guaranteed approval credit cards with $1000 limits for bad credit no deposit

Surge Mastercard®

  • Up to $1,000 credit limit doubles up to $2,000! (Simply make your first 6 monthly minimum payments on time)
  • All credit types are welcome to apply!
  • Free access to your Vantage 3.0 score From Experian* (When you sign up for e-statements)
  • Initial Credit Limit of $300 – $1,000* (subject to available credit)
  • Monthly reporting to the three major credit bureaus
  • See if you’re Pre-Qualified without impacting your credit score
  • Fast and easy application process; results in seconds
  • Free online account access 24/7
  • Checking Account Required

★★★★★

4.7

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
9 minutes 24.99% – 29.99% (Variable) Yes 8.5/10

The Surge Mastercard® offers one of the largest possible initial credit limits on this list. You may receive an initial credit line of between $300 and $1,000, depending on your credit history.

Just keep in mind that this card will charge its first year’s annual fee as soon as you activate your account, which will be deducted from your available credit before you ever swipe the card.

Surge Secured Mastercard®

  • Up to $1,000 credit limit doubles up to $2,000! (Simply make your first 6 monthly minimum payments on time)
  • All credit types are welcome to apply!
  • Free access to your Vantage 3.0 score From Experian* (When you sign up for e-statements)
  • Initial Credit Limit of $300 – $1,000* (subject to available credit)
  • Monthly reporting to the three major credit bureaus
  • See if you’re Pre-Qualified without impacting your credit score
  • Fast and easy application process; results in seconds
  • Free online account access 24/7
  • Checking Account Required

★★★★★

4.7

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
9 minutes 24.99% – 29.99% (Variable) Yes 8.5/10

The Surge Mastercard® offers one of the largest possible initial credit limits on this list. You may receive an initial credit line of between $300 and $1,000, depending on your credit history.

Just keep in mind that this card will charge its first year’s annual fee as soon as you activate your account, which will be deducted from your available credit before you ever swipe the card.

Reflex Mastercard®

  • Up to $1,000 credit limit doubles up to $2,000! (Simply make your first 6 monthly minimum payments on time)
  • See if you’re Pre-Qualified with no impact on your credit score
  • All credit types welcome to apply
  • Free access to your Vantage 3.0 score from Experian* (When you sign up for e-statements)
  • Initial Credit Limit of $300 – $1,000* (subject to available credit)
  • Monthly reporting to the three major credit bureaus
  • Fast and easy application process; results in seconds
  • Use your card at locations everywhere Mastercard® is accepted
  • Checking Account Required

★★★★★

4.6

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
8 minutes 24.99% – 29.99% (Variable) Yes 8.0/10

The Reflex Mastercard® offers an initial credit limit of up to $1,000, depending on your creditworthiness. Consecutive on-time payments will help bump that credit limit to $2,000 in as soon as six months.

This card can help you build credit with responsible use, but you do need a checking account to qualify.

FIT Mastercard

  • Earn 2% cash back on everyday purchases at Amazon, Uber, Uber Eats, Whole Foods, Netflix, Spotify,
    and more! And 1% cashback on everything else.
  • No credit check or U.S. credit history is required. No SSN is required for non-US citizens.
  • Build U.S. credit history from day 1 at major credit bureaus (get $25 when you build your credit score
    to a 700+ credit score within 12 months of use).
  • Get unsecured in as little as 4 months!
  • No annual fee, no foreign transaction fees, and no minimum security deposit.
  • Premium benefits like Cell Phone Protection (including cracked screens) and Car Rental Insurance
    coverage.

★★★★★

4.8

Overall Rating

Application Length Interest Rate Reports Monthly Reputation Score
10 minutes 10.24% (Variable) Yes 7.0/10

The FIT Mastercard is from a newer card issuer that offers a solid secured offering for its first foray into the crowded credit market. You’ll earn cash back rewards at select merchants and even cellphone and car rental insurance, all uncommon features of secured cards.

It also sports a lower interest rate than that of some other cards on this list, including the secured offerings from major banks.

Current Personal Loan Rates

Best Bad Credit Loans

Best For Quick Approval Turnaround Times

Upstart

3.5

★★★★★

  • Minimum credit score

    600

  • APR range

    3.09% to 35.99%

  • Loan amounts

    $1,000 to $50,000

Key facts

Upstart is a good option for those who have short credit histories and promising financial futures.

Pros
  • Accepts borrowers new to credit.
  • Able to fund loans within one business day.
  • Offers direct payment to creditors with some debt consolidation loans.
  • Allows borrowers to choose and change payment dates.

Best For A Range Of Repayment Options

Avant

  • Minimum credit score

    580

  • APR range

    9.95% to 35.99%

  • Loan amounts

    $2,000 to $35,000

Key facts

Upstart is a good option for those who have short credit histories and promising financial futures.

Pros
  • Accepts borrowers new to credit.
  • Able to fund loans within one business day.
  • Offers direct payment to creditors with some debt consolidation loans.
  • Allows borrowers to choose and change payment dates.

Best Overall Bad Credit Loan

Upgrade

  • Minimum credit score

    560

  • APR range

    5.94% to 35.97%

  • Loan amounts

    $1,000 to $35,000

Key facts

Upstart is a good option for those who have short credit histories and promising financial futures.

Pros
  • Accepts borrowers new to credit.
  • Able to fund loans within one business day.
  • Offers direct payment to creditors with some debt consolidation loans.
  • Allows borrowers to choose and change payment dates.
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Author D Laidler

I am David, economist, originally from Britain, and studied in Germany and Canada. I am now living in the United States. I have a house in Ontario, but I actually never go.  I wrote some books about sovereign debt, and mortgage loans. I am currently retired and dedicate most of my time to fishing. There were many topics in personal finances that have currently changed and other that I have never published before. So now in Business Finance, I found the opportunity to do so. Please let me know in the comments section which are your thoughts. Thank you and have a happy reading.

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