Best Travel Credit Card For Low Credit Score
Are you looking to take advantage of the perks and rewards of a travel credit card, but have a low credit score? Fear not, as there are still plenty of options available to you. In this article, we will explore the best travel credit cards for those with a low credit score, highlighting their benefits and features.
1. Discover it® Secured Credit Card
The Discover it® Secured Credit Card is a great option for those with a low credit score, as it is designed to help you build or rebuild credit. This card requires a security deposit, which acts as collateral for your credit limit, but unlike many other secured cards, it offers cash back rewards. You can earn 2% cash back on up to $1,000 spending each quarter at gas stations and restaurants, and 1% cash back on all other purchases. Additionally, Discover will match all the cash back earned in the first year of card ownership, making this an excellent card for those looking to earn rewards while building credit.
2. Capital One® Platinum Credit Card
The Capital One® Platinum Credit Card is another excellent option for those with a low credit score. Although it doesn't offer rewards, it does have no annual fee, making it a great card for those on a budget. Additionally, Capital One offers a credit tracker tool, which allows you to monitor your credit score and receive personalized tips to help improve it. This card also comes with some great benefits, including extended warranty coverage, travel accident insurance, and 24-hour travel assistance services.
3. Credit One Bank® Platinum Visa®
The Credit One Bank® Platinum Visa® is a great card for those looking for rewards and benefits, even with a low credit score. This card offers 1% cash back on all purchases, and you can earn cash back rewards on eligible purchases such as gas, groceries, and mobile phone services. Additionally, this card offers some excellent benefits, including free access to your credit score, zero fraud liability, and 24/7 online account access.
4. Discover it® Student Cash Back
If you are a student with a low credit score, the Discover it® Student Cash Back card is an excellent option for you. This card offers 5% cash back in rotating categories each quarter, up to the quarterly maximum of $1,500, and 1% cash back on all other purchases. Additionally, Discover will match all the cash back earned in the first year of card ownership, making this an excellent card for students looking to earn rewards while building credit. This card also offers some great benefits, including free access to your FICO score, a $20 statement credit for good grades, and no late fee for your first late payment.
5. Secured Mastercard® from Capital One®
The Secured Mastercard® from Capital One® is designed to help you build or rebuild credit while still earning rewards. This card requires a refundable security deposit, but allows you to build your credit line over time with responsible use. Additionally, this card offers unlimited access to your credit score and credit monitoring tools, which can help you track your progress as you work to improve your credit score. This card also offers some great benefits, including travel accident insurance, extended warranty coverage, and 24-hour travel assistance services.
Conclusion
Although having a low credit score can make it more challenging to obtain a great travel credit card, there are still plenty of options available to you. It's essential to choose a card that aligns with your goals, whether they be building credit, earning rewards, or both. By choosing one of the cards listed above, you can start on your journey to improving your credit while enjoying the benefits of a great travel credit card.