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Best Credit Cards With No Credit Check Advertiser disclosure You're our first priority. Every time. We believe everyone should be able make financial decisions with confidence. While our website doesn't feature every company or financial product that is available, we're proud that the guidance we offer, the information we provide as well as the tools we design are impartial, independent simple, and completely free. So how do we make money? Our partners pay us. This could influence the types of products we write about (and the places they are featured on our website) However, it does not affect our recommendations or advice which are based on hundreds of hours of study. Our partners do not promise us favorable ratings of their goods or services. . The best credit cards with No Credit Check Some credit cards, especially those from the newest firms, guarantee no credit checks and no fees -- an ideal combination for people with poor credit. Here are our top picks. Written by Melissa Lambarena Lead Writer | Credit cards Debt Melissa Lambarena is a lead writer for the credit cards team of NerdWallet. She has been a passionate writer covering the subject of credit cards for more than six years. Her prior experience spans nine years of experience as a content creator for several websites and publications. Through her work, she strives to assist readers in extracting the value of credit cards to meet financial goals like stretching their budget, building credit, traveling to their dream destinations, and paying off debt. She focuses on these subjects along with others in her Millennial Money column featured in The Associated Press. Her work has also appeared on The New York Times, Chicago Tribune, The Washington Post, USA Today and Yahoo Finance, among others. Melissa has a bachelor's level degree in sociology at The University of California, Los Angeles. Jan 19 2023 Edited By Kenley Young Assigning Editor Credit scores, credit cards Kenley Young is the director of daily credit cards coverage for NerdWallet. Before that, he was a web editor and digital content producer at Fox Sports, and before that , a front page editor at Yahoo. He has decades of experience in digital and print media, with times as a copy desk chief and wire editor as well as an editor of the metro for The McClatchy newspaper chain. Email:
. A majority or all of the products we feature are made by our partners who compensate us. This affects the products we write about and the location and manner in which the product appears on the page. However, this does not affect our assessments. Our views are our own. Here's a list and . Credit cards that claim to offer "no credit check" could be attractive to those with low credit scores (FICO scores that are 629 or less), since applying for them won't hurt your credit score. However, they often come with high fees and interest rates -- thus the reason they're called that. They could help you avoid that mark on your credit report however, you'll be paying for it in the long run. But some credit card companies, particularly newer startups in the space have been advertising the absence of a credit check as well as no charges whatsoever. Some of them have proprietary underwriting technology that evaluates creditworthiness by analyzing other factors, like your bank account instead of credit and traditional histories. In short, if you're not able to pay for your credit, then fee-harvester and traditional credit cards are no longer the only alternatives. Below are a few fee-free and low-cost cards that do not require credit checks. Read more: Top credit cards that don't require a credit check NerdWallet's ratings are set by our editorial staff. The scoring formula considers the type of card being reviewed (such such as cashback or balance transfer) and also the card's rates, fees, rewards and other features. Chime Credit Builder Visa(r) Credit Card Our top choice: Chime users CARD DETAILS Credit check Credit check: None. Security deposit There is no upfront security deposit is required. You determine your credit limit depending on the amount you move to your secured account. Fees: None. APR: None. Why We Like It For those with poor credit or no credit score, the cards eliminate a lot of the limitations of secured credit cards that are typically used. A -- a bank account that is free and allows you to receive direct deposits required to get the card. In addition, you must have at the minimum of $200 in direct deposit from the Chime Spending Account within the past 365 days to show that you have a revenue source. However, this card doesn't have to make an upfront security deposit as many secured credit cards do and you're not paying $200 which will be wrapped up and untouchable for an undetermined amount of time. You also get to choose how much you spend. The money you move from Chime Spending Account to Chime Spending Account into the Credit Builder secured account determines the amount of your credit limit. If you transfer for example, $25, to your secured account, you'll be able to use the card to spend the $25. The money that's in your secured account could also serve to help pay off the balance. Those transactions will let you build credit. For example, if you spent $15 on gas using your secured card you'd be able to use the $25 you transferred into your secured account in order to pay off the $15. Your payments are reported to the following companies : TransUnion, Equifax and Experian. These companies collect the information used to calculate your credit scores DRAWBACKS The Chime Credit Builder Visa(r) Credit Card requires a Chime Spending Account to be able to use it. It's easy to sign up, however it will require an additional effort beyond the application. And if you prefer to carry a balance from month to months, this card does not permit it. Nerdy Tip On July 6 2021, the non-profit news organization ProPublica stated that Chime customers had their accounts closed without notice, thereby leaving the customers without access to their funds. In ProPublica's report, Chime claimed that many closures were connected to fraud, but it also acknowledged that some of the closures were errors. If your account is closed by Chime or other neobanks without notification, there is a way to potentially remedy the situation. Make contact with the neobank directly to discuss the situation. If you're not assisted by the neobank, you can make a complaint to the Consumer Financial Protection Bureau. Learn more about Chime Chime says the following the following: Chime Credit Builder Visa(r) Card Chime Credit Builder Visa(r) Card is issued by Stride Bank, N.A. and is a member of the FDIC, pursuant to an approval from Visa U.S.A. Inc. The card can be used anywhere Visa credit card are accepted. To apply to be eligible for Credit Builder, you must have received a single , qualifying direct deposit of at least $200 to your Checking Account. The direct deposit you are able to qualify for must come from your employer, payroll service provider or gig economy payer or benefits payer , either by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Banking ACH payments, transfers Anywhere transfers and verification deposits made by financial institutions, peer-to-peer transfers made through services like PayPal, Cash App, or Venmo, mobile cash loads, check deposits or deposits as one-time direct deposits like tax refunds or the like, as well as any other deposits that Chime deems to not be qualified direct deposits are not eligible direct deposits. Any money added to Credit Builder can be deposited in a secured bank account as collateral for the Credit Builder Visa Card and you will be able to spend up to this amount on your credit card. This money can use to pay off your charges when you finish each month. >> MORE: Find the most suitable credit card for your credit Check your score anytime and NerdWallet will tell the credit cards that make the most sense. NerdWallet's ratings are determined by the editorial staff. The scoring formula is based on the kind of card being evaluated (such like cash back or balance transfer) and also the card's rates as well as fees, rewards, and other features. Tomo Credit Card Our pick for details on Rewards Card Credit check: None. Security deposit The amount is not disclosed. Fees: None. APR: None. Why We Like It The credit card, which is offered from Community Federal Savings Bank, is ideal for those with poor credit or not having credit. It gives cash-back of 1% and may offer a possible credit limit up to $10,000, subject to the criteria for. TomoCredit is the company that operates the card, has proprietary technology that weighs many data points including, but not limited to, the amount of income (or income potential) as well as account balances as well as contact details. The bank utilizes this information to determine whether you're a worthy applicant for this card. In order to provide the required information, you'll need to link at least one account to an outside service provider. It is possible to join a checking or savings account an investment account or other eligible account. Payments are reported to all three credit bureaus, making it a must-have feature when you're trying to establish credit. Drawbacks Tomo Credit Card may have certain features that aren't suitable for all. For instance, you aren't able to carry a balance from one month to the next with the card. Plus, it requires you to start with a seven-day schedule that allows payments to be taken out of the bank account. >> MORE The ratings of NerdWallet are calculated by our editorial team. The scoring formula considers the type of card being reviewed (such such as cashback, travel or balance transfer) as well as the card's rate as well as fees, rewards, and other benefits. Grow Credit Mastercard Our choice for: Subscriptions CARD DETAILS Credit check: The business has a credit check that won't affect your credit score. Security deposit: None for the majority of membership plans. Fees: None for the free membership tier. (Other tiers will cost you.) APR: None. WHY WE LIKE IT The is a virtual credit card issued by Sutton Bank that is friendly for those with low credit or having no credit. Grow Credit has proprietary technology that analyzes the income of a person to determine their creditworthiness. To evaluate that information it is required to connect a bank account through . With the card, you choose one of four membership plans that help you build credit while you pay for your monthly bills or subscriptions. For example, if you normally pay $8.99 each month to Netflix and other streaming services, you could pay that amount using this Grow Credit Mastercard . If you pay on time and in full, will build your credit. (Qualifying subscriptions and bills vary by membership plan.) It is important to note that the Grow Credit Mastercard reports payments to the three main credit bureaus. The card is not able to be used for drawbacks. card for any other transactions that eligible bills and subscriptions. It is also not possible to carry an account balance from one month to another. Two paid membership plans that are available -- the Grow membership tier (annual cost of roughly $60) as well as the Accelerate tier (nearly $120 per year) aren't worth the price. That's money you won't get back. It's better to go with Grow Credit's free membership plan or secured membership plan. It's also worth exploring a option that allows you to receive your money returned. More The ratings of NerdWallet are established by our editorial team. The scoring formula takes into account the nature of the card being examined (such as cash back, travel or balance transfer) as well as the card's rate as well as fees, rewards, along with other options. OpenSky(r) Secured Visa(r) Credit Card Our pick for: Cardholders who do not have a bank account Details Credit check: None. Deposit security: A $200 minimum deposit is required. Costs A 35-year annual cost. Depending on your transactions and payments, other fees might apply. APR: The ongoing APR is 21.64% Variable APR . What we like about it is a traditional secured credit card ideal for people with low credit. When it comes to secured credit cards it's one of the few that allow you to qualify without a credit check as well as a bank account. It makes payments available to all three credit bureaus. It also lets you carry an ongoing balance. Drawbacks The minimum amount of $200 for deposits could be a problem for certain. While the annual $35 fee is on the low end, it's possible to locate secured credit cards which don't have an annual fee. A Nerdy Tip For a short time that you can apply to this card, you can qualify for an automatic $50 unsecured credit line following three timely payments, that is up to $200 during your first year, with no additional deposit required. Terms apply. More information: GO2bank Secured Credit Card Our choice for a lower security deposit. CARD DETAILS Credit check Check: There is no credit check. Deposit security: A minimal deposit of $100 is needed. Charges: A zero annual cost. Depending on your transactions and payments, other fees could be charged. APR: The ongoing APR is 22.99 percent (as as of writing). Why We Like It The GO2bank Secured Credit Card is a great alternative for people with weak credit. To apply, you'll need at least a Go2bank bank account and direct deposits totaling at least $100 in the past 30 days. The card doesn't require an application process that requires a credit check. The GO2bank Secured Credit Card has the lowest minimum security deposit requirement in comparison to other secured credit cards: $100. The amount deposited determines the limit of your credit. As with a regular credit card, the smaller the credit limit, the less you'll want to spend on the card. can help your credit score. Credit score improvement is possible with the GO2bank Secured Credit Card reports your transactions to the three credit bureaus, helping you establish credit. Drawbacks Aside from the mandatory security deposit, this GO2bank Secured Credit Card also requires you to have a GO2bank account to qualify, this adds an additional step in the process of applying. It doesn't offer a path to upgrade to an unsecure credit card once you've established an excellent payment record, so you'll have to close your account if you wish to receive your security deposit back. The card also has a 3% foreign transaction fee on every purchase, making it ideal for traveling abroad. >> MORE: (Card image courtesy of GO2bank) Self Visa Credit Card Our choice for: A combination of credit-building features CARD Information on credit checks Credit check: None. Security deposit There is no upfront security deposit is required. You decide your credit limit depending on the amount you move to credit on your Credit Builder account. Costs: A $25 annual fee. Based on the transactions you make and payments, other fees might apply. APR: varies based on many factors, such as the amount you choose to pay each month. WHY WE LIKE IT To be eligible account, you'll need a Credit Builder Account, which is a tiny installment loan that's held in a certificate of deposit. It can be beneficial for your credit scores , if you can maintain on-time payments. It is important to note that the Self Visa Credit Card and the Credit Builder Account are both and are reported to the three main credit bureaus. The first is a credit line that is revolving of credit, the other in the form of the installment loan. For the first time, you'll need to open an Credit Builder Account where you'll contribute monthly installments, starting with a minimum of $25 per month based on the loan term. If you've made a contribution of $100 and satisfied other requirements, you can use that money to cover an additional security deposit to secure this Self Visa Credit Card. This is a great alternative if your budget could benefit from making a security deposit in small amounts over time. The money will eventually be back when you close the account and maintain good standing. DRAWBACKS A $100 security deposit is significantly less than is required by conventional credit cards with a security deposit, but over the long run it is likely that the loan and credit card in combination would end up costing more. In contrast to other secured credit cards that are available, the Self Visa Credit Card charges an annual fee, and there is a one-time fee for administrative fees of $9 for opening a credit builder Account. And again, you can't apply for the card instantly. It's necessary to overcome a few challenges first, including making a minimum savings of $100 within Your Credit Builder Account and making the final three monthly payments in full, and having an account in good standing. (Card image courtesy of Self) >> MORE: About the author: Melissa Lambarena is a credit card writer for NerdWallet. The work she writes for has been featured in The Associated Press, New York Times, Washington Post and USA Today. Similar to... Discover the right credit card for you. If you're looking to pay less interest or earn more rewards, the right card's out there. Just answer a few inquiries and we'll be able to narrow the search for you. Explore even more in credit Cards Discover more intelligent money moves delivered straight to your inbox. Sign-up and we'll email you Nerdy articles about the financial topics that matter most to you as well as other methods to get the most out of your money. Make all the right money-making decisions
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