Instant Approval Bad Credit Credit Card

Finding the right credit card if you have a not so perfect credit history can be quite a daunting task. Bad credit people frequently find that their credit card request are denied by major credit card issuers. A guaranteed approval credit card comes as a welcome relief to all such people. In this article we take a look at 3 popular guaranteed approval credit cards.

These credit cards have one thing in common - they are designed for bad credit people. The use of these credit cards are reported to major credit bureaus and this can be a vital thing for bad credit people. Using them will help such people improve their credit history (provided they use it wisely). Getting one such credit card is an opportunity not to be missed. Let us look at these offers.

1. The Imagine Gold Card

It reports to all the three major credit bureaus, being an unsecured card, it offers regular credit line increases. The card document says that all applications are accepted subject to credit card terms and it welcomes people with less than perfect credit.

2. USA Gold Shopping Card

This credit card doesn't check your credit and has no employment verifications. There are no turndowns and it provides guaranteed instant online approval (subject to credit card terms). The USA Gold Shopping Card gives $5000 unsecured gold credit line for their merchandise and it regulary increases credit limits of qualifying applicants. The USA Gold Shopping Card reports the credit card activity to all major credit bureaus, thus helps rebuild credit history. As a plus this card gives a $300 grocery coupon after enrollment to its applicants.

3. Platinum Plus Merchandise Credit Card

An usecured line of credit the Platinum Plus Merchandise Credit Card, has no credit checks and employment verifications and approves applicants with no credit or bad credit. Platinum Plus Merchandise Credit Card offers credit limit increases to those who qualify and the approval is guaranteed when qualifications are met. It has an exclusive shopping club for its members which has a huge inventory of over 16,000 products.

These three credit cards offer a wealth of benefits to those with poor credit or no credit. The fact that they offer guaranteed apporval makes them particularly attractive. The terms and conditions of these credit cards can change anytime without notice. The issuers of these credit cards keep on adding attractive benefits for those with bad credit. So, it is advised to check with the credit card issuer for the latest on the credit card. And not to forget, reading the fine prints carefully can avoid unpleasant surprises later. Go ahead, rebuild your credit history with these credit cards.

Having a bad credit and getting good credit card offers simply doesn't happen. Credit card companies secure their interests and rip a bad credit person with quite unreasonable charges. When a person with bad credit goes out to get a credit card he finds the situation very uncomfortable. The credit card companies greet him with the following:

Very high APR

Bad credit usually attracts high APR on credit cards. The APR's can be lowered if a good collateral or bank account is linked to the credit card to make it 'secure'. Poor credit with an inability to provide sufficient collateral makes the credit card an 'unsecured' one and this results in high APRs and low credit limits.

Huge Annual Fees

It is rare to find a bad credit credit card with 0 Annual fees. The bad credit credit cards, are quite risky investments for credit card companies. On the contrary people with bad credit are pretty much desperate to find a credit card, which can help them improve their credit history. Call it taking advantage of this situation or whatever, credit card companies slap heavy annual fees to provide a bad credit credit card. This fees can start from 70$ and can climb into hundreds of dollars per annum, depending on how worse the credit situation is of an applicant.

Unreasonable Advance Fees

Yes, there are few credit card companies who want to exploit a bad credit people to the maximum. They want fees just to look at your application, and it has to be paid in advance. Some, don't guarantee a bad credit credit card even if you pay them this unreasonable amount. Whether you have to pay in advance, or the credit card company charges it after issuing the credit card a bad credit has to shell out this money either ways.

There is a very little choice for those with poor credit, when it comes to getting a credit card. These fees and high interest rates are an inevitable reality, and must be endured. However, a good comparison of all the bad credit offers out there and shopping around, contacting various credit card agents can really help a bad credit person from being slaughtered.