Having a low credit score is a frustrating reality for many people. It can be more challenging to get approved for personal loans, credit cards, and mortgages if your credit score is lower. Additionally, even if the application is accepted, your interest rate will most likely be higher. Fortunately, there are low-interest credit cards available with no annual fees, competitive APRs, and attractive incentives. Those with lower credit scores typically have easier access to these cards.

1. Chime Credit Builder Credit Card
Several common obstacles people face when establishing credit are eliminated with the Chime Credit Builder Secured Visa Credit Card. It requires no security deposit and bears no interest. Instead, the card’s spending limit is set by the cash in a Chime credit-builder account, which is guaranteed. The account money is used to settle the balance on the Chime Credit Builder Secured Visa, much like a charge card. Your employer, payroll provider, gig economy payer, benefits payer, or an Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT) must make the eligible direct deposit.

2. Petal Credit Card
A fantastic option if you’re looking to improve your credit score is the Petal® 2 “Cash Back, No Fees” Visa Credit Card. It helps you establish your credit history by reporting to Experian, Equifax, and TransUnion, the three main credit bureaus. A minimum of 1% cash back is awarded to cardholders on all qualified transactions. After six on-time payments, the rewards rate rises to 1.25% cash back; after twelve on-time payments, it rises again to 1.5% cash back. This credit card does not charge any yearly or foreign transaction fees.

3. Discover it Secured Credit Card
With a $0 annual fee, credit bureau reporting, and cash back on every transaction, the Discover it Secured Credit Card has all the features you might desire in a secured credit card for people with bad or low credit. Additionally, it’s our first pick for kids with poor credit. To obtain a credit line, you must deposit a minimum of $200. Discover will start reviewing your account every month after seven months to determine whether you are eligible to receive your deposit back and move to an unsecured credit card.

4. Capital One Quicksilver Credit Card
The Capital One Quicksilver Secured Cash Rewards Credit Card provides a basic cash back return on regular purchases, which is uncommon among credit card options for people with poor credit. Every day, cardholders receive 1.5% Cash Back on all purchases; when hotels and rental cars are booked through Capital One Travel, they receive 5% Cash Back (conditions apply). This $0 annual charge card also provides automatic credit line reviews to see whether you qualify for a larger credit limit, beginning at six months.

5. Mission Lane Visa Credit Card
Although there aren’t many features and benefits associated with the Mission Lane Visa® Credit Card, it can be a good choice to establish credit. The credit card allows you to rebuild credit without requiring a large security deposit if you have poor credit or a short credit history and would like to improve your score. If you’re given one, the annual fee is fair for an unsecured card in this credit category, and the card doesn’t have any hidden costs typical with subprime cards.