Unsecured Credit Cards for Bad Credit Reviews
Compare Unsecured Credit Cards for Bad Credit

Are you struggling with bad credit? Do you need a credit card, but your unsure about if you will get approved? Confused about which of the unsecured credit cards for bad credit you should be applying for?

Welcome to Unsecured Credit Cards Bad Credit! This site is a free consumer guide created to help those with bad credit make the right choice when it comes to getting one of the unsecured credit cards marketed to people with bad credit. Our goal is to help you make the right decision and show you which of the cards are scams and which of the unsecured credit cards will help you rebuild your bad credit without ripping you off with high interest rates and all those junk fees that are normally associated with unsecured credit cards for bad credit.

Things to Know Before Applying for Unsecured Credit Cards for Bad Credit

Before you apply for a credit card, you should remember the following -

• Prepaid Credit Cards Do Not Rebuild Credit - Some sites market prepaid credit cards as a viable option to help you rebuild or build a credit history. The truth is that all of these cards are prepaid and therefore do not extend you any credit, so you can not build your credit. The ones that offer a credit builder program are actually offering you a high interest cash advance. You will be able to rebuild or build credit, but at an extremely high cost. Get one of our recommended credit cards below and you will be better off.

• Catalog Cards are Scams - While you can build or rebuild credit with a catalog card, you are paying extreme interest rates and fees on overly priced items. This is dangerous to your financial health and should be avoided at all costs.

• Secured Credit Cards Can Build Your Credit Only If - Secured cards can help you build your credit only if they are being reported as unsecured. Being reported as secured shows that your not actually being extended credit and therefore will not be looked at as favorable as unsecured credit cards. You should also know that your paying high interest and fees and have to deposit cash in a savings account before you ever get a card. Your deposit may not always equal your credit line and your better off going unsecured.

• Know the Costs - Before you apply for any of the unsecured credit cards for bad credit, make sure you know the costs of carrying that card. You would be surprised at how expensive some of these cards can be. We make it easy for you to know the truth because Unsecured Credit Cards Bad Credit will show you the cards to avoid and the best cards available to rebuild your credit below.

Compare Unsecured Credit Cards for Bad Credit Offers

Below we have provided a comparison of the unsecured credit cards for bad credit being offered to consumers. This comparison will first show you the recommended card(s) as well as the reason that we recommend them and then we will run down the competitors and show you the costs and why you should avoid them.

** Recommended** Orchard Bank Visa and MasterCards

The only cards that we recommend are the Visa and MasterCard issued by Orchard Bank. The reason for this recommendation is that Orchard Bank is the best deal going. The interest rates are respectable, there are none of the monthly junk fees and the annual fee ranges from $39 to $59 depending on your credit score. Take a look at the comparison table below.

	Orchard Bank	Applied Bank	Continental	First Premier	Merrick Bank
Initial Card Fees
Initial Limit	* Not Available	$500	$300	$300	$500
Interest Rate	*14.99% - 19.99%	29.99%	19.92%	Up to 59%	19.45% - 28.45%
Annual Fee	*$39 - $59	$125	$25 - $75	$75 (monthly)	$72 (monthly)
Processing Fee	*Up to $39	-0-	$75 - $200	$75	-0-
Account Set Up	-0-	-0-	-0-	-0-	$75
Program Fees	-0-	-0-	-0-	-0-	-0-
Maintenance Fee	-0-	** $15/mo	$10 - $18/mo	-0	-0-
Total Initial Fees	Up to $98	$125	Up to $275	$75	$75
Continuous Fees
Annual Fee	Up to $59	$125	Up to $75	$75	$72
Monthly Fee	-0-	**$15/mo	$10 - $18/mo	-0-	-0-
Total Ongoing	Up to $59	$305	Up to $291	$75	$72
Recommendation		Warning - Do Not Apply For These Cards
Notes - * Initial credit limit, interest rate, annual fee and processing fee determined by credit score at time of application ** Monthly maintenance fee for Applied Bank unsecured credit cards start at the 2nd year

Applied Bank - An initial credit limit of $500 is immediately reduced to $375 due to the annual fee and the interest rate is a whopping 29.99%. What makes matters worse is that due to the monthly fee that kicks in on year 2, your total cost to carry the Applied Bank unsecured credit cards for bad credit increases to an unbelievable $305 per year. Save your money and get the Orchard Bank Classic MasterCard or Visa instead. Apply for MasterCard - Apply for Visa

Continental Finance - This is one of the worst unsecured credit cards for bad credit available. The initial credit limit of $300 can be reduced to measly $25 after all the fees have kicked in and also leaves you ready for an over the limit charge as soon as the first months interest and maintenance fee kicks in. This card is dangerous and should be avoided at all costs. Your better off with out a credit card. Instead of being scammed by Continental Finance, get the Orchard Bank Classic MasterCard here or the Orchard Bank Visa here.

First Premier - While not as bad as the Continental Finance or Applied Bank unsecured credit cards, the First Premier card gets you with an interest rate of up to 59%. Stay away and go for the Orchard Bank MasterCard or Visa and have a respectable interest rate.

Merrick Bank - Merrick Bank unsecured credit cards are definitely a better deal than the Applied Bank, Continental Finance and First Premier cards, but their interest rate starts where the Orchard Bank cards end and the annual fee is billed monthly which costs you more money in interest. A better deal than the above three, but not the best deal. Get a better deal with the Orchard Bank MasterCard or Visa here.

As you can see, none of the competitors offer a good deal and while some are close, the Orchard Bank Classic MasterCard or Visa is the winner and the card you should apply for. Get the MasterCard here and get the Visa here