Savvy Shopper’s Delight: Credit Cards with Big Perks and Low Fees! (2024)

FAQs

What is the easiest store credit card to get? ›

Some of the easiest store credit cards to get are the Fingerhut Credit Account, the Montgomery Ward Credit Account, and the Amazon Secured Credit Card. These cards accept people with “bad” credit, and they all have $0 annual fees.

With Credit Savvy, you get free access to your Experian credit score and credit file information. You can track your progress with monthly updates and get alerts about key changes to your credit file. You'll also see how your score compares to other Australians.

Blue Cash Preferred® Card from American Express

Cash-back rewards: 6% cash back at U.S. supermarkets on up to $6,000 in spending per year, 6% back on select U.S. streaming subscriptions, 3% back on transit including U.S. gas stations, plus 1% cash back on everything else. Terms apply (see rates and fees).

First Progress Platinum Elite Secured Mastercard: The First Progress Platinum Elite Secured Mastercard requires no credit history or minimum credit score for approval. Your security deposit is refundable, and the card is accepted nationwide.

The best store credit cards for bad credit are the Montgomery Ward Credit Account and the Amazon Secured Credit Card. Both of these store credit cards accept applicants with bad credit scores, have $0 annual fees, and report to the major credit bureaus.

Introducing Credit Savvy

Credit Savvy is one of our x15 Ventures operating within CommBank.

Financial Wellness Tools

SavvyMoney Credit Score is a tool that can be used to help you understand your credit score, set up alerts, simulate potential scores, and keep an eye out for identity theft.

Once accepted and all the checks are complete, the funds can be deposited into your account within an hour on weekdays and Saturdays, no loans are paid out on a Sunday.

The Capital One Venture Rewards Credit Card is for people who want luxury benefits without paying the high annual fee of a premium credit card. It also offers a generous welcome bonus worth at least $750 in travel rewards, or potentially more if you transfer your miles to one of Capital One's travel partners.

What credit card will give you the most money? ›

On our list, the card with the highest reported limit is the Chase Sapphire Preferred® Card, which some say offers a $100,000 limit. We've also seen an advertised maximum credit limit of $100,000 on the First Tech Odyssey Rewards™ World Elite Mastercard®, a credit union rewards card.

Suggested credit score

You'll need to have at least fair or average credit -- a credit score over 580 -- to qualify for the Target RedCard. Like any card, you'll have a better chance of being approved if you have good credit or better. Applicants with lower credit scores may also be offered a lower credit limit.

There is no specific mention of the credit score needed to qualify for a RedCard on the Target website. Generally, most store credit cards need a FICO® score that's fair or better to qualify for approval. So, if you have a credit score anywhere above 580, you should be good to go.

Qualify with “fair” credit

You only need “fair” credit to qualify for the Target RedCard, which means it's possible to get approved with a credit score of just 620.

Some store cards will approve applicants with scores as low as 550, which is considered poor. There is no defined range for a fair credit score, but typically a FICO score between 580 and 669 are considered fair. Other factors in addition to credit score can be considered when reviewing applications.

The best store credit card for no credit is the Fingerhut Credit Account because it has easy approval and a $0 annual fee. Aside from accepting people with no credit or even bad credit, the card doesn't charge one-time fees or monthly fees, either.

The Amazon Secured Card is the best store credit card for no credit history because it earns a solid rewards rate on Amazon purchases (though a Prime membership is required).

You need fair credit to get approved for the TJX credit card, which means a credit score of 620 or above. Your credit score won't be the only factor taken into account, however, so this is only a guideline.