If you are a recent immigrant with an SSN and ITIN, you can apply for a Citi Secured Mastercard. With this card you can improve your credit score and deposit a small amount. For $200, you could deposit $49 and then pay off the balance each month. Citi's secured credit cards can be a good option for those who don't have the funds to spend.
Capital One Platinum Secured Visa Card
Capital One Platinum Secured Card is an option for immigrant credit builders. This card comes with no annual fees and does not require a Social Security number. It is an affordable way to build your credit. This card is also suitable for immigrants who have limited credit histories.
Capital One Platinum Secured Credit Card for Immigrants comes with a $200 Security Deposit. This card can help you improve credit and build solid payment histories. The credit card also reports to all three credit bureaus, which is a great feature for those with poor credit.
Citi Secured Mastercard
A credit card is a way for immigrants to access the United States. You have many options. The first option is a secured card. It requires a deposit, which is usually less than the credit limit of the card. The benefits of a traditional card include cash back, extended warranties, and travel aid. This type of card reports your activity directly to the three major credit bureaus so your credit history can be checked.
An immigrant looking to build credit might want to consider a secured, rewards-based credit card. This card is great if you are an immigrant looking to build your credit. This card is great for those without enough credit to get an unsecured loan.
Discover it(r), Secured Card
The Discover it Secured Credit Card for people with poor credit scores is one of the most affordable on the market. This card earns a good cash back rate and doesn't have an annual charge, which is a difference from other unsecured cards. It can be upgraded to a standard credit card after you have used it responsibly for 7 months.
It is possible that you have questions about how to use a credit-card as an immigrant. First, it is important to understand that you shouldn't make large purchases with your new credit card. Instead, limit purchases to 30% of your total credit limit. You should also carefully read the contract to ensure you fully understand the terms and fees of your new account. Credit cards with high APR rates should be avoided. It is also important to look for an account with an annual fee of less than $50.
Get the Deserve EDU Mastercard For Students
The Deserve Mastercard for Students credit card is for international students and immigrants in the United States. To qualify, you must either be an immigrant (or an international student) enrolled at an American institution of higher learning. The card doesn't charge foreign transaction fees.
Students can get cash back with the Deserve EDU Mastercard. You can earn 1 percent cash back on textbooks, gear, school supplies, and other educational expenses. Additionally, you'll earn unlimited 1 percent cash back on all purchases, excluding gambling-related purchases and account fees.