Credit Cards

How to choose a credit card for no credit history

March 12, 2025No Comments1 Min Read

Card	APR	Security deposit	Annual fee	Rewards rate
Discover it® Secured Credit Card	27.24% Variable APR	Minimum of $200, maximum of $2,500	$0	2% cash back at gas stations and restaurants (up to $1,000 in combined purchases per quarter) 1% cash back on other purchases Matches all your cash back in the first year
Capital One Platinum Credit Card	29.74% (Variable) APR	N/A	$0	No rewards, but cardholders have access to a higher credit line after six months of on-time payments
OpenSky® Secured Visa® Credit Card	24.64% (variable) APR	Up to $3,000	$35	Earn up to 10% cash back on purchases through OpenSky Rewards merchant offers

What it means for credit card and mortgage rates