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Best Credit Cards for Low Income Earners of February 2023

If you are searching for a credit card in line with your tight budget constraints, there is no need to fret. Not all of us can be millionaires, and there is no shortage of solutions that accommodate – or even prioritize – low income earners. In this article, we will take a glance at some of the offers available right away and share a few guidelines on what makes a good low income credit card.

By Myfin Team
Edited by Andrei Sabalevich
Updated February 01, 2023

Best Credit Cards for Low income in February 2023

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Capital One Platinum Credit Card best for Without SSN

Platinum Mastercard Capital One
Annual fee:
$0
Regular APR:
29.74% Variable
Our Rating:
2.87
scorer
Credit score
Fair (580-669)
  • Balance Transfer APR:
    29.74% Variable
  • Issuer name:
    Capital One
  • Details:

    The Platinum Mastercard is a contactless credit card from Capital One promoted mostly as a vehicle for improving one's credit (or building it from scratch). Regardless of your score, the variable APR is set at 29.74%. Responsible behavior can lead to doubling your credit limit after half a year. The absence of an annual fee is a huge relief with respect to competitors like Surge® Platinum Mastercard®. In addition, foreign transactions aren’t charged any fees like domestic ones.

  • Pros:
    • No annual fee. This is a huge advantage over its competitors like Surge.
    • No foreign transactions fee. Frequent travelers will especially appreciate this point.
    • Credit limit automatically doubles in six months.
    • Contactless chip. You can pay instantly and conveniently on terminals.
  • Cons:
    • APR is above the market average. If your credit score permits it, you may find better luck elsewhere.
    • No rewards program.
  • Benefits:
    • No Foreign Transaction Fees;
    • $0 Fraud Liability;
    • ATM Location Services;
    • Emergency Card Replacement;
    • Autopay;
    • 24/7 Customer Service.
View all Platinum Mastercard details
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Capital One QuicksilverOne Cash Rewards Credit Card best for Fair credit

QuicksilverOne Capital One
Annual fee:
$39 annually
Regular APR:
29.74% Variable
Our Rating:
3.61
scorer
Credit score
Fair to Good (580-739)
  • Rewards Rate:
    • 1.5% Cash Back on every purchase.
  • Balance Transfer APR:
    29.74% Variable
  • Issuer name:
    Capital One
  • Details:

    With this credit card, you get enrolled in a rewards program, saving 1.5% on every purchase. To apply for this credit card you must have at least a fair (preferably higher) credit rating. The APR is rather high at 29.74%, and an additional $39 is levied each year as a maintenance fee. On the flip side, foreign transactions aren’t charged, which is nice if you travel a lot. The initial credit limit is $300 - $1,000, but will get 2x higher after six months of on-time payments.

  • Pros:
    • Support for contactless payment.
    • $0 foreign transaction fee.
    • Consistent 1.5% reward rate.
  • Cons:
    • High APR. This applies even to customers with flawless credit.
    • Moderate annual fee.
  • Benefits:
    • 1.5% Cash Back;
    • No Foreign Transaction Fees;
    • Autopay;
    • $0 Fraud Liability;
    • Card Lock;
    • ATM Location Services.
View all QuicksilverOne details
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Upgrade Cash Rewards Visa® best for Good credit score

Upgrade Cash Rewards Visa®
Annual fee:
$0
Regular APR:
14.99% - 29.99% Regular
Our Rating:
4.35
scorer
Credit score
Fair to Excellent (580-799)
  • Rewards Rate:
    • 1.5% Cash Back on payments.
  • Intro Offer:
    • $200 Bonus when you open a Rewards Checking account and make 3 debit card transactions. *
  • Details:

    A solid everyday option for people with a fair credit rating. Essentially, this card is very similar to another product called Upgrade Triple Cash Rewards Visa®. The main difference lies in the cash back options. If you are not especially interested in buying from select categories, Upgrade Cash Rewards Visa® will fit you better. The APR varies in the range of 14.99% - 29.99%, corresponding to your creditworthiness. The credit line limit falls somewhere in the vast $500 - $25,000 range. Having made three debit payments, you will receive a welcome gift of $200.

  • Pros:
    • No annual fee.
    • Uncapped 1.5% cash back.
    • $200 welcome offer.
  • Cons:
    • No cash advances.
    • No balance transfers.
  • Benefits:
    • $200 bonus;
    • 1.5% Cash Back;
    • Сontactless card technology.

    *To qualify for the welcome bonus, you must open and fund a new Rewards Checking account and make 3 qualifying debit card transactions from your Rewards Checking account within 60 days of the date the Upgrade Card account is opened. To qualify, debit card transactions must have settled and exclude ATM transactions. Please refer to the applicable Upgrade VISA® Debit Card Agreement and Disclosures for more information. Your Upgrade Card and Rewards Checking account must be open and in good standing to receive a bonus. If you have previously opened a Rewards Checking account or do not open one as part of this application process, you are not eligible for this welcome bonus offer. Welcome bonus offers cannot be combined, substituted, or applied retroactively. The bonus will be applied to your Rewards Checking account as a one-time payout credit within 60 days after the 3rd qualifying card purchase.

View all Upgrade Cash Rewards Visa® details
Apply now
On Upgrade‘s website
Card detail

Capital One Platinum Secured Credit Card best for Single mom, Without SSN

Secured Mastercard® Capital One
Annual fee:
$0
Regular APR:
29.74% Variable
Our Rating:
2.4
scorer
Credit score
No Credit History to Poor (0-579)
  • Balance Transfer APR:
    29.74% Variable
  • Issuer name:
    Capital One
  • Details:

    The Secured Mastercard® from Capital One is for people who want to improve their credit scores. The Card has no annual fee. It requires a security deposit when you’re approved.

    The card's APR is 29.74% (Variable).

    You’ll get access to CreditWise® from Capital One, which will automatically alert you to changes on your TransUnion or Experian credit reports.

    The Secured Mastercard from Capital One comes with a surprising number of travel perks, including no foreign transaction fees, travel accident insurance, 24-hour travel assistance services and secondary auto rental coverage.

    Cardholders will also receive extended warranty coverage for items purchased that already come with a manufacturer’s warranty.

  • Pros:
    • Low initial deposit amount of $49, $99, or $200
    • You can increase the credit line up to $1000
    • No annual fee
    • Automatic credit line reviews
    • Credit building
  • Cons:
    • High APR
    • Low credit limit
    • No rewards program
  • Benefits:
    • $0 Fraud Liability;
    • Refundable Deposit;
    • Capital One CreditWise;
    • Eno®, your Capital One assistant;
    • Virtual Card Numbers from Eno;
    • Emergency Card Replacement;
    • ATM Location Services;
    • MasterRental Coverage;
    • 24/7 Customer Service.
View all Platinum Secured Mastercard® details
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The Bank of Missouri FIT® Platinum Mastercard® best for Unsecured

FIT® Platinum Mastercard® The Bank of Missouri
Annual fee:
$99 annually
Regular APR:
29.99% Variable
Our Rating:
3.9
scorer
Credit score
No Credit History to Poor (0-579)
    • Issuer name:
      The Bank of Missouri
    • Details:

      The FIT® Platinum Mastercard® Credit Card helps to rebuild or build your credit.

      The FIT® Platinum Mastercard® Credit Card's annual fee is $99 annually. The Monthly Maintenance Fee is $75 annually. The Processing Fee is $89 (one-time fee).

      The FIT® Platinum Mastercard® Credit Card with an initial credit limit of $400. Use your FIT card at locations everywhere Mastercard is accepted.

      Continental Finance will report your payments to the three major credit bureaus - TransUnion, Experian, Equifax.

      Read full review

    • Pros:
      • Credit may increase with time
      • Low eligibility requirements
      • Reasonable credit limit
      • No Security deposit
      • Credit Score Access
    • Cons:
      • High extra fees
      • High APR
      • Foreign Transaction Fee
      • No reward program
      • No Sign up Bonus
    • Benefits:
      • $0 Fraud Liability;
      • Initial Credit Limit of $400;
      • Potential Credit Limit Increase After Just 6 Months;
      • Free Monthly Credit Score;
      • Reports to All Three Major Credit Bureaus.
    View all FIT® Platinum Mastercard® details
    Apply now
    On The Bank of Missouri‘s site
    Card detail

    Upgrade Triple Cash Rewards Visa® best for Low income

    Upgrade Triple Cash Rewards Visa® Upgrade
    Annual fee:
    $0
    Regular APR:
    14.99% - 29.99% Regular
    Our Rating:
    3.53
    scorer
    Credit score
    Fair to Excellent (580-799)
    • Rewards Rate:
      • 3% Cash Back on Home, Auto and Health categories.
      • 1% Cash Back on everything else.
    • Intro Offer:
      • $200 Bonus when you open a Rewards Checking account and make 3 debit card transactions (within 60 days of your Upgrade Card account opening). *
    • Details:

      At first glance, Upgrade Triple Cash Rewards Visa® looks like a typical rewards credit card. Indeed, you get unlimited 1% cash back on everyday purchases, while some predetermined categories (Auto, Health and Home) will bring you 3% back. For buying from Upgrade’s selected partners, the cash back rate soars to 10%. The product is advertised as a credit card crossed with a fixed-rate personal loan.

      By other metrics, too, this card is highly competitive. The APRs lie in the range of 14.99% - 29.99%, while the line of credit amounts range from $500 to the vast $50,000. Besides, a welcome $200 bonus is given for making just three purchases.

    • Pros:
      • No maintenance fees.
      • No foreign transaction fee.
      • Excellent credit limits.
      • Welcome bonus.
    • Cons:
      • Neither cash advances nor balance transfers are allowed.
      • High credit demands. Especially lower APRs require a fairly good credit rating.
    • Benefits:
      • $200 bonus;
      • 3% Cash Back on home, auto and health purchase;
      • 1% Cash Back on everything else;
      • Сontactless card technology.

      *To qualify for the welcome bonus, you must open and fund a new Rewards Checking account and make 3 qualifying debit card transactions from your Rewards Checking account within 60 days of the date the Upgrade Card account is opened. To qualify, debit card transactions must have settled and exclude ATM transactions. Please refer to the applicable Upgrade VISA® Debit Card Agreement and Disclosures for more information. Your Upgrade Card and Rewards Checking account must be open and in good standing to receive a bonus. If you have previously opened a Rewards Checking account or do not open one as part of this application process, you are not eligible for this welcome bonus offer. Welcome bonus offers cannot be combined, substituted, or applied retroactively. The bonus will be applied to your Rewards Checking account as a one-time payout credit within 60 days after the 3rd qualifying card purchase.

    View all Upgrade Triple Cash Rewards Visa® details
    Apply now
    On Upgrade‘s website
    Card detail

    Celtic Bank Surge® Platinum Mastercard® best for Walmart purchases

    Celtic Bank Surge® Platinum Mastercard®
    Annual fee:
    $75 - $99 annually
    $99 annually
    Regular APR:
    24.99% - 29.99% Variable
    Our Rating:
    3.2
    scorer
    Credit score
    No Credit History to Poor (0-579)
      • Issuer name:
        Celtic Bank
      • Details:

        The Surge® Platinum Mastercard® issued by Continental Finance is a solution specifically tailored for citizens whose credit score strays far from the ideal. Virtually everyone is invited to apply. The credit limit (between $300 and $1,000) may seem a little low at the beginning but is doubled after six months of use without any intervention on your part - other than responsible payments. The card levies a variable 24.99% - 29.99% APR, which is rather high, in addition to $75 - $99 in annual fees. Starting with the second year, you will also pay a $10 monthly maintenance fee. Together they may reach $200 a year or even more.

      • Pros:
        • Low entry barrier. This provides a straightforward way to atone for your past mistakes.
        • Credit limit may be doubled automatically.
      • Cons:
        • Large annual fee. It ranges from $75 - $99, which many low earners will find a significant burden.
        • Monthly fees. This pushes the total annual expenses even higher.
        • Consistently high APR. Unlike more general credit solutions, it does not depend on your credit score.
        • No cash back mechanism.
      • Benefits:
        • $0 Fraud Liability;
        • Monthly reporting to the three major credit bureaus;
        • Possible credit limit increase after just six months;
        • Free Monthly Credit Score.
      View all Surge® Platinum Mastercard® details
      Apply now
      On Celtic Bank‘s site
      Card detail

      WebBank Petal® 2 “Cash Back, No Fees” Visa® best for Beginner, No history

      Petal® 2 “Cash Back, No Fees” Visa® WebBank
      Annual fee:
      $0
      Regular APR:
      17.24% - 31.24% Variable
      Our Rating:
      3.8
      scorer
      Credit score
      No Credit History to Excellent (0-799)
      • Rewards Rate:
        • 1% - 1.5%:
        • Cash Back after making 12 on-time monthly payments.
        • 2% - 10%:
        • Cash Back from select merchants.
      • Issuer name:
        WebBank
      • Details:

        The Petal® 2 “Cash Back, No Fees” Visa® is a zero-fee credit card with a 1% cash back. Despite there are no late fees, you should still pay on time to salvage your reputation and gain the most from your experience. For example, six prompt payments in a row will upgrade your credit limit. Keep it up for six more months for your cash back rate to jump to 1.5%. Among other conditions is a variable APR lying in the range 17.24% - 31.24%.

      • Pros:
        • No fees, no strings attached
        • Credit limit and rewards rate respond to timely payments.
      • Cons:
        • Potentially high APR.
        • No interest-free period.
      • Benefits:
        • No foreign transaction fee;
        • Petal 2 reports to all 3 major credit bureaus;
        • Qualify with average credit.
      View all Petal® 2 “Cash Back, No Fees” Visa® details
      Apply now
      On WebBank‘s site
      Card detail

      The Bank of Missouri First Access Visa® best for Low income

      First Access Visa® The Bank of Missouri
      Annual fee:
      $75 annual fee for first year
      $48 annually
      Regular APR:
      34.99%
      Our Rating:
      4.2
      scorer
      Credit score
      No Credit History to Fair (0-669)
        • Issuer name:
          The Bank of Missouri
        • Details:

          The First Access Visa® explicitly targets individuals with modest credit. The conditions are accordingly disastrous: 34.99% APR, a $48 annual fee, a $8.25 monthly fee, a cash advance fee, and so on. Instead of introductory benefits, you get slapped $95 on approval, as well as an extra high annual fee of $75 immediately deducted from your balance, though at least the monthly fees are suspended. The credit limit is just $300 at first, but can be raised after a year in return for (of course) a fee constituting 20% of the increase. In short, you are allowing yourself to be ripped off in exchange for a shot at improving your credit.

        • Pros:
          • Easy-to-satisfy requirements.
          • Fees start out high and diminish with time (but remain high).
          • Credit-building opportunities.
        • Cons:
          • High APR regardless of your credit score.
          • Fees on virtually everything. Be prepared to lose $150 a year just in fees, at a minimum.
          • No rewards program. Don’t even think about it.
        • Benefits:
          • First Access Visa credit card accepted nationwide;
          • Rebuild your credit;
          • Easy and Secure Online Application.
        View all First Access Visa® details
        Apply now
        On the First Access Visa® Card secure website
        Card detail

        Celtic Bank Reflex® Platinum Mastercard® best for Unsecured

        Reflex® Platinum Mastercard®​ Celtic Bank
        Annual fee:
        $75 - $99 for the first year
        $99 after the first year
        Regular APR:
        29.99% Variable
        Our Rating:
        3.8
        scorer
        Credit score
        No Credit History to Good (0-739)
          • Issuer name:
            Celtic Bank
          • Details:

            The Reflex® Platinum Mastercard® can be used as an effective tool to build credit. The card has an APR of 29.99% (Variable).

            With $0 Fraud Liability you will not be held responsible for unauthorized charges on your Reflex credit card. With zero fraud liability you are only responsible for purchases that you make, so you can shop with confidence and know that your card activity is fully protected.

            Monthly Maintenance Fee: $0 - $120.00 annually (billed at $0 - $10.00 per month). Monthly Maintenance Fee not billed for the first 12 months your account is opened. Additional Card Fee is $30.00 (one time, if applicable).

            Read full review

          • Pros:
            • Chance to get a higher credit limit
            • All credit scores are welcome to apply
            • Reports to three bureaus
            • Check if you prequalify without affecting your credit score
            • No deposit required
          • Cons:
            • No rewards
            • High Regular APR
            • High annual fee
            • Monthly maintenance fee
            • Additional card fee
            • Foreign transaction fee
          • Benefits:
            • $0 Fraud Liability;
            • Potential Credit Limit Increase After Just 6 Months;
            • Free Monthly Credit Score;
            • Monthly Reporting to All Three Major Credit Bureaus;
            • Credit Protection program.
          View all Reflex® Platinum Mastercard® details
          Apply now
          On Celtic Bank‘s site
          Card detail

          Celtic Bank Indigo® Mastercard® best for Unsecured

          Indigo® Mastercard® Celtic Bank
          Annual fee:
          $0 - $99 annually
          Regular APR:
          24.9%
          Our Rating:
          3.7
          scorer
          Credit score
          No Credit History to Fair (0-669)
            • Issuer name:
              Celtic Bank
            • Details:

              Indigo® Mastercard® has a variable annual fee ($0 - $99) which size is determined by your credit score. As a bonus, the fee is capped at $75 for the first year. A further drawback is the meager credit limit of just $300; unlike similar cards, there is no provision to increase it. On the positive side, the foreign transaction fee is just $1. The card features a 24.9% variable APR, firmly in the competitive range of cards in this class.

            • Pros:
              • Few barriers to entry. Open even to people with bad credit.
              • No monthly fee, unlike some competitors.
              • Low foreign transaction fee.
            • Cons:
              • Potentially high annual fee.
              • No reward options.
              • Low credit limit with no mechanism to improve it.
            • Benefits:
              • A low foreign transaction fee of 1 percent;
              • Choice of Card Image;
              • Fraud Protection;
              • 24/7 Account Access;
              • Extended warranty coverage.
            View all Indigo® Mastercard® details
            Apply now
            On Celtic Bank‘s site
            Card detail
            Total Visa® The Bank of Missouri
            Annual fee:
            $164 for first year (including one-time program fee of $89)
            $48 annually *
            Regular APR:
            34.99% *
            Our Rating:
            3.32
            scorer
            Credit score
            Rebuilding Credit to Fair (0-669)
              • Issuer name:
                The Bank of Missouri
              • Details:

                The Total Visa® сard is a credit card for people with bad credit score or limited credit. It does not require a credit check to apply. But the card doesn’t offer rewards.

                The Total Visa® сard's Regular APR is 34.99%. There is a one-time $89 program fee.

                The Total Visa® сard allows you to choose your own card design.

                Read full review

              • Pros:
                • Low Requirements
              • Cons:
                • Annual Fee
                • High Regular APR
                • No Intro APR period
                • Extra Fees
              • Benefits:
                • $0 fraud liability;
                • Reports monthly to all three major credit bureaus;
                • Manageable monthly payments;
                • Select your favorite card design for free.
              View all Total Visa® Unsecured details
              Apply now
              On the Total Visa® Card secure website
              Card detail

              The Bank of Missouri Milestone Mastercard® best for Unsecured

              Milestone Mastercard® The Bank of Missouri
              Annual fee:
              $35 - $99 Dependent on credit worthiness
              Regular APR:
              24.9%
              Our Rating:
              3.5
              scorer
              Credit score
              No Credit History to Fair (0-669)
                • Issuer name:
                  The Bank of Missouri
                • Details:

                  The Milestone Mastercard® is a credit card for people with bad credit.

                  The Milestone Mastercard® card's APR: 24.90% (Regular). Plus, the card has a cash advance APR of 29.90% and a penalty APR of 29.90%.

                  The credit limit for a Milestone Mastercard® is $300.

                  Read full review

                • Pros:
                  • Low application requirements
                  • No security deposit
                  • Low foreign transaction fee
                  • Reports to three major credit bureaus
                • Cons:
                  • Annual fee
                  • Additional fees and high APR
                  • Low credit limit
                  • No rewards system
                • Benefits:
                  • Fraud Protection;
                  • Credit Bureau Reporting;
                  • Extended warranty coverage;
                  • Mastercard Global Service;
                  • Easy Pre-Qualification;
                  • Full Mastercard Perks;
                  • 24/7 Account Management.
                View all Milestone Mastercard® details
                Apply now
                On The Bank of Missouri‘s site
                Card detail
                Synovus Bank First Latitude Platinum Mastercard® Secured Credit Card
                Annual fee:
                $25 for the first year;
                after that $35.00 annually
                Regular APR:
                23.49% Variable
                Our Rating:
                1.14
                scorer
                Credit score
                No Credit History to Poor (0-579)
                  • Issuer name:
                    Synovus Bank
                  • Details:

                    First Latitude Platinum Mastercard® Secured Credit Card is a full-feature Platinum Mastercard® with a credit line based on a security deposit rather than on a credit score.

                    The Card charges an annual fee of $25 for the first year; after that $35 annually. The APR for Purchases is 23.49% (28.49% for cash advances). These APRs will vary with the market based on the Prime Rate.

                    Read full review

                  • Pros:
                    • Available to people with limited credit history
                  • Cons:
                    • Foreign Transaction Fee
                    • Balance transfers are not available
                  • Benefits:
                    • Choose a Credit Line Secured by Your Fully Refundable Deposit - from $100 to $2,000;
                    • Reports Monthly to All 3 Consumer Credit Bureaus to Establish Credit History;
                    • Quick and Easy Online Application.
                  View all First Latitude Platinum Mastercard® Secured details
                  Apply now
                  On Synovus Bank‘s site
                  Card detail

                  Applied Bank® Secured Visa® Gold Preferred® Credit Card best for 18 year old

                  Gold Preferred® Secured Visa® Applied Bank
                  Annual fee:
                  $48 annually
                  Regular APR:
                  9.99% Fixed
                  Our Rating:
                  4.23
                  scorer
                  Credit score
                  No Credit History to Poor (0-579)
                    • Issuer name:
                      Applied Bank®
                    • Details:

                      The Applied Bank® Secured Visa® features a fixed-rate 9.99% APR on purchases.

                      The Applied Bank® Gold Preferred® Secured Visa® Card charges several fees in addition to the $48 annual fee. Fees include an up to $38 late payment fee, an up to $38 returned payment fee, a $30 stop payment fee, a $12.95 fee for each optional payment, a $30 fee for additional or replacement cards a $50 reinstatement fee, and a 3% foreign transaction fee.

                      Read full review

                    • Pros:
                      • Extremely low regular APR
                      • No penalty rate
                      • Guaranteed approval
                      • Increase your credit limit
                    • Cons:
                      • No rewards system
                      • A lot of fees
                      • Can’t upgrade to an unsecured credit card
                      • No grace period
                    • Benefits:
                      • Reports to All Three National Credit Bureaus;
                      • Zero Fraud Liability;
                      • Refundable Security Deposit;
                      • Global acceptance;
                      • Emergency card replacement and cash disbursement.
                    View all Secured Visa® Gold Preferred® Credit Card details
                    Apply now
                    On Applied Bank®‘s site
                    Card detail
                    Merrick Bank Double Your Line® Secured Mastercard®
                    Annual fee:
                    $36 the first year. Billed $3 per month thereafter
                    Regular APR:
                    21.70% Variable
                    Our Rating:
                    3.98
                    scorer
                    Credit score
                    No Credit History to Fair (0-669)
                      • Issuer name:
                        Merrick Bank
                      • Details:

                        The Merrick Bank Double Your Line® Secured Mastercard® is a good card for people looking to build or rebuild credit.

                        The card has an annual fee of $36 for the first year (billed $3 per month thereafter).

                        The APR for purchases is 21.70% (Variable).

                        Double your $200 credit line by making at least your minimum payment on time each month for the first 7 months your account is open.

                        Read full review

                      • Pros:
                        • Double your credit limit
                        • Free monthly FICO Score access
                      • Cons:
                        • Annual Fee
                        • Foreign Transaction
                      • Benefits:
                        • $0 Fraud Liability;
                        • Double Your Line®;
                        • Reports to 3 Major Credit Bureaus.
                      View all Double Your Line® Secured Mastercard® details
                      Apply now
                      On Merrick Bank‘s site
                      Card detail
                      First Progress Platinum Prestige Mastercard® Secured Synovus Bank
                      Annual fee:
                      $49 annually
                      Regular APR:
                      14.24% Variable
                      Our Rating:
                      3.8
                      scorer
                      Credit score
                      No Credit History to Fair (0-669)
                        • Issuer name:
                          Synovus Bank
                        • Details:

                          The First Progress Platinum Prestige Mastercard® Secured Credit Card is a secured credit card for people with a limited credit history.

                          The First Progress Platinum Prestige Mastercard® doesn’t earn a welcome bonus.

                          The First Progress Platinum Prestige Mastercard® comes with an annual fee of $49. The card's APR: 14.24% (Variable for purchases), 23.24% (Variable for cash advances).

                          First Progress reports to all three major credit agencies, so even if you have bad credit, you’ll be able to improve on your credit standing provided you use your card responsibly.

                          Read full review

                        • Pros:
                          • Low APR for Purchases
                          • No Minimum Credit Score Required
                          • Reports to Three Major Credit Bureaus
                          • Suitable Range of Credit Limit
                        • Cons:
                          • High Annual Fee
                          • High Transaction Fees on Cash Advance
                          • High Penalty Fees
                          • No Bonuses or Rewards
                          • Foreign Transaction Fees
                          • Unavailability of Card for Certain Geographies in the US
                        • Benefits:
                          • Accepted Nationwide;
                          • No Minimum Credit Score;
                          • No Credit History Required.
                        View all First Progress Platinum Prestige Mastercard® Secured details
                        Apply now
                        On First Progress’s site
                        Card detail
                        First Progress Platinum Elite Mastercard® Secured Synovus Bank
                        Annual fee:
                        $29 annually
                        Regular APR:
                        24.24% Variable
                        Our Rating:
                        3.3
                        scorer
                        Credit score
                        No Credit History to Fair (0-669)
                          • Issuer name:
                            Synovus Bank
                          • Details:

                            The First Progress Platinum Elite Mastercard® Secured Credit Card is designed to help cardholders build credit with no credit check or minimum credit score required to apply.

                            As a secured credit card, the First Progress Platinum Elite Mastercard® doesn’t come with any welcome offers, sign-up bonuses or reward rates.

                            As a Mastercard®-branded credit option, this First Progress card is accepted nationwide.

                            The initial Credit Limit for your Account will be equal to the amount of the Deposit that you make with us, which must be at least $200 (see “Security Interest” above). However, if you choose to deposit more than $200 your initial deposit and corresponding Credit Limit must be at least $300 and may not exceed $2,000.

                            Read full review

                          • Pros:
                            • No credit history required
                            • No Minimum Credit Score needed
                            • Low Annual Percentage Rates
                            • It builds your Credit Score
                          • Cons:
                            • No option to graduate to an unsecured credit card
                            • Credit limit is equal to your deposit amount
                            • There is no Rewards program
                            • There are some area restrictions
                          • Benefits:
                            • No Minimum Credit Score;
                            • No Credit History Required;
                            • Accepted Nationwide.
                          View all First Progress Platinum Elite Mastercard® Secured details
                          Apply now
                          On First Progress’s site
                          Card detail

                          WebBank Petal® 1 "No Annual Fee" Visa® best for For bad credit

                          Petal® 1 "No Annual Fee" Visa® WebBank
                          Annual fee:
                          $0
                          Regular APR:
                          24.24% - 33.74% Variable
                          Our Rating:
                          4.34
                          scorer
                          Credit score
                          No Credit History to Good (0-739)
                          • Rewards Rate:
                            • 2% - 10%:
                            • Cash Back at select merchants.
                          • Issuer name:
                            WebBank
                          • Details:

                            The Petal® 1 "No Annual Fee" Visa® Card earns 2% - 10% Cash Back at select merchants.

                            The Card has a variable APR ranging from 24.24% - 33.74%.

                            Read full review

                          • Pros:
                            • $0 Annual fee
                            • No foreign transactions fee
                            • No credit score needed to apply
                            • Earn rewards with Petal® 1 "No Annual Fee" Visa®
                            • Increase your credit limit in 6 months
                          • Cons:
                            • No Intro APR
                            • High purchase APR
                            • No signup bonus
                            • Cash back only with select merchants
                          • Benefits:
                            • 2% - 10% Cash Back at select merchants;
                            • Zero liability fraud protection;
                            • $300 - $5,000 credit limits;
                            • Petal reports to all 3 major credit bureaus.
                          View all Petal® 1 "No Annual Fee" Visa® details
                          Apply now
                          On WebBank‘s site
                          Card detail
                          Secured Mastercard® Merrick Bank
                          Annual fee:
                          $36 for first year. Billed $3 per month thereafter
                          Regular APR:
                          21.70% Variable
                          Our Rating:
                          3.2
                          scorer
                          Credit score
                          No Credit History to Poor (0-579)
                            • Issuer name:
                              Merrick Bank
                            • Details:

                              The Merrick Bank Secured Mastercard® credit card is a card designed for building or rebuilding credit. The cardholder’s initial credit line will be equal to the amount of their security deposit, which can be between $200 and $3,000.

                              The Annual Fee is $36 the first year. Billed $3 dollars per month thereafter.

                              The Card's APR: 21.70% Variable for purchases.

                              The Secured Mastercard® credit card reports to all three major credit bureaus.

                              Read full review

                            • Pros:
                              • Up to $3000 credit limit
                              • Reports to three major credit bureaus
                              • You don’t need a bank account to apply
                              • Access to FICO score
                              • Low APR
                            • Cons:
                              • No rewards or intro offers
                              • $200 minimum deposit
                              • Extra fees
                              • $36 annual fee
                            • Benefits:
                              • Monthly Reporting to the 3 Major Credit Bureaus;
                              • $0 Fraud Liability;
                              • Low interest;
                              • FICO® Score for Free Each Month.
                            View all Secured Mastercard® details
                            Apply now
                            On Merrick Bank‘s site
                            Card detail
                            First Progress Platinum Select Mastercard® Secured Synovus Bank
                            Annual fee:
                            $39 annually
                            Regular APR:
                            18.24% Variable
                            Our Rating:
                            3.5
                            scorer
                            Credit score
                            No Credit History to Fair (0-669)
                              • Issuer name:
                                Synovus Bank
                              • Details:

                                The First Progress Platinum Select MasterCard® Secured is designed to help cardholders build credit with no credit check or minimum credit score required to apply.

                                The First Progress Platinum Select MasterCard® Secured doesn’t come with any welcome offers, sign-up bonuses or reward rates.

                                The card's APR: 18.24% (Variable for Purchases), 24.24% (Variable for Cash Advances).

                                The First Progress Platinum Select MasterCard® has an annual fee of $39. Plus, the card has a foreign transaction fee of 3%.

                                Read full review

                              • Pros:
                                • No credit history required
                                • No Minimum Credit Score needed
                                • Low Annual Percentage Rates
                              • Cons:
                                • Annual Fee
                                • Foreign Transaction Fee
                              • Benefits:
                                • Accepted Nationwide;
                                • No Minimum Credit Score;
                                • No Credit History Required.
                              View all First Progress Platinum Select Mastercard® Secured details
                              Apply now
                              On First Progress’s site
                              Card detail

                              Bank of America Cash Rewards best for Gas

                              Bank of America® Cash Rewards
                              Annual fee:
                              $0
                              Regular APR:
                              18.24% - 28.24% Variable
                              Our Rating:
                              5
                              scorer
                              Credit score
                              Excellent (740-799)
                              • Rewards Rate:
                                • 3% Cash Back rewards in a selected purchase category.
                                • 2% Cash Back at grocery stores and wholesale clubs.
                                • 1% Cash Back on all other purchases.
                              • Intro Offer:
                                • $200 Online cash rewards bonus after you make at least $1,000 in purchases in the first 90 days of account opening.
                              • Purchase Intro APR:
                                0% Introductory APR for the first 18 Statement Closing Dates following the opening of your account
                              • Balance Transfer APR:
                                18.24% - 28.24% Variable
                              • Issuer name:
                                Bank of America
                              • Details:

                                This card’s main attraction is its customizable rewards program. This consists of 3% on a chosen product category, 2% on groceries, and 1% on the rest. The 3% and 2% rates cease to apply beyond $2,500 a quarter, however. But that’s not all: cardholders also enjoy an interest-free period that lasts through the first 18 billing cycles, and a one-time $200 welcome bonus if they spend $1,000 during the first 90 days. From then onwards, the APR will fall somewhere between 18.24% - 28.24%, depending on the Bank of America's assessment of your credibility. Furthermore, it has no annual fee. The major stumbling block is the high entry barrier - approval may require a shining credit history.

                              • Pros:
                                • Customizable rewards. You define on your own what to save more on.
                                • Long bonus period with 0% APR.
                              • Cons:
                                • Requires good credit rating.
                                • Capped rewards beyond the basic 1%.
                              • Benefits:
                                • 3% Cash Back in your choice category;
                                • 2% Cash Back at grocery stores & wholesale clubs;
                                • 1% Cash Back on all other purchases;
                                • $200 cash rewards bonus;
                                • $0 Fraud Liability;
                                • Overdraft Protection;
                                • Digital Wallets;
                                • FICO® Score for Free.
                              Card detail

                              Chase Freedom Flex℠ best for Cash Back, 0 APR, No Annual Fee, Daily use

                              Chase Freedom Flex℠
                              Annual fee:
                              $0
                              Regular APR:
                              19.24% - 27.99% Variable
                              Our Rating:
                              5
                              scorer
                              Credit score
                              Good to Excellent (670-799)
                              • Rewards Rate:
                                • 5% Cash Back on up to $1,500 on combined purchases in bonus categories each quarter you activate.
                                • 5% Cash Back on travel purchased through Chase Ultimate Rewards.
                                • 3% Cash Back on dining at restaurants, including takeout and eligible delivery services.
                                • 3% Cash Back on drugstore purchases.
                                • 1% Cash Back on all other purchases.
                              • Intro Offer:
                                • $200 Earn a $200 bonus after you spend $500 on purchases in the first 3 months from account opening.
                                • 5% Back on grocery store purchases (excluding Target® and Walmart®) on up to $12,000 spent in the first year (that's $600 cash back).
                              • Purchase Intro APR:
                                0% Intro APR for the first 15 months that your Account is open
                              • Balance Transfer APR:
                                19.24% - 27.99% Variable
                              • Issuer name:
                                Chase
                              • Details:

                                The greatest allure of this credit card is its high reward rates. Customers earn 5% back in a select product category that shifts each quarter (on quarterly expenses totaling up to $1,500), 3% on medical drugs and in restaurants, and 1% on other kinds of purchases. In addition, new cardholders get to enjoy a 5% rate on groceries throughout the first year of use (though the rewards max out at $600), and a one-time $200 gift if they spend $500 within 3 months of opening. The cherry on top is a 15 month-long interest-free period. All this goodness comes at no additional expense to the cardholder, in other words: no maintenance fees. There is, however, a 3% tariff on foreign transactions. The non-promotional APR amounts to 19.24% - 27.99%.

                              • Pros:
                                • Up to 5% cash back.
                                • Introductory benefits, including 15 months without interest and higher reward rates.
                              • Cons:
                                • High credit requirements.
                                • Cap on some bonuses.
                              • Benefits:
                                • 5% Back on grocery store purchases (excluding Target® and Walmart®) on up to $12,000 spent in the first year (that's $600 cash back);
                                • 5% Cash Back on up to $1,500 on combined purchases in bonus categories;
                                • 5% Cash Back on travel purchased through Chase Ultimate Rewards;
                                • 3% Cash Back on dining at restaurants, including takeout and eligible delivery services;
                                • 3% Cash Back on drugstore purchases;
                                • 1% Cash Back on all other purchases;
                                • $200 Cash Back;
                                • Zero Liability Protection;
                                • Extended Warranty Protection;
                                • Trip Cancellation/Interruption Insurance;
                                • Cell Phone Protection;
                                • Auto Rental Collision Damage Waiver;
                                • Travel and Emergency Assistance Services.
                              Card detail

                              Citi Double Cash best for Cash Back, No Annual Fee, Daily use

                              Double Cash Citi
                              Annual fee:
                              $0
                              Regular APR:
                              18.24% - 28.24% Variable
                              Our Rating:
                              4.53
                              scorer
                              Credit score
                              Good to Excellent (670-799)
                              • Rewards Rate:
                                • 2% Cash Back on every purchase with unlimited 1% Cash Back when you buy, plus an additional 1% as you pay for purchases.
                              • Balance Transfer APR:
                                18.24% - 28.24% Variable
                              • Issuer name:
                                Citi
                              • Details:

                                Citi Bank has designed an unusual (and alluring) rewards system for its Double Cash Card. In this scheme, you get 1% back at the time of purchase, and a further 1% upon paying your balance, for a combined 2% cash back rate. This is twice as much as you get with most other cards, at least in the general case. Balance transfers incur no interest payments during the opening 18 months, although there remains a flat fee – $3 for the first 4 months, and $5 afterwards. For purchases, the APR will make up a percentage between 18.24% - 28.24%, reflecting your assessed creditworthiness. There is no maintenance fee, although transactions made in foreign countries incur a 3% fee.

                              • Pros:
                                • Consistent 2% rewards rate. You get one half of that at the time of purchase and another at payment.
                                • 18-month-long interest-free period for balance transfers.
                              • Cons:
                                • Good credit is a prerequisite.
                                • 3% fee on foreign transactions.
                              • Benefits:
                                • Citi Entertainment;
                                • 2% Cash Back on every purchase;
                                • Fraud Protection;
                                • The Lost Wallet Service;
                                • $0 Liability for Unauthorized Charges.
                              Card detail

                              Short Review of Best Credit Cards for Low Income

                              NameBest forBalance Transfer APRFees for Balance TransferIntro Balance TransferAPRReward RateApply
                              Capital One Platinum Credit Card
                              2.87
                              Without SSN29.74%3% of the amount of each transferred balance. None for balances transferred at the Transfer APRNone
                            • This card doesn't offer cash back, miles or points.
                            • Learn more
                              on our partner’s site
                              Capital One QuicksilverOne Cash Rewards Credit Card
                              3.61
                              Fair credit29.74%3% of the amount of each transferred balance that posts to your account. None for balances transferred at the Transfer APRNone
                            • 1.5% Cash Back on every purchase.
                            • Learn more
                              on our partner’s site
                              Upgrade Cash Rewards Visa®
                              4.35
                              Good credit scoreNone
                            • 1.5% Cash Back on payments.
                            • Apply now
                              On Upgrade‘s website
                              Capital One Platinum Secured Credit Card
                              2.4
                              Single mom, Without SSN29.74%NoneNone
                            • This card doesn't offer cash back, miles or points.
                            • Learn more
                              on our partner’s site
                              The Bank of Missouri FIT® Platinum Mastercard®
                              3.9
                              UnsecuredNone
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On The Bank of Missouri‘s site
                              Upgrade Triple Cash Rewards Visa®
                              3.53
                              Low income$0None
                            • 3% Cash Back on Home, Auto and Health categories.
                            • 1% Cash Back on everything else.
                            • Apply now
                              On Upgrade‘s website
                              Celtic Bank Surge® Platinum Mastercard®
                              3.2
                              Walmart purchasesNone
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On Celtic Bank‘s site
                              WebBank Petal® 2 “Cash Back, No Fees” Visa®
                              3.8
                              Beginner, No historyNone
                            • 1% - 1.5%:
                            • Cash Back after making 12 on-time monthly payments.
                            • 2% - 10%:
                            • Cash Back from select merchants.
                            • Apply now
                              On WebBank‘s site
                              The Bank of Missouri First Access Visa®
                              4.2
                              Low incomeNone
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On the First Access Visa® Card secure website
                              Celtic Bank Reflex® Platinum Mastercard®
                              3.8
                              UnsecuredNone
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On Celtic Bank‘s site
                              Celtic Bank Indigo® Mastercard®
                              3.7
                              UnsecuredNone
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On Celtic Bank‘s site
                              The Bank of Missouri Total Visa® Unsecured
                              3.32
                              None
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On the Total Visa® Card secure website
                              The Bank of Missouri Milestone Mastercard®
                              3.5
                              UnsecuredNone
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On The Bank of Missouri‘s site
                              First Latitude Platinum Mastercard® Secured Credit Card
                              1.14
                              None
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On Synovus Bank‘s site
                              Applied Bank® Secured Visa® Gold Preferred® Credit Card
                              4.23
                              18 year oldNone
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On Applied Bank®‘s site
                              Merrick Bank Double Your Line® Secured Credit Card
                              3.98
                              None
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On Merrick Bank‘s site
                              First Progress Platinum Prestige Mastercard® Secured Credit Card
                              3.8
                              None
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On First Progress’s site
                              First Progress Platinum Elite Mastercard® Secured Credit Card
                              3.3
                              None
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On First Progress’s site
                              WebBank Petal® 1 "No Annual Fee" Visa®
                              4.34
                              For bad creditNone
                            • 2% - 10%:
                            • Cash Back at select merchants.
                            • Apply now
                              On WebBank‘s site
                              Merrick Bank Secured Credit Card
                              3.2
                              None
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On Merrick Bank‘s site
                              First Progress Platinum Select Mastercard® Secured Credit Card
                              3.5
                              None
                            • This card doesn't offer cash back, miles or points.
                            • Apply now
                              On First Progress’s site
                              Bank of America Cash Rewards
                              5
                              Gas18.24% - 28.24%Either $10 or 3% of the amount of each transaction, whichever is greater0% Introductory APR for the first 18 Statement Closing Dates following the opening of your account for transactions made within 60 days of opening your account
                            • 3% Cash Back rewards in a selected purchase category.
                            • 2% Cash Back at grocery stores and wholesale clubs.
                            • 1% Cash Back on all other purchases.
                            • Learn more
                              Chase Freedom Flex℠
                              5
                              Cash Back, 0 APR, No Annual Fee, Daily use19.24% - 27.99%Either $5 or 5% of the amount of each transfer, whichever is greater0% Intro APR for the first 15 months that your Account is open
                            • 5% Cash Back on up to $1,500 on combined purchases in bonus categories each quarter you activate.
                            • 5% Cash Back on travel purchased through Chase Ultimate Rewards.
                            • 3% Cash Back on dining at restaurants, including takeout and eligible delivery services.
                            • 3% Cash Back on drugstore purchases.
                            • 1% Cash Back on all other purchases.
                            • Learn more
                              Citi Double Cash
                              4.53
                              Cash Back, No Annual Fee, Daily use18.24% - 28.24%Either $5 or 3% of the amount of each transfer, whichever is greater0% APR for 18 months from date of first transfer when transfers are completed within 4 months from date of account opening
                            • 2% Cash Back on every purchase with unlimited 1% Cash Back when you buy, plus an additional 1% as you pay for purchases.
                            • Learn more

                              Best credit cards for low income

                              Capital One Platinum Credit Card

                              The card is especially apt for people with subpar or non-existent credit. Once it hopefully improves, you can try your luck with another card, for example, to get lower rates or some of your expenses back.

                              Read more about Capital One Platinum Credit Card

                              Capital One QuicksilverOne Cash Rewards Credit Card

                              This card will appeal to those who don’t have a stellar credit score and appreciate its simple, consistent cash back rate that doesn’t involve rotating product categories. If you travel frequently, you will also appreciate the absence of fees on transactions outside the US.

                              Read more about Capital One QuicksilverOne Cash Rewards Credit Card

                              Upgrade Cash Rewards Visa®

                              Stable earners with a fair credit score and no preferences for cash back categories. Also a great choice for making purchases in foreign countries.

                              Read more about Upgrade Cash Rewards Visa®

                              Upgrade Triple Cash Rewards Visa®

                              Borrowers who have a stable income and solid credit, especially frequent buyers in the preferential categories.

                              Read more about Upgrade Triple Cash Rewards Visa®

                              Celtic Bank Surge® Platinum Mastercard®

                              Surge provides one of the few avenues for people with bad credit to pull themselves together, though the steep maintenance costs make it a poor long-term solution.

                              Read more about Celtic Bank Surge® Platinum Mastercard®

                              WebBank Petal® 2 “Cash Back, No Fees” Visa®

                              On the one hand, flexible requirements make Petal 2 Visa a perfect choice for credit building. At the same time, it is suitable for low income earners as it has no fees whatsoever. The same property makes it ideal for paying abroad.

                              Read more about WebBank Petal® 2 “Cash Back, No Fees” Visa®

                              The Bank of Missouri First Access Visa®

                              People are desperate to increase their credit scores. You are advised to switch to a different credit card at the first opportunity.

                              Read more about The Bank of Missouri First Access Visa®

                              Celtic Bank Indigo® Mastercard®

                              As nearly anyone may easily qualify, this is a valuable opportunity to rebuild your credit history and increase your creditworthiness. In addition, people new to credit (e.g. students and other young people) will find the card a reliable companion in building their record from scratch.

                              Read more about Celtic Bank Indigo® Mastercard®

                              Bank of America Cash Rewards

                              If your credit score substantially surpasses your income percentile, you can get generous rewards, no extra fees, and a long essentially free initial period.

                              Read more about Bank of America Cash Rewards

                              Chase Freedom Flex℠

                              This card can be a life-saver for trustworthy debtors. This is especially true if you eat out frequently or have medical prescriptions.

                              Read more about Chase Freedom Flex℠

                              Citi Double Cash

                              People with diverse needs who don’t have a strong preference for a particular product category may get greater returns from this card compared to more specific bonus systems. You do need a solid credit score, though.

                              Read more about Citi Double Cash

                              What to look for in a credit card for low-income earners

                              Since every cent counts, the best credit cards for people with low income are characterized by few or no maintenance fees and low rates. As an extra bonus, some cards grant a welcome period with 0% APR. Other fees to steer clear of include fees on late payments, foreign transactions, cash advance, and others.

                              Low income is often exacerbated by less-than-perfect credit. This may make most lenders unwilling to work with you.

                              icon-notification

                              In light of your precarious circumstances, you should take extra care to fulfill your duties: consider yourself under supervision.

                              People willing to show themselves trustworthy have no shortage of entry gates, usually involving a tradeoff such as inferior rates. They can help in building or improving your credit rating in order to increase your buying power.

                              Another feature of particular interest to the financially challenged reader is the cash back options. If you often buy in a specific category of goods (groceries, online shopping, car components, travel, etc.), look out for offers that give them preferential treatment. Some cards allow you to designate your favorite product category for higher-tier rewards.

                              What counts as income when I apply for a credit card

                              If you are employed, then, first of all, you should put your salary. If you receive unemployment benefits, specify these instead – they are typically taxed as income. In that case, make sure that your credit card provider requires no job verification. There are many alternative income sources, such as investments, retirement funds, stipends, support services for disabled people, insurance payments, etc. List everything you earn in your application – with modest means, you want to scrap the bottom to maximize your chances of success.

                              How can I get a credit card with low income

                              Most of the criteria used by creditors are not based on income. The foremost concern is the credit score. Therefore, strive to uphold it at all costs. This can be done by limiting your expenses, paying on time, and generally being an exemplary borrower. If your credit score doesn't inspire confidence, don't try to go after upper-end cards.

                              Some more tips that may help you qualify:

                              • If you are not officially employed, make sure to describe all of your sources of income in detail (for example, for people on disability benefits, this will be social security or insurance payments).
                              • Make peace with low limits.
                              • Consider a secured card. A weighty deposit can offset many of the potential flaws in your application.
                              • Find a co-signer who is more financially secure.

                              Can I lie about my income on a credit card application

                              You of course can, but that doesn’t mean you should. All information you provide will be subject to thorough checking and confirmation. Creditors have a great deal of experience in sussing out fraudulent applications, and you are unlikely to be the one who fools their defenses. Besides heavy damage to your reputation, this kind of purposeful deception can actually lead to legal repercussions.

                              Instead of resorting to something so reckless, consider building up a solid credit score by staying in line with your budget and always paying on time. Lenders will take notice and be much more inclined to greenlight the application in spite of your modest income.

                              FAQ

                              What are other credit cards to consider?

                              The great abundance of credit cards for people with low income means that this article couldn't possibly describe them all. The following list serves to exemplify some further options:
                              • Discover it® Student Cash Back – for students with no prior experience. 5% cash back in a chosen category, 1% otherwise. All interest is waived for the first year (then 17.24% - 26.24%). The points collected during the first year are doubled.
                              • Tomo credit card – a good credit-building tool at no APR – ever. Its place is taken by interchange fees. It’s a no-frills unsecured card suitable for newcomers.
                              • First Progress Platinum Select Mastercard® Secured carries an APR of 18.24%, about as good as it gets. The credit limit grows with the size of the security deposit.

                              Can I get a credit card with no income?

                              You may apply without any official income. This requires that you reach the age of 21. Some banks allow younger applicants on condition of having an adult co-signer. Of course, you need an alternative income avenue that can be documented. Even so, success cannot be guaranteed.
                              Applying for a credit card with no income whatsoever is only meaningful provided you have someone else’s earnings at your disposal, such as your spouse. If applicable, note this in your application.

                              What if I am late on a credit card payment?

                              The consequences of falling behind the due date should be outlined in your agreement. First, it may involve a late payment fee. Although some credit cards do not have any late payment fees, they may still cancel your welcome bonuses or drag down your credit rating. In any case, catch up to the best of your ability and contact the bank. A single misstep has a chance to be glossed over with no lasting repercussions.

                              Can I spend over the established credit limit?

                              If you are lucky, any such attempt will be rejected. Otherwise, it may incur a steep fee and deflate your credit score. Ideally, you should never get anywhere close to your limit. Besides punching a hole in your budget, it's bad for credit.
                              Myfin TeamMyfin Team

                              Author, editor

                              content@myfin.us