There is a lot of information about credit cards for those who have problems with a credit, or vice versa, a high credit rating. But there are a large number of people who are interested in fair credit cards.
Millions of people have a credit score of about 700, which is an average figure in the United States. If your credit has an average score, then you will probably also be interested in information of options for fair credit cards for average credit. We have made for you a selection of the best options, so read on if you want to know about them.
Capital One QuicksilverOne Cash Rewards
If you like to receive a part of your money spent on purchases back, then you will definitely like this credit card. QuicksilverOne will return you 1.5% of any expenses incurred through it. There is no need to choose any categories, just get a percentage of your money back.
Also, you will not need to worry about fees for foreign payments during your travels. In terms of cashback conditions, this card is one of the best options for fair credit cards.
But Capital One’s QuicksilverOne has its drawbacks. Some credit cards offer in some cases a cashback percentage of up to 5% for certain categories of goods. In addition, a fairly high interest rate in comparison with some types of credit cards and an annual payment of $ 39 may not be attractive to everyone.
You have to spend a lot of money with QuicksilverOne to make its use profitable for you. If you are going to use it daily for making various purchases and payments, then it will suit you.
Capital One Spark Classic for business
Spark credit card is one of the few business options among credit cards for fair credit. Capital One invites you to take advantage of opportunities that will be very useful for companies and people who run their own business.
You will be able to issue additional free cards for your employees, as well as a higher credit limit and annual totals of expenses and income. Spark offers you such nice functions as cashback, but its percentage is small – 1%, but without separate categories. Also there is no annual fee that is an undeniable advantage.
Capital One Platinum
If you are a responsible borrower, the Platinum card will be useful to you by offering quite high credit limits. Making on time all your monthly payments, in five months you can count on increasing the limit.
This is one of the fair credit cards, which do not charge for international transactions. This fact makes it a convenient way to pay for goods and services when you are abroad.
However, this card does not offer any rewards, although you will not have to pay an annual fee, which you would have to compensate. Also, you should remember about the timeliness of monthly payments, so as not to run into a high annual interest rate.
ABOC Platinum Rewards
Do you like fair credit cards at a rate of 0% per annum? In the first year of using ABOC Platinum Rewards you will receive it. After the first year, the interest rate will be from 14.15 to 24.15%, depending on the balance of your debt. Another pleasant moment will be for you the absence of an annual fee for using a credit card.
The card has a reward system, but it is expressed in bonus points tied to dollars spent. One point equals one dollar. You will receive 10,000 points if you make $ 1,000 purchases in the first 3 months. Bonus points can then be redeemed for various services, trips, gifts or to pay off debt.
Capital One Journey Student Rewards credit card
When students start their credit, it grows gradually, because the credit history is still very short. Also, students often make small mistakes that slightly lower their credit rating. Due to these circumstances, most students have fair credit.
Understanding this, Capital One specifically issued credit cards for fair credit Journey Student Rewards. This is one of many offers for students, but not so much of them are for fair credit. In a few months you will be able to increase your credit limit, subject to timely payment and maintaining a good balance.
Cashback 1% for all categories of purchases, supplemented by 25% of reward for timely payment of debt will make using the Journey Student Rewards card very convenient and enjoyable. You do not need to pay fees for foreign payments, which is especially important for those students who are going to study abroad.
DiscoverIt Chrome for students
This credit card offers rewards for students with a high score for tuition. Your average grade point must be above 3.0 so you can count on rewards. There is no annual fee for using DiscoverIt Chrome, and in the first six months you will not have to pay an interest rate, because at that time it is zero.
In conclusion about credit cards for fair credit
If you belong to those millions of people in the United States who have fair credit, then now you know about the best credit cards offered for you. Of course, their conditions are significantly different, but knowing your circumstances and the purpose of using, you will be able to choose the most suitable option.
Credit cards are useful for making daily purchases and paying online. They can help you repair or build your credit. If you need to solve a problem, then a higher interest rate on credit cards may be unprofitable.
To do this, it is better to use other types of loans with lower rates that will help you solve your financial difficulties. Use the form on our website to apply for a loan or write to us, and we will contact you to help you decide.