What Are the Best Credit Cards for a 600 Credit Score?
Credit cards are an essential part of our financial lives. They are convenient and allow us to purchase things that we need or want without carrying around cash. However, not all credit cards are created equal, and if you have a credit score of 600, finding a credit card that suits your needs can be challenging. In this article, we will explore the best credit cards for a 600 credit score.
Secured Credit Cards
If you have a credit score of 600, one of the best options for you is a secured credit card. Secured credit cards require you to put down a security deposit, which becomes your credit limit. This type of credit card is an excellent option for people with poor credit scores because they are easy to qualify for and can help you rebuild your credit.
Capital One Secured Mastercard
The Capital One Secured Mastercard is an excellent secured credit card option for people with a credit score of 600. This credit card has no annual fee and requires a minimum security deposit of $49. You can increase your credit limit by adding to your security deposit, and after five months of on-time payments, you may qualify for a credit limit increase without adding to your security deposit.
Discover it Secured Credit Card
The Discover it Secured Credit Card is another excellent option for people with a credit score of 600. This credit card has no annual fee and offers cashback rewards on every purchase. You can earn 2% cashback at gas stations and restaurants and 1% cashback on all other purchases. After eight months of responsible use, you may qualify for an upgrade to an unsecured credit card.
Unsecured Credit Cards
Unsecured credit cardsdo not require a security deposit, but they are more challenging to qualify for if you have a credit score of 600. If you are approved for an unsecured credit card, you may receive a higher credit limit, better rewards, and fewer fees.
Capital One Platinum Credit Card
The Capital One Platinum Credit Card is an excellent unsecured credit card option for people with a credit score of 600. This credit card has no annual fee and offers fraud coverage, which means you won't be held responsible for unauthorized purchases. The credit limit is determined by Capital One based on your creditworthiness.
Milestone Gold Mastercard
The Milestone Gold Mastercard is another excellent unsecured credit card option for people with a credit score of 600. This credit card has an annual fee of $35 to $99, depending on your creditworthiness, and offers fraud protection. You may qualify for a credit limit increase after six months of responsible use.
In conclusion, if you have a credit score of 600, you have options when it comes to credit cards. Secured credit cards are an excellent option for people with poor credit, whileunsecured credit cardscan offer higher credit limits and better rewards. Remember to use your credit card responsibly and make on-time payments to improve your credit score over time.