if i wanted to get a credit card for emergencies and to improve my credit rating?

Question

would i have to pay anything for it, even if i never use it, i mean is there a monthly charge just for having the card or any hidden payments such as this?

And can anyone advise the best one to apply for that would suit what I am looking for?

Thanks!

Answer 1

Well, like the first poster said Household and Orchard Bank, both owned by HSBC, are 2 that you can definitely try for. But the easiest card to get would be to a secured credit card. They might be offered where you do your banking. The reason I say a secured credit card, becuase you have a little more control over it than a regular card. You do have to put a deposit upfront that's usually tied to a savings account to get the same amount in a credit limit, but you're able to increase the credit line by adding to the deposit, instead of trying to request one. And the money you put in the deposit account gains interest while you're building credit, and as long as you pay on time every month, and keep the balance low, if not zero, usually you get the deposit back with interest attached to it. And if you raised the limit all this time, the higher limit will definitely look better on your report which will make you attractive to other lenders for future credit.

Answer 2

Some credit cards have fees they charge either annually or monthly...like $60 a year or $4-6 a month. Your best bet is to really read all those offers you receive in the mail. You want a credit card with a low APR (annual percentage rate) and no annual fee. Check with your bank first. Many offer Visa and or MasterCard credit cards (I'm not referring to your MAC card). If you don't like their percentage rates (look for 14.9% or less) then check out what you can get with companies like Capitol One, Citibank, or ChaseManhattan.

You should use your credit card at least once every couple of months and pay it off right away to keep the account active and to help build your credit. Charge small items like a $20 pair of shoes at payless or a package of socks at walmart....
Just having the card in your pocket (or at home in a desk drawer) doesn't help your credit and most cards require you activate them and the account by a phone call and at least one use.

Answer 3

Unfortunately if you have bad credit or no credit most likely having a credit card will cost you. You can look for a credit card with a low annual charge. If you use your card monthly and pay the balance in full monthly you should be able to increase your credit rating. You can look for the different card options here:
http://www.creditcards.com/bad-credit.php

Answer 4

There are a few cards that impose monthly fees - but these are usually only the 'primium' cards, such as 'Gold Cards' (and AMEX standard etc)

Most Banks offer Credit Cards - if you have a Bank Account, go on-line & look see what they are offering .. if you don't have a Bank Account, get that sorted out first :-)

Answer 5

Some credit card companies have annual fees, but the amount usually isn't more than $100.00 a year.

Here are two links of credit cards that you can apply on-line for.

Good luck......

Answer 6

Here is a list of credit cards for people with no credit history http://www.ccvault.com/credit_cards/bad_credit.php
I recommend Orchard.

good luck

Answer 7

you could send me details of your work ie what company you work for and a list of empolyees with out banking service and i could get you a credit card with your name on and others for those in your work force that need one also depending on the amount 1-400 at 9 usd i may also need a leter from the company with letter headed paper with the nature of the business business addeess company registrationand the first two months payroll