- Centurion Member
- Posts: 3963
- Joined: Thu May 08, 2014 7:42 pm
- Location: United States
VivianaZariah wrote:Hi there, I've been reading this website; and I have a bad credit history due to college; its 500. I'd like to not have to worry about a Secured fee, is there any hope for me?
Just to be clear, are you talking about the security deposit or the fee on the card?
If you mean the security deposit, and you don't have $300 cash (or whatever amount) to offer as collateral, then stick with cash for now, since most debit cards will have fees.
If you mean you don't want to pay the $30ish annual fee for a secured card, then you should know that unsecured cards like First Premier will have much
higher annual/monthly/activation/application fees than secured cards.
It is highly unlikely that any issuer will give an unsecured card without a fee to someone with a 500ish FICO (and that assumes your credit score is a real FICO and not based on some other metric where a 500 might not be that bad).
Keeping indefinitely: IHG, SchwabPlat, CSP, Discover, Freedom, ED, BCE, Hyatt
May close or PC: Prestige, Arrival, BrooksBros
AA Platinum converting into Costco
Might add: Proper business card, CSR, Ritz, Delta Gold, First Tech
Letting new accounts cool off since May