The Best Starter Credit Card

Fair Credit?  Bad Credit?  Non Existent Credit?

If you have little or no credit, or even bad credit, it’s hard to know where to start looking for a credit card that you can use to build a good credit score without paying a lot of up front fees, annual fees, monthly fees, or high interest rates.  And if you don’t take the time to read the fine print, you could end up with a credit limit that’s reduced to nearly half of your approved credit limit and start out with  a substantial balance on your account.  It kind of defeats the purpose of getting a credit card if you start out with almost no credit, doesn’t it?  Relax, there are still a few good starter credit cards out there!

Indigo® Unsecured MasterCard®By far, in our reviews, the best starter credit card is the Indigo® Unsecured MasterCard® from Genesis Bank.

Unlike a lot of “starter credit cards,” Genesis Bank offers three different tiers of credit, based on your credit score, and all three tiers get the same low interest rate, so if you don’t qualify for the first tier, you’ll likely qualify for one of the two subsequent tiers. Tier one starts with no annual fee, Tier 2 has a modest annual fee, and Tier 3 has yet another less modest annual fee. And that’s it. The annual fee, if you are charged one, is far less than other credit cards we’ve seen, and there is no “Monthly Maintenance Fee” attached to the card, so you won’t be paying for the simple privilege of having a real credit card.

Applying for your Indigo® Unsecured MasterCard® is fast, easy, and the initial application won’t ding your credit score!

All in all, the Indigo® Unsecured MasterCard® is one of the best, if not THE BEST, credit cards that you can get to start building your credit history!  And did I mention that you can choose how your card looks for free?

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