$2,000 Limit Credit Cards with Guaranteed Approval

Discover it® Secured Credit Card offers a minimum credit line of $200 and a maximum limit of $2,500. The credit limit you get equals the amount of security deposit you make. It allows easy approval as it does not require a minimum credit score to apply.

This secured card by Discover it® comes with good cash back rewards including a 2% cash back quarterly on combined gas and restaurant purchases of up to $1,000. On all other purchases, an unlimited 1% in cash back is automatically awarded. Moreover, at the end of the first year of account opening, the cardholders are entitled to get an unlimited cash back match which doubles the amount of the total cash back earned by the end of the first year. There is also a lower intro APR offer of 10.99% on transfers for the first six months. By responsibly using this card, you can build up your credit score and be considered automatically for a deposit refund and an upgrade to an unsecured card with higher limits in as little as 7 months.

Discover it® Secured charges a late and returned payment fee of up to $41. However, the first late payment is exempted from these penalty charges.

First Progress Platinum Select Mastercard® Secured Credit Card allows a credit line between $200 to $2000 and is equal to the security deposit made. It is an easy card to get approved for as it requires no credit history or a minimum credit score. You can also earn 1% cash back on all purchases and build credit by making on-time payments. Moreover, the Mastercard payment network allows you to make purchases worldwide, in-store and online, due to its high local and international acceptability.

It has a lower APR rate than many other cards too but charges a high annual fee of $39, 3% of the purchase as a foreign transaction fee, a late payment fee of up to $41, and a penalty for returned payments of up to $30.

OpenSky® Secured Visa® Credit Card has a high approval rate of 87.4% and allows a credit limit of a maximum of $3,000. You may get guaranteed approval upon paying the minimum security deposit of $200 and meeting the other eligibility requirements like the minimum age, residency, and income requirements.

The best thing about OpenSky® Secured Visa® is that it does not require a bank account. You can make the payments, including the security deposit, via money orders or through Western Union. By making on-time payments and not using the whole balance, this card can help you build a good credit score.

OpenSky® Secured Visa® Card, however, is a fee-heavy card. It charges an annual fee of $35, a foreign transaction fee of 3.3%, a late payment fee of up to $38, and a returned payment fee of up to $25.

First Progress Platinum Prestige Mastercard® Secured does not require a minimum credit score for approval and allows a credit limit of $2,000 at maximum. Applicants can choose a credit limit up to the maximum by making an equal security deposit. This card is a good choice to build credit with as it reports to the three major bureaus. However, you must make on-time payments and keep a low balance to be able to see an improvement in your credit score.

First Progress Platinum Secured card has a simple rewards system which is easy to keep track of. It simply awards 1% in cash back on all purchases. However, there is an annual fee of $49 associated with the card along with a foreign transaction fee of 3% of the purchase made, a late payment fee of up to $41, and a returned payment fee of up to $30.

Chime Credit Builder Secured Visa® Credit Card is a great budget-friendly card as it does not charge any interest rate and has no annual fee associated with it. It also allows you to get a credit limit of up to $10,000 and the actual limit you get depends on how much you directly deposit from your Chime Checking account to the Credit Builder Secured account. The minimum you can deposit is $200.

It helps build credit by reporting to the major bureaus but there are no rewards or bonuses offered by this card. Moreover, a Chime Checking account is a must for anyone to apply for the Chime Credit Builder Secured Visa® Credit Card.

You can get guaranteed approval for the Applied Bank® Secured Visa® even if you have bad or no credit at all. You will be required to pay the minimum deposit and meet the age and residency requirements to get approved. The Security deposit you pay for this card sets your credit limit which can be a maximum of $1000 initially. After approval, you can increase the credit limit to up to $5,000 by making additional deposits.

The Applied Bank® Secured Visa® Credit Card allows you to build a credit history and a good score with responsible use. It also offers the lowest interest rates which are fixed so they don’t change with time.

However, this card does not offer any rewards and charges a higher annual fee of $48 and a foreign transaction fee of 3% of the purchase. Moreover, this is also a late and returned payment fee of up to $38 associated with the card.

PREMIER Bankcard® Secured Credit Card allows a credit limit between $200 to $5,000 depending on the security deposit made. It is designed for people with no credit or those who are new to credit.

This secured card by PREMIER does not require a checking account. You can build credit with this card by making on-time payments and keeping a low credit utilization rate. After a few months of building credit, you may apply for other cards with higher limits, lower fees, and more benefits.

The PREMIER Bankcard® Secured Credit Card does not come with any rewards and also charges an annual fee of $50 and a foreign transaction fee of 3% of the purchase in U.S. dollars.

Petal 1 Rise Credit Card is an easy card to get with a $500 to $3,500 credit limit. It has no pre-set minimum requirements for a credit score and everyone is welcome to apply regardless of their credit score. The actual limit an applicant gets approved for is, however, dependent on the level of credit and their ability to make the repayments.

Petal 1 Rise is a Visa card that has a wider acceptability worldwide and it charges no foreign transaction fee which makes it a travel-friendly card. Moreover, this card offers 2% to 10% cash back at select local and national merchants.

However, the card charges an annual fee of $59 and has high APR rates too.

Surge® Platinum Mastercard® is a card by the Continental Finance Company that is specifically designed for people with bad credit. People with all levels of credit are welcome to apply and get an initial limit of up to $1,000 on the card. This maximum limit can be doubled up to $2,000 in as little as six months after responsibly using the card and making on-time payments.

You will need to set up an online account to activate your Surge® Platinum Mastercard® and you can also access your monthly credit score for free through this account by enrolling in e-statements. This card is widely accepted everywhere as it uses the Mastercard payment network. The Surge Master card also allows its applicants to choose their own design for the card; however, there is a one-time fee of $9.95 for premium designs.

There is also a high annual fee associated with this card which starts at $75 to a maximum of $125 in the first year of use. In the following years, the starting limit goes up to $95 and how much you pay depends on certain factors like the applicant’s credit and income. There is also a high maintenance fee that is charged on a monthly basis and there are no rewards associated with this card.

Reflex® Platinum Mastercard® is one of the two cards offered by the Continental Finance Company to people with bad credit. It has an initial maximum credit limit of $1,000 which can be doubled up to $2,000 after six months of using the card responsibly. By making on-time payments and keeping a low balance, cardholders may observe a rise in their credit scores that they can track for free by enrolling in e-statements through their online card account.

The Continental Finance Company claims to provide instant decisions on applications in most cases which may be beneficial for people who need quick access to credit. However, there is a high annual fee associated with this card starting at $75 for the first year of use and increasing to a minimum of $99 from the second year and onwards. It also charges a monthly maintenance fee which can be up to $10 at maximum, and late and returned payments can result in up to $41 penalty charges.