Top 3 Credit Cards to Build Credit
Opening a credit card account can be an excellent way to build or rebuild credit, especially if you engage in responsible financial behavior. Several thousands of credit cards are available; however, it is a little hard for people with low credit scores or no credit scores at all to be eligible for a card. To tackle this, we did our research and have shortlisted some of the best credit cards to build credit. 1. Petal® 2 “Cash Back, No Fees” Visa® Credit Card This is one of the best credit cards to build credit and is issued by the WebBank Member FDIC. It is a unique card, which has taken a unique approach to the credit card application process. Petal does not decide your creditworthiness strictly on your credit history. Instead, it will recommend that you link your bank accounts in due course. WebBank will utilize this technology incorporated by Petal and analyze the bank statements, along with other data, such as earnings and bill payments. This works well to assess your eligibility for the card. So, overall, this card can be highly beneficial to someone who does not have any credit history. However, if you do have a credit history, even that information will work in your favor. The card has zero fee–there is no late payment fee, no annual fee, and no foreign transaction fee.