It can be difficult to improve your credit score without having positive credit account information reporting to your credit files. Easy approval credit cards provide an important element in building new credit and improving credit scores.
Here are the Top Easy Approval Credit Cards for 2013 that can help consumers build or rebuild credit with good payment history and management. If your credit score is 500 or above, you may qualify for one of the below credit cards:
Cerulean Discover® Credit Card
Apply for a real credit card designed for consumers with all types of credit histories. The Cerulean Discover® credit card carries the prestige of the Discover brand and can be used worldwide wherever Discover is accepted.
Build positive credit by using your credit card responsibly. Your on-time payments will be reported to the major credit bureaus. Enjoy the flexibility of making low monthly payments on all your purchases. Apply now for a decision.
Continental Finance Matrix Discover® Credit Card
Apply for a credit card designed for people with no credit, poor credit or limited credit. The Continental Finance Matrix Discover® credit card can be used wherever Discover is accepted. Build positive credit by using your credit card responsibly. The Continental Finance Matrix Discover® credit card accepts individuals of all credit types. There are no application or processing fees and customers have access to their accounts 24 hours a day making it easy to manage your account. Apply now for a decision.
USAA Secured Platinum American Express Card
According to a consumer survey, USAA Bank ranked highest among all credit card providers for customer experience. The USAA Secured Platinum American Express Card helps you build or improve your credit score. Your account will be secured by a USAA 2-year Certificate of Deposit (CD), an interest-earning deposit account that has a two-year term and a $250-minimum initial deposit.
Start building your credit – opening a CD lets you get a credit card even if you don’t have a credit history or have bad credit. Before starting your application, USAA will ask you a few questions to establish your online access and eligibility with USAA. If you are not eligible, USAA credit cards and other products may still be available. Qualify Now for the USAA Secured Platinum American Express Card!
Gettington is an online retailer with thousands of name brands. They offer flexible payment options with the Gettington credit card. There is no annual or over-limit fees; you get fraud liability protection so you can shop with confidence; an easy account management online; and you will get an instant credit response. Apply now the Gettington Credit Account
Open Sky Secured Visa® Credit Card
Get the card rated one of the top 7 best credit cards for bad credit by CNNMoney. The Open Sky Secured Visa® Credit Card does not require a credit check for approval and no checking account is required.
The Open Sky Secured Visa Card has a competitive interest rate of 14.25% and your credit line can range from $200 up to $3,000. There is an annual fee of $50 but compared with other credit cards this is quite reasonable.
With on-time payments you will rebuild credit because they report to the three major credit bureaus – Experian, Equifax and Transunion. Start today to rebuild or establish credit. The online application is quick and easy and all applications are considered. Apply Now!
Consumers seeking easy credit credit cards often overlook retail credit cards. One such retail credit card is the Fingerhut credit account. This is an easy credit credit account which offers consumers an opportunity to build credit while being able to purchase name-brand products. They carry electronics, computers, iPads, furniture, health & beauty, apparel, and even tools.
The Fingerhut credit account reports monthly payments to the major credit bureaus and with timely payments and account management, consumers with poor credit have the opportunity to build credit and improve credit scores. Enter your name and address and find out if you are approved for a Fingerhut credit account.
The USAA Secured Mastercard is a real credit card — not a prepaid or debit card, that helps you build or improve your credit score. When you apply — you’ll also be opening a USAA 2-year Certificate of Deposit (CD), an interest-earning deposit account that has a two-year term and a $250-minimum initial deposit. At any time you can add to the CD and it will increase your credit limit.
Your CD is a security deposit — the money you put in upfront, from $250 to $5,000, is the card’s credit limit. Earn interest on your CD — your deposit is guaranteed to grow. Plus the money is yours to keep as long as you don’t default on your payments. Start building your credit — opening a CD lets you get a credit card even if you don’t have a credit history or have bad credit. Apply instantly online.
The First Progress Platinum Elite MasterCard® Secured Credit Card
If your credit is really bad you may only qualify for a credit card that has no credit history or minimum credit score required for approval. Once you submit your refundable security deposit of $300 to $2,000, your credit limit is established. When your balance is paid you get your deposit back. Use your credit card for car rentals, hotels and anywhere credit cards are accepted. Apply today. *See Card Terms.
Using New Credit Accounts to Increase Credit Scores
Many times consumers will experience an immediate bump in their credit scores just by adding a new credit account to their files. Another way to boost your credit score is to never use more credit than you have available.
A simple method of keeping your credit balance to 30% or less of the available credit limit will help increase your credit scores. The credit scoring model likes to see lots of available credit along with low credit account balances. It shows you manage credit well and are a low risk for default.
This strategy to improve credit scores is really simple and works whether you have a $500 credit limit or a $5,000 credit limit. For example: (1) $500 credit limit – balance should be no more than $150 or (2) $5000 credit limit – balance should be no more than $1500. Now if you pay the balance in full each month, you will not need to use this strategy to improve your credit scores.
Lastly, do not get a new credit card just to keep it in your pocket! Consumers sometimes mistakenly think not using credit cards will help their credit scores. The credit scoring formula needs to see how well you manage credit. Not using your new credit account will result in no activity and nothing for the scoring formula to calculate.
