Sentences with phrase «prime credit card»

If you have a low credit score, you will not be eligible for prime credit cards.

Like their scores, these consumers exist in a bit of a middle ground, with the potential to qualify for a limited array of prime credit cards — but by a narrow margin.

This means most prime credit card issuers won't feel comfortable offering you unsecured credit, so your credit card options will likely be limited to secured credit cards or subprime unsecured credit cards.

Those with bad credit are the most likely to be turned down for a big - bank prime credit card solely due to their potential credit risk.

Thanks to their healthy histories, good credit applicants are likely to be approved for many prime credit cards, including great travel and cash back cards.

This credit card offers a ton of great benefits as Chase's prime credit card offering for hotel rewards.

While you'll likely still qualify for some of the more basic or entry - level prime credit cards, depending on which end of the fair - credit spectrum you fall, you may also need to look into secured credit cards or subprime cards to build credit.

Citibank offers some of the best prime credit cards today, in a wide range of categories.

Amazon has already started selling Whole Foods products on its flagship site, testing on - demand delivery of those groceries, and offering rewards to Prime credit card holders.

Discover is also one of the more accessible prime credit cards available in the marketplace — you'll need at least a fair credit score to get yourself approved for one of these cards.

The truth is, these credit cards, known as prime credit cards, are not a thing of the past; they just simply aren't as easy to get as they used to be.

Now that the economy is beginning to show signs of stability, you can be sure that those lenders that survived one of the worst economic recessions in U.S. history will be extremely careful when determining who can carry prime credit cards and who can't.

In October 2005, Washington Mutual purchased the formerly «subprime» credit card issuer Providian for approximately $ 6.5 billion, although Providian's new management team's strategy of targeting Prime credit card consumers had been underway since 2001, therefore the credit card unit's nonperforming loan portfolio had improved significantly prior to the company's sale to WaMu.

Student credit cards can be a way to get started using credit, as they tend to be more forgiving of shorter credit histories than other prime credit cards.

As a result, it'll be very difficult to qualify for a regular prime credit card, making subprime and secured credit cards likely your only option until you can build a better credit score.

Selecting a card with fair credit will definitely start by identifying cards designed for credit - builders, be it a flexible prime credit card or a subprime card.

Overall, the Capital One ® Platinum credit card is a solid choice for an entry - level prime credit card, particularly for those applicants with fair or limited credit who would otherwise need a subprime credit card.

Located somewhere in credit card limbo between those who easily qualify for prime credit cards, and those who are relegated to the subprime credit card market, fair - credit consumers are fairly likely to be rejected due to a troubled — or very limited — credit history.

Prime credit cards are starting to underperform sub prime at HSBC.

While it is much better to have a prime credit card than a subprime card, the truth is harsh: when it comes to getting a credit card, many people are going to be left out in the cold by prime lenders.

Let's take a look at what it takes to obtain a prime credit card in today's market:

If you've got some late payments, a collections account or two, or a foreclosure on your credit history, you might as well leave the prime credit card companies alone.

The best thing you can do to help you secure a prime credit card is to strengthen your financial position and improve your credit score, else you'll just have to accept paying more for a subprime credit card product.

CREDIT CARDS An individual with bad credit will not be able to obtain a prime credit card.

However, if your credit history is sparse or you're trying to recover from bad credit, you may find it difficult to get approved for a prime credit card (e.g a traditional card).

As the ideal consumer for most of the prime credit card market, those with good to excellent credit scores (FICO scores above 680) often receive their pick of the available options.

For some consumers, the field of options may be limited by a poor credit score, as most consumers with FICO scores below 600 are unlikely to be approved for a prime credit card.

If you have an Amazon Prime credit card, this is a great opportunity to use it.

Happily, those with good credit can still qualify for most of the prime credit cards that are available to those with excellent credit, including quality rewards cards and intro - APR offers.

Although Discover's best APRs and highest limits go to the most qualified applicants, the issuer has fairly flexible credit requirements for a prime credit card issuer.

While some cards aimed specifically at those with excellent credit may be out of reach, the rest of the prime credit card market will typically be up for grabs.