Credit Cards for Fair Credit

People looking for credit cards for fair credit scores will certainly have their work cut out for them. It is not easy to get good deals on credit cards unless your credit score is really impressive, but the truth is that everyone has to start somewhere. Credit score is calculated with the individual's credit history in mind, and there will be cases where the individual has a very limited credit history.

Fair credit score reflects a scenario where the person has an average financial history, and in most cases, this is due to factors that are out of the individuals control. This situation is very different from that of an individual who has a bad credit score because he/she has defaulted on payments, and has been unable to follow effective financial management. Hence there is no reason why a person with a fair credit score should not be given a credit card on reasonable and affordable terms.

Credit Cards for Fair Credit

A fair credit score is one that lies in the range 650 - 699. The highest score that one can achieve is 850, and the lowest score is 300, so this range is accurately depicted as the fair credit score range. Though it is tougher to find some good credit card deals with this credit score, it is still possible to locate credit cards with low or no annual fees, with cash back facilities, with low balance transfer fees and many other benefits and features.

Locating these credit cards and the schemes associated with them is no trouble at all if you have access to the Internet. There are plenty of banks and websites that offer cards for fair credit, and all you have to do is locate a scheme that you feel suits you best. You must compare the various schemes with each other and then pick the best one. There will be a certain gap between you applying for a credit card for fair credit, and it being approved. Finding an instant approval and quick credit card processing is something that you should not be thinking about right now.

Best Credit Card for Fair Credit

This table will give you sufficient information about the kinds of deals that you can expect with fair credit ratings.

Credit Card Name	Regular APR	Annual Fee	Balance Transfer Facility
Capital One No Hassle Cash Rewards Credit Card	19.8%	$39	Yes
Capital One Classic Platinum Credit Card	19.8%	$39	Yes
Capital One Standard Platinum Credit Card	24.9%	$19	Yes
Orchard Bank Classic MasterCard	7.9% - 28.9%	$0 - $74 (first year), $35 - $79 (subsequent years)	Yes
Orchard Bank Visa Card	7.9% - 28.9%	$0 - $74 (first year), $35 - $79 (subsequent years)	Yes
Citi Platinum Select MasterCard	11.99% - 19.99%	$0 for the first year	Yes

These are some of the popular credit card choices for people with average and fair credit. There are many more credit card offers like these as well. You must remember that there are many terms and conditions that accompany the approval and the allotment of these credit cards, and you must read all these conditions carefully. Most of these cards also have plenty of offers and packages that they offer on purchases from selected stores, and this is also something that you should be aware of beforehand. If you're looking for these cards with no fees to be paid, then you need to visit the websites of these credit card companies. This may seem like an attractive scheme initially, but the credit card company will recover this approval fee from you somewhere down the line, sooner or later.

Approval of these cards takes time, but if you are patient, it will come through for you. Ensure that you know the terms and conditions and packages inside out before you apply for one of these credit cards.