Category: credit cards

The Best Credit Cards for People without Credit History

Credit history is an important part of our financial health. A high credit score can open many doors. These doors remain closed to those with bad or even average credit scores. This is true whether you are taking out a loan, trying to rent an apartment, or applying for a job. So lets find out The Best Credit Cards for People without Credit History.

It also can be difficult to secure a credit card if you have never had any credit history at all. But, there are multiple credit cards for people to setup and mend their own. In this post, we will go through the top credit cards for no credit history. We will explore their perks and benefits. Additionally, we will provide tips on how you can manage them.

The Best Credit Cards for People without Credit History

CREDIT HISTORY AND WHY IT MATTERS

However, before exploring the way out, it is important to understand credit history. You should know why it matters. A history of your borrowing and repayment is obviously reflected on your credit file It includes details like:

Payment history — Paying your bills on time can give your score a big helping hand. Missing payments could hold it back.

Credit utilization — the amount of credit you are using relative to your total available credit.

Duration of credit history: This generally has a positive impact on your score.

Credit mix: Having both installment loans and revolving credit helps.

Recent Inquiries: Every time you apply for credit, a Hard Inquiry is also recorded and can drop your score temporarily.

If you’re a beginner, building up your credit history is key. This is because a good score can qualify you for lower interest rates, higher credit limits and more financial options.

Best Credit Card for Beginners Key Features

If you are new to credit, keep these tips in mind as you search for a credit card:

No Annual Fee: Nearly all starter credit cards come with no annual fee. This means it is cheaper over the years.

Low Interest Rates — While you are working toward building credit, it is beneficial to avoid higher rates. This is important in case you get a balance.

Rewards Programs: Many cards will give you rewards or cash back for every purchase made, rewarding good behavior.

Credit Reporting: Confirm the card issuer reports to all three major credit bureaus. They include Equifax, Experian, and TransUnion. This can help boost your score.

Customer Assistance: With an app, you can manage your spending and also make payments.

The Best Credit Cards for People without Credit History

Let us look at some of the best credit cards for no credit history

1. Discover it® Secured

Bottom line: If you’re new to credit, the Discover it® Secured Credit Card is a top contender. It comes with a security deposit, but it also has all of the bells and whistles you’d ever want.

Annual Fee: $0

Rewards: 2% cash back at gas stations and restaurants (on up to $1,000 in combined purchases each quarter) and 1% on all other purchases

Credit Bureau Reporting: All three bureaus

Security Deposit: $200 (minimum deposit limit) this is also your credit limit.

Why We Like This Card: The cash back rewards are a great feature for beginners. The possibility of receiving a credit limit increase after seven months is unbeatable.

2. Cash One Platinum Credit card

Bottom line: If you’re new to credit, the Capital One Platinum Credit Card is an easy pick. The card was created to help you develop credit without charging high fees.

Annual Fee: $0

Credit Limit: Your initial limit may be low, but with responsible use you can increase your limit over time.

Credit Reporting: Reports to all three major credit bureaus.

Why It’s Great: This card has no annual fee. It also has no add-on fees. There are credit line possibilities for credit building with minimal costs!

3. Petal Visa® Credit Card

Overview: Petal 1 is a distinct credit card. It offers a unique data approach to underwriting an applicant. This may particularly appeal to those with no prior credit history or experience.

Annual Fee: $0 *

Rewards: Get 1% cashback instantly and up to 1.5% back after you’ve paid on time for at least six months.

Credit Reporting: Reports to all main credit bureaus.

Why It’s Great: This card considers income and banking records for granting credit, making it easier for persons with minimal lending history.

4. OpenSky® Secured Visa® Credit Card

It is an excellent option because it allows you to establish credit with a secured deposit without the requirement of a credit check.

Annual Fee: $35 *

Credit Limit: Determined based on your security deposit * Credit Reporting: Reports to all three major credit bureaus.

Why It’s Great: There is no credit check, and the card enables you to develop credit responsibly.

Chime Credit Builder Visa® Secured Card

Overview: The following Chime Credit Builder card is linked to your Chime spending account is distinctive because it allows you to build credit without running the risk of over-expenditure.

Annual Fee: $0

Security Deposit: No deposit is necessary, and you can utilize the cash you spent uploading to your Chime account as your credit limit.

Credit Reporting: Reports to all three major credit bureaus.

Why It’s Great: This card is non-risky as long as you utilize the Cash Guard feature, and all fees are non-existent.

How to Establish Credit Wisely

Pay on Time- Obviously the most important component of your credit score is your payment history (YourPast). You can set reminders to make sure that you pay your bills on time, or better yet automate the payments.

To secure low rates, carry only 30% or less of your available credit. This is called a credit utilization ratio and it literally dictates your score.

  • Use Your Card: Place your card in a pair of groceries from time to time and pay them the same way as well. Using it regularly helps contribute toward a more positive credit history.
  • Don’t apply for multiple cards at once — each application can result in at least one hard inquiry that could temporarily lower your score.
  • THE BOTTOM LINE Keep an eye on your credit:Free credit monitoring tools can allow you to watch for inaccuracies and monitor your progress.
  • If this is impossible, then you should consider becoming an authorized user with someone else (like a family member or friend) who does have good credit. That can offer you a way to establish credit without the risk of applying for one more account.

Conclusion

This can seem intimidating, especially when you are not doing credit for the first time at all. Yet, there are credit cards designed specifically for people who need to rebuild or establish their credit. Whether it’s through secured options, such as the Discover it® Secured Credit Card, or some more novel solutions like the Chime Credit Builder card, you have plenty to choose from. You can share you list of The Best Credit Cards for People without Credit History.

How Do I Find a Fiduciary Near Me?

When it comes to many financial decisions, like retirement planning and wealth management, you need to trust the person guiding you. Ideally, that would be a fiduciary advisor. A fiduciary is an expert who is required by law to work in the best interest of their clients, putting your needs before theirs – ahead of any gains they might receive. So do you want to know, How Do I Find a Fiduciary Near Me?

So, how to you locate a fiduciary advisor in your neighborhood? The step-by-step guide of being developer will give you a hands-on steps and answer people’s questions.

Also Read: Best Cashback Bank of America Credit Cards

How Do I Find a Fiduciary Near Me?

1. Get to Know a Fiduciary Advisor Vs. A Non-Fiduciary advisor:

Fiduciary Advisors are required by law to act in your best interest. They have to act in your best interests ahead of their own and reveal any conflicts of desire. They typically levy fees on AUM.

Non-Fiduciary Advisors: May not be held to that standard of conduct. They may receive compensation by means of commissions or any other incentives related to the products they sell.

2. Understand what your financial needs are: Before determining which advisor to seek out, you should first identify the nature of the advice you require. This could be:

Retirement Planning: Save for Retirement, Open a 401(k), or an IRA.

Investment management — Investing your money in stocks, bonds, mutual funds or other assets.

Categories: 1st Priority Estate Planning and Legal Documents

Finances: It might be you need to consolidate debt, work out a plan of how to pay your debt off.

3. Utilize Online Resources:

FINRA BrokerCheck — A free tool developed by the Financial Industry Regulatory Authority (FINRA) that allows you to find out about an advisor’s background, registration and any past disciplinary actions.

National Association of Personal Financial Advisors (NAPFA) — Since all NAPFA members are required to serve in a fiduciary capacity, you know they are working in your best interest.

Garrett Planning Network Garretting Planning Network is a fee-only financial planner resource giving you access to advisors who are compensated only by their clients.

4. Ask for Referrals:

Ask around your circle — friends, family.

While your accountant, lawyer, or insurance broker may know a fiduciary advisor to recommend you.

Community Groups: Rotary and other community organizations whose members have financial advisors as members.

5. Verify Credentials and Experience of the Tutor

Professional certifications: Hire advisors with designations like CFP® (Certified Financial Planner), CFA® (Chartered Financial Analyst), or ChFC® (Chartered Financial Consultant). These certifications demand specialized education and experience.

Related Experience: You want to select an advisor who has experience in the areas where you need help.

6. Schedule a Consultation:

No-cost consultations: Many fiduciary advisors will provide complimentary initial consultations to evaluate you and your financial goals. Consider this your chance to ask questions and get a feel for if the advisor makes you comfortable.

Be transparent on cost and fees: Understand how your advisor gets paid and the actuall costs. Most fee-only advisors are pretty open about what they charge, and it generally is a percentage of your assets under management or AUM.

7. Trust Your Gut:

Counselor fit and personality: Choose an advisor that you like working with who can convey information to you.MiddleLeft

Similar values: Find an advisor that has the same financial goals and values as you.

FAQs For Locating a Fiduciary Advisor

  1. How do I find a fiduciary adviser?

Locate and ask if they have fiduciary responsibility. You can also look into their professional qualifications, for example NAPFA designation means a member must act as a fiduciary.

2. Why Should You Hire a Fiduciary Advisor?

Fiduciary advisors are bound by law to act in your best interests, providing objective advice and focusing on serving your needs. Especially when it comes to providing super helpful advice for those tricky financial situations.

3. What is the cost of a fiduciary advisor?

In general, fees can change based on the experience of the advisor, the depth of your financial needs and what size portfolio you have. The fee that you are charged will be an annual one and would generally be a percentage of your assets under management (AUM).

4. What do I need to ask a possible fiduciary advisor?

Who do they representAre they a fiduciary and how can they prove that everything is in the best interest of their customers. Level of experience, credentials and specialization. Fees, Compensation Structure Philosophy around financial planning and investment strategies Sample Testimonials / References from Clients

5. Is an online fiduciary advisor available?

Absolutely, there are resources for finding a fiduciary advisor; NAPFA website,FINRA BrokerCheck or the Garrett Planning Network.

6. Financial Advisor vs. Financial Planner:

What’s the Difference? Financial Advisors take care of managing your investments while Financial Planners offer a broader range of financial planning services such as retirement planning, budgeting, and estate planning.

7. Should I have a financial advisor?

In case you are someone who has very intricate financial goals, needs to make investment decisions, do not have the time of the day to keep an eye on your finances hiring a financial advisor can work wonders for you.

8. Where can I find a fiduciary advisor near me?

Though yes, the majority of fiduciary advisors are local and working with specific regions. Refer to the resources I mentioned earlier to locate advisers in your locale.

9. Well, I need to do a background check on an advisor.

You can verify an advisor is registered and obtain information on any disciplinary actions taken against an advisor through FINRA BrokerCheck.

10. When is it okay to switch financial advisors?

Should You Change Financial Advisors At Any Time? But it is important to go through the contract of the advisor very carefully and also try understanding about any charges that may be associated with switching.

How to Pay American Express Credit Card Bill

Are you a American Express Credit Cardholder? You are here to learn ” How to Pay American Express Credit Card Bill”? You are at the right place. Here we are going to guide you step by step and help you pack your American Express Credit card Bill online and easily.

So lets get started and we will make sure that you get a seamless experience and won’t need to go through another article next time you pay your credit card bill online.

Also Read : Get Free Credit Report Usa 2024

There are various ways to make the payment online, it can be through the official American Express website, or mobile apps or any third party payment app. Thing to remember here is that third party apps as

How to Pay American Express Credit Card Bill

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Different Payment Options for Your American Express Credit Card Bill

As we told you earlier, there are various ways to pay American Express credit card bill which you can use. But you need to understand which option suits your preferences and your financial routine.

Setting Up Automatic Payments for Your American Express Credit Card Bill

This is the easiest way to pay any credit card bill. This automatically pays the bill as soon as it is generated or you can even set a date. You need to select an account savings or current which will be auto debited to pay credit card bill. This methods automates the process of bill payment and removes the hassle of remembering the dates.

In order to setup automatic payments, you need to login to your American Express credit card online account and then native to the payment section. There you need to select the “Automatic Payments” option and the follow the instructions. You need to make sure that the payment method you add have sufficient amount for bill payment.

Making a One-Time Payment for Your American Express Credit Card Bill

This is manual payment method, you have freedom to choose the payment date here and also change the method of payment as well. In order to pay the bill using this method follow the mentioned below.

  1. Log in to your American Express online account.
  2. Navigate to the payment section.
  3. Select the “Make a Payment” option.
  4. Choose the payment amount and the desired payment date.
  5. Enter your bank account information or select a saved payment method.
  6. Review the payment details and submit the payment.

How to Pay Your American Express Credit Card Bill Online

You can also pay the bill quickly through American Express Credit Card portal. This is quick and easy to use method as you don’t need to setup anything. To pay your bill online, follow these steps:

  1. Log in to your American Express online account.
  2. Navigate to the payment section.
  3. Select the “Pay Bill” option.
  4. Enter the payment amount and the desired payment date.
  5. Choose your preferred payment method, such as a bank account or another credit card.
  6. Review the payment details and confirm the payment.

Paying Your American Express Credit Card Bill Through the Mobile App

If you are a mobile phone guy and doesn’t like to use laptop or big screens then using American Express Credit Card app to pay the bills is the option for you. To pay your American Express credit card bill through the mobile app, follow these steps:

  1. Download the American Express mobile app from your device’s app store.
  2. Log in to your account using your credentials.
  3. Select the “Payments” tab or navigate to the payment section.
  4. Enter the payment amount and the desired payment date.
  5. Choose your preferred payment method, such as a bank account or another credit card.
  6. Review the payment details and submit the payment.

Paying Your American Express Credit Card Bill by Phone

Also if you aren’t much of a tech savvy guy American Express has got you covered. You can pay your credit card bills through their customer care helpline. But this comes at an additional cost which will be added as convenience fees to your bill. In order to pay the bill on phone call follow these steps:

  1. Dial the customer service number provided on the back of your American Express credit card.
  2. Follow the automated prompts or speak to a customer service representative.
  3. Inform them that you would like to make a payment.
  4. Provide the necessary details, such as your credit card number, payment amount, and payment date.
  5. Verify the payment information and confirm the payment.

Paying Your American Express Credit Card Bill by Mail

This is a bit old school way, but still a few people prefer to pay bills like this . You can mail the amount of credit card bill to American Express through a check or a money order. Follow these steps to pay your card bill:

  1. Prepare a check or money order payable to American Express.
  2. Write your American Express credit card number on the memo line of the check or money order.
  3. Include the payment stub from your monthly billing statement.
  4. Place the payment and payment stub in an envelope.
  5. Affix the correct postage and mail it to the address provided on your billing statement.

Remember to allow sufficient time for the payment to reach American Express by the due date to avoid any late fees or penalties.

All of them are good ways to clear your credit card bill. All that matters is what suites your requirements. For much finance related content bookmark your website or follow us on Twitter, Facebook, Insta or Linkedin.

How to Improve Your Credit Score in 2025 : A Step-by-Step Guide for Building Credit from Scratch

Establishing Credit, from Zero to Everything Credit is one of the most important financial gateways — it can determine whether you qualify for a loan, whether you rent an apartment and even how high your insurance premiums are. In this complete guide, we will cover how to build credit from zero and how you can improve your score. Let’s learn How to Improve Your Credit Score in 2025 .

Also Read: How to Pay American Express Credit Card Offline

A Guide On How To Boost Your Credit and Establishing Credit For The First Time

If you want to boost your credit score, then it is necessary(you) that you know the basics of credit. Credit is important to your financial health and affects your access to credit products and services. Here are some steps about How to Improve Your Credit Score in 2025

1. Review Your Credit Report: Before you begin to build credit, it is important that you review your credit report for any errors or fraud. This step is so you know where you stand financially.

2. Open a Bank Account: This is the initial and first step in the direction when it comes to building any kind of credit. It reveals you can handle your money, and it gives you a starting point to more lucrative credit building pursuits down the road.

3. Secured Credit Card: This is a great option for those who have never had any credit. You can improve your credit score incrementally by paying on time and managing your credit limit.

4. Go Locale: Become an Authorized User. Become an authorized user on a family member or friend’s credit card with good payment history. You can use this strategy to start building credit by piggybacking on their good credit utilization habits.

5. Credit Builder Loan: A credit builder loan is meant to help people build their credit. Pros The goal of this loan type is to establish a brand new line of credit. If you make on-time payments for a credit builder loan, your payment performance can be reported to the three major credit bureaus and help improve your overall score.

How to Manage Credit and Increase Your Credit Score Follow these tips for managing credit responsibly, and you will quickly improve your credit score:

  • Budget: Creating a budget allows you to monitor your spending and make payments on time to all your credit accounts when they are due.
  • Limit Credit Inquiries: Do not apply for credit accounts more than one at a time, which can cause a drop in your score.
  • Manage your Credit wisely: Use credit responsibly and think of it as a financial tool. Overspending and a high credit utilization ratio leads to a low credit score.
    • Work on credit over time and follow up with your progress Building credit takes time, you need to be patient and consistent whatever that happens. You can check your free credit score, updated weekly, for the ongoing basis, and get tips to help you understand what is affecting your profile and how well it reflects your credit file.

Conclusion: Elevating a credit score is a rewarding journey that lends way to credit and financial flexibility. Learning the basics of credit, practicing smart credit management techniques and keeping a watchful eye on your score will enable you to take charge of your finances, reach important milestones and achieve lasting financial success. So begin today and create a path to brighter financial future.