So you've got bad credit, huh? That doesn't mean your dreams of traveling the world are doomed! Welcome to Flik Eco, where we believe that everyone deserves a chance to explore, even if your credit isn't sparkling. In this article, we'll outline the best travel credit cards for those with less-than-perfect credit. Buckle up and let's dive in!
Best Travel Credit Cards For Bad Credit Table of Contents
What To Look For In A Travel Credit Card For Bad Credit
Limited or No Credit Check Required
When searching for a suitable travel credit card if you have bad credit, prioritize cards that perform only a limited credit check or none at all. This factor will increase your chances of approval.
Low or No Fees
High fees are the last thing you need when trying to rebuild your credit. Look for a travel credit card with minimal or no annual fees and low foreign transaction fees.
Secured vs. Unsecured
Secured credit cards require an upfront deposit to secure your credit line. Fortunately, there are also unsecured options available that don't require a deposit, although the credit limit may be lower.
Rewards and Perks
While people with bad credit may not have access to the most generous rewards programs, there are still travel credit cards that offer attractive perks. Seek a card that offers at least cashback or travel rewards.
Top Travel Credit Cards For Bad Credit
- Capital One QuicksilverOne Cash Rewards Credit Card
- Limited credit check required
- $39 annual fee
- 1.5% cashback on all purchases
- No foreign transaction fees
- Credit One Bank® Visa® Credit Card
- Limited credit check required
- Annual fee varies between $0-$99
- 1% cashback on qualifying purchases
- 3% foreign transaction fee
- Secured Mastercard® from Capital One
- Secured card with a minimum deposit of $49, $99, or $200, depending on credit
- No annual fee
- No foreign transaction fees
- Not specifically a travel card, but useful due to minimal fees
- Petal® Visa® Credit Card
- No credit history required
- No annual fee
- 1%-1.5% cashback, depending on your payment history
Best Travel Credit Cards For Bad Credit Example:
Let's walk through a scenario. Meet Sarah, a college student with limited credit history and a subpar credit score. She's planning a study abroad trip to Spain and wants a travel credit card to reduce foreign transaction fees and earn rewards.
After researching her options, Sarah chooses the Capital One QuicksilverOne Cash Rewards Credit Card. This card doesn't require an excellent credit score and offers 1.5% cashback on all purchases. Additionally, it doesn't charge foreign transaction fees.
Sarah's diligent credit card usage and on-time payments help improve her credit score over time. Plus, she gets to enjoy cashback rewards and avoid unnecessary fees during her study abroad experience.
With a little research and determination, even those with bad credit can find a travel credit card that suits their needs. Remember to consider each card's fees, rewards, and credit check requirements before diving into an application.
Now that you're armed with the best travel credit cards for bad credit, it's time to start planning your next adventure! If you found this article helpful, don't forget to share it with friends and family embarking on their own journey toward better credit. Don't stop there, though – explore more personal finance tips and tricks right here on Flik Eco!
