Our pick for no credit check: OpenSky® Secured Visa® Credit Card
from $200
Security deposit
- No credit check to apply
- Low annual fee of $35
- Reports to all three credit bureaus to help build credit
Applying for a secured card with no credit check can help you avoid a hard pull on your credit report and protect your current credit score. In some cases, this could be a solid strategy in keeping your credit score steady. But don’t let a credit check stop you from choosing an excellent card for your needs.
Secured credit cards that don’t require a credit check are quite rare. Currently, there are five such cards we feel are worth mentioning.
Quick look at no credit check secured credit cards
★★★★★
Annual fee | $35 |
---|---|
Minimum deposit required | Starting at $200 |
Purchase APR | 17.39% variable |
Balance transfer APR | N/A |
Recommended minimum credit score | 300 |
Annual fee | $48 |
---|---|
Minimum deposit required | Starting at $200 |
Purchase APR | 9.99% fixed |
Balance transfer APR | N/A |
Recommended minimum credit score | 300 |
Annual fee | $0 |
---|---|
Minimum deposit required | Starting at $250 |
Purchase APR | 11.99% variable |
Balance transfer APR | 11.99% variable |
Recommended minimum credit score | 300 |
Yes. Some credit card providers let you request a prequalification. All you have to do is fill out a form and the provider will let you know your odds of credit card approval.
If you prequalify for a card, you have around an 80% chance of approval.
Despite your security deposit acting as collateral, most secured cards still require credit checks for a few reasons. The first is to verify your identity — credit checks are a common and useful method for verification.
The second reason is for risk assessment. Some secured credit cards let you choose your own down payment up to a cap. If you make a high down payment but have a poor history of credit card usage, your lender might not feel secure giving you the card.
Getting a secured credit card with no credit check may sound enticing. But you shouldn’t fear credit checks; they only cause a small dip on your credit score, but with responsible use, you could easily recover and even improve your credit score.
If you decide to apply for such a card, here’s what to consider:
Lenders can deny your application for a secured credit card for a variety of reasons, including a poor credit score, a history of credit misuse or bankruptcy or recent unemployment. Thankfully, there are steps you can take to determine why you were denied and start working toward improving your credit score. Learn the first steps you can take if you’re denied a secured credit card in our full guide.
If you want to rebuild your credit, but you’re afraid you’ll be denied based on your past credit history, these no-credit-check secured cards can help. While they might lack the same features as secured cards requiring a credit check, they can help you build credit all the same provided you spend responsibly and pay off your card in full each month. In time, you’ll be able to graduate to an unsecured credit card.
Learn more about secured credit cards to find out whether these cards are for you.
Don’t be fooled by false promises — here are red flags to watch out for and tips to find a legit company.
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I need a secured credit card with no credit checks without the deposit that acts as your credit line With a minimum of credit line of $3000, Can you help me?
Hello Bvms,
Thank you for reaching out to us.
You are on the correct page as the Secured Credit Cards listed above doesn’t perform credit check or if they do, it will only to verify your identity. With regards to the Minimum Deposit, unfortunately, all Secured Credit Cards requires Security Deposit as it serves as your collateral for the Credit Card and your initial Credit Limit. Thankfully, there are low-security deposit credit cards that can help you start getting back on track.
I hope this helps.
Please do not hesitate to reach out if you have additional questions.
Cheers,
Ash