What is the easiest unsecured card to get approved for?

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RebelGamer137
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What is the easiest unsecured card to get approved for?

Postby RebelGamer137 » Sat Dec 01, 2012 11:42 am

I am looking for a good first unsecured credit card. I am NOT interested in a secured credit card. I have tried for several cards so far and so far no luck.

I tried for an Amazon Store Card and got rejected. I tried for an Amazon Visa Card, I am still waiting to hear back from that one. I also tried a Capital One Student Card and I am waiting for a reply but it seems they did reject me when I applied online.


KLIvan
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Postby KLIvan » Sun Dec 02, 2012 10:03 pm

A year ago when I just moved to US (so I didn't have credit history at all) I applied for CapitalOne Cash Rewards for Newcomers and was approved for $300. Yes, it's a small limit. But it was first real credit card with no annual fee. 5 months later they increased my limit to $500.

It helped me to start credit history: just year later I already have AmEx BCE with $15k, Chase Freedom $5k and Citi Forward $1k, so don't use CapOne card anymore.
My Cards:
American Express BCE................................$15k (06/12)
Chase Freedom Visa.....................................$5k (09/12)
Chase Sapphire Preferred.............................$9.2k (03/13)
Citi Forward...................................................$1.8k (09/12)
PayPal Smart Connect..................................$2.2k (05/12)
CapitalOne Cash Rewards for Newcomers..$500 (11/11)

Midori
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Postby Midori » Mon Dec 03, 2012 8:56 am

What kind of age/income details are you working with?


silver6054
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Postby silver6054 » Mon Dec 03, 2012 9:10 am

RebelGamer137 wrote:I am looking for a good first unsecured credit card. I am NOT interested in a secured credit card. I have tried for several cards so far and so far no luck.

I tried for an Amazon Store Card and got rejected. I tried for an Amazon Visa Card, I am still waiting to hear back from that one. I also tried a Capital One Student Card and I am waiting for a reply but it seems they did reject me when I applied online.


I get that you are not interested in a secured card, but.....! If you keep applying for unsecured, and keep getting rejected, you are racking up hard inquiries on your credit report, lowering your score, leading lenders to think "Either he/she has already got credit from these lenders, so we don't want to take the risk of giving more, or everyone is rejecting, so why should we be different"

If your score is low, or your file thin, secured IS the way to go, at least for a while.

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djrez4
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Postby djrez4 » Mon Dec 03, 2012 9:12 am

RebelGamer137 wrote: I am NOT interested in a secured credit card.


Why not? If you're just starting out, it's a reasonable place to begin.
[RIGHT][size=100]- Sapphire Preferred - Freedom - Ink - Platinum - Everyday Preferred -[/size]
[/RIGHT]

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Socelli
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Postby Socelli » Mon Dec 03, 2012 3:37 pm

Start with a secured card. Pay your $300 or so deposit. Use the card and be sure to make your monthly payment on time. After a year they'll review you account and see that it's satisfactory and responsibly maintained, they'll return your $300 deposit (plus earned interest) and then they'll convert your secured card to unsecured status. It gets you on the road to additional unsecured credit down the road.
Cards:
American Express: Business Platinum-NPSL, Delta SkyMiles Gold-$2K
Chase: Sapphire Preferred-$5K, Southwest Airlines Visa-$3.7K, Freedom-$400
USAA: Platinum MC-$4K, Advantage Rate MC-$4K, Amex-$4K
FBNO: BucksBack Visa-$1K, Amex-$1.7K
GECRB: Walmart Discover-$3,7K
Barclays: Financing Visa-$3.2K, Juniper MC-$1.1K
Capital One: Platinum MC-$1.5K, Platinum MC-$750
CFNA: Firestone-$1.6K
CitiBank: Office Depot Business Card-$1K

Vermonster
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Postby Vermonster » Mon Dec 03, 2012 3:56 pm

I think if you were denied for an Amazon card that takes all entry level rewards card off the plate. You should be looking at an unsecured card from your bank first then a secured card as a last resort. AFAIK, inquiries don't hurt the chances of getting a secured card so I would take a final shot with your bank issued credit card.
Case Freedom $5k
Chase Sapphire Preferred $5k
Amex Blue Cash Preferred $6k
Citi Double Cash $2.4k


travduke
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Postby travduke » Mon Dec 03, 2012 7:07 pm

There are easy to get unsecured cards but they come with a price. When my fiance first started out she got a card from First Premier Bank. It had a monthly fee of $7 and a yearly fee of $80. If you request a onCLI and get approved, they automatically tack on 25% of it to your balance. No benefits, no cash back.

I reccomend a secured card.

travduke
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Postby travduke » Mon Dec 03, 2012 7:09 pm

Socelli wrote:Start with a secured card. Pay your $300 or so deposit. Use the card and be sure to make your monthly payment on time. After a year they'll review you account and see that it's satisfactory and responsibly maintained, they'll return your $300 deposit (plus earned interest) and then they'll convert your secured card to unsecured status. It gets you on the road to additional unsecured credit down the road.


Just make sure you don't do this with Capital One, as they don't graduate your secured card to unsecured.

MemberSince99
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Postby MemberSince99 » Mon Dec 03, 2012 7:23 pm

Easiest? Gotta be First Premier or Credit One. They are ABSOLUTELY the bottom of the barrel, for those who simply cannot get credit anywhere else. But they would be the easiest unsecured for sure.



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