Bad Credit Credit Cards

Credit cards, often considered the factor that can either make or break one’s financial status, till now, were meant for people with a good credit history and a clean repayment record. But the recent times have seen the appearance of a different set of credit cards that do not necessarily depend upon the credit history of a person; as a matter of fact, these special bad credit credit cards can even repair a bad credit. There are several bad credit credit cards available under this category, which are again broadly classified into:

• Secured bad credit credit cards: Requires a collateral, which can be any movable or immovable property and/or a security deposit. Both must be equal to or greater than the credit amount.
• Prepaid bad credit credit cards: One of the prime features of the prepaid bad credit credit cards is a very low credit line ($250 or so), which are often accompanied by not-very-small activation-related charges. More similar to debit cards, the cardholder's credit line depends on the amount transferred to the card, thereby reducing the risk of running into credit card debt. Finance fees usually do not come to play, but other fees (monthly charges; startup or application fees; over-limit fees or ATM fees) may apply.

With a bad credit credit card, a person needs to follow certain steps that are mentioned below:

• Before the card arrives, it’s a must to keep paying all other bills on time to build up the habit.
• One card attracts others, therefore, its better to refuse politely the rest.
• A credit card with an annual fee must be kept at bay at any cost. There are lots of bad credit credit cards, which don't charge annual fees.
• Overspending is a temptation that must be fought, especially with a bad credit credit card.

Following bad credit credit cards are recommended to those who are willing to re-build their credit history:

Orchard Bank Platinum MasterCard

• No up front fees
• Premium Platinum benefits including Purchase Protection
• Reports to all 3 credit bureaus monthly.

Orchard Bank Gold MasterCard

• Gold card privileges and benefits
• Reports to all 3 credit bureaus monthly

Orchard Bank Silver MasterCard

• Reports to all 3 credit bureaus monthly, which can help improve your credit score
• Free Online 24-hour Account Access and Bill Pay
• Periodic credit limit increases

Orchard Bank Secured MasterCard

• Reports to all 3 credit bureaus monthly, which can help improve your credit score
• Free online 24-hour Account Access and Bill Pay w/ online application and security deposit
• Set your own credit limit
• FREE ShareBuilder Investor Starter Kit!

Centennial® Gold MasterCard® / Visa®

• Monthly reporting to 4 major credit bureaus
• Low APR on purchases!
• Get the prestige of a GOLD MasterCard/Visa

Centennial Visa or MasterCard®

• Low APR on Purchases
• Reports monthly to 4 Major Credit Bureaus
• 24 hour account access by phone

First PREMIER Bank Gold MasterCard® / Visa®

• Quality Customer Service
• Low APR on purchases

Eufora® Pre-Paid MasterCard®

• Credit Bureau Reporting
• Load funds online
• Zero Liability
• Global Customer Assistance
• Auto Sweepstakes Entry

The Vaya™ MasterCard® Card

• Prepaid, with easy loading options
• Guaranteed Approval
• No credit check, bank account or security deposit required
• No interest charges or late fees
• Free Direct Deposit

Secure Deposit Card Prepaid MasterCard Card

• No Credit Checks
• Bankruptcy OK
• Poor Credit, No Problem
• No Employment record Required

Sterling Prepaid Visa Debit Card

• Bankruptcy OK
• Poor Credit, No Problem
• No Credit Check

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