Credit Card for Borrowers with Bad Credit

Now there are some new credit cards available now and it’s specially designed for people with bad credit as well as for people with no credit at all.

Almost everyone have seen the 0 APR and Capital One Credit Card commercials, but the question is what if you haven’t established credit or have a bad credit history? There are a number of different companies that offers credit card but not all company’s accepting people with bad credit.

The Public Savings Secured Visa® Credit Card has been designed for customers with poor or bad credit. The company sad that there are no annual or monthly fees and their clients credit score is “not a factor”.

The new Public Savings card is more safe and protected, so customers will need to place a deposit in a bank account. This new card will help client’s credit score. On-time payments will be reflected in their credit score. The money is still client’s money but clients are just using it to help client credit record. “We report to all 3 major credit bureaus”, Public says.

Also, the card offers a zero percent introductory APR and an easy-to-follow one page application. As of now, there is no information about balance transfers but their ongoing APR is 11.24%.

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