2017 RANKING & REVIEWS
TOP RANKING BEST BAD CREDIT CREDIT CARDS (UNSECURED) TO BUILD CREDIT


Use Unsecured Credit Cards to Rebuild Credit with No Deposit 

If you have found yourself with no credit or bad credit, you may feel like there is nowhere to turn to receive a credit card and start building up your score. How are these individuals supposed to improve their credit score if nobody offers them credit? That is where unsecured credit cards for rebuilding credit come in.

Some lesser-known companies offer these unsecured credit cards for no credit and poor credit so that people have the opportunity to start creating the credit card they want to see. However, some unsecured credit cards for rebuilding credit may seem too good to be true.

Award Emblem: Top 6 Best Unsecured Credit Cards to Rebuild Credit

That is why we, at AdvisoryHQ, have created the ultimate 2017 guide to the best unsecured credit cards to rebuild credit. By the end of this article, you will know which credit rebuilding credit cards (unsecured) you should choose, and you will also get some answers to your questions about bad credit credit cards (unsecured) to build credit:

  • Can you get unsecured credit cards after bankruptcy?
  • Are there any unsecured credit cards for bad credit with no processing fee?
  • What are the best unsecured credit cards for rebuilding credit with lower APR?
  • Do any unsecured credit cards for rebuilding credit offer cash back or rewards?

The answers of these questions and more will follow in this 2017 ranking of unsecured credit cards to rebuild credit with no deposit.

See Also: Top Credit Cards to Build Credit | Ranking & Reviews | Credit Cards for Building Credit



AdvisoryHQ’s List of the Top 6 Best Unsecured Credit Cards to Rebuild Credit

List is sorted alphabetically (click any of the credit card names below to go directly to the detailed review section for that credit card):


Top 6 Best Unsecured Credit Cards for Rebuilding Credit| Brief Comparison & Ranking

Unsecured Credit Card for Poor Credit

APR Ranges

Annual Fee

APR

Penalty

Credit One Bank® Platinum Visa

15.65–24.15%

$0 – $99

NONE

First Access VISA® Credit Card

29.99%

$48

NONE

First PREMIER® Bank MasterCard Credit Card

36%

$45 – $9

NONE

Indigo(R) Platinum MasterCard®

23.90%

NONE

29.90%

Milestone® Gold MasterCard®

23.90%

$35 – $99

29.90%

Total Visa®

29.99%

$49

NONE

Table: Top 6 Best Bad Credit Credit Cards (Unsecured) To Build Credit| Above list is sorted alphabetically



Understanding Secured vs. Unsecured Credit Cards for No Credit

One of the best ways to understand how the best unsecured credit cards to rebuild credit work is to compare them to secured credit cards.

With a secured credit card, you put up your own security deposit as collateral against your credit card. This allows you to build credit and have reports sent to all the major credit bureaus even if you have no credit or poor credit.

bad-credit-credit-cards-unsecured-to-build-credit-min

Image Source: Best Unsecured Credit Cards to Rebuild Credit

Unsecured credit cards for rebuilding credit do not require any deposit. They allow you to apply no matter your current credit standing. Unsecured credit cards after bankruptcy are even possible. This is all offered in exchange for high fees and high annual percentage rates (APR). It is extremely rare to find unsecured credit cards for bad credit with no processing fee, annual fee or even monthly fee.

Our list of the best unsecured credit cards for rebuilding credit are not necessarily the best credit card deals of all time. They have higher APR and fee rates, but they are some of the top choices you will find within the unsecured credit cards for rebuilding credit category.


Are Unsecured Credit Cards for No Credit Scams?

Most of these unsecured credit cards for rebuilding credit come from lesser-known credit card companies. Most of these credit rebuilding credit cards (unsecured) have such high rates and fees.

For these reasons, people may wonder if unsecured credit cards to rebuild credit with no deposit are a scam. They may worry if they should get unsecured credit cards after bankruptcy or after college.

The truth is these bad credit credit cards (unsecured) to build credit are actually recognized as true credit cards, but you do have to accept them on their own terms. The fees will seem terrible and the APR will seem high, but they offer you a chance to build your bad credit without needing a deposit.

If you are up for the terms, you will find the best unsecured credit cards to rebuild credit might be the top option for you, at least for a short time.



AdvisoryHQ’s Selection Methodology

What methodology does AdvisoryHQ use in selecting and finalizing the credit cards, financial products, firms, services, and products that are ranked on its various top rated lists?

Please click here “AdvisoryHQ's Ranking Methodologies” for a detailed review of AdvisoryHQ’s selection methodologies for ranking top rated credit cards, financial accounts, firms, products, and services.

Don’t Miss: Top Starter, First, Beginner Credit Cards for Beginners | Ranking | Good First Credit Cards


Detailed Review – Top Ranking Best Unsecured Credit Cards to Rebuild Credit

Below, please find the detailed review of each credit card on our list of unsecured credit cards for no credit or bad credit. We have highlighted some of the factors that allowed these unsecured credit cards to rebuild credit with no deposit to score so high in our selection ranking.



Credit One Bank® Platinum Visa Review


First up on our list of unsecured credit cards for rebuilding credit is the Credit One Bank® Platinum Visa card. Not only does this unsecured credit card for poor credit have the lowest APR, it also offers a cashback rewards program, easily making it one of the best unsecured credit cards to rebuild credit.

These unsecured credit cards to rebuild credit with no deposit allow you to earn 1% cash back on all eligible purchases, which include gas, groceries, mobile phone services, Internet, cable, and more. While this is one of the unsecured credit cards for bad credit with no processing fee, you may have to pay a high annual fee.

Bad Credit Credit Cards (Unsecured) to Build Credit #1: Other Info

  • Free monthly credit reports 
  • Fraud protection services


First Access VISA® Credit Card Review


Next up on our list of some of the easiest unsecured credit cards to get is the First Access VISA® Credit Card. While you will have to pay an $89 processing fee, a $75 first year annual fee ($48 after that), and a monthly servicing fee after the first year of $6.25 per month, these are still valid unsecured credit cards for no credit or bad credit.

Of course, this is not one of the best credit card deals of all time, and it is not for those looking for unsecured credit cards for bad credit with no processing fee; however, for those who desperately need to build and/or raise that credit score, this is one of the best unsecured credit cards to rebuild credit that you can find on the market.

Bad Credit Credit Cards (Unsecured) to Build Credit #2: Other Info

  • Easy online application 
  • Can be used online or in stores

Related: Top Credit Cards for Good & Average Credit | Ranking & Reviews



First PREMIER® Bank MasterCard Credit Card Review


When it comes to unsecured credit cards for rebuilding credit, the First PREMIER® Bank MasterCard Credit Card is one of your options. Like the First Access Visa, the biggest downside to this card is all the fees attached.

This unsecured credit card for poor credit comes with a high APR, a one-time processing fee of $95, annual fees, and monthly servicing fees. However, for those with no credit or poor credit, this may be the easiest unsecured credit card to get when you are looking for credit building options.

Bad Credit Credit Cards (Unsecured) to Build Credit #3: Other Info

  • Lets you know if you are approved within 60 seconds for those interested in guaranteed approval for unsecured credit cards
  • Cancellation is allowed at any time 
  • Credit limit increases are possible


Indigo® Platinum MasterCard® Review


Without a doubt, one of the best unsecured credit cards to rebuild credit is the Indigo® Platinum MasterCard®. With these credit rebuilding credit cards (unsecured), you will find some of the lower costs and fees.

As one of the unsecured credit cards for bad credit with no processing fee, you also do not have an annual fee, which is rare among unsecured credit cards for rebuilding credit. And though the APR (23.9%) is high compared to most credit cards, it is one of the lower rates among the best unsecured credit cards for rebuilding credit.

Bad Credit Credit Cards (Unsecured) to Build Credit#4: Other Info

  • Mobile banking access
  • Pre-qualification can occur in 60 seconds for those interested in guaranteed approval for unsecured credit cards
  • Custom card design is free

Popular Article: Best Prepaid Credit Cards | Ranking | Prepaid Credit Cards That Build Credit



Milestone® Gold MasterCard® Review


Next up on our list of the best unsecured credit cards to rebuild credit is the Milestone® Gold MasterCard® from MidAmerica Bank & Trust Company. This unsecured credit card for poor credit also offers one of the lower APR rates (23.9%) for those who will carry a balance from month to month.

One of the things that makes these credit rebuilding credit cards (unsecured) advantageous is the access to MasterCard benefits, including rental insurance, warranty coverage, and roadside assistance. For unsecured credit cards for rebuilding credit, this can be a decent option.

Bad Credit Credit Cards (Unsecured) to Build Credit #5: Other Info

  • Quick qualification process for those interested in guaranteed approval for unsecured credit cards
  • Free online account access 24/7 
  • Custom card design is free

Total Visa® Review


For the final card on our list of unsecured credit cards for rebuilding credit, we have the Total Visa® card. Like most of the other unsecured credit cards for no credit, the Total Visa does have a high APR, an annual fee, and monthly servicing fee.

This is also not one of the best options for those looking for unsecured credit cards for bad credit with no processing fee. However, if you want unsecured credit cards to rebuild credit with no deposit, the Total Visa is still a good option to consider.

Bad Credit Credit Cards (Unsecured) to Build Credit #6: Other Info

  • Pre-qualification can occur in 60 seconds for those interested in guaranteed approval for unsecured credit cards
  • Note that having a checking account is required

Conclusion – Top 6 Unsecured Credit Cards for Rebuilding Credit

Now you have a glimpse into some options for bad credit credit cards (unsecured) to build credit. While you can see that these unsecured credit cards for rebuilding credit do not necessarily have the best offers when it comes to fees and interest, credit rebuilding credit cards (unsecured) can be your ticket to better credit.

But which one is right for you? Here are a few points to think about if you know that choosing one of the best unsecured credit cards to rebuild credit will be in your near future:

  • Do you often carry a balance from month to month? If so, the easiest unsecured credit card to get would be one with low APR. You will save significant money on interest each month.
  • Are you trying to avoid all fees? Pay attention to unsecured credit cards for bad credit with no processing fee or annual fee.
  • Do you hope to get some rewards? If so, choose one of the best unsecured credit cards for rebuilding credit that offers cash back (Credit One).

Once you have decided which unsecured credit card for poor credit is right for you, apply online, see your approval, and start building back up your important credit score with one of these best unsecured credit cards to rebuild credit.

Read More: Top Credit Unions Credit Cards | Ranking | Best CU Secured & Unsecured Credit Card Offers



AdvisoryHQ (AHQ) Disclaimer:

Reasonable efforts have been made by AdvisoryHQ to present accurate information, however all info is presented without warranty. Review AdvisoryHQ’s Terms for details. Also review each firm’s site for the most updated data, rates and info.

Note: Firms and products, including the one(s) reviewed above, may be AdvisoryHQ's affiliates. Click to view AdvisoryHQ's advertiser disclosures.