Many consumers with less than perfect credit may find it difficult to
qualify for a credit card limiting their ability to make purchases online, over the phone or in person at certain retailers.
You don't have to leave the account open forever, just long enough for you to rebuild your credit to the point that you can
qualify for a credit card on your own.
You must be 18 years old to
qualify for a credit card in the U.S. Those under 18 years old can get a credit card under an adult's account, while those between 18 and 21 years must meet specific requirements for a credit card of their own.
In addition, you'll
likely qualify for credit cards with a 0 percent interest introductory annual percentage rate, save thousands on a mortgage by obtaining a low interest rate, and enjoy periodic credit limit increases on your accounts.
To
qualify for a credit card hardship program directly through your bank; like Bank of America, Discover and Chase — you must be late on your monthly payment, but not where it negatively affects your credit report.
Frequently, however, disputed bills don't
qualify for credit card charge - backs, Feddis said, such as when trying to return a product that you received but decided you don't want.
Discover used to be one of NerdWallet's darlings because it allowed students to
qualify for a credit card by asking a parent to co-sign on the account, a rarity among major credit card issuers.
Again, you can't really control your salary as much, but know that the more you earn, the more likely it is you'll
qualify for the credit card of your dreams.
Consumers often assume they do not
qualify for any credit cards without shopping around, and rarely consider the option of a secured credit card, or a credit card tied to a bank account.
Amazon Reload is a great option for individuals who are interested in being rewarded for making purchases, but do not
qualify for credit card offers, or are not interested in applying for a card.
If you're wondering why your application for a mortgage loan was rejected or why you
only qualify for credit cards with sky - high interest rates, the answers might lie in your three credit reports.
If your credit score (FICO) is under 700 you may still be able to
qualify for a credit card at a higher annual percentage rate (APR) and may come with annual fees and a lower starting credit limit.
In general, those with the best credit scores will have the easiest
time qualifying for any credit card, but this is particularly true when it comes to the Chase Sapphire cards.
Get an easy to
qualify for credit card like the Indigo ® Platinum MasterCard ® reporting to your files if you have no current reporting creditors.