7 Guaranteed Approval Cards With No Deposit Required

7 Guaranteed Approval Cards With No Deposit Required
7 Guaranteed Approval Cards With No Deposit Required

It’s not a stretch to think you’ve heard about Guaranteed Approval Cards With No Deposit Required, but you were right on the money. Credit cards do not guarantee approval for all applicants.

Here is everything you need to know about 7 Guaranteed Approval Cards With No Deposit Required, including which credit cards offer them and how to increase your chances of approval.

The given article will provide you with all the information regarding Guaranteed Approval Cards With No Deposit Required, including how they work, benefits, and much more.

Let’s find it together. 

What is A Credit Card?


At physical locations and online, credit cards facilitate purchases.

 When you use a credit card, the company purchases for you as long as you promise to pay back the full amount.

Your credit card issuer will record each purchase you make and include it in your monthly statement. At the conclusion of each statement cycle, you’ll receive a summary of your transactions along with the minimum balance due.

In this case, you should pay the minimum amount by the due date, which is at least 21 days after the date of the statement.

You can avoid interest charges on your balance by paying it off in full each month. However, you will be charged interest if your card balance remains unpaid.

What Are Guaranteed Approval Cards?

What Are Guaranteed Approval Cards
What Are Guaranteed Approval Cards

The Guaranteed Approval Cards are designed for customers with bad credit or no credit history. Some factors may lead to a denial, even though the name implies they are automatically guaranteed. Your application may be denied for reasons such as not meeting the age requirement, not being able to prove your identity, or not having an eligible bank account.

What is An Instant Approval Credit Card?

Typically, you will receive a response to your credit card application within minutes with an instant approval credit card. Several factors, including income, credit score, and housing payment history, will determine whether you will be approved or denied.

The issuer may require further information from one applicant, while another may need to wait several days for a decision. Each applicant is different, so do not expect to receive an instant response.

How Do Guaranteed Approval Cards With No Deposit Required Work?

Guaranteed Approval Cards With No Deposit Required function similarly to other types of credit cards.

 Once you’ve been approved, a credit line will be issued. It is your responsibility to ensure that you collect at least the minimum payment by the due date each month.

 Your credit card’s annual percentage rate (APR) will accrue interest on any balance you carry from month to month.

You can build your credit history by making your payments on time and having your card issuer report your payment history to the major credit bureaus.

Do Credit Cards Offer Guaranteed Approval?

Although some credit cards have high acceptance rates, no credit card is approved by 100% of applicants. A credit card issuer will not approve consumers under 18 years of age who cannot satisfactorily verify their identity. 

Certain issuers do permit you to own up to one card. A Capital One credit card can have up to two accounts.

Who Can Use Guaranteed Approval Cards With No Deposit Required?

People with low credit scores or limited credit histories can benefit from Guaranteed Approval Cards With No Deposit Required. A credit card like this can be a great tool for establishing or rebuilding credit over time. A secured credit card can be especially beneficial in cases where you need financial assistance to make a security deposit.

The downside is that these cards are typically more expensive than standard credit cards since they often come with high-interest rates and various fees. The credit score should be improved wisely by using them.

7 Guaranteed Approval Cards With No Deposit Required

Below, we’ve mentioned the Top 7 Guaranteed Approval Cards With No Deposit Required:

 Aspire® Cash Back Reward Card

Aspire® Cash Back Reward Card
_Aspire® Cash Back Reward Card

Consumers with fair or poor credit are invited to apply for the Aspire® Cash Back Reward Card. The Bank of Missouri cash rewards credit card might offer a high credit limit and lucrative cashback rewards.

Equifax also provides credit scores free of charge, helping you keep track of your credit score. You can avoid the high APR on this credit card by paying your entire balance every billing cycle. Your credit score will be monitored, and you will enjoy a decent credit limit with the card. After the first year of ownership, be wary of its high annual fee and account maintenance charges.

Your creditworthiness may be considered when determining whether you qualify for the card, which has a potentially high-interest rate of 29.99% or 36% Fixed.

 Aspire® Cash Back Reward Card Benefits

  • Get 3% back on gas, groceries, and utility bills.
  • All other eligible purchases earn 1% Cash Back Rewards.
  • You are eligible for a $1,000 credit limit if you have good credit.
  • Get prequalified without affecting your credit score.
  • There is no security deposit required.

Fortiva Mastercard

Fortiva Mastercard 1
Fortiva Mastercard

A cash-back credit card that does not require a deposit, the Fortiva® Mastercard® Credit Card offers cash-back benefits. It has a high APR and an annual fee. Your credit score won’t be hurt by checking your prequalification. You can enjoy rewards without interest fees by paying off your monthly balance. Your creditworthiness and income determine if you are eligible for a credit limit of up to $1,000 with the Fortiva® Mastercard® Credit Card. A new cashback card offering rewards on select purchases has been introduced. 

Consistent on-time payments will help you build credit over time, and you don’t need a great credit score to qualify. However, the Fortiva Mastercard credit card has an annual fee and a high APR.

Fortiva Mastercard Benefits

  • A $350 to $1,000 credit limit is available on the Fortiva® Mastercard® Credit Card.
  • The bank’s website will allow you to prequalify for this credit card if you receive a mail offer or go to the bank’s website.
  • The Fortiva Mastercard has variable interest rates between 22.74% and 36%, depending on your credit score.
  • The fees range from $49 to $175 for the first year and from $0 to $49 every year thereafter.
  • This unsecured credit card charges an account maintenance fee of $5 to $12.50 after the first year.

Milestone Mastercard

Milestone Mastercard 1
Milestone Mastercard

The Milestone® Mastercard® is issued by the Bank of Missouri, so if your application is denied, you may be recommended for another issuer’s credit card. Cash advances (fee waived for the first year), foreign transactions, over-limit transactions, and late or returned payments are in addition to the annual fee. There is a limit of one Milestone® Mastercard® per person. With Milestone® Mastercard®, consumers with less-than-perfect credit can arrange for one of the card issuer’s three options. You can learn more about your qualifying cards by applying to the bank’s website.

Within seven to ten business days of applying, you’ll receive an instant decision from your credit card company and receive your full credit line minus your annual fee.

Milestone Mastercard Benefits

  • All eligible purchases will earn you 1.5% cashback rewards!
  • Need help getting a loan? You might be a good candidate for the Milestone Mastercard. By reporting to all three credit bureaus, you can obtain credit for your hard work.
  • Keeping more money in your pocket is possible with no upfront security deposit. The cards come with manageable credit limits as well.
  • Unauthorized use is not liable.
  • Mastercard is accepted online, in stores, and on mobile devices.
  • The fast decision-making process for simple applications

Revvi Card

Revvi Card
Revvi Card

A cashback card with the same initial credit limit as the Revvi Card, the Revvi Card also offers cash back. There are minimal approval requirements because the limit is so low. You will lose credit available due to your annual fee. On the other hand, if you make on-time payments, you can increase your credit limit and enjoy more spending power. All purchases made with the card earn 1% cash back after paying the card’s bill, and there is a $300 minimum credit limit without a deposit required. 

Revvi Card Benefits

  • Reward yourself with 1% cash back on all Revvi Credit Card purchases.
  • No perfect credit is required.
  • Credit limit of $300 (subject to credit availability)
  • A checking account is required.
  • Credit limit increases are available after twelve months for a fee.

First Access Visa® Card

First Access Visa® Card
First Access Visa® Card

Any business that accepts Visa cards can accept the First Access Visa® Card. US citizens and residents must be 18 or older, have active checking accounts, and meet the eligibility requirements.

Applications are processed within one minute or less. A setup fee must be paid before a new cardholder can access their account. First Access waives its monthly servicing fee in the first year after account opening. You don’t have to have perfect credit to apply for the card, and its website clearly states that. You will also receive 1% back in statement credits for each dollar spent on payments made to the card, but be aware that the credit limits and fees will likely keep your rewards from outweighing the price.

First Access Visa® Card Benefits

  • An annual fee and a high setup fee
  • Credit line of $300
  • Spend money on your card and earn 1% back in statement credits.
  • Your card will start charging a monthly service fee the second year after you receive it.
  • There is an additional card fee.
  • For a fee, you can request a credit limit increase after the first year.

FIT™ Platinum Mastercard®

FIT™ Platinum Mastercard®
FIT™ Platinum Mastercard®

A good starter credit card is the FIT™ Platinum Mastercard® because it has a lower credit limit and allows users to get comfortable using credit without accumulating a lot of debt. A decision is made instantly after you apply for the FIT™ Platinum Mastercard®. Any merchant that accepts the Mastercard logo can accept this card.

After you open your account, your credit limit will double if you pay your bills on time for six consecutive months. There are not as high interest rates as on other subprime cards, but there are hefty fees.

FIT™ Platinum Mastercard® Benefits

  • The $400 credit limit has doubled to $800!
  • Accept all types of credit.
  • Credit bureau reporting every month
  • There is an initial credit limit of $400.00 (subject to credit availability)
  • The application process is fast and easy; results are available in seconds.
  • Any location that accepts Mastercard® will accept your card.

Surge® Platinum Mastercard®

Surge® Platinum Mastercard®
Surge® Platinum Mastercard®

Those looking to build credit again may be interested in the Surge® Platinum Mastercard®, issued by Celtic Bank and offered by Continental Finance. The service’s benefits far outweigh the fees.

It offers a prequalification process and a chance to increase your credit limit without requiring a security deposit. You can also improve your credit by paying your monthly bill on time.

Despite its low credit score (FICO score of 629 or less), the Surge® Platinum Mastercard® is a costly option that likely will not last long. If you keep paying on your secured credit card, you can get your security deposit back. 

Surge® Platinum Mastercard® Benefits

  • Double your credit limit up to $2,000!
  • Applicants with all credit types are welcome!
  • Elect to receive your credit score electronically,
  • The initial credit limit is $300 – $1,000 (subject to credit availability).
  • Three major credit bureaus must be notified each month.
  • Check your credit score and see if you’re Prequalified.
  • An easy-to-use application process that yields results quickly.
  • 24/7 access to your account online.
  • A checking account is required.

How Do I Apply For Guaranteed Approval Cards With No Deposit Required Online?

Most consumers can apply for credit online within minutes and get a decision instantly.

Each card listed below directs to its respective application, accessible by clicking the “Apply Now” button. To complete the application, you must provide essential information such as your name, Social Security number, physical and email address, phone number, and income details.

Your credit decision will be made within seconds after the bank receives your application.

Once your application has been approved, your screen will display your new account information, including your account number and credit line. You will then be invited to create an online profile to manage your account. 

The bank will process and print your new card as soon as it receives your account information. You will receive it in the mail within seven to ten business days.

How To Increase Your Chances of Instant Approval?

Getting a credit card approval instantly doesn’t guarantee approval, but you can take these steps to improve your chances:

Maintain A Steady Income

 An annual income of at least $25,000 is required during the application process, so having a steady source of income is essential. A few sources of income can be included, such as alimony, child support, interest, dividends, or other sources of income, but these sources are not as sustainable as a regular paycheck.

Consider Credit Score Requirements

Stalling for a card with a poor credit score may be harder. We list the credit requirements for every card – such as fair, excellent, and good – so you can better understand your eligibility.

The FICO credit score ranges:

  • Excellent: 800 to 850
  • It is very good: 740-799
  • In good condition: 670 to 739
  • It’s fair: 580 to 669
  • In poor shape: 300 to 579

Don’t Lock Or Freeze Credit Reports

The Equifax breach or other data breaches in the past few years may have resulted in you freezing or locking your credit report to prevent fraud. Your credit reports must be thawed or unlocked before you apply for a new credit card.

Don’t Overuse Credit

Your credit reports are hard to inquire about each time you apply for a new line of credit. The negative impact of inquiries on your credit score diminishes over time and is recorded on your credit report for two years after their occurrence.

 Multiple inquiries on your credit report within a short period of time may also be a sign of a high-risk consumer. It’s best to do so sparingly to avoid applying for credit frequently.

Verify The Accuracy of Your Credit Report

 You can improve your credit score by simply checking your credit report to ensure there are no legitimate errors, such as incorrect late payments. Your credit report can be accessed for free in several ways.

What Guarantees Can Credit Card Applicants Get?

What Guarantees Can Credit Card Applicants Get
What Guarantees Can Credit Card Applicants Get

There are a few guarantees that credit card issuers can provide, though none guarantee final approval:


 Prequalification decisions on credit cards are made by issuers quickly without affecting your credit score. As previously mentioned, the pre-approval process is not required nor sufficient for final acceptance. If you know that you won’t be approved for the loan, it can certainly help you avoid needlessly damaging your credit score.

Decision Made Instantly

When applying for a credit card formally, most issuers promise a swift final decision even if you haven’t been prequalified. Their ability to do so is based on an instant, hard credit inquiry they perform to determine your suitability. In most cases, delays are caused by conflicting data or difficulty verifying your identity. It is possible that you will have to provide additional information and documents before final approval can be granted.

Choose Secured Cards

This means that you will be able to get these cards regardless of whether you have limited credit, bad credit, or no credit. Some secured cards might check your credit without giving much consideration to the results. The security deposit you make on a secured card is usually much more important to the card than your credit score.

Pros And Cons of Guaranteed Approval Cards With No Deposit Required

There are advantages and disadvantages to Guaranteed Approval Cards With No Deposit, just as with any financial product.


  • A security deposit is not required for these cards, making them more accessible for those without resources.
  • Credit can be built or rebuilt over time if cardholders maintain a low balance and make timely payments.
  • A secured credit card offers a line of credit backed by a deposit, whereas these cards have an unsecured line of credit.


  • If balances are not paid in full every month, these cards often come with higher interest rates than standard credit cards.
  • These cards often charge an annual fee, monthly maintenance fee, and setup fee.
  • The credit limit on these cards is typically low at first, but it may increase as the card is used responsibly over time.

Alternatives To Guaranteed Approval Cards With No Deposit

Alternatives To Guaranteed Approval Cards With No Deposit
Alternatives To Guaranteed Approval Cards With No Deposit

If you’re unsure about applying for Guaranteed Approval Cards With No Deposit, consider alternatives such as secured credit cards, student credit cards, store cards, and prepaid debit cards.

  • Secured credit cards are designed for people with poor or no credit and require collateral equal to their credit limit. The credit score requirements for unsecured credit cards may be lenient since collateral is not required.
  • However, the majority of student credit cards do not require any credit history at all. Although it is possible to build credit using store cards, their interest rate may be higher, and their use may be limited.
  • Lastly, prepaid debit cards are not a form of credit and can easily be obtained without a bank account or credit history.

It is possible to rebuild or establish your credit using these alternatives even if they do not offer the same benefits as no credit check credit cards. Consider your specific financial needs and goals to choose the right credit card type.

Common Mistakes That Affect Your Credit Scores

Several mistakes can hurt your credit scores, including not being aware of them, borrowing too much, and being overly credit-dependent. However, credit scores can be improved by recognizing and avoiding these mistakes.

  • It is easy to make poor financial decisions when unaware of your credit score. As a preventative measure, you should:
  • Become familiar with the calculation of credit scores.
  • Maintain a good credit score by understanding its importance.
  • Monitor your credit report for inaccuracies and signs of identity theft regularly.

Keeping informed and making better financial decisions comes from following these steps.

Bad borrowing habits, such as habitually maxing out credit cards, making only minimum payments, or frequently applying for new loans, can also negatively affect credit scores. You can prevent this by creating a budget to manage your spending, paying off monthly credit card balances, and only applying for a new card when necessary.

You can also damage your credit score with a high credit utilization rate. Your credit utilization ratio should remain below 30% to maintain a good credit score. Your creditors will see you’re not overextended and can handle additional loans.


Can I Get Credit Cards Without A Deposit?

No deposit is required to get a credit card, and no security deposit is required for approval of these unsecured credit cards. Credit cards without secured guarantees usually have higher interest rates and fees.

Can I Get Guaranteed Approval Cards With No Deposit After Bankruptcy?

A credit card can generally be applied for after your bankruptcy has been discharged. However, you can only apply for a card with court approval in bankruptcy proceedings. The bankruptcy discharge process can take as long as three to five years for Chapter 7 bankruptcies after filing, while for Chapter 13 bankruptcies, the process may take four to six months. 

How Do Instant Approval Credit Cards Work?

The issuer will conduct a preliminary credit check when applying for an instant approval credit card.
 Conditional approval will be granted while the issuer reviews your credit history and establishes your full credit limit if you appear eligible for the card.

Can I Get A Credit Card With Bad Credit And No Deposit?

A credit card can be obtained with bad credit and no deposit. People with poor credit can obtain unsecured credit cards through several companies. High-interest rates and fees are usually attached to these cards.

 Are There Guaranteed Approval Cards With No Deposit?

Although some Guaranteed Approval Cards With No Deposit, only a few can guarantee approval for all applicants. An issuer’s specific approval criteria and your credit score determine whether you’re approved for a credit card.

What Is An Instant Credit Card Number?

Card members who are approved by some issuers, such as American Express, can receive instant credit card numbers as soon as they are approved. This enables you to access your card benefits immediately, bypassing the need to wait for a physical card to be delivered by mail.


To conclude, Guaranteed Approval Cards With No Deposit are among the best tools for restoring a person’s credit rating if they have a limited or poor credit history. These cards can improve credit scores despite disadvantages like higher interest rates and fees.

Refrain from making these common mistakes when working to improve your credit, such as poor borrowing habits or exceeding your credit limit.

About the author

Alex Wilkinson

Alex Wilkinson is a seasoned writer who specializes in writing about finance, especially credit cards. Alex Wilkinson understands credit card intricacies, from rewards programs to APRs. He writes engaging and informative content to help readers manage their credit cards.

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