Best Credit Card for No Credit and No Bank Account (2024)

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Best Credit Card for No Credit and No Bank Account? ›

One option for an unsecured credit card for an applicant with no credit history is a student credit card. Student credit cards don't require a deposit like secured cards do, and usually function more like a regular credit card.

One option for an unsecured credit card for an applicant with no credit history is a student credit card. Student credit cards don't require a deposit like secured cards do, and usually function more like a regular credit card.

Rodney Bennett, WalletHub Analyst

The best credit card to get with no bank account is Chase Freedom Unlimited®. It offers 1.5 - 5% cash back on purchases. Plus, it comes with a $0 annual fee. It is also worth noting that most major U.S. card issuers don't ask about bank accounts on their credit card applications.

You don't usually need to have a checking or savings account with the bank, to qualify for a card. Having a checking or savings account could help with approval, but it certainly is not required. If your credit score and income meet the banks requirements, you'll likely be approved.

You don't need a bank account for a credit card in some cases. It's up to the discretion of the bank you apply with if it wants to issue you a credit card without a bank account. Many banks will allow this as long as you show proof of income and you live near a physical branch location so that you can pay in cash.

OpenSky® Plus Secured Visa® Credit Card

The rating for this card may vary on other pages where a different need is used. A rating of 5 is the best a card can receive. The OpenSky® Plus Secured Visa® Credit Card is the easiest credit card to get approved for because there's no credit check for new applicants.

Can You Get a Loan With Bad Credit and No Bank Account? It's possible but it might not may not be a good idea, since your options will be limited and expensive. To assess your risk as a borrower, lenders will not only look at your banking history but also your credit history and scores.

For those without income or a credit history, using a cosigner can help get a credit card independently via a secured or student credit card option. Before choosing an option requiring help from someone else, ensure the person being asked is comfortable creating a financial relationship.

How to get free virtual credit card without bank account? ›

Do You Need a Bank Account for PayPal? No, you don't need a bank account to sign up for PayPal or to receive payments. You can, however, connect your PayPal account to a bank account, a debit card or a credit card account for sending and receiving payments and transferring funds.

About us. Keep offers a chequing account and credit card for Canadian SMBs. Businesses get better cashback rewards on card spend, lower domestic and international wire fees, currency conversion at a fair price, and increased credit limits for working capital needs. Website https://trykeep.com.

Secured credit cards: Many credit card companies offer secured credit cards to consumers with no credit or bad credit. You qualify for this type of credit card by making a security deposit with the card issuer. The size of the deposit is often, but not always, equal to the credit limit on your new card.