It can enable you to
get an unsecured card within a year if you make all your payments on time — the most important factor in your credit score.
If you truly can
not get an unsecured card, you should look into getting a secured card, which allows you to put down a sum of money as collateral and then get a credit card with a limit equal to that deposit amount.
Low Threshold for Application: It is usually easier to
get an unsecured card, which is especially important if the parents have credit problems.
The account will be secured with a deposit for at least 12 months, and after keeping your account in good standing you may be able to
get an unsecured card.
Rebuild it With These Secured Credit Card Offers — Using one of the best secured credit card offers can help you build, or re-build, and improve your credit an get you on your way to
getting an unsecured card.
If your credit score is too low to
get an unsecured card, try getting a secured credit card.
In that case, you will need to wait longer to
get that unsecured card.
Perhaps you attempt to
get an unsecured card and are still denied.
I was told I would
get an unsecured card 6 months to one year after the deposit.
Took about a year before I was able to
get an unsecured card, but no problems now and have great credit.