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Whether you are new to credit and have no credit history at all or it has been less than three years since you opened your first credit card or loan, getting one of the credit cards listed on this page is one of the best ways to build up your credit and ensure that you will be able to qualify for some of the best credit card and loan terms down the road. While many people assume otherwise, credit cards for no credit and credit cards for limited credit history are actually the same products. The differentiation between someone with no credit history and someone with a limited history is that the latter will most likely get approved for a higher credit line and a lower APR (if a range is advertised). Nevertheless, you should compare all of the options listed below before you apply for a credit card with no credit history. And remember, you don’t actually need to use your credit card for no credit in order for your credit score to benefit, so if you cannot manage to pay your bills on time every single month and avoid using all of your available credit, just lock your card in a drawer. Your credit score will thank you.
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   Capital One® No Hassle CashSM Rewards Credit Card
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Capital One® Classic Platinum Credit Card
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Annual Fee $39
Rewards None
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Capital One® Cash Rewards for Newcomers
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Orchard Bank® Secured MasterCard
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Platinum Zero® Secured Visa® Credit Card
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Capital One® Platinum Credit Card
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Annual Fee $0 for 1st yr, $19 after
Rewards None
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Capital One® Secured Mastercard®
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Before you apply for a credit card we recommend that you review and verify the credit card terms and conditions on the credit card company's web site. Please let us know if you find any differences related to the No Credit Credit Cards shown on this page.
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How to get a credit card with no credit: If you haven’t yet built any credit, there are a number of credit cards that you’ll be able to get (including those listed on this page), so don't worry, there isn’t a trick to finding one. However, you must be careful to stick to credit cards specifically geared toward people with no or limited credit. If instead you apply for a credit card for fair or good credit, not only will you not get approved, but you may also put yourself at a greater disadvantage thanks to credit score damage coming as a result of repeated hard inquiries into your credit report.
What features should I seek in comparing credit cards for people with no credit history? Your ultimate goal in using a no credit credit card is building credit as efficiently and cost-effectively as possible. The best way to accomplish that is to get into the habit of paying your bill on time and in full every month. If you can do this, you’ll render your card’s interest rate effectively irrelevant and make the annual fee your main consideration in comparing credit cards for people with no credit history. Should you find multiple cards with the same low annual fee, shift your focus to maximizing your rewards.
What are the different types of no credit credit cards? There are essentially three different types of credit cards for people with no credit: college student credit cards, unsecured no credit credit cards, and secured credit cards. College student credit cards usually offer the best terms because banks are eager to establish long-term relationships with people who are getting undergraduate degrees and are on their way to getting above-average-paying jobs. Unsecured credit cards for people with no or limited credit are for everyone else that is new to credit and usually have higher rates and fees. Secured credit cards are available to literally anybody, even people with poor credit, because they require a refundable security deposit that protects issuers against default. All three types of credit cards for no credit will report to the major credit bureaus and thereby help you build up your credit standing.
With the exception of the credit cards for college students, which are obviously geared toward a specific customer segment, no credit history credit cards are not only used by young people, but by recent immigrants, divorcees and widows as well.
Can I use a store card to build my credit? Store cards are in theory a good way to begin building credit, given that they report to the major credit bureaus and people with no credit often manage to get approved for them. However, stores often do not list the minimum credit levels required to open their credit cards and it is therefore difficult to determine which store credit cards cards are attainable. In light of the fact that multiple failed credit card applications are bad for your credit, blindly applying for a store card isn’t a wise play. You should therefore avoid store cards in the early stages of credit building and instead stick to credit cards specifically targeted to people that are new to credit.
How are credit cards for no credit different from other credit cards? Credit cards for people with no credit history differ from other credit cards in two ways. First, the underwriting standards that banks use are specifically geared toward applicants with thin credit files or no credit information to speak of. Second, the terms offered by these cards lie somewhere in the middle of those provided by their bad credit and good credit counterparts. Banks are willing to give the benefit of the doubt to people using credit cards for new credit and therefore offer decent rates and fees, but their generosity only extends so far.
