Don’t forget secured cards, which require an upfront deposit, and cards with regular monthly or annual fees, simply for having them, regardless of whether you use them or not.
Thats the kind of credit cards you get offered if you are bad with credit cards (cough most Americans are cough thats kinda the whole business model cough), or, if someone steals your identity and you either don’t have enough time or money or otherwise can’t sufficiently prove to credit reporting agencies / banks that that is what happened.
Go to a credit union. Your local credit union will offer better rates and good limits with low fees compared to big banks. My first card at 18 was a secured card, $500 limit and a 4% interest if you didn’t pay off your card. After six months it went to am unsecured ans $1500 limit. All with no fees.
Yeah, I know it can be hit or miss depending on your location, but I have had similarly good experiences with my local credit union… you just prove to them in a more old fashioned way that you’re responsible, and they’ll often be flexible with you in ways that banks aren’t.
Don’t forget secured cards, which require an upfront deposit, and cards with regular monthly or annual fees, simply for having them, regardless of whether you use them or not.
Thats the kind of credit cards you get offered if you are bad with credit cards (cough most Americans are cough thats kinda the whole business model cough), or, if someone steals your identity and you either don’t have enough time or money or otherwise can’t sufficiently prove to credit reporting agencies / banks that that is what happened.
Go to a credit union. Your local credit union will offer better rates and good limits with low fees compared to big banks. My first card at 18 was a secured card, $500 limit and a 4% interest if you didn’t pay off your card. After six months it went to am unsecured ans $1500 limit. All with no fees.
Yeah, I know it can be hit or miss depending on your location, but I have had similarly good experiences with my local credit union… you just prove to them in a more old fashioned way that you’re responsible, and they’ll often be flexible with you in ways that banks aren’t.