Best Starter Credit Cards with No Annual Fee and No Deposit

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Knowing a list starter credit cards with no annual fee would undoubtedly help first credit card owners greatly. Getting your first credit card can be a challenging undertaking, more so for those who are practically a virgin in the world of credit.

Having just started building credit, it’s obvious that you cannot qualify for just about any credit card available on the market. Below is a list of starter credit cards with no deposit, broken down by the types of applicants they are most suitable for.

 

Best starter card for applicants with no credit

If you are the ultimate definition of ‘first time applicant’, then you have never had a loan or credit card in your name. In this exact situation, you are most likely considered as someone with 0 credit score, or someone with no credit.

Best Starter Credit Cards with No Annual Fee and No Deposit

 

These starter credit cards with no annual fee options come with a myriad of features which are incredibly useful for first-time cardholders. But most importantly, they also come with easy approval process compared to other similar products on the market these days.

Credit Card NameFeatures and Benefits
Capital One® QuickSilverOne® Cash Rewards Credit Cards
Starter Credit Cards with No Annual Fee1
Regular APR of 24.7-percent to 28.74-percent (variable).

Unlimited cash back every day, on every purchase.

Annual fee of 39-dollar.

No purchases intro APR.

Access to higher credit line after completing initial 5-month payments.
Capital One® Platinum Credit Card
Starter Credit Cards with No deposit
Regular APR of 24.74-percent to 28.74-percent.

No annual fee.

No purchases intro APR.

Pay-by-check feature with no extra charge.

Access to higher credit line after completing initial 5-month payments.
Capital One® Secured Mastercard®
capital one secured mastercard
Regular APR of 24.24-percent.

No annual fee.

No purchases intro APR.

Refundable security deposit to establish credit line.

Cash back of 2-percent at restaurant and gas stations, 1-percent for other purchases.

Automatic dollar-for-dollar match for all cash back you have earned.

Best starter card for student applicants

Are you wanting to get a head start on your finances by sorting out a credit card while you are still in school? While this is a great credit building strategy, the road to get the card is undoubtedly more challenging than one could probably think.

For that reason, we have compiled a list of good starter credit cards with no credit suitable for students. Below are two of the highest rated and most popular credit cards for students.

Credit Card NameFeatures and Benefits
Discover it® for Students One® Secured Mastercard®
Discover it® for Students One® Secured Mastercard®
Regular APR of 14.24-percent to 23.24-percent (variable).

No annual fee.

Purchases intro APR of 0-percent for the first 6-months

Cash back of 5-percent at restaurant and gas stations, 1-percent for other purchases.

Good grades reward of 20-dollar cash back each school year.

Automatic dollar-for-dollar match for all cash back you have earned.
Journey® Student Rewards from Capital One®
Journey® Student Rewards from Capital One®
Regular APR of 24.74-percent to 28.74-percent (variable).

No annual fee.

No purchases intro APR.

Unlimited cashback, and rewards won’t expire.

1-percent cash back on all purchases, and 1.5-percent after 5-month on-time payment.

Automatic dollar-for-dollar match for all cash back you have earned.

Whether you are a student or you have just started out building your credit, hopefully our starter credit cards with no annual fee list can lead you to your financial future.

But if you want a credit card for home improvement or business development, Lowes credit card is a good choice.