Skip to content

What is the best credit card for someone just starting out

This card also features 8% cash return on Capital One Entertainment purchases, and 10% cash back on purchases on Uber and Uber Eats.
The card_name is an excellent choice for beginners who want to build credit and earn rewards.

  • Make your ICICI charge card payment via CRED to earn rewards and cashback.
  • [newline]This unique feature marks Discover as the only major card company we found to supply a sign-on or intro offer for a secured card.
  • Your security deposit will typically determine your borrowing limit, and there’s often a $200 minimum deposit.
  • Following the promotion expires, the interest rate reverts to a variable APR ranging from 17.99% to 28.74%, based on your creditworthiness.
  • It’s harmful to your credit history if your charge card balance gets too much.

Additionally, you can start with the no-annual-fee Capital One VentureOne CHARGE CARD.
Once you’ve established a relationship with Capital One, racked up some miles, and so are ready for more adventures, you may be able to upgrade to the premium Capital One Venture X Rewards Credit Card.
This card is the only one on our list that also offers up to $100 credit towards TSA PreCheck or Global Entry membership.

Best For Travel Rewards

All you have to do is submit a refundable security deposit of $49, $99 or $200 in order to get an initial credit line of $200.
But otherwise, this can be a very simple card, with no rewards, but also annual_fees annual fee and no foreign transaction fees.
To get approved for credit cards, start by checking your credit score with one of many top credit monitoring sites.

While there are lots of advantages to getting and using secured bank cards, there are a few disadvantages.
You’ll have to make a short deposit that becomes your borrowing limit to receive an actual credit card, but you’ll get a secured card account in your name to build credit.
A secured credit card is really a type of charge card that requires one to deposit an upfront cash deposit, usually equaling the volume of your credit limit.
Assuming you have developed good money habits and think it is possible to handle a credit line, you may want to start with a low-limit unsecured credit card.

Best Starter Credit Cards Of May 2023

Or, in order to keep carefully the card, you’ll have the chance to increase your limit after half a year.
Cardholders get unlimited 3% cash back on dining, entertainment, popular streaming services, and at grocery stores, plus 1% on all the purchases.
Plus, get a whopping 8% cash back on Capital One Entertainment purchases.

But, there are a few unsecured beginner bank cards that offer low-tier rewards.
That way you can begin building credit fairly quickly, all while pocketing some extra cash.

Best Starter Bank Cards For No Credit From Our Partners

Below are a few of well known cards to recommend to credit card beginners.
With enough time, making on-time payments and maintaining a standard good payment history will show you can use the card responsibly.
These good credit and personal finance habits should be reported to major credit reporting agencies, reflecting on your credit report.
As previously mentioned, an important part of one’s credit history is a history of on-time payments.
If you are timely in your education loan payments, this will assist in improving your credit.
As the amount of cash left on your own loans gets lower, your score improves.