FAQs
The best credit card for a 480 credit score is the OpenSky® Plus Secured Visa® Credit Card because it does not check your credit score when you apply and has a $0 annual fee. The OpenSky® Plus Secured Visa® Credit Card also reports to the credit bureaus on a monthly basis.
What credit card can I get with a 480 credit score? ›
The best credit card for a 480 credit score is the OpenSky® Plus Secured Visa® Credit Card because it does not check your credit score when you apply and has a $0 annual fee. The OpenSky® Plus Secured Visa® Credit Card also reports to the credit bureaus on a monthly basis.
How to recover from 480 credit score? ›
Top ways to raise your credit score
- Make credit card payments on time. ...
- Remove incorrect or negative information from your credit reports. ...
- Hold old credit accounts. ...
- Become an authorized user. ...
- Use a secured credit card. ...
- Report rent and utility payments. ...
- Minimize credit inquiries.
What credit rating does a person have if they have a score of 480? ›
Your score falls within the range of scores, from 300 to 579, considered Very Poor. A 480 FICO® Score is significantly below the average credit score.
What is the easiest card to get with bad credit? ›
NerdWallet's Best Credit Cards for Bad Credit of May 2024
- Chime Secured Credit Builder Visa® Credit Card: Best for No credit check + easy account management.
- Mission Lane Visa® Credit Card: Best for No-deposit alternative.
- Capital One Quicksilver Secured Cash Rewards Credit Card: Best for Rewards + upgrading.
Is there a credit card that approves everyone? ›
First Progress Platinum Elite Secured Mastercard: The First Progress Platinum Elite Secured Mastercard requires no credit history or minimum credit score for approval. Your security deposit is refundable, and the card is accepted nationwide.
Which bank approves a credit card easily? ›
The Citi Double Cash Card is one of the best cash-back credit cards with no annual fee. Normally, you'd need a good to excellent credit score to be approved for the top credit cards, but you can get the Citi Double Cash Card with fair or average credit.
How can I raise my credit score 100 points overnight? ›
10 Ways to Boost Your Credit Score
- Review Your Credit Report. ...
- Pay Your Bills on Time. ...
- Ask for Late Payment Forgiveness. ...
- Keep Credit Card Balances Low. ...
- Keep Old Credit Cards Active. ...
- Become an Authorized User. ...
- Consider a Credit Builder Loan. ...
- Take Out a Secured Credit Card.
Can I buy a house with a 480 credit score? ›
You can get a mortgage with a credit score as low as 620, 580 or even 500, depending on the type of loan. Some mortgage lenders offer bad credit loans with more flexible qualifying requirements but higher costs. Others offer free credit counseling to help you improve your score before applying for a loan.
Can I buy a car with a 480 credit score? ›
Many lenders require a credit score above 650 to get a standard car loan. However, if you have a credit score of 550, 480 or even lower, and the bank or dealership denies your application, it is still possible to get a car loan. In fact, there is no score that is officially too low to get a car loan.
What is a bad FICO credit score? In the FICO (that is, Fair Isaac Corporation) scoring model, scores range from 300 to 850. This number is designed to signal to potential lenders how risky a particular borrower is. If your credit score lands between 300 and 579, it is considered poor and lenders may see you as a risk.
Can I get approved for a loan with a 480 credit score? ›
A 480 credit score can be a sign of past credit difficulties or a lack of credit history. Whether you're looking for a personal loan, a mortgage or a credit card, credit scores in this range can make it challenging to get approved for unsecured credit, which doesn't require collateral or a security deposit.
What is the most accurate credit score? ›
The primary credit scoring models are FICO® and VantageScore®, and both are equally accurate. Although both are accurate, most lenders are looking at your FICO score when you apply for a loan.
What is the #1 credit card to have? ›
The best credit card overall is the Wells Fargo Active Cash® Card because it gives 2% cash rewards on purchases and has a $0 annual fee. For comparison purposes, the average cash rewards card in 2024 gives about 1% back. Cardholders can also earn an initial bonus of $200 cash rewards after spending $500...
What credit cards approve you fast? ›
Best Credit Cards With Instant Approval
- Chase Freedom Flex®: Best No Annual Fee Card.
- Chase Sapphire Reserve®: Best for Lounge Access.
- American Express® Gold Card: Best for Dining.
- Delta SkyMiles® Reserve American Express Card: Best for Flights.
- Blue Cash Preferred® Card from American Express: Best for Groceries.
Which credit card has no credit check guaranteed approval? ›
No credit card has guaranteed approval, but the Chime Credit Builder Secured Visa® Credit Card and the OpenSky® Secured Visa® Credit Card are two options with very high approval rates and no credit check requirement.
What's the lowest credit score to get a credit card? ›
Credit cards for those with a 500 credit score
If your credit score lands around 500 or lower, your chances of getting the credit card of your choice is significantly reduced. You may want to consider improving your score so you can have better chances of getting the card of your choice.
What credit card has $5000 limit with bad credit? ›
Compare the best credit cards for bad credit
Credit Cards | Our Ratings | Credit Limit |
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Petal® 1 No Annual Fee Visa® Credit Card* Learn More on Petal's secure site | 4.1 Winner: Unsecured | $300 to $5,000 |
Tomo Credit Card* Learn More on Community Federal Savings Bank's secure site | 2.4 Unsecured credit card + high limit | $100 to $30,000 |
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What credit card can I get with a 450 credit score? ›
Secured credit card: You can typically get a secured credit card even if you have a credit score of 450. You usually need to provide collateral in the form of a security deposit. If you don't make payments, your security deposit will be forfeited.
What credit card can I get with a 490 credit score? ›
The easiest credit card to get with bad credit (a credit score of 300-639) is a secured credit card with no credit check such as the OpenSky® Secured Visa® Credit Card or the OpenSky® Plus Secured Visa® Credit Card. This type of card requires a deposit but doesn't check your credit history, making it very easy to get.