Best No Credit Check Credit Cards
If your credit score ranges from 300 to 579 (which is considered bad credit) or you have no credit history, to begin with, you might want to look into credit cards that don’t need a credit check. Instead, they’ll only allow you to borrow up to the amount you’ve placed with the issuer, or they’ll link your account to your bank account so you may withdraw funds immediately.
Fee-harvester cards and regular secured credit cards are no longer your sole alternatives if you have bad credit. They tend to favor those with average or fair credit scores to ensure that the borrower would be able to pay the lent money time. Hence, it would be best if you looked into no credit check credit cards, which would allow you to lend money without having a credit history or without conducting an extensive credit check on you.
To assist you in making an informed selection, we’ve compiled a list of some of the best credit cards available that don’t need a credit check when you apply.
4 Best Credit Card With No Credit Check
These cards will be your best choice if your credit score isn’t great—or if you don’t have one at all—and you want to get accepted for a credit card without a credit check.
1. GO2Bank Secured Credit Card
The GO2bank Secured Credit Card is an alternative for people with bad credit. The GO2bank credit card has no annual charge. You may select your credit limit by depositing at least $100 in an initial and refundable security deposit, serving your credit limit.
To apply, you should have a GO2bank account and at least $100 in direct deposits in the last 30 days. There will be no credit check when you apply, and the minimum security deposit is $100, which is rather cheap among secured credit cards. Your credit limit is set by the amount you deposit.
You may also acquire a monthly credit score from VantageScore, sponsored by Equifax, to regularly track your progress toward increasing your credit score. GO2bank will also send your credit score to the three major credit agencies once a month. The card levies a 22.99 percent annual percentage rate (APR) on accounts not paid in full.
2. OpenSky® Secured Visa® Credit Card
The OpenSky® Secured Visa® Credit Card is a standard secured credit card perfect for people who have bad credit. It is one of those very few secured credit cards that doesn’t require a credit check or a bank account to qualify. It also allows you to carry a balance and records payment to all three credit agencies.
You may pick your credit limit on the OpenSky Secured Visa Credit Card, ranging from $200 – $3,000. The credit card issuer reports all your payments to all three major credit bureaus—Equifax®, Experian®, and TransUnion®—to assist you in establishing credit, and you will be required to put down a $200 security deposit.
OpenSky Secured Visa card has an annual rate of 17.39 percent and a $35 annual fee.
3. Chime Credit Builder Visa® Credit Card
The Chime Credit Builder Visa® Credit Card eliminates the limits of typically secured credit cards for persons with bad credit or no credit. To acquire the card, you’ll need a Chime Spending Account, a free bank account that lets you receive direct payments. To prove that you have an active source of income, you’ll need at least $200 in direct payments to the Chime Spending Account in the last 365 days.
However, unlike many secured credit cards, this one does not need an upfront security deposit, so you won’t be spending $200 that will be covered and inaccessible for an indefinite period of time.
You also have control over the money you spend. The amount of money transferred from your Chime Spending Account to your Credit Builder protected account sets your credit limit.
So, if you transfer $25 to your protected account, you’ll be allowed to use the card to spend $25. You may use the money in the secured account to pay off the amount, and those payments will help you develop credit. For example, if you used your secured card to pay $15 in petrol, you could use the same $25 to pay off the $15.
All three main credit bureaus receive information about your payments.
To qualify for the Chime Credit Builder Visa® Credit Card, you must have a Chime Spending Account. It’s free to get one, but it does take a little more effort than just applying for one. Furthermore, if you wish to carry an amount from month – to – month, this card does not enable you to do so.
4. Tomo Credit Card
The Community Federal Savings Bank’s Tomo Credit Card is suitable for individuals with bad credit or no credit.
The Tomo Card is unlike many of the other cards on our list in that it does not demand a security deposit, an annual fee, or an APR rate. On top of that, it earns 1% cashback on all transactions.
It pays 1% cashback and, depending on eligibility, may provide a credit limit of up to $10,000. The business behind the card, TomoCredit, has unique technology that considers various factors, including income (or anticipated income), account balances, and contact information.
The bank then uses this information to decide whether or not you are a good choice for the card. You must link at least one account with Plaid, a third-party service provider, in order to give this information.
Tomo will check your bank account to calculate your credit limit, which will be between $100 and $10,000. It sends reports to all three credit bureaus, and your account is set up to pay every week automatically, so you don’t have to worry about carrying a balance and paying interest.
TransUnion, Equifax, and Experian are the three major credit bureaus that receive payment information. Since these organizations gather the information required to generate your credit ratings, this is a must-have feature when you are seeking to build new credit.
Final Word
Even though banks tend to issue credit cards to those with better credit scores, there are still numerous options for no credit check credit cards for those with bad credit or no credit history. All the banks mentioned above issue credit cards with no credit check in this article.
You still have choices, but they aren’t as many as they would be if you had a better score. For that reason, you can work on improving your credit score to get more credit card options and not be limited to a handful of credit card companies that issue a credit card with no credit check.
