A "subprime card" is a type of credit card that is offered to people with low credit scores or limited credit history. It often has less favorable terms and higher interest rates compared to regular credit cards. Full definition
The three main types of credit cards available to those who need a second chance are unsecured subprime cards, closed - loop store cards, and secured credit cards. (badcredit.org)
Annual fees rose somewhat, with subprime cards seeing the largest increases. (creditcards.com)
All of these cards are typical of subprime cards in that they require a money upfront, which may include application fees, annual fees or processing fees. (badcredit.org)