5 Recommended Credit Cards for People Seeking Fair Credit
Capital One Quicksilver One Cash Rewards Credit Card
Individuals with fair credit can still reap the benefits of rewards with a Capital One Quicksilver One Cash Rewards Credit Card. Some members may qualify for a 0 percent introductory rate on all purchases and balance transfers, and may even receive 1.5 percent cash back on purchases. As of 2015, interest rates may be as high as 22.9 percent, based on the cardholder's creditworthiness. All cardholders are assessed an annual fee.
Barclaycard Rewards MasterCard
The Barclaycard Rewards MasterCard offers many cardholders two points per dollar on purchases related to utility bills, gas and groceries and one point per dollar on all other purchases. Cardholders are never required to pay an annual fee, even if they have fair or average credit. Annual percentage rates may be as high as 24.99 percent on purchases, however, depending on the applicant's credit score and history.
NFL Extra Points Credit Card
Individuals with average credit may be able to obtain an NFL Extra Points Credit Card that features a $0 annual fee and cash back rewards. Cardholders earn two points for every dollar they spend on team and NFL merchandise and one point for every dollar spent on anything else. Sports fans can also qualify for 20 percent off of purchases made at the NFL Shop. Points can be redeemed as statement credit.
People with fair credit seeking a credit card to transfer balances can opt for the Chase Slate card. Chase offer some cardholders a $0 introductory balance transfer fee for the first 60 days and a 0 percent introductory APR on purchases and transfers for a specified period of time. Chase cardholders are provided free access to their monthly FICO scores. There is no annual fee.
Applicants with fair credit may be eligible for the Discover it
There are many options available to individuals with fair credit who are willing to work to improve their credit scores. Obtaining a credit card and maintaining a low balance with on-time payments is an important step in the right direction.