Best Credit Cards for No Credit History: Starter Credit Cards

How to Get a Credit Card with No Credit

Getting your first credit card requires making trade-offs. In exchange for having no credit history, your credit card issuer may want to have more protection for themselves, uncertain of how you’ll handle credit.

How Else Can You Build Credit with a Limited Credit History—or No Credit at All?

Building up credit can sometimes be a bit of a chicken and egg problem because many methods already require you to have some financial history.

1. Authorized Users

By becoming an authorized user on someone else’s credit card—be it a parent, guardian, or other trusted adult—the credit card issuer will send a card to the primary cardholder having your name appear on the card.

2. Credit Builder Loans

A credit builder loan functions as a tool for people who have low or no credit history.  They can use them to begin building up their credit scores by establishing a credit history.

3. Student Loans

These loans also help lengthen your credit history. Loans appear on your credit report as soon as they are disbursed, even if you don’t start paying towards them until after you graduate.

4. Secured Credit Cards

Secured credit cards often serve as the first step for young adults or people who don’t have an established credit history to have access to credit.

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