There are quite a few offers available for people with little or no credit history. Typically you’re going to pay some extra fees, recieve a higher interest rate and probably have a low credit limit until you prove yourself. But at least you’ll have the opportunity to start building your credit.

The offers listed on this page should be able to help:

http://www.asapcreditcard.com/poor-credit.html

I would probably try either the Capital One® MasterCard® or the Orchard Bank Classic Card first. These offers provide the best terms and seem to have the highest approval rates.

GOOD LUCK!

It’s impossible to say whether or not you’ll get approved for a credit card for good credit (espeically without knowing your credit score). Even if we knew your credit score, it would still be difficult to say for sure since credit card companies use a variety of factors to determine approvals and their guidelines change all the time.

But putting that aside, being denied for a credit card isn’t that big of a deal. Yes, it will reduce your credit score by a few points (for a short period of time), but typically, denied applications only affect your credit score for several months. The only time it has a major impact is if you apply for multiple credit cards — and keep getting denied. Once again, this would only affect you for a short period of time.

Although I wouldn’t recommend taking a risk if you were considering a big loan soon (ie: auto or mortgage), if a loosing a couple points for a few months isn’t a big deal, GO FOR IT! If you get denied, you might have to consider an offer for average / fair credit.

If you’re referring to the Capital One No Hassle Cash Rewards Card (for fair / average credit), it might be an offer worth considering…

Normally, I wouldn’t suggest using a reward card to carry a balance from month-to-month. For people with good credit, having a low interest, non-reward credit card is probably the best for long-term charges. Then, you can have a second reward card to use for normal expenses that you’ll pay in full each month. This way you’re paying the least interest on the balances you carry, but you can still earn rewards from your day-to-day spending.

But since your credit is not perfect, you might not get approved for more than one credit card — and it might not be wise — especially if you’ve had problems with credit cards in the past. If the only long-term charge you plan on carrying is your car repair, GO FOR IT! But if you think you’ll start carrying other balances, go for the plain-jane Capital One Mastercard since it will provide a lower APR.

GOOD LUCK!

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