Easiest Credit Card Approval In 2024

Are you looking forward to the easiest credit card approval in 2024? Then keep reading this article to explore. 

Credit cards are a convenient way for you to buy, pay bills, and book travel arrangements. 

Moreover, as an added benefit, diverse credit offers cash back, points, or miles on your spending which can save you money.  A credit card can also help with establishing and building a good credit score. 

But what is the easiest credit card to have when you have a limited credit history or poor credit? Here’s a closer look at which cards can be within reach. 

READ MORE: All You Should Know About Your PayPal Credit Login

Credit Card Approval Requirements for 2024 

Credit card insurers differ in terms of what it takes to be approved. Generally, these factors are considered when you apply for the card: 

• Your credit score 
• Your income 
• Your employment 
• Your monthly rent or mortgage payment 

These things give card insurers an idea of your ability and likelihood to pay back what you spend with the credit card. 

Also, credit card companies can perform a hard inquiry of your credit report to learn more about your credit history. It can trim a few points off your credit score. 

What Is The Easiest Credit Card In Approval 2024? 

The easiest credit card to get is diverse for everyone since it will depend on your credit score and other factors. 

The credit cards that are available to you can also depend on whether: 

• You’re a student 
• You have no credit or a thin credit file. 
• You have bad or poor credit. 

Moreover, if any of those apply to you, some specialized types of credit cards will be easier to get than others.  Also, it includes student credit cards, starter credit cards and secured. 

• Student Credit Cards 

Student credit cards are designed for college students who are just beginning to establish their credit history. 

These cards can give rewards, and if they are typically geared toward purchases students spend the most money on like dining out or gas. 

Moreover, a student credit card can be easier to get than a regular one if you have no credit history at all or a limited one.  

The federal CARD Act requires you to be at least 21 to get a student credit card in your name, although you can apply as young as 18 if you have sufficient income or a cosigner who is at least 21. 

• Starter Credit Cards 

Starter credit cards are also designed for people who are just starting with credit but who aren’t necessarily students.  These types of cards are more likely to change annual fees and carry a higher annual percentage rate (APR). 

• Secured Credit Cards 

Secured credit cards work just like unsecured credit cards except that they require a cash deposit to open. 

Moreover, the deposit is double that of a standard secured credit card and will usually require a hard check of your credit to get approved. 

Once you have had a secured card for some time, and demonstrated that you use credit responsibly, you can be eligible to graduate to the regular, unsecured card. 

Before you apply for the starter or secured card, make sure the credit card company reports your activity to at least one of the major credit bureaus. Or you will use the card won’t help you to build credit. 

READ MORE: Best Credit Cards To Look Forward To In 2024

What Is The Easiest Credit Card to Get With No Credit Or Thin Credit? 

Having no credit means you don’t have any credit history at all. The thin credit file means you have some credit history but it’s not enough to generate the credit score. 

For this example, you can be invisible to credit card companies when trying to apply for a new credit. 

In that case, the easiest credit card to get may be a starter or a secured credit card. Instances of cards you might be eligible for include: 

• OpenSky Secured Visa 

The OpenSky Secured Visa is a credit check card that’s also a secured credit card. 

Also, you can set your credit limit by making a cash deposit of $200 to $3,000 and your account activity will be reported to all of the three major credit. 

• First Progress Platinum Elite Secured Mastercard

The First Progress Platinum Elite Secured Mastercard requires no credit history or minimum credit score for approval. Also, the security is refundable and the card is accepted nationwide. 

•  Deserve EDU Mastercard for Students 

The Deserve EDU Mastercard for Students doesn’t require a Social Security number to apply, so it could be good for international students. 

What Is The Easiest Credit Card To Get With Fair Credit? 

If you have fair credit, rather than no credit or bad credit, then you can have a diverse range of credit card options to choose from.  Moreover, fair credit for the FICO credit scoring scale generally means scoring between 580 and 669. 

Here are some of the easiest credit cards to get with fair credit: 

• Capital One Platinum Mastercard 

The Capital One Platinum Mastercard is geared toward people with fair credit who are interested in improving their credit. Moreover, this card has a $0 annual fee and includes access to CreditWise credit monitoring. 

• Discover It Secured Card 

The Discover it Secured Card can help with building or rebuilding credit. A security deposit is required but it is refundable. It is a card and also has a cashback reward. 

• Credit One Platinum Rewards Visa 

The Credit One Platinum Rewards Visa is designed for people with fair credit who want rewards on purchases.  Also, remember that this card does have an annual fee and a higher APR, which could make carrying the balance expensive. 

READ MORE: 10 Types of Credit Cards And How to Use Them

Conclusion 

Securing a credit card can be a vital step toward your financial independence and building a positive credit history.