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Is a 500 credit score a good credit score?

A credit score of 500 or less gives you plenty of room for growth when building your credit, and it won’t exclude you from qualifying for a good credit card. Plenty of credit cards for a 500 credit score or lower offer credit-building tools to help you achieve a higher score; others even offer rewards.

What is a credit card for a 500 credit score?

A credit card for a 500 credit score is any that markets itself as being available to applicants that have damaged credit history or none at all. When compared to their unsecured counterparts, secured cards often offer better terms for those who have credit scores in the 500s.

What is the best unsecured credit card for bad credit?

The best unsecured credit card for bad credit is the Credit One Bank® Platinum Visa® for Rebuilding Credit because it has a $300 minimum credit limit and you don’t have to put down a security deposit. The Credit One Visa also gives cardholders 1% cash back on select purchases in return for paying $99 in annual fees ($75 the first year).

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