Unsecured Credit Cards for Bad Credit – What You Need to Know
If you have bad credit, you know the difficulties of finding unsecured credit cards that you qualify for based on your credit score that are not scams offered by predatory lenders such as First Premier and Continental Finance. If you need a credit card but have bad credit, you have found the right site. Welcome to Get Unsecured Credit Cards. We are a free resource for consumers with a bad credit history who are looking for a good deal on unsecured credit cards for people with bad credit.
Our site provides honest and straightforward reviews of the many sub-prime unsecured credit cards for bad credit. Our reviews will expose the true costs of each card, including the total cost to get the card reviewed as well as the ongoing costs to carry the card. These reviews will give you an overview that most consumers do not consider when looking at unsecured credit cards for bad credit.
When you start looking for a credit card for bad credit, you need to look at more than the initial credit limit or the fact that your going to be approved. You need to look at the initial costs. Costs for annual fee, account set up fees, account processing fees, monthly maintenance fees. All of the fees are often charged at the time your account is approved and processed. Your initial credit is then reduced (sometimes significantly) and your in debt before you even receive the card. For example, the Continental Finance MasterCard initial fees of $225 reduced your initial limit of $300 all the way down to $75 and this happens before you receive the cards. So once you apply (you will be approved), you are in the hole for $225. As you can see, start up costs for most of the unsecured credit cards for bad credit are horrible and will leave you in debt before you get your card.
The next thing you need to be looking at is the ongoing fees to carry the card for which your going to apply. These fees include monthly account maintenance fees and monthly participation fees as well as the annual fee (which can be billed yearly or monthly) and they can be just as expensive if not more. For example, the Applied Bank unsecured credit card has initial start up costs of $105 and ongoing fees of $305 (total yearly cost for annual and monthly participation fees). So to get an Applied Bank credit card, your going to pay $105 upfront and then $305 to keep that card. Oh and your credit limit is only $500.
Best Unsecured Credit Cards for Bad Credit
Fortunately, Credit One Bank has stepped up to provide affordable unsecured credit cards for people with bad credit. The fee schedule is very affordable compare to the other cards and the interest rate can be lower than some prime credit cards. The other great thing about the Credit One Bank® Credit Card with Gas Rewards unsecured credit cards is that there are none of those “junk fees” that most bad credit cards hit you with on a monthly basis. Take a look at the stats of the Credit One Bank® Credit Card with Gas Rewards credit cards for bad credit below.
Interest Rates – 23.90%
Annual Fee – $75 1st year and $99 each year after
No Junk Fees – This no account maintenance fees or participation fees, no acceptance fees or other scam fees that are designed to eat up your money and get you in debt before you ever get the card.
Build or Rebuild Your Credit – Credit One Bank reports your account history to all 3 credit bureaus as unsecured every month
Free Monthly Credit Score – Maintain your account and start rebuilding your credit and watch your credit score monthly.
1% back on all gas purchases
No limit to the gas rewards you can earn
Rewards post to your account automatically each month
Get pre-qualified without affecting your credit score
Make your first six payments on time and get a credit line increase
Keep an eye on your credit information with free online monthly credit score tracking
Choose your card design from our premium gallery
Email or text alerts to remind you when your payment is due
As you can see, the Credit One Bank® Credit Card with Gas Rewards clearly provides the most affordable credit cards for bad credit and the best choice for you to build or rebuild your credit history. If you are serious about rebuilding your credit and securing a strong financial foundation for your life, get the Credit One Bank® Credit Card with Gas Rewards and repair your bad credit history today