What are some good secure or unsecured cards to go with if you have recovering credit?

Question

I've heard nothing but NIGHTMARES involving First Premier Bank. They give you a 250-350 limit and charge you $170 in sign-up fees. They also charge you $7 bucks per payment for online or phone payments. Additionally, they apparently lock your account for up to 16 days as a ''security procedure'' to verify payments if you pay way more than the minimum payment. I just want a regular ol' credit card secured or not. I've been extremely great with my finances over the past year and have all three collections on my report paid off. Anybody tried or heard of a company they would suggest?

Answer 1

My advice would be to avoid any credit card offer that says in the fine print, "$99 activation, $49 participation fee, $75 annual fee," etc. etc.

The only one I would trust is Orchard Bank. They offer both secured & unsecured cards. They are a part of HSBC. You can go direct to their website and apply.....orchardbank.com. They will tell you instantly which card you'll most likely be approved for. I have nothing to bad to say about them, and they don't lock your card.

Also....Citibank has a Secured card. You have to meet certain qualifications. They don't offer this card online, on in the branches.

Answer 2

HSBC is a good one. I think thier website is www.hbcard.com. None of that big sign up fee stuff. But if you are late on a payment the fee is like $29, same if you go over your limit.

Answer 3

Try Household Bank for unsecured. As for secured, why not just open a debit card on you bank account?

Answer 4

Capital One

Answer 5

If you've had credit issues in the past, I would recommend staying away from credit cards altogether... live within your means and pay cash for the things you need.

Answer 6

I also vote for Capital One. I rebuilt my credit with them.

Answer 7

www.OrchardBank.com