NEW YORK, NY--(Marketwired - Jan 15, 2014) - CreditCardChaser.com, a leading website on credit card comparisons and reviews, announced their ranking of the best bad credit credit cards today. Bad credit credit cards are credit cards specifically available for those who have bad credit to rebuild their credit rating. These cards give consumers the opportunity to get out of debt and reestablish credit by showing creditors that they can use credit responsibly.
Credit Card Chaser experts focused on several factors, including minimum credit needed, introductory offers, interest rates, balance transfer terms, rewards programs, customer reviews, and expert opinions. According to Credit Card Chaser's findings, here are the best bad credit credit cards of 2014:
First Progress Platinum Select MasterCard Secured Credit Card
The First Progress Platinum Select MasterCard Secured Credit Card is a full-feature Platinum MasterCard; however, the credit line is based on a security deposit rather than on a credit score. There is no credit history or minimum credit score required for approval, and this card reports monthly to all 3 major credit bureaus to help reestablish credit history. This card includes a low annual fee, and it can be completed with a quick and easy online application. The First Progress Platinum Select MasterCard Secured Credit Card's secured credit line and easy reporting makes it Credit Card Chaser's top pick of bad credit credit cards.
First Progress Platinum Prestige Secured MasterCard
Like the First Progress Platinum Select MasterCard Secured Credit Card, this credit card is a full-feature Platinum MasterCard that uses a security deposit to establish credit history. The minimum deposit is $300; however, you can set your credit limit up to $2000. This card has a quick and easy application, and it will also report to all 3 major credit bureaus each month to rebuild your history. With its easy use and approval, First Progress Platinum Prestige Secured MasterCard is one of the best credit cards to use for those with bad credit.
American Express Serve
Although not a credit card, this prepaid option allows cardholders to link their card with a bank account. They can then add money by email or text to their prepaid service free of charge. There are no credit checks, no minimum balances, and no hidden fees. Furthermore, card members can enjoy American Express service and security 24/7 and get free cash withdrawals at over 23,000 MoneyPass ATMs nationwide. Cardholders also get a $50 credit after receiving $250+ twice via Direct Deposit in a certain period of time. With their great programs, American Express Serve is an excellent choice for those with bad credit who want to use a prepaid credit card.
For consumers with bad credit who are looking to reestablish their credit history with a good credit card, these are the best bad credit credit cards of 2014. To access more information on credit cards, credit reviews, and credit reports, please click here: http://www.creditcardchaser.com/bad-credit-credit-cards/.
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