Название категории

Best credit cards no credit history

best credit cards no credit history

Best credit cards no credit history

Best Credit Cards for People with no Credit History

This article talks about the Best Credit Cards for people with no Credit History. I would mainly focus on students in this article as the students are the most who are facing no credit history issues in Canada.

Being a student means a lot of fun and freedom in your life which will never come back to you once you go out of it. I know some people do but most of them fail to go back to student life once they are out.

Being a student is the best time to get your first Credit Card in your life.

I know it is really hard to get approval as you may not have a credit history because you haven’t had a credit card before. But still, you have chances left.

Most of the Credit Card companies offer Specially Designed Credit Cards for Students to help them establish their Credit and build dreams on it.

As a Student Credit Card, you don’t need to have an established Credit and it is really easy to get approved.

But, you need to be very careful with spending money on it.

Are you not a Student anymore and no Credit Cards yet?

This happens to a lot of people out there. They think, having no Credit Card is a great Credit history. But it is not. Credit Rating shows your Trustworthiness.

If you never had a Credit Card, you will not have a Credit History or Credit Rating, that means you are unknown to the lenders.

That is not good for you. I will tell you why.

Once you are graduated/completed your education, you need a job, car, family, and a house. That is pretty obvious for a human being.

I know some people thinks different ways but most of you love to live with family and to own a house and etc.

As long as you have a lot of money to get everything, no need to worry about having no Credit Cards.

What if you don’t have that much money with you? You need to borrow some from somebody who has it, right?

What are the options? You can ask your parents or friends, etc. But let’s say that no one wants to give you that much money.

You need to approach the Bank of course. But they neither going to give you a loan, because you don’t have an established Credit, they don’t know you or they don’t believe you.

Why should you get your first Credit Card when you are a student?

If you had a Credit Card when you were a student, you could build your Credit gradually and you will never have to face such a situation.

That’s why I’m saying, you need to get your first Credit Card when you are a student.

Let me come back to the point. So, you are not a student now also have no Credit cards yet.

Let me show you the possible ways to get your first Credit card application approved in this situation.

List of the Best Credit Cards for people with no Credit History

You can pick any Credit Card comes under these categories

  1. College/University Alumni Credit Cards.
  2. Secured Credit Card.
  3. Guaranteed Credit Card.

#1 College/University Alumni Credit Cards

These are specially designed Credit Cards for Colleges/University Alumni.

But before you consider applying for this kind of Credit Cards, you will need to make sure whether your College/University have such a Credit Card.

MBNA is providing over 24 Alumni Credit Cards for different Colleges/Universities in Canada.

Here is a list for you, just check and see if your College/University is listed in there.

  • Athabasca University
  • Brandon University
  • Brock University
  • Canadore College
  • University of New Brunswick
  • Carleton University
  • Conestoga College
  • Dalhousie University
  • University of Guelph
  • Lakehead University
  • McGill University
  • University of Ottawa
  • Memorial University of Newfoundland
  • Queen’s University
  • Ryerson University
  • University of Calgary
  • Seneca College
  • University of Alberta
  • Western University
  • University of Windsor
  • University of Victoria
  • York University
  • University of Toronto

If you found your College/University name in this list, go to MBNA’s official website, you will find the application form and more details about the card over there.

Here, you need to deposit a certain amount of money into the account and you can use it. The Lender will not issue their own money. No trouble to them!

The great thing about this Card; These Credit Card Issuers will report your payments to Credit Bureaus, thus you can re-build your Credit.

You will need a bank account to get this Card. Most Lender will demand anywhere from $500 – $1000 as deposit and they will refund it when you close your account.

As the name implies, these Cards are guaranteed to get approval. The lender will give you a Credit limit within the specified range which depends on your current Credit status.

No worries, you get at least the minimum Credit limit they offer.

But in the worst case scenario, they may end up on asking deposits to get your account up and running.

It is always better to start with a Secured/Guaranteed Credit Card as you have no Credit History, the chances to get a rejection is more if you apply for any other Credit Cards.

I can suggest you some of the Best Credit Cards for people with no Credit History before I end up the article so that you can make your decision easily.

#1 Capital One® Guaranteed MasterCard®

Minimum Deposit Required: May Required as low as $75.

Credit Requirements: Bad Credit or No Credit.

#2 Capital One® Guaranteed Secured MasterCard®

Minimum Deposit Required: May Required as low as $75.

Credit Requirements: Bad Credit or No Credit.

#3 Capital One® Low Rate Guaranteed MasterCard®

Minimum Deposit Required: May Required as low as $75.

Credit Requirements: Bad Credit or No Credit.

Interest Rate: 14.9%.

Finally, it’s time to make a decision but Choosing the right Credit Card is your call.

As this article is mainly focusing on students, keep in mind that it is easy to get a Credit Card approved when you are a student. And it is not a crime that if a student applied for a Credit Card. Just Kidding!


Credit Cards For Students With No Credit History

Best credit cards no credit history

Credit Cards For Students With No Credit History

If you are a parent looking for credit cards for students with no credit history, read this article. We will discuss what the best college student credit cards are and which ones to apply for with an online application.

Why Are Student Credit Cards A Good Option?

Like it or not, your credit history is something you need to establish. Even at a young age we should teach everyone how to manage money. It is one of the most important things that will effect a graduates life when completing their college degree.

Learning how to utilize a credit card the proper way is the first goal to building good credit. A student credit card that is used properly can build your credit score and establish the credit history you need to succeed.

What Are The Best Student Credit Cards If I Have No Credit History?

Below we will list a few of the best student credit cards.

First off I would like to explain why you will want an unsecured credit card vs a secured card. An unsecured credit card requires no deposit. The most important aspect though is that a secured credit card normally will not report to the credit bureaus.

The reason why you want the credit card to report to the 3 major credit bureaus is to build your credit history and score. We list unsecured credit cards with the best issuers.

Recommended Credit Cards For Students With No Credit History

1. Discover it® Chrome Student Card

One really nice feature of this student credit card is that you will earn Cash Back Rewards at gas stations and restaurants. As a student this is usually what you spend your money on so it is nice to get cash back on the money you spend. There is also no annual fee with this credit card. Another cool feature is that your able to track recent FICO® Credit Scores for free on your monthly statements.

2. Capital One Journey Student Credit Card

The Journey student card gives you unlimited access to your credit score. It also has tools to help you monitor your credit profile with CreditWise. The best part that this feature is free. If traveling or studying abroad, there are no foreign transaction fees on purchases. This card also has no annual fees.

3. CITI THANKYOU® Preferred Card For College Students

The ThankYou Preferred card for students has a 0% intro offer as well as a bonus. Read the details as this offer can change. It also has the chip technology for security and you can build rewards.

All of these are credit cards for students with no credit history and will help you establish and track your credit scores.


5 Best Ways to Get a No Credit History Credit Card

Getting a credit card when you have no credit history can seem nearly impossible. Why? Because most companies that issue credit cards want to see a good credit score before they take the risk of issuing a credit card. The downfall to this policy is that those without credit do not have a credit score to use for the qualification process. However, there are some companies that have identified this issue and have created credit cards geared for people in this exact situation. We will cover some of the best companies later on, for now, we are going to discuss some options available to you in order to get a credit card when you have no credit history.

Many of the large retail chains offer their own credit cards. The good news is that these types of credit cards are easier to obtain than a traditional credit card, such as a Visa or MasterCard if you have no or limited credit history. The bad news is that most of these cards have low limits, higher interest rates, and can only be used for purchases made at the retail store that issued the card. However, by keeping the balance as low as possible and by paying off your balance as soon as you can, you can avoid those hefty interest rates while helping building a solid credit history.

If the ability to get a credit card on our own is simply impossible, consider finding a co-signer. A co-signer is another person with good credit that basically tells the credit card company that they will be financially responsible for the balance on the credit account if you do not or are unable to pay yourself. Just keep in mind that by having a co-signer you will have someone watching your spending and making sure that you pay your monthly payments and they do this for good reason. If you fall behind on your payments, the negative activity will not only hurt your credit but also theirs.

Some credit card companies offer special cards for college students that may not have a large income or a credit history. You will more than likely have to show proof that you are an actual college student, but it is an option for getting your credit history started.

Another option for those that have no credit history but are looking to get a credit card is by using a secured credit card. These cards work by you paying a security deposit in order to receive a credit limit. If you decide this is the option for you, make sure you pick a card that reports to the three major credit bureaus and keeps fees to a minimum.

Many of the major credit issuers have pre-qualification options online. These are ideal for a couple of reasons. First, by pre-qualifying, you will know if that company has a card that fits your situation. Secondly, this is considered a soft credit check and will not hurt your credit score. Just remember that when you actually go through with the application process it then becomes a hard inquiry and will reflect on your credit reports.

The Five Best Starter Credit Cards

In conclusion, now that we have discussed how to establish credit and how to get credit, let’s take a look at our pick of the five best credit cards for those with no credit.


Credit cards for Less than Average Credit History

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Credit Card Offers for Poor Credit Rating

Credit cards are the most up-to-date way to manage one's expenses. But not everybody has good credit to take the best online card offers. At Rebuild-Credit-Cards.com customers can find online offers for bad credit history, limited and no credit history cards.

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Search for a Credit Card by Bank or Issuer

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Best credit cards no credit history

Rebuild-Credit-Cards.Com strives to keep credit card information up to date and accurate. However, all the credit card information is presented without warranty and can be changed by the credit card issuers at any time. Click the "Apply online" button to see the online credit card application and to review current credit card terms and conditions. Note that Rebuild-Credit-Cards.Com can be compensated by credit card issuers when the visitors apply for a credit card through the website.

*See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.


How to Choose Your First Credit Card

Opening your first credit card is an important step towards financial independence in a young adult’s life. Credit cards are a great way to build your credit history, to make large purchases, and to use during emergencies. However, you should proceed carefully. As with most financial decisions, there are risks and benefits associated with opening and using your first credit card. If you weigh your options carefully and are aware of the risks, opening your first credit card can be hassle free.

Evaluating Your Current Financial Situation Edit