Store Credit Card for a 550 Credit Score (2024)

FAQs

Store Credit Card for a 550 Credit Score? ›

The best store credit card you can get with a 550 credit score is the Amazon Secured Credit Card, which has a $0 annual fee and offers 2% cash back on Amazon purchases if you are a Prime member. It requires a minimum security deposit of $100, making it easier to get with bad credit.

One of the best credit cards for a 550 credit score is the OpenSky® Plus Secured Visa® Credit Card because it has a $0 annual fee and there's no credit check when you apply, so approval is almost guaranteed.

The best store credit cards for bad credit are the Montgomery Ward Credit Account and the Amazon Secured Credit Card. Both of these store credit cards accept applicants with bad credit scores, have $0 annual fees, and report to the major credit bureaus.

If you have a bad credit score lenders will probably offer you cards with a relatively high APR. But remember, you won't be charged any interest if you make your repayments on time and pay the balance in full each month. Check the terms of your credit agreement to see if you'll be charged any other fees.

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.

Here are the Target Credit Card requirements for approval:

Minimum credit score: 640+ (at least fair credit) Age requirement: 18 years old. Income requirement: Enough to afford monthly payments (wages, investments, etc.)

No, it's not hard to get a Walmart Credit Card. You only need fair credit to qualify for a Walmart Credit Card, so you should have a good chance of getting approved as long as your credit score is 640 or higher, you have a steady income, and you're both a U.S. resident and 18+ years old.

Some of the easiest unsecured cards to get approved for are the Indigo® Mastercard®, Mission Lane Visa® Credit Card and Milestone® Mastercard®. While these cards are geared toward people with bad credit and have easy approval odds, they tend to charge high fees and interest, which can make building credit costly.

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.

Can I get an Amazon card with a 500 credit score? ›

Yes, you can get approved for an Amazon credit card with bad credit, the Amazon Secured Credit Card. This card has a $0 annual fee, reports to the major credit bureaus each month, and does not have a minimum credit score requirement.

The credit score needed for the Dillard's Store Card is 640+. This means that you need at least fair credit to qualify for this card.

Typically, you can qualify for Synchrony's Amazon store cards with a fair credit score (580 to 669). On the other hand, you'll likely need at least a good credit score (670 to 739) to qualify for one of the Amazon Visa cards from Chase.

Yes, it's possible to get an unsecured credit card with bad credit, including a score of 550. But the higher your score, the better the options available to you — including rewards rates, interest rates and annual fees.

Credit cards for bad credit are aimed at people with a poor borrowing history who want to improve their credit score. Sometimes known as credit builder cards, credit cards for bad credit often have low borrowing limits and high interest rates. This reduces the risk to the lender.

The best store credit card for no credit is the Fingerhut Credit Account because it has easy approval and a $0 annual fee. Aside from accepting people with no credit or even bad credit, the card doesn't charge one-time fees or monthly fees, either.

Capital One® Walmart Rewards™ Card: 650+ Credit Score Needed

The new Capital One® Walmart Rewards™ Card is a true credit card that can be used anywhere Mastercard is accepted worldwide. A credit score in the 'good' range — at least 650 — is required for this card.