Top 5 Recommended Cards for Bad Credit

There are many reasons as to why someone may have bad credit.  Perhaps bankruptcy is the culprit or bad credit decisions.  No matter the reasons, it is possible to rebuild credit and usually the first step aside from paying off bad debts is to acquire a credit card for people with bad credit.  These credit cards usually come with high fees, but they can be a great way to help someone working to re-establish their credit reach their goals.

Below is a list of the top 5 credit cards for those with bad credit:

• First Premier Bank Gold MasterCard – All it takes is a 60 second credit decision to determine whether or not the goal of re-establishing credit is to begin.  The regular APR is 9.9% and this credit card does report to all 4 major credit reporting bureaus.  There is an annual fee of $48.00.

• First Premier Classic Card – With a 60 second credit decision, the days of not having a credit card can be over.  This card has a regular APR of 9.9%, an annual fee of $48.00, and reports to all of the credit bureaus.

• Orchard Bank Platinum MasterCard – This card offers all of the benefits of a platinum credit card with purchase protection, reporting 3 credit bureaus on a monthly basis, and also gives periodic credit line increases.  The regular APR is 14.90% and the annual fee can range anywhere between $39 and $59.

• Centennial Gold MasterCard from First Premier Bank – A 60 second credit decision allows the customer to enjoy the benefits of a gold card, has a regular APR of 9.9% and an annual fee of $48.  This card reports to all of the major credit bureaus.

• Continental Finance MasterCard – This card offers online tools to help those with bad credit to manage their finances and also reports to the major credit bureaus monthly.  This card awards semi-annual credit limit increases, has a regular APR of 19.92%, and an annual fee of $50.00

With credit being so important in the lives of everyone looking to do such things as buy a car, buy a house, or even rent a car, credit cards for those with bad credit is very important to make these things a possibility. Regardless of the fees associated with them, they can help many get back on the right foot.