Guaranteed $1000 Limit Credit Cards

OpenSky® Secured Visa® Credit Card

All credit types welcome to apply – OpenSky® Secured Visa® is one of the best possible options you have on the current credit market. It can be used for anything and has low limitations regarding who can get it, as they don’t want credit reviews.

The minimum deposit is $200, the maximum one is $3000. You will get no rewards or bonuses, but nevertheless, OpenSky® Secured Visa® is a great loan request choice. It has excellent features: an annual fee of $35 and a low to average APR of about 18%. So, it is perfect for building your score.

Indigo® Platinum MasterCard®

Indigo® MasterCard® is a fantastic choice when you need something with low limits for shopping or other similar purposes. In addition, it is unsecured and, as such, does not require a deposit to use. That makes it widely available and a common choice for many, even with a bad score.

Indigo® Platinum® does not dig deep into your financial history. You can quickly prequalify for the card and get a $0 annual fee if you qualify or up to $90 if you don’t.
The credit limit is set anywhere from a credit limit of 300 1,000 dollars. What you will get as a limit strongly depends on your qualifications.

Finally, we can say that the Indigo is impressive but not perfect. It can quickly give you the money you need, but the APR rate is high – about 25%, and you get no additional rewards from using Indigo® MasterCard®.

Credit One Bank® Unsecured Visa® (for Rebuilding credit)

Credit One Bank® Unsecured Visa® is another option for those wishing to rebuild their score or simply need a card with low limits.

Wonder why this may be the best option for you? Well, there are many benefits (including travel benefits) like:

• Low limit, ranging from a minimum of $300.
• No minimal deposit – it is unsecured, after all.
• Periodic reviews that improve your score.
• One percent cashback when paying with it for gas stations, groceries, and bills.

The downside of Credit One Bank® Unsecured Visa® is the high annual fee of $75 for the first year and $99 afterward. However, excluding that and the high regular APR of about 26%, everything else is perfect for rebuilding your score.

First Progress Secured Credit Card

The First Progress Platinum Prestige Secured MasterCard is viable for those looking to establish or repair their credit. It offers credit lines ranging from $200 to $2,000 and reports your activity to major credit bureaus, potentially improving your credit score. 

However, it has a $44 annual fee and lacks bonuses or rewards. Additionally, its APR for cash advances is higher, and payments may take some time to reflect on your account. 

Overall, if your primary goal is to build or rebuild your credit while having access to MasterCard® benefits, this card can be a valuable tool.

Reflex® Platinum Mastercard®

The Reflex® Platinum Mastercard® offers a credit limit that can double from $1,000 to $2,000 when you make your first 6 monthly minimum payments on time. It allows you to check if you’re pre-qualified without affecting your credit score, making it accessible to all credit types. 

You also get free access to your Vantage 3.0 score from Experian when you sign up for e-statements. The initial credit limit ranges from $300 to $1,000, subject to available credit, and your monthly activity is reported to all three major credit bureaus.

With a fast and easy application process and acceptance at Mastercard® locations worldwide, this card is a suitable option for building credit. However, it carries a high regular APR of 29.99% (Variable).

Merrick Bank Double Your Line® Mastercard®

The Merrick Bank Double Your Line® Secured Credit Card requires a refundable security deposit ranging from $200 to $3,000, which sets your credit limit. After seven months of on-time payments, the bank may double your credit limit without an additional deposit, aiding in credit building. However, it lacks rewards and offers only limited benefits. The first-year annual fee is $36, billed at $3 monthly after that.

Benefits include zero liability protection, free monthly access to your FICO credit score, online bill payment, and standard Visa perks like ATM access (with a 4% cash advance fee, Min: $10) and emergency card replacement. Merrick Bank reports your activity to major credit bureaus: Equifax, TransUnion, and Experian.

Key Details:

• Annual fee: $36 first year, $3 per month thereafter
• No rewards or welcome offer
• Minimum deposit: $200, maximum: $3,000
• Credit limit doubling after 7 months of on-time payments
• Regular APR: 22.70% Variable
• Foreign transaction fee: 2%

Discover it® Student Cash Back

Discover offers the Unlimited Cashback Match, where they double all the cash back you earn in your first year with no spending limits. You can turn $50 into $100 or $100 into $200. 

When activated, enjoy 5% cash back on rotating categories like Amazon, groceries, restaurants, and gas stations, along with 1% cash back on all other purchases. No credit score is needed to apply.

No annual fee makes it suitable for credit-building, especially for students. Additionally, you get a 0% intro APR on purchases for 6 months, followed by a variable APR of 18.24% – 27.24%.

Bank Americard® Secured Credit Card

The BankAmericard® Secured Credit Card is designed to assist in establishing, strengthening, or rebuilding credit. To open the account, a minimum security deposit of $200 (maximum of $5,000) is required, and your credit limit is determined by your deposit, income, and ability to pay.

Card Details: 

• Introductory APR: None
• Standard APR: 26.24% variable 
• Annual Fee: $0
• Balance Transfer Fee: 3% of each transaction (minimum $0)

Destiny® MasterCard® Credit

The Destiny Credit Card is an unsecured card designed for individuals with poor credit histories, including those with prior bankruptcies. It reports your payment activity to all major credit bureaus, helping you rebuild your credit. The card offers a variable annual fee based on your credit profile and provides Mastercard ID Theft Protection.

Benefits include a pre-qualification tool with a soft credit pull, no penalty APR, zero liability protection, and the option to set up autopay. 

However, there are drawbacks, such as annual fees ranging from $39 to $175 for the first year (depending on creditworthiness) and $49 after that, high APRs, additional fees for late payments, overlimit situations, and foreign transactions. 

The card also has lower initial credit limits and does not offer rewards or cashback benefits.

Discover It® Reward Credit Card

The Discover it® Credit Card offers an appealing cash-back reward – an automatic dollar-for-dollar match of all the cash back earned in the first year. 

Card Features and Rates

• 0% introductory APR for 15 months on purchases and balance transfers made by December 10, 2023.
• After the introductory period, the APR varies from 17.24% to 28.24% based on your creditworthiness.
• Cash advances carry a fixed APR of 29.99%.

There are no penalty APRs associated with this card. To avoid interest charges on purchases, pay your entire balance by the due date each month.

Transaction and Penalty Fees

• Transaction fees include a 3% introductory balance transfer fee.
• Post-intro balance transfers incur a 5% fee.
• Cash advances have a fee of either $10 or 5% of the advance amount, whichever is greater.
• Late and returned payments may result in fees of up to $41.

Capital One Platinum Credit Card

The Platinum Mastercard® from Capital One offers a credit solution with no annual fee. However, it comes with a high APR of 30.49% for both purchases and cash advances, which can vary based on the Prime Rate.

To avoid interest on new purchases, you must pay your previous balance in full by the due date, which is at least 25 days after each billing cycle closes. Interest on cash advances and transfers starts accruing from the transaction date. 

Fees Associated with the Card:

• 3% transaction fee on transferred balances at a promotional APR
• Cash advance fee: Either $3 or 3% of the advance amount, whichever is greater
• Late payment penalty fee: Up to $40

Capital One QuicksilverOne Cash Rewards Credit Card

The QuicksilverOne card from Capital One offers a steady 1.5% cash back on all purchases without any limits. However, it comes with a high annual percentage rate (APR) of 30.49% for both purchases and cash advances, which can vary with the market based on the Prime Rate.

Fees Associated with the Card:

• Annual Fee: $39 per year.
• Balance Transfer Fee: 3% for balance transfers at promotional APR rates (no fee for Transfer APR).
• Cash Advance Fee: Either $3 or 3% of the transaction amount, whichever is higher.
• Late Payment Fee: Up to $40 for late payments.

To avoid interest charges on new purchases, you must pay your previous balance in full by the due date each month, with a minimum grace period of 25 days. Interest on cash advances and transfers starts accruing from the transaction date.

Surge MasterCard® Credit Card

The Surge Mastercard provides an initial credit limit of $300 to $1,000, usable wherever the Mastercard is accepted. Timely payments and staying under your credit limit can boost your credit score, and your initial limit doubles after six on-time minimum payments.

Enjoy security with Mastercard Zero Liability Protection and Continental Finance reports to all major credit bureaus (TransUnion, Experian, Equifax) to aid in credit building.

Activate your Surge Mastercard, enroll in e-statements, and access a free monthly credit score to track the impact of on-time payments, making it a valuable tool for credit improvement.

Citi® Secured MasterCard®

The Citi® Secured Mastercard® is tailored for individuals new to credit or aiming to improve their credit history. To obtain this card, you must meet credit qualification criteria, including assessing your income and debt. Upon approval, you’ll need to provide a security deposit ranging from $200 to $2,500, which becomes your credit limit.

Key card details include:

• 27.74% variable APR for purchases and balance transfers, 
• 29.99% variable APR for cash advances,
• potential penalty APR of up to 29.99% for late or returned payments. 

There’s no annual fee, but foreign purchases incur a 3% fee, and cash advances and balance transfers carry respective fees of $10 or 5% of the transaction amount.

Milestone® Gold MasterCard®

The Milestone Mastercard is an unsecured credit card designed for individuals looking to establish or rebuild their credit. It reports your account history to all major credit bureaus, helping you build a consistent payment record. 

The card has a fixed APR of 24.9% and an annual fee ranging from $35 to $99. Unfortunately, it doesn’t offer any rewards program. The foreign transaction fee is just 1%.

To qualify for the Milestone Mastercard, you must:

•  be at least 18 years old, 
• have a valid social security number, a physical US address, and a US IP address
• not have had a previous Milestone Mastercard account charged off due to delinquency. 
• meet additional credit criteria, including income and debt review and identity verification.

Additionally, cardholders receive Mastercard Benefits at no extra cost, including ID Theft Protection and Zero Liability protection for unauthorized transactions. For more details, refer to the Mastercard Guide to Benefits. Your new card typically arrives within 14 business days of approval.