The right credit card for most people with bad credit is going to be a secured card. Secured credit cards charge the lowest fees and offer the best approval odds. But if you need a small emergency loan, you’ll have to compare unsecured cards for people with bad credit, which tend to be pretty expensive. If you’re not sure which card to get, you can’t go wrong with one of our editors’ best credit cards for bad credit, which were selected from 1,000+ offers.
- Capital One® Secured Mastercard®
- Credit One Bank® Platinum Visa® for Rebuilding Credit
- Discover it® Secured
- Wells Fargo Secured Credit Card
- Indigo® Mastercard® for Less than Perfect Credit
- OpenSky® Secured Visa® Credit Card
Below, you can learn more about these and other credit cards for bad credit. You can also check your latest credit score for free on WalletHub and then track your improvement over time with free daily updates.
Best Credit Cards for Bad Credit
Discover it® Secured
The best credit card for bad credit is the Discover it® Secured card. This secured credit card has a $0 annual fee and gives up to 2% cash back on purchases. Cardholders earn 2% cash back on up to $1,000 spent at gas stations and restaurants each quarter, plus 1% back on all other purchases. Discover also doubles all the rewards earned the first year. The Discover it Secured card does require a $200+ security deposit. But all of the very best bad-credit credit cards require a deposit, and very few credit cards for people with poor credit scores offer both rewards and no annual fee.
Credit One Bank® Platinum Visa® for Rebuilding Credit
For people who need to borrow money while repairing their credit, the best credit card for bad credit with no deposit is the Credit One Bank® Platinum Visa® for Rebuilding Credit. It charges an annual fee of $0 – $99, depending on an applicant’s creditworthiness, in return for a $300 starting credit limit. It’s actually the cheapest unsecured credit card for bad credit available right now.
OpenSky® Secured Visa® Credit Card
Credit card shoppers who want a credit card for bad credit with no credit check should get the OpenSky® Secured Visa® Credit Card. With no credit check, even applicants with a very bad track record borrowing should have high approval odds. The OpenSky® Secured Visa® Credit Card has a $35 annual fee and requires a refundable security deposit of at least $200.
Capital One® Secured Mastercard®
People with poor credit who want low fees and a low deposit requirement should strongly consider the Capital One® Secured Mastercard®. In return for a $200 starting credit limit, approved applicants will be required to place a refundable deposit of $49, $99 or $200, depending on creditworthiness. The Capital One Secured Card has no annual fee.
Green Dot Visa® Secured Credit Card
Anyone with bad credit and no bank account should consider the Green Dot Visa® Secured Credit Card. Approved applicants can fund their $200+ deposit by mailing a check or money order or by using cash at a participating retailer. The Green Dot Visa® Secured Card has a $39 annual fee.
Citi® Secured Mastercard®
If you want a no annual fee secured credit card to rebuild your credit with, one of the best options is Citi® Secured Mastercard®. It does not charge any annual fees, monthly fees or application processing fees. Your refundable security deposit can also be as low as $200.
Indigo® Mastercard® for Less than Perfect Credit
People whose poor credit really isn’t so bad should consider the Indigo® Mastercard® for Less than Perfect Credit. The card’s annual fee is $0 – $99, depending on creditworthiness. That means the better your credit is, the lower the fee is likely to be. Plus, the Indigo Mastercard is unsecured, so you don’t have to place a deposit.
In general, the best credit cards for bad credit are secured cards with no annual fee. That’s true for everyone with poor credit, except people who need a modest emergency loan. Even the best unsecured credit cards still charge an arm and a leg for a very small amount of borrowing power.
To help you find the right card for your needs, editors compared hundreds of offers – both secured and unsecured – and selected the best credit cards for people with bad credit in the most popular categories.Below, you can see how the top cards compare as well as what each is best for.