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What credit card can I get with a 550 credit score?

You can qualify for both unsecured and secured credit cards with a 550 credit score. Each individual card below has an easy application process with instant approval.


Credit Cards For 550 Score

second chance credit card unsecured

FIT Mastercard®


The Fit Mastercard® is designed for people with less than perfect credit.

$400 credit limit doubles to $800! (Simply make your first 6 monthly minimum payments on time)

  • All credit types welcome to apply
  • Monthly reporting to the three major credit bureaus.
  • Initial Credit Limit of $400.00* (Subject to available credit).
  • Fast and easy application process; results in seconds.
  • Use your card at locations everywhere Mastercard® is accepted.
  • Free access to your Vantage 3.0 score from Experian* (When you sign up for e-statements).
  • Checking Account Required.
Click Here To Apply
second chance credit card with no security deposit

Applied Bank® Unsecured Classic Visa®

Get Pre-Qualified in Less Than a Minute. It features a $300 limit.

  • A $300 Unsecured Credit Line which can be used at Grocery Stores, Gas Stations, Discount Stores, ATM's and Online!
  • A REAL Visa® Credit Card with Automatic Reporting to all Three National Credit Bureaus.
  • No Penalty Rate. Your Rate Won't Go Up Even If You are Late.
  • Access Additional Credit With On-Time Payments and Responsible Usage.
  • A True Unsecured EMV enabled (chip) Visa Credit card.
  • Does not require perfect credit for approval.
  • Fixed APR and Manageable Monthly Payments.
credit card for bad credit

Reflex Mastercard®

The Reflex Mastercard® is designed for people with less than perfect credit.


Credit Limit Range: ($300, $500, $750, $1,000)


Up to $1,000 credit limit doubles up to $2,000! (Simply make your first 6 monthly minimum payments on time)

  • See if you’re Pre-Qualified with no impact to your credit score.
  • All credit types welcome to apply
  • Free access to your Vantage 3.0 score from Experian* (When you sign up for e-statements).
  • Monthly reporting to the three major credit bureaus.
  • Fast and easy application process; results in seconds.
  • Use your card at locations everywhere Mastercard® is accepted.
  • Checking Account Required.

Cards To Build Credit

What are the best credit cards for people with a 550 credit score?

For people with a 550 credit score, the best credit card will depend on the person's individual needs. For example, if you want to earn cash back on your purchases, then the best credit card for you is Discover it. If you want a low interest rate and no annual fee, then the Capital One Quicksilver Cash Rewards Credit Card is a good option.

The other factors that should be considered are whether there are any specific rewards or benefits that one would like to receive from their credit card. For example, if you drive a lot and need to fill up your tank often, then the ExxonMobil Platinum MasterCard may be worth looking into as they offer 3% cash back on gas purchases at ExxonMobil stations.

The cards mentioned above are unsecured credit cards. This mean there is no security deposit required for you to put down. You simply apply and get approved for a certain amount. If you are unsure about you odds of approval, there are other alternatives. The alternative is to apply for a secured credit card. You use your own money as low as $200 to build your score.

How do I get a 550 credit score?

A credit score is a number that is used to measure your credit risk. Credit scores are calculated based on the information in your credit report. There are many factors that determine your credit score, such as how often you have missed payments, how much debt you have, and how long you have had credit accounts. The higher the number, the greater your chance of being approved for loans and other types of credit. A 550 credit score is a good start when it comes to getting approved for loans or other types of credit.

What are the benefits of having a 550 credit score?

A 550 credit score is considered to be bad credit. If you want to raise your credit score, there are some things that you can do such as paying off old debts, keeping your balances low and not opening new accounts too often.

What are the disadvantages of having a 550 credit score?

A 550 credit score is not a bad credit score. However, there are some disadvantages of having a 550 credit score which may include:

-Lower chances of getting approved for loans and mortgages.

-Higher interest rates on loans and mortgages.

-Limited access to certain financial products like checking accounts and debit cards.

What can I do to improve my credit score?

There are a few things that you can do to improve your credit score. One of the most important things is to make sure your credit card balance is lower than 30% of the limit. You should also try to pay your bills on time and don't open too many accounts at once.

What credit limit can I get with a 550 credit score?

You can qualify for a limit from $300 - $750 on average with this credit score. If you have high income, you may be able to get $1,000. To increase your limit, you want to make 6 on-time payments (6 months) and then ask for an increase.

How can I raise my credit score from 550 to 700?

To help you understand the basics of credit scores and how to raise your credit score from 550 to 700. Credit score is a number that represents the likelihood that you will repay any loans or make payments on time. The higher your credit score, the more likely you are to be approved for loans and other products.

The three main factors that affect your credit score are:

1) Payment history - this includes when you make payments and how much of your debt balance is paid off each month;

2) Amounts owed - this includes what types of accounts you have, how many accounts are open, and whether or not there is a balance on those accounts;

3) Length of credit history - this includes how long it's been since you opened an account or made.

Try your best to implement all 3 of the above for a minimum of 2 years and watch your score steadily rise into the 700’s.

What is considered bad credit?

Bad credit is a term used to describe a person's credit score. A person with bad credit is someone who has a low credit score, or someone who has been denied credit from a lender. In the United States, there are three major credit bureaus that collect information about an individual's credit history and provide that information to lenders. These three bureaus are Equifax, Experian, and TransUnion.

A person's bad credit can be due to many different factors. One of the most common reasons for having bad credit is not paying bills on time or being late on payments. This can lower your overall score because it reflects poorly on your ability to repay debts. Another reason for having low scores is if you have too much debt in relation to your income level and other obligations such as taxes and other bills.

Read more about applying for Arvest Bank Credit Card.


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