You can get a card that fits your needs if you have good credit. There are many choices, from the Unsecured Business credit card to the Upgrade Cash Reward Visa(r) card. Which one is right? You'll find out in this article. This article will discuss what to look for when choosing a credit card. We'll also explain what each card type can offer. These cards are the best for those with good credit and can help improve your credit score.
Unsecured Business Credit Card
While securing an unsecured business credit card can be difficult, getting approved for one can be a lot easier. The payment activity for this card type is reported to credit agencies. Some report only to credit bureaus for business, while some report to credit bureaus for personal use. To help prevent this situation, keep a close eye on your credit score every quarter or so. Once you have improved your score, you can apply for an unsecured business credit card.
Many unsecured business credit cards offer rewards programs and higher spending limits. While they are generally easier to get if you have great credit, they can still be misused, especially if there is a higher limit. The higher interest rates and rewards programs can lead cardholders to overspend. Consider a secured credit card for your business if you worry about spending more than you earn. You'll stay in business as long as your spending is controlled.
Capital One Platinum Card Credit Card
Capital One Platinum Credit card may be right for your needs if you have a low credit score. This card has no annual fees or security deposits, so you can build credit history. There is no annual fee. This card makes it easy to manage your finances and build a credit history. After six months, your credit score could increase. This credit card may be the perfect choice for you if you have a fair credit history and want to improve your credit rating.
This basic unsecured credit card does not have an annual fee. You can also get a greater credit line after six-months, which makes it an excellent alternative to secured loans. It doesn't have a rewards plan and has a very high interest rate. Capital One Platinum Credit Card is for people with fair credit. It's designed to allow those with less than perfect credit to start building a credit history. You may be required to have a FICO score of 580 or more to be approved. However, if your credit score is between 580 and 620, you can be approved.
Petal 2 card
Petal 2 creditcard offers a 1% cashback rate on all purchases. After six and twelve consecutive on time monthly payments, the rate goes up to 1.255%. You can also get a 10% cash back for purchases at certain merchants. Petal2 cards can be opened without deposit. The card has some limitations, however, including a high APR.
Petal is geared towards people with limited credit histories, and as such, if you've missed a few payments in the past, your preapproval decision will be adversely affected. This should not stop you applying for a Petal 2 account. There are other options out there for people with bad credit. The Petal 2 credit card is the best option for you, if your credit score is not good. However, you should still consider other options.
Upgrade Cash Rewards Visa(r)
The Upgrade cash Rewards Visa is a creditcard that rewards consumers for paying off their debt on time. It offers 1.5% cashback to customers with excellent credit. There is no annual fee and security deposit. It also reports on all payments to the three major credit bureaus. For consumers with average to poor credit, it may be too high of an interest rate. Applicants with good to excellent credit can opt for other options that offer 0% intro APR and lower APRs.
Upgrade Triple Cash Rewards Visa has a credit limit of at least $500. This credit card is guaranteed to have this amount, but the limit can increase based on your income and credit score. You can use the credit limit to make large purchases, and you can pay it off over time. You cannot use the credit card to obtain cash advances. To be eligible for this credit card, you must have steady income.