the account holder is alive.

VantageScore, on the other hand, does not have as strict requirements for establishing a credit history. The VantageScore model only needs one month of credit activity to generate a credit score. This makes the scoring system popular with those who want to judge the recent credit activity of an applicant.

Regardless, if you don’t satisfy the requirements above, you might not have a credit score.

Is No Credit Score the Same as Bad Credit?

So, if you have no credit, what is your score? In the same vein, no credit history does not mean you have a bad credit score. It merely means the scoring models don’t have relevant enough, recent information from an accurate assessment of your risk.

You may have an excellent history of paying off your credit card or loan balances in the past. Maybe you even paid off all your student loans. You may also have a history of non-payments and defaults. Or, you might have no practical experience with credit at all.

According to Experian, one of the largest credit reporting agencies, very few people with a credit past have a score below 470. Around 99% of Americans with a credit score have one above 470, which is good news if there is a correlation between your lack of recent credit history and bad credit.

Why Credit Matters

There are approximately 45 million Americans with no credit history, according to recent statistics. With so many lacking a credit score, you might wonder why your credit score matters?

Credit influences many aspects of our daily financial and personal lives. People with excellent credit scores enjoy greater access to credit, higher credit limits, and lower interest rates. That’s because they have proven their financial responsibility and trustworthiness to lenders.

Those with poor credit, however, will struggle. Bad credit scores can impact every aspect of your life.

A poor or bad credit score can cause the following difficulties in life:

  • Trouble Renting: With bad credit, you can struggle to find an apartment. Because landlords and rental agencies look at an applicant’s credit report, a bad score can indicate you are a potential risk for missing rent payments. This can lead to rejections when applying for accommodation.
  • Loss of Job Opportunities: Employers can also access your credit report. While they won’t see your score, they can see past remarks on your credit report. These can make you a risk for employment, as they might deem you untrustworthy.
  • Poor Credit Choices: People with bad credit struggle to find good credit products at reasonable rates.

Given the difficulties that those with poor credit experience, imagine how much more difficult it is with no credit.

Without a credit history, you will struggle to find many lenders willing to take a chance on you. You likely won’t qualify for a mortgage, a personal loan, or possibly even a car loan. That’s why it is so critical to take steps to build your credit score quickly, so you can enjoy many of the benefits good credit scores offer.

How to Build Credit History

Building a credit score requires time and patience. There are, however, specific steps you can take right away to improve your score in as little as a few months.

Getting Started with Credit Repair

First, you need to establish a credit history. The easiest way to do this is by getting a credit card. Getting a secured card is the most straightforward route and can make the approval process much easier. That’s because secured credit cards require a security deposit.

This deposit required, which usually starts as low as $200 and runs as high as $5,000, also acts as the credit limit.

Once you have a secured card, you can use that card to make small purchases. Then, once you receive your statement, you pay your bill in full. A few months of this practice can provide you a decent score (if new to credit) and increase a damaged score by several points.

Building Credit Takes Times

While short term improvement is possible, establishing a good credit score can take months – or even years. That’s because both VantageScore and FICO place significant weight on payment history with their respective scoring models.

FICO scoring places significant weight on payment history, as this is the largest sign of a person’s ability to repay any new credit. Nearly as significant is the amount of available credit that individual is currently utilization, or how much of the available credit line they use. VantageScore, on the other hand, emphasizes a variety of credit, though it also prioritizes payment history.

This means that it will take time to build a history of on-time payments. With patience, however, it is a very achievable goal.

Failing to keep up with payments, however, can cause serious harm to your score. With a young credit history, one missed payment can destroy your credit score. Even worse, late or missed payments stay on a credit report for seven years, meaning the harm carries on for some time.

The Best Credit Cards for No Credit History

Just because you have no credit history doesn’t mean you can’t build one. No credit score simply means you have a blank canvas on which to begin (or return) to your credit journey. If you find yourself wondering “I have no credit score, how do I get a credit card?” don’t worry – there are still options available.

The credit card options for no credit are limited, but that doesn’t mean there aren’t great offers available. Here are some of our top credit cards for no credit score picks for 2020:

Find the Best Card for Establishing Credit Today

The team at BestCards.com knows how hard it can be to find the perfect credit card for rebuilding credit, especially without the right tools and knowledge. That’s why we strive to provide insightful credit card reviews, as well as informative articles and advice to guide you. Take advantage of these resources and more to find a trusty credit-building card today!