What is the best credit card for building credit?

Secured credit cards often have lower credit limits compared to unsecured cards, but they can be a great tool for building credit from scratch or rebuilding damaged credit.

The Chime Secured Credit Builder Visa Credit Card requires no credit check and automatically reports your on-time payments to all three major credit bureaus, helping you build credit quickly.

The U.S.

Bank Cash Visa Secured Card is unique in allowing you to choose your own 5% cash back bonus categories, providing more flexibility than typical secured cards.

Chase Freedom Rise, a student credit card, has no annual fee and earns 1.5% cash back on all purchases, making it a rewarding option for young adults with limited credit history.

Certain unsecured cards like the Discover It Student Cash Back card can also help build credit, offering cash back rewards and reporting to all three credit bureaus.

Credit cards designed for people with poor or limited credit, such as the Capital One Platinum Credit Card, often have lower credit limits but can still be useful for establishing a credit history.

The Citi Secured Mastercard requires a refundable security deposit as low as $200, making it accessible for those with limited funds to put towards a deposit.

Some credit cards, like the Wells Fargo Secured Credit Card, offer the opportunity to graduate to an unsecured card and have the security deposit refunded after demonstrating responsible usage.

The Bank of America Customized Cash Rewards Secured Credit Card allows you to choose your own 3% cash back category, adding flexibility to a secured card.

Discover's secured credit cards stand out by automatically reviewing accounts for potential security deposit refunds after as little as 8 months of on-time payments.

The Capital One Platinum Secured Credit Card reports to all three major credit bureaus and has no annual fee, making it a solid choice for building credit.

Many credit card issuers now offer mobile apps and online account management tools, making it easier for users to track their credit-building progress.