No credit score, no problem. Here are Graham Stephan’s best credit cards for beginners

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Trying to build credit for the first time? Here is help.

Key points

  • Most credit cards are only available to consumers who already have a credit score.
  • Popular YouTuber Graham Stephan recently provided a list of credit cards for beginners.

When it comes to establishing credit, everyone starts at the same place. There won’t be many credit cards to qualify for at first, since you don’t have much or no credit history. As your credit score improves, you will have many more options available.

YouTuber Graham Stephan, who is a popular source for financial advice, recently made his picks for the best credit cards for beginners. These include cards that you can get without any credit score, as well as some beginner-friendly cards that require a moderate credit history.

1. Discover it® secure credit card

The Discover it® Secured Credit Card comes first, and it’s a great choice for those starting from scratch. As this is a secured credit card, you must pay a refundable deposit to open it. The deposit is a protection for the card issuer, so they can approve consumers who have no credit history.

There is no annual fee for this credit card, which is a big plus for a first-time credit card. It offers cashback and a sign-up bonus, two features most secured credit cards don’t have.

2. Petal® 2 “Cash Back, No Fee” Visa® Credit Card

One of the most unique card options, the Visa® Petal® 2 “Cash Back, No Fees” credit card does not require a security deposit or credit score. If you don’t have a credit history yet, you can let Petal use your bank history instead during the application process. This way, Petal can verify that you regularly pay your bills and approve you based on that.

Another good thing about this starter credit card is that it is completely free. There are no annual fees, foreign transaction fees, late payment fees or other additional fees. It also reimburses you in cash on your purchases.

3. Amazon Rewards Visa Signature Card

For Amazon shoppers, an Amazon credit card is a great way to build up credit and earn lots of cash back. Stephan put the Amazon Rewards Visa signature card on his list, which is Amazon’s card for consumers who aren’t Prime members. But if you have a Prime membership, you can apply for the Amazon Prime Rewards Visa Signature Card, which offers a better refund rate.

Both cards have relaxed approval guidelines. Applicants with a FICO® score of around 640 or higher have a high chance of being approved.

4. Chase Freedom Flex℠

This is where the list switches to cards that are a little harder to get. The Chase Freedom Flex℠ is a fantastic credit card for beginners due to its beginner-friendly benefits. He has:

  • A substantial sign-up bonus with a low minimum spend
  • High cashback rates across multiple bonus categories
  • A 0% APR introductory offer
  • No annual fee

However, this is not an option if you have no credit history. Chase normally only approves applicants with what is considered good credit, i.e. a FICO® score above 670. This is a card to check after working on increasing your credit for a year or two.

5. Citi® Double Cash Card – BT 18 Month Offer

The Citi® Double Cash Card Offer – 18 Months BT is another beginner’s card that’s easy to use and offers a ton of value. It earns 2% cash back on purchases, paid out 1% when you make the purchase and the other 1% when you pay your bill on the due date. This card also contains:

Again, approval requirements are stricter with this card. You’ll likely need a FICO® score above 670 to get it.

Honorable Mentions

There were also two other credit cards that Stephan included as honorable mentions. Like the Chase and Citi cards above, these are aimed at consumers with good credit:

Stephan’s list has some great options for credit card beginners. If you’re starting from scratch, the Discover Card or the Petal Card are the easiest to get. If you have a credit history, you may also qualify for the other cards he mentioned.

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