The top 3 best around $1,000 credit cards
Credit cards with lower limits provide efficient management of day-to-day purchases without imposing significant costs on the budget!
In this regard, there are appealing options for low-limit cards, which also means lower costs and fewer requirements, functioning well as a card for everyday transactions with ease.
Thus, just because the limit is low doesn’t mean the card has to be weak; on the contrary, you can explore the main brands available in the American market.
Capital One Quicksilver Secured
Do you know about secured cards? This type of credit card requires a prior security deposit to enable its use. It serves as an alternative for those who may not have a high credit history, as it involves an upfront financial commitment to secure a certain payment.
In the case of Capital One QuickSilver, the initial security deposit is $200 to activate the card.
Once the card is operational, customers can have credit limits ranging from $1,000 to $3,000, covering a high intensity of daily expenses.
Additionally, the annual fees are $0, and the initial deposit is refundable. It’s worth noting that the cardholder has up to 35 days to make the payment correctly.
To apply for the credit card, customers need to access the official Capital One website and proceed to complete the form.
The advice is to provide accurate information about oneself and income to avoid spending time on corrections.
The Quicksilver card offers an attractive 1.5% cashback on each eligible purchase.
Although it is a card designed to initiate credit history, Capital One performs a certain verification of the customer’s profile to make the decision.
Nevertheless, the process is usually quick and relatively hassle-free!
Discover it® Student Cash Back Card
Do you need a student credit card?
The Discover it® Student Cash Back Card is not only designed for those with a limited credit history or those starting their credit journey, but it also requires a valid connection with a recognized educational institution in the United States.
The card features a customizable credit limit, although it may not be very high.
Its primary function is to provide an efficient card for everyday purchases at establishments such as restaurants, bars, stores, and gas stations.
For these types of purchases, the card offers a 5% cashback and rewards that can be redeemed via Amazon.com and PayPal.
Another significant benefit of the Discover It® Student Cash Back Card is the absence of fees, making card maintenance more convenient.
To apply, aside from being a student, one needs to be legally residing in the United States, as the bank will conduct a thorough profile verification.
It’s important to note that having a credit history is not necessary, as the card is specifically designed for individuals in the early stages of building credit.
When it comes to low-budget cards, the Milestone Mastercard® is one of the favorites among the American public
This happens mainly due to its recognized and well-accepted Mastercard brand, which provides broad acceptance both nationally and internationally.
As per Mastercard’s own information, the card has a credit limit of $700, serving as a practical strategy for efficient and secure financial management.
Additionally, it is an interesting option for building a credit history, especially if the cardholder pays everything correctly and within the specified deadlines.
In terms of benefits, the card offers basic security features to protect information and purchases, along with full access to the Milestone app for easy and quick card management from anywhere.
The Milestone application process is concentrated directly on the company’s official website, and it is generally secure with few objections, considering it is a financial solution for individuals seeking to spend conservatively and have peace of mind.
Milestone will conduct a pre-qualification check to assess the customer’s viability and issue a very efficient card for day-to-day use.
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