The content is accurate at the time of publication and is subject to change.

Consider secured credit cards. These cards offer low credit limits (from $200 and up), and they send reports to major credit bureaus to help you rebuild your credit. However, it will be hard to find a card which has both low interest rates and no annual fee. Perhaps you should focus on getting a card that offers one or the other. The interest rates are competitive among secured cards, but if you pay your balance in full every month, you will not have to pay any interest.

The thing you should pay your closest attention to is the annual fee. You won’t find a credit card with no annual fee if you have bad credit. Also, remember that these are secured credit cards, which means that you will have to pay a security deposit equal to your credit line.

tags : Bad Credit Credit Score Interest Rates No Annual Fee Secured Cards

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer(s). Opinions expressed here are the author's alone, not those of the credit card issuer(s), and have not been reviewed, approved or otherwise endorsed by the credit card issuer(s). Reasonable efforts are made to present accurate information, however all information is presented without warranty. Consult a card's issuing bank for the terms & conditions.
All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.