How To Get A Credit Card Without Credit

One of the most important factors when applying for a credit card is credit history. If you don’t have a history of credit, then your options will be limited. However, there are still “beginner” credit cards out there that you can choose from to help yourself establish credit.

Continue reading as we discuss what you can do to get a credit card without credit.

What Does Having “No Credit” Mean?

Having no credit means not having a credit history. You’ve never paid for anything with credit, such as a car loan or credit card.

When you apply for a credit card, issuers will factor things in like your income, your credit score, and your current employment. Your credit history can have a big impact on your credit score, meaning it will likely influence the way in which credit card issuers want to work with you or work with you at all.

How To Get A Credit Card Without Credit
How To Get A Credit Card Without Credit

What You Should Look For In A First Credit Card

If you don’t have any credit history, you’ll want to look out for certain elements that can help you manage your spending while building credit.

For starters, you should look for a credit card that does not have an annual fee, as you likely don’t want to have to spend your money just because you’re carrying a card around. You’ll also want to make sure that the credit card you have has an issuer that reports to the three major bureaus so that you can build credit across the entire range.

Doing so will increase your chances of getting better loans and cards in the future.

Best Credit Cards For Beginner Credit Builders

Starter cards are good if you’re trying to build credit without history.

Student credit cards are great for college students who have never had a credit card and are looking to build credit. They also come with helpful perks and rewards.

You can also look at secured credit cards, which you must make a security deposit on to open up. The credit limit on these cards is often defined by the amount of money you put down for your security deposit.

Become An Authorized User

Of course, if you want to build credit before you apply for a credit card, you might consider applying for authorized user tradelines. As an authorized user on someone else’s tradelines, their on-time payments and low credit utilization ratio benefit your reports.

Final Thoughts

If you want to look like a responsible borrower to credit card issuers so you can get the best credit card possible, it is crucial to consider how your credit score looks beforehand.

Here at Boost Credit 101, we specialize in helping people like you potentially raise their credit scores with high-quality tradelines. Make sure to reach out to us with any further questions. We look forward to helping you reach your financial goals.