Bad credit gas cards are a great way to build your credit while fueling up at the pump. You can earn bonus points and cash rewards for purchases at retailers using your card. When choosing a bad credit gas card, take time to compare the terms and conditions of each one. By following the terms and conditions, you can improve your banking history and credit score. It is worth it to try several different types of cards to find the best one for you.
BB&T Spectrum Rewards(r) Credit Card
The BB&T Spectrum Rewards Credit Card is a good choice if you want a card with a low annual fee and low interest rate. This card offers 3% cash back on eligible purchases and has no foreign transaction fees. The only catch is that you must pay a fee of 3% or $10 when you transfer the balance from another card. Other benefits of this card include flexibility of rewards, flexible payment options and gift cards.
If you have bad credit and have no income, the BB&T Spectrum Rewards Credit Card could be the best option for you. You can earn cash back on your everyday purchases and build your credit history at the same time. Unfortunately, many secured credit cards do not offer rewards, but the BB&T Spectrum Cash Rewards Secured Credit Card does. Its low annual fee and free VantageScore credit score monitoring will help you rebuild your credit history while building your cash flow.
Discover it Secured Credit Card
If you want a card that rewards you for buying gas, the Discover it Secured Credit Card for bad credit is a great choice. It features a no annual fee, forgiving credit requirements, and double cash back rewards on your purchases. What’s more, Discover will match your cash back rewards after your first year. That means you can earn up to double the cash back you already earn! While this isn’t the best gas card, it is definitely a good choice if you have poor credit.
After seven months, Discover will automatically review your account and determine whether you qualify for an unsecured card. If you qualify, your security deposit will be refunded, and you will receive your unsecured card without applying again. To keep your credit score high, you can monitor your progress by using the account and ensuring that all payment obligations are met. After this time, you can start using your new card without any worries.
BB&T Indigo Platinum Mastercard
While BB&T Indigo Platinum Mastercard is not one of the best gas cards for people with poor credit, it does offer a few features that make it more appealing for those with bad credit. Unlike other cards, it requires no deposit and does not report your credit score to the major credit bureaus. In addition, its high interest and fees are similar to those charged by other issuers.
Although the card charges an annual fee of $99, it is not bad when compared to similar cards in the unsecured bad credit market. It accepts applications from people with credit scores as low as 300 and charges $0 to $99 for annual fees. If you have less-than-perfect credit, however, you might want to choose a secured credit card instead. These cards often come with low annual fees and can even lead to an upgraded unsecured card.
Fortiva(r) Cash Back Reward Card
Fortiva(r) Cash Back Reward Cards are a popular option for bad credit consumers looking for a credit card with rewards. The Fortiva Cash Back Reward Card can help you earn 3% cash back on gas purchases and enjoy 1% on all other purchases. It also comes with a decent credit limit up to $1,000 and no one-time fees. In addition to offering cash back on every purchase, this card is easy to use and offers an excellent customer service experience.
Credit card companies usually charge high interest rates on closed loop gas cards. You can improve your credit score by paying off your balance in full each month. A closed-loop card will automatically revoke your rewards after six months, so it is important to use the card carefully. While it may seem tempting to pay off your entire balance every month, a low credit score will make these cards less appealing.
BobJ