If you do not have excellent credit, you might not get the best rates for credit cards. However, good cards can still be found. You can get a credit card with competitive rates and great rewards if you have fair credit. Here are some of the best credit cards for people with fair credit.
1. Chase Freedom
This card does not charge an annual fee and has a great cash back program. You can get 5% cash back on certain categories and 1% on other purchases. After you spend $500 in the first 3 months, you will earn a $150 bonus. For 15 months, the card carries and introductory fee of 0% APR and balance transfers. After the introductory period, the APR will be between 14.24%-23.24%. You can get approved for this card without excellent credit, and you do not need a lengthy credit history. Cash back rewards do not expire. Customers have been approved for this card with credit scores as low as 600.
2. Capital One QuicksilverOne Cash Rewards Credit Cards
With this card for people with less than perfect credit, you will receive a $100 cash bonus after you spend $500 within the first 3 months. The card offers 1.5% cash back on all purchases. There is an annual fee of $39. You will receive an introductory 0% APR on purchases and balance transfers for 9 months. The APR after the introductory period is between 13.24%-23.24%. In addition, when you pay for an Uber ride with your card, the 10th ride is free up to $15. It is recommended that you have a credit score of at least 630.
3. Milestone Gold MasterCard
With this card, you can get pre-approved with no impact to your credit score. You could even get approved for this card if you have had bankruptcy in the past. The APR is fixed at 23.90%, and the annual fee is between $35-$99. If your card is lost or stolen, this company offers fraud protection. The recommended credit score is at least 630. The downside to this card is that it does not offer rewards; however, you can qualify if your credit is less than perfect. It can help you build your credit if you make regular payments. You can use the card for cash advances, but you will be charge 23.48%. You can receive customer assistance 24 hours of the day.
4. Credit One Platinum Visa Rewards Credit Card
You can earn 1% cash back rewards, and the card offers fraud protection. You can choose your payment date, and you will have the possibility for a credit line increase. The APR will be between 15.65%-24.14%. The annual fee is $99. You can be approved for this card with a credit score as low as 630. You can view your FICO credit score with your online statements, and you can be approved quickly for the card.
5. Barclaycard Rewards MasterCard
With this card for people with fair credit, you can earn 2 points on each dollar you spend on certain purchases. You will earn 1 point on all other purchases. There is no annual fee, and the APR is 25.24% You can redeem your points for cash, statement credit, or gift cards. You can redeem as soon as you have 1,000 points. You can receive access to your FICO credit score each month, and you will not pay for unauthorized purchases. You can use the card for balance transfers. You can be approved with a credit score as low as 630.