Best Credit Cards for Fair Credit in 2024

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The best credit cards for fair credit hit the sweet spot between being easy to get and offering great perks. The Capital One Platinum Credit Card is our top pick if you have average credit since it’s a no-annual-fee card that doesn’t require a security deposit. If you’re looking for cash back, the Capital One QuicksilverOne Cash Rewards Credit Card is also available, offering 1.5% cash back on all purchases despite a $39 annual fee.

In selecting the best cards for fair credit, we’ve meticulously analyzed cards based on their accessibility, fees, rewards and credit-building potential. Our picks are grounded in a methodical approach that weighs each card's benefits against the needs of individuals with fair credit.

Best Credit Cards for Fair Credit

We found the best cards available for fair credit scores. Some cards feature no annual fee, while others allow you to earn cash back from your purchases.

*Moneygeek.com credit ranges are a variation of FICO® Score 8, one of many types of credit scores lenders may use when considering your credit card application.

Credit Card	MoneyGeek Rating	APR	Annual Fee	Rewards Summary	Recommended Credit
Capital One Platinum Credit Card Read review	5/ of 5	29.99% variable	$0	No Rewards	580-740 (Fair to Good)	Review & Apply On Issuer's Site
Capital One QuicksilverOne Cash Rewards Credit Card Read review	4.6/ of 5	29.99% variable	$39	Earn 1.5–5% cash back	580-740 (Fair to Good)	Review & Apply On Issuer's Site
Capital One Savor Student Cash Rewards Credit Card Read review	4.2/ of 5	19.49% - 29.49% variable	$0	Earn 1%–8% cash back	(No Credit History)	Review & Apply On Issuer's Site
Capital One Quicksilver Student Cash Rewards Credit Card Read review	3.6/ of 5	19.49% - 29.49% variable	$0	Earn 1.5%–10% cash back	(No Credit History)	Review & Apply On Issuer's Site
Capital One Quicksilver Secured Cash Rewards Credit Card Read review	4.4/ of 5	29.99% variable	$0	Earn 1.5%–5% cash back	(No Credit History)	Review & Apply On Issuer's Site

Best Cards for Fair Credit by Category

Evaluate your lifestyle and financial goals to find the right card for fair credit. While the cards in this category are limited, you still have plenty of options, whether you're after cash back or minimal fees.

Best No Annual Fee Card for Fair Credit

Capital One Platinum Credit Card

MoneyGeek Rating

5/ of 5

REVIEW & APPLY

On Issuer's Site

Rewards Summary

No Rewards

APR

29.99% variable

Annual Fee

Recommended Credit

580-740 (Fair to Good)

The Capital One Platinum Credit Card is a solid choice for those looking for straightforward functionality. With no hidden fees and a quick approval process, it's user-friendly and transparent. The potential for credit line enhancement in just six months and complimentary credit score monitoring are great tools for those focused on financial growth. While it doesn't offer a rewards system, and its APR is on the higher side, its features like 24/7 account access, contactless payments and payment flexibility make it a reliable card for everyday use.
PROS
- No annual or hidden fees
- Fast approval process
- Potential for higher credit line
- Free credit score monitoring
CONS
- No reward system
- High APR
- APRS, Fees, and Penalties
  - Enjoy no annual or hidden fees with this card.
- Credit Building
  - Benefit from an automatic credit line review after six months.
  - Responsible card use can help build your credit.
- Security Features
  - $0 Fraud Liability protects you from unauthorized charges.
- Account Management
  - Manage your account 24/7 via desktop or smartphone with the Capital One app.
  - Monitor your credit score for free with CreditWise.
- Payment Options
  - Check out quickly and securely with the contactless payment feature.
  - Choose flexible payment options with no fees, including online, by check, or at a local branch.

Best Cash Back Cards for Fair Credit

Capital One QuicksilverOne Cash Rewards Credit Card

MoneyGeek Rating

4.6/ of 5

REVIEW & APPLY

On Issuer's Site

Rewards Summary

Earn 1.5–5% cash back

APR

29.99% variable

Annual Fee

$39

Recommended Credit

580-740 (Fair to Good)

The Capital One QuicksilverOne Cash Rewards Credit Card offers unlimited 1.5% cash back on every purchase, making it a solid choice for those with fair credit aiming to build their credit profile. It's particularly beneficial for individuals who pay off their balances in full each month. However, the card's $39 annual fee and high 29.99% variable APR should deter those still managing debt.
PROS
- Earn 1.5% cash back on all purchases
- Automatic credit line reviews
CONS
- Annual fee
- High regular APR
- No introductory 0% APR offers
Rewards
- Earn unlimited 1.5% cash back on all purchases.
- Earn 5% cash back on hotels and rental cars booked through Capital One Travel.
Perks & Benefits
- Enjoy $0 Fraud Liability for unauthorized charges.
- Be considered for a higher credit line in as little as six months.
- Use contactless payment for quick and secure transactions.
Credit Building
- Monitor your credit score for free with CreditWise from Capital One.
- Strengthen your credit with responsible card use.

Navy Federal Credit Union cashRewards Card

MoneyGeek Rating

4.3/ of 5

Rates & Fees

REVIEW & APPLY

On Issuer's Site

Rewards Summary

Earn 1.5% cash back

APR

15.40% -18.00%

Annual Fee

None

Recommended Credit

590-850 (Fair to Excellent)

The Navy Federal cashRewards is designed for NFCU members (which requires a military background) starting their credit journey. You can qualify with fair credit and enjoy unlimited 1.5% cash back on all purchases, a $200 welcome bonus and no annual fee.
PROS
- No annual fee
- Unlimited 1.5% cash back on purchases
- Sign-up bonus
- No balance transfer or foreign transaction fees
- Low regular APR
CONS
- Requires Navy Federal Credit Union membership
- No intro APR offer
Fees
- Annual Fee: None
- Balance Transfer Fees: None
- Foreign Transaction Fee: None
- Cash Advance Fees: None
- Late Fees: Up to $20.00
- Penalty APR: 18.00%
Rewards and Bonuses
- Cash Back: Earn unlimited 1.5% cash back on all purchases
- Introductory Offer: Earn a $200 cash back bonus after spending $2,000 within 90 days of account opening. (offers lasts from Oct. 10, 2024 to Dec. 31, 2024)
APRs
- Introductory APRs: None
- Regular APRs: 15.40% -18.00% variable, based on creditworthiness
Additional Perks
- One-time $98 statement credit for an annual Walmart+ membership
- 0% liability for unauthorized transactions
- Access to your credit score

Best Secured Card for Fair Credit

Capital One Quicksilver Secured Cash Rewards Credit Card

MoneyGeek Rating

4.4/ of 5

REVIEW & APPLY

On Issuer's Site

Rewards Summary

Earn 1.5%–5% cash back

APR

29.99% variable

Annual Fee

Recommended Credit

(No Credit History)

You can qualify for the Capital One Quicksilver Secured Cash Rewards Card with limited or bad credit and be on a path to an unsecured card after six months. Meanwhile, you earn a flat 1.5% cash back on all purchases. However, a $200 security deposit is required to get started.
PROS
- Qualify with limited or bad credit
- Unlimited cash back on all purchases
- No annual fee
- Potential upgrade to unsecured card
- Reports to the three major credit bureaus
CONS
- High security deposit
- Requires bank account
- APRS, Fees, and Penalties
  - Enjoy no annual or hidden fees.
- Rewards
  - Earn unlimited 1.5% cash back on every purchase.
  - Get 5% cash back on hotels and rental cars booked through Capital One Travel.
- Perks & Benefits
  - Benefit from $0 Fraud Liability for unauthorized charges.
  - Monitor your credit score for free with CreditWise from Capital One.
  - Be considered for a higher credit line in as little as 6 months without an additional deposit.
- Credit Building
  - Secure a $200 initial credit line with a refundable $200 deposit.
  - Earn back your security deposit as a statement credit by making on-time payments.

Best Student Card for Fair Credit

Capital One Savor Student Cash Rewards Credit Card

MoneyGeek Rating

4.2/ of 5

REVIEW & APPLY

On Issuer's Site

Rewards Summary

Earn 1%–8% cash back

APR

19.49% - 29.49% variable

Annual Fee

Recommended Credit

(No Credit History)

The Capital One Savor Student Cash Rewards Credit Card shines as a versatile financial ally, particularly for the modern spender. Enjoying a meal out, streaming your favorite shows or even just shopping for groceries? This card has you covered with rewarding cash back in a variety of categories. Plus, its introductory bonus, solid Uber benefits and entertainment perks make it even more appealing. The security features add peace of mind, allowing you to lock your card instantly. While it's wise to be aware of this card's APR and rewards limitations, its strengths stand out for everyday spending.
PROS
- No annual fee
- Comes with a welcome bonus
- Diverse bonus categories
- No rewards limit
- Includes security protections
CONS
- Potentially high APR
- Bonus cash back doesn’t extend to superstores
- Rewards
  - Earn 3% cash back at grocery stores (excluding superstores like Walmart and Target), on dining, entertainment, and popular streaming services.
  - Earn 1% cash back on all other purchases.
  - Earn 5% cash back on hotels and rental cars booked through Capital One Travel.
  - Enjoy 8% cash back on entertainment purchases through the Capital One Entertainment portal.
- Introductory Offers
  - Earn $50 when you spend $100 in the first three months.
- APRS, Fees, and Penalties
  - No annual fee, foreign transaction fees, or hidden fees.
- Perks & Benefits
  - Benefit from $0 Fraud Liability for unauthorized charges.
  - Earn up to $500 a year by referring friends and family when they're approved for a Capital One credit card.
  - Build your credit with responsible card use.
  - Suitable for students at a 4-year university, community college, or other higher education institution.

Capital One Quicksilver Student Cash Rewards Credit Card

MoneyGeek Rating

3.6/ of 5

REVIEW & APPLY

On Issuer's Site

Rewards Earning

Earn unlimited 1.5% cash back on every purchase, e...

APR

19.49% - 29.49% variable

Annual Fee

Recommended Credit

(No Credit History)

Rewards Summary

Earn 1.5%–10% cash back

The Capital One Quicksilver Student Card stands out for its straightforward rewards system, offering daily cash back on all purchases and an attractive initial bonus. The additional benefits can add significant value for students frequently using Uber. Beyond rewards, its emphasis on security, such as fraud protection and a handy app-lock feature, provides peace of mind. While it doesn't have specialized bonus categories and can have a steeper APR, its lack of hidden fees and annual charges make it a solid choice for the financially conscious student.
PROS
- No annual fee
- Cash back on all purchases
- Offers welcome bonus
- Comes with security protections
CONS
- Potentially high APR
- No bonus categories
- Introductory Offers
  - Earn a $50 bonus when you spend $100 in the first three months.
- Rewards
  - Get unlimited 1.5% cash back on all purchases, every day.
  - Earn up to $500 annually by referring friends and family who are approved for a Capital One credit card.
- APRS, Fees, and Penalties
  - Enjoy no annual fee, foreign transaction fees, or hidden fees.
- Perks & Benefits
  - Benefit from $0 Fraud Liability for unauthorized charges.
  - Lock your card in the Capital One Mobile app if it's misplaced, lost, or stolen.
  - Build your credit with responsible card use.
  - Suitable for students at 4-year universities, community colleges, or other higher education institutions.

MONEYGEEK EXPERT TIP

Want to explore options beyond this list? MoneyGeek also ranks the best credit cards for these categories:

More About the Best Cards for Fair Credit

MoneyGeek's top selections for credit cards for fair credit are designed with your financial growth in mind. These cards are easy to get and will allow you to build your credit so you can access cards with better features over time.

Capital One Platinum Credit Card

The Capital One Platinum is a no-annual-fee card that offers an automatic credit line increase review in just six months. Although it lacks a cash back program, it’s a great choice if you want a low maintenance card that helps you build your credit.

MoneyGeek Rating

5/ of 5

REVIEW & APPLY

On Issuer's Site

Capital One QuicksilverOne Cash Rewards Credit Card

The QuicksilverOne is one of the few cards for fair credit that offers cash back, letting you earn unlimited 1.5% cash back on all purchases. However, it comes with a $39 annual fee. If your purchases amount to at least $2,600 per year, you can offset the annual fee using the cash back you earn. It’s a solid choice for folks with fair credit who don’t mind paying an annual fee to get a cash back card.

MoneyGeek Rating

4.6/ of 5

REVIEW & APPLY

On Issuer's Site

Navy Federal Credit Union cashRewards

If you’re a Navy Federal Credit Union member, the Navy Federal cashRewards is a stand-out choice. It offers no annual fee, a $300 welcome bonus and a competitive cash back rate of up to 1.75% on all purchases. You’d be hard-pressed to find a card that can beat its features among credit cards for fair credit.

MoneyGeek Rating

4.3/ of 5

REVIEW & APPLY

On Issuer's Site

Rates & Fees

Capital One Quicksilver Secured Cash Rewards Credit Card

The Quicksilver Secured is the easiest card to get among our picks, but it requires a refundable $200 security deposit. Still, it lets you earn 1.5% cash back on all purchases for no annual fee. You can also receive an automatic credit line review six months after opening your account, and it offers a path to an unsecured card through responsible use. If you have fair credit and don’t mind paying a security deposit, the Quicksilver Secured is a solid option.

MoneyGeek Rating

4.3/ of 5

REVIEW & APPLY

On Issuer's Site

Capital One Savor Student Cash Rewards Credit Card

The Savor Student is an excellent card for students looking to maximize their spending power while building their credit. It’s a no-annual-fee card that comes with a $50 welcome bonus and 3% cash back on dining, entertainment, popular streaming services and grocery stores (all other purchases get 1%).

MoneyGeek Rating

4.2/ of 5

REVIEW & APPLY

On Issuer's Site

Capital One Quicksilver Student Cash Rewards Credit Card

The Quicksilver Student is available to students with fair credit. It offers 1.5% cash back on all purchases, a $50 welcome bonus (after you spend $100 in three months) and no annual fee. It’s a straightforward card that’s great for building your credit while earning simple cash back.

MoneyGeek Rating

3.6/ of 5

REVIEW & APPLY

On Issuer's Site

How We Made Our Picks

MoneyGeek evaluated credit cards for fair credit by analyzing key metrics relevant to consumers with fair credit. We considered factors such as recommended credit scores, fees, rewards programs, interest rates, credit-building features and customer satisfaction. Cards that scored well in these areas were rated higher. This comprehensive evaluation helps you find the best credit card for your specific financial needs and goals.

What Is Fair Credit?

Fair credit is a term used to describe FICO scores that fall between 580 and 669. People with fair credit are often considered subprime borrowers, which means they may be subject to higher interest rates on credit cards and loans. This credit score range indicates a credit history that has some issues, such as limited credit history or past late payments.

Credit cards for fair credit help build or rebuild credit profiles and may include features like credit monitoring and financial education. However, they offer fewer benefits compared to cards for higher credit scores. You may also see a lower reward rate or the presence of an annual fee.

Often, choosing a credit card for fair credit means deciding between enjoying no annual fee or having cash back rewards. For example, the Capital One Platinum has no annual fee but doesn’t offer cash back. On the other hand, the QuicksilverOne offers 1.5% cash back on all purchases but has a $39 annual fee.

Student cards and secured cards are also available for individuals with fair credit, but they come with distinct requirements. Student cards require college enrollment, and secured cards require a security deposit.

Types of Cards for Fair Credit

Credit cards for fair credit come in various forms, each with unique features that cater to different financial needs. Here's a look at the main types available:

Category	Description
Cash Back Cards for Fair Credit	These cards return a portion of your spending as cash rewards. For example, a card offering 1.5% cash back gives you effectively $15 for every $1,000 spent.
No Annual Fee Cards for Fair Credit	These cards don’t charge annual fees. They have fewer perks compared to cards that charge annual fees, but they’re attractive for those who prefer a simple and cost-effective credit option.
Secured Cards for Fair Credit	These require a deposit that typically serves as your credit limit. They're a solid choice for building or rebuilding credit, as they often have higher approval odds. They typically don’t have annual fees and may offer cash back.
Student Cards for Fair Credit	Student cards are designed for students and often have no annual fee. These cards help first-time card users learn to manage credit and build a credit history.

Tips for Picking the Best Card for Fair Credit

If you have average credit, choosing the right credit card can significantly impact your financial health. Here are five useful tips to help you make an informed decision:

Use Prequalification Tools

Before applying, it helps to know your credit score to understand which cards you qualify for. Many issuers offer prequalification tools that let you check your chances of approval without a hard inquiry. Using these tools helps you avoid unnecessary hits on your credit score and wasting your time on cards that are inaccessible to you.

Consider Annual Fees

If you're focused on rebuilding your credit, it's better to have a card with no annual fees and no cash back than having to pay annual fees for a low cash back rate. As your credit improves, you'll have opportunities to upgrade to cards with rewarding cash back at no annual fee.

Look for Credit-Building Features

Choose a card that reports to the three major credit bureaus and offers tools to help you improve your credit score. Features like free credit score access and financial education resources can be very beneficial.

Consider a Secured Card if You Can Afford It

A secured credit card can be an option for people who are having a hard time qualifying for a regular credit card. Secured cards often have no annual fee and can feature cash back rewards, but they require a security deposit.

Find a Secured Card With a Path to an Unsecured Card

If you’re getting a secured card, look for one that offers a path to upgrade to an unsecured version. This transition can help you build your credit and access better perks and rewards over time.

How a Credit Card Can Improve Your Fair Credit Score

A great sign that you’re wisely managing your credit card is making purchases and then paying off the balance every billing period. This strategy can be an effective way to improve a fair credit score. Here’s how:

1
Regular Reporting to Credit Bureaus
Credit card issuers report your activity to credit bureaus. Consistent on-time payments and responsible use are reflected in your credit report, contributing to a positive credit history.
2
Building a Longer Credit History
The length of your credit history affects your credit score. By maintaining a credit card account in good standing over time, you can extend your credit history, which can positively impact your score.
3
Improving Your Credit Utilization Ratio
Credit utilization, or the ratio of your credit card balance to your credit limit, is a key factor in credit scoring. Keeping your balances low compared to your credit limits can improve your credit utilization ratio, boosting your credit score.
4
Opportunity for Credit Line Increases
With responsible use, you may become eligible for credit line increases. A higher credit limit can further improve your credit utilization ratio as long as you don’t increase your spending proportionately.
5
Demonstrating Creditworthiness
Consistently managing your credit card well shows lenders that you are creditworthy. This can lead to better credit opportunities in the future, such as approval for loans with more favorable terms.

FAQ About the Best Credit Cards for Fair Credit

It may feel challenging to find a credit card that fits your needs and goals if you have fair credit. That’s why we’ve responded to some frequently asked questions about cards for fair credit to help you make an informed decision.

What is 'fair credit'?

Fair credit typically refers to FICO scores between 580 and 669, indicating that a borrower has some credit history with a few bumps along the way.

Can you earn rewards with fair credit credit cards?

Yes, some fair credit credit cards offer rewards. For example, the QuicksilverOne card provides cash back on all purchases. However, cash back cards in this category may require an annual fee.

Are there credit cards for fair credit with no annual fee?

Yes, you can find credit cards for fair credit with no annual fee, like the Capital One Platinum.

What should you look for in a secured credit card?

We recommend that you find an easy-to-get card that aligns with your spending habits. If you’re getting a secured card, choose one that lets you upgrade to an unsecured card, like the Quicksilver Secured card.

How can a credit card improve a fair credit score?

Making timely payments and keeping your balances low can help build your credit score over time. This allows you to access cards with better features, lower fees and higher limits.

What are the typical fees associated with fair credit credit cards?

Fees vary depending on the card, but you may encounter annual fees, late payment fees and foreign transaction fees. Always read your card's terms and conditions.

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For Capital One products listed on this page, some of the benefits may be provided by Visa® or Mastercard® and may vary by product. See the respective Guide to Benefits for details, as terms and exclusions apply.

About Doug Milnes, CFA

Doug Milnes is a CFA charter holder with over 10 years of experience in corporate finance and the Head of Credit Cards at MoneyGeek. Formerly, he performed valuations for Duff and Phelps and financial planning and analysis for various companies. His analysis has been cited by U.S. News and World Report, The Hill, the Los Angeles Times, The New York Times and many other outlets.

Milnes holds a master’s degree in data science from Northwestern University. He geeks out on helping people feel on top of their credit card use, from managing debt to optimizing rewards.

Read Full Bio »

*Rates, fees or bonuses may vary or include specific stipulations. The content on this page is accurate as of the posting/last updated date; however, some of the offers mentioned may have expired. We recommend visiting the card issuer’s website for the most up-to-date information available.
Editorial Disclosure: Opinions, reviews, analyses and recommendations are the author’s alone and have not been reviewed, endorsed or approved by any bank, credit card issuer, hotel, airline, or other entity. Learn more about our editorial policies and expert editorial team.
Advertiser Disclosure: MoneyGeek has partnered with CardRatings.com and CreditCards.com for our coverage of credit card products. MoneyGeek, CardRatings and CreditCards.com may receive a commission from card issuers. To ensure thorough comparisons and reviews, MoneyGeek features products from both paid partners and unaffiliated card issuers that are not paid partners.

Best Credit Cards for Fair Credit in December 2024

Best Credit Cards for Fair Credit

Capital One Platinum Credit Card

Capital One QuicksilverOne Cash Rewards Credit Card

Capital One Savor Student Cash Rewards Credit Card

Capital One Quicksilver Student Cash Rewards Credit Card

Capital One Quicksilver Secured Cash Rewards Credit Card

Best Cards for Fair Credit by Category

Best No Annual Fee Card for Fair Credit

Best Cash Back Cards for Fair Credit

Best Secured Card for Fair Credit

Best Student Card for Fair Credit

More About the Best Cards for Fair Credit

Capital One Platinum Credit Card

Capital One QuicksilverOne Cash Rewards Credit Card

Navy Federal Credit Union cashRewards

Capital One Quicksilver Secured Cash Rewards Credit Card

Capital One Savor Student Cash Rewards Credit Card

Capital One Quicksilver Student Cash Rewards Credit Card

How We Made Our Picks

What Is Fair Credit?

Types of Cards for Fair Credit

Tips for Picking the Best Card for Fair Credit

Use Prequalification Tools

Consider Annual Fees

Look for Credit-Building Features

Consider a Secured Card if You Can Afford It

Find a Secured Card With a Path to an Unsecured Card

How a Credit Card Can Improve Your Fair Credit Score

Regular Reporting to Credit Bureaus

Building a Longer Credit History

Improving Your Credit Utilization Ratio

Opportunity for Credit Line Increases

Demonstrating Creditworthiness

FAQ About the Best Credit Cards for Fair Credit

What is 'fair credit'?

Can you earn rewards with fair credit credit cards?

Are there credit cards for fair credit with no annual fee?

What should you look for in a secured credit card?

How can a credit card improve a fair credit score?

What are the typical fees associated with fair credit credit cards?