Why Can’t I Get Approved For A Credit Card With No Credit?

Best for No Credit Check: OpenSky® Secured Visa® Credit Card.

The easiest credit card to get with no credit is the OpenSky® Secured Visa® Credit Card.

There is no credit check when you apply, so approval is nearly guaranteed for anyone who’s at least 18 years old with enough income to afford monthly bill payments.

How do I get approved for a credit card with no credit?

Find banks that will approve you with no credit

  • You’ll Need to Have a Job.
  • Prequalify for a Credit Card.
  • Get a Student Credit Card.
  • Apply for a Store Credit Card.
  • Get a Secured Credit Card.
  • Get a Credit-Builder Loan.
  • Get a Co-Signer.
  • Become an Authorized User.

What is the easiest credit card to get with no credit?

Best Cash Rewards: Capital One QuicksilverOne. Best No Annual Fee: Capital One Platinum. Best for No Credit Check: OpenSky Secured Visa. Best Cash Back Secured: Discover Secured Credit Card.

Why was I not approved for a credit card?

There Are Too Many Inquiries on Your Credit Report

Applying for too many credit cards and loans within a short period of time can get your credit card application denied, regardless of whether you’re approved for the other credit cards. There’s no set number of inquiries that will prevent you from getting approved.

What is the easiest credit card to be approved for?

Easiest Credit Cards to Get Approved For

Best ForCard NameAnnual Fee
Low Annual FeeFirst Progress Platinum Elite Mastercard® Secured Credit Card$29
No Annual FeeFingerhut Credit AccountNone
UnsecuredCredit One Bank® Platinum Visa® for Rebuilding Credit$0 – $99
BusinessCapital One® Spark® Classic for Business$0

2 more rows

Can I get a credit card with no income?

Being unemployed doesn’t automatically disqualify you from getting a credit card. They also look at your credit history, credit score and existing debt. You can meet the income requirement even without a job by including on your application any income you have access to. Even if your income comes up short, rest easy.

Can I get an unsecured credit card with no credit?

WalletHub makes it easy to find the best unsecured credit card for you. Unsecured credit cards do not require a security deposit to open an account. That means nearly all credit cards are unsecured. But the lower your credit score is, the more likely it is that you’ll have to pay an annual fee to get an unsecured card.

Why did my credit card application get declined?

If you were denied because of your credit score, the credit card issuer would send a copy of the credit score and the top factors contributing to your credit score. You could also be denied for a reason unrelated to your credit, like your income or employment history.

Why would my credit card application be declined?

Also, minimize your credit inquiries because applying for too many credit cards and loans within a short period of time can get your credit card application denied. If you are too young or too old, chances of credit card application being declined are higher.

What happens if you get denied for a credit card?

When you get denied for a credit card, an account doesn’t get opened. Soft inquiries won’t impact your scores, but hard inquiries, which are the type that occur when you apply for a loan or credit card, will. Your credit scores could be impacted if you have too many inquiries in a short time frame.

What is the easiest way to get approved for a credit card?

Seven Steps to Getting Approved for a Credit Card

  1. Know your credit score.
  2. Check your actual credit report for free.
  3. 3. Make all of your monthly payments on time.
  4. Pay down your debts.
  5. Search for the right credit card offer.
  6. Consider a secured credit card as your last resort.
  7. Use credit wisely and never give up.

Can you get a credit card with a 550 credit score?

3 Other Unsecured Credit Cards for Bad Credit (Scores 550 – 650) Unsecured credit cards offer the best rewards, the lowest interest rates, and don’t require a security deposit to open an account. In that case, apply for a secured credit card and try for an unsecured credit card when your score improves.

Can you get a Walmart credit card with bad credit?

One big appeal of the Walmart credit card is that those with limited or lower credit scores can be approved. Even with no credit or poor credit, you’ll still likely qualify for the Walmart store card. Customers with FICO scores as low as 550 can usually be approved.