2nd Chance Credit Cards Comparison
If you’re on the market for a 2nd chance credit card and you’re not having a lot of luck applying for the mainstream ones out there, then you seriously need to consider rebuilding your credit score. You can do this by getting a bad credit card. This card will help you rebuild what credit score you had left and enable you to get back on the financial ladder in no time…
Now this wouldn’t be called Credit card comparision if we didn’t compare credit cards, so today we’ve got a couple of 2nd chance credit cards for you to take a look at.
Barclaycard Initial
- 29.9% APR. Might sound like a lot but this is pretty average for a rebuilding card. They want to make you pay off your balance at the end of every month so they scare you with this.
- Free purchase delivery insurance and identity theft protection.
- Access to the Barclaycard Freedom reward scheme. This is one of the best reward systems today and basically means that you accumulate cash on your card to redeem at stores when you want.
Capital One Classic
- 34.9% APR. Much higher than Barclaycard. We understand that you should be put off spending too much money, but we didn’t mean you should be scared to death of the interest rate!
- Instant decision online when you apply. Not really in great competition with the Freedom reward scheme from Barclaycard.
There really isn’t much more to Capital One than helping you rebuild your credit rating. Barclaycard clearly win hands down in this comparison.
Similar Posts:
- Bad Credit Card Comparision
- Why You Could Be Paying More with Your Rewards Credit Card
- Step By Step Guide on How to Rebuild the Credit Score
- Compare credit card offers before you make your decision
- Tougher punishment for late payers
