8 Best Low Limit Credit Cards

The Chase Freedom Rise™ credit card is a great option for international students as you don’t require an SSN or a security deposit. The card has no annual fee and you can qualify with limited or no credit history. It comes with a starting credit limit of $500.

You’ll be evaluated for a credit line increase after six months and you earn 1.5% cash back on all your purchases. Cash back rewards do not expire.

The card comes with an interest rate of 26.74 APR and there is a 5% cash advance fee. There is also a late fee of up to $40 and a 3% foreign transaction fee.

The Capital One® Platinum Secured Mastercard® is ideal as it doesn’t require a credit history to apply and has no annual fees. You can put down a security deposit of $49 or more and earn it back as a statement credit if you make payments on time.

The card has a 29.99% variable APR and a cash advance fee of 3%. There is no 0% intro APR, but there are no hidden fees. Getting approved for the card only takes a few seconds.

You get access to your account 24 hours a day from your computer or mobile, with the Capital One mobile app. You can also monitor your credit score free of charge with Capital One’s CreditWise. On top of this, you’ll get $0 Fraud Liability so you won’t be held responsible for unauthorized credit card charges.

Capital One Quicksilver Rewards for Students is a great card for cash back rewards. It is available to students with limited credit history and a fair credit score. No minimum credit limit is specified but the credit line you get generally depends on your credit score and income. You can request a certain limit you prefer after approval.

This card offers an unlimited 1.5% cash back on all purchases every day. On Uber and Uber Eats, students can enjoy up to 10% in cash back rewards and an unlimited 5% on hotels and rental cars booked through Capital One Travel. You can redeem the rewards earned for cash, as gift cards, and directly to cover purchases. You can even shop on Amazon.com using your Capital One rewards. Moreover, the card does not charge any annual or foreign transaction fee either. However, there is a penalty of $40 on payments that are made late.

The Discover It® Student Cash Back credit card is a great option for students 18 years and older as it offers great rewards and benefits, including a cashback program and no annual fees. Discover It® student cards come with a minimum credit limit of $500.

The card has a 0% APR for six months on purchases, after which a minimum APR of 17.99% applies, and a balance transfer intro APR of 10.99% for six months. When you graduate, you can update your income information and you may then become eligible for a higher credit limit.

Students can log in to the Discover mobile app to view their free FICO scores, track their cashback rewards, and get free Social Security Number security alerts.

You can earn a statement credit if you refer a friend and they get approved for a card. You’ll also get a welcome bonus that you don’t typically get with other student credit cards.

The OpenSky Secured Visa Credit Card is an option for those with no credit and who struggle to qualify for a secured credit card. There is no risk to apply and payments are reported to all three major credit bureaus. The initial credit limit depends on how much you deposit and it starts from $200.

The ongoing APR is 22.14% and there is a 3% foreign transaction fee. There is also an annual fee of $35 on this card. However, the card stands out as being relatively easy to get, especially for students who don’t have a credit history and struggle to qualify for other student credit cards.

Applying online is very easy and only takes a few minutes. Moreover, there is no credit check and you don’t need a bank account to apply either.

The Bank of America® Customized Cash Rewards credit card has no annual fee and offers attractive rewards, making it a good choice for those who don’t have good credit. It is also a good choice for a low-limit student credit card as the initial credit limit on this card starts from $500. The card offers a 0% intro APR for 18 months, after which a variable APR of 17.99% – 27.99% will apply.

The card offers 3% cash back on purchases made in the category of your choice: gas, dining, online shopping, travel, home improvement, or drug stores. You earn 2% cash back at grocery stores and 1% cash back on all other purchases. Your cash rewards don’t expire.

There is also a $200 cash bonus when you make purchases of at least $1,000 in the first 90 days after opening the account. Online pre-qualification takes a few minutes and you’ll get an instant decision. This process triggers only a soft credit check.

The SDFCU Savings Secured Visa Platinum Card is a secured credit card for borrowers with bad credit. It requires a security deposit of at least $250 which will also serve as your initial credit limit. There is no annual fee and you earn rewards – one point for every dollar you spend.

The card has no balance transfer fee and no foreign transaction fee. Interest rates start at 16.74% APR. You also get additional benefits like travel and emergency assistance services, auto rental collision damage waiver, and lost luggage reimbursement.

The Discover It® Secured credit card requires no credit history to qualify. It reports payments to all three major credit bureaus and allows you to earn rewards while building your credit.

The card comes with no annual fee, no foreign transaction fees, and a 27.99% variable APR. There’s a 10.99% intro APR on balance transfers for the first six months and a welcome bonus of an unlimited cashback match on all purchases during your first year.

You also earn 2% cash back at restaurants and gas stations for purchases up to $1,000 per quarter. Thereafter, you earn 1% cash back.

The Discover It® Secured credit card requires a minimum security deposit of $200 which will equal your starting credit limit. After seven months, your account will be reviewed to see if you qualify for moving to an unsecured credit card and a deposit return.